HUGE GROUP STRUCTURE
Over the past decade, we have focused our efforts on building a future-ready investment ecosystem with a solid architectural foundation. We have done so by making carefully selected investments in companies with specific attributes that enable Huge Group to unlock exponential value for its stakeholders.
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These investments have uniquely positioned Huge Group. As testimony to this, Huge Group had a reported net asset value (excluding goodwill) for the year ending 28 February 2015 of R37 million. For the year ending 29 February 2024, Huge Group’s reported net asset value is R1 582 million, representing an almost 50-fold increase over a decade and demonstrating Huge Group’s ability to create exponential value. We feel that we are finally ‘coming of age’ and it is our collective ambition to build the value of our investment portfolio while continuing to expand our ecosystem, enhance its agility, and find innovative propositions.
This ambition is cultivated by the collaborative partnership that exists between the entrepreneurs that run our portfolio investment companies (PICs), the network of subject-matter experts, specialists, engineers, technicians with whom we engage, and the many talented people that make up our PICs’ aggregate staff complement of approximately 300 employees, who work hand-in-hand with our distributors, resellers, and partners to serve our many individual, SMME, and enterprise customers in South Africa and in other selected locations on the African continent.
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Our portfolio structure has been set out below:
100.00%
100.00%
96.00%
49.00%
75.00%
100.00%
83.71%
100.00%
100.00%
100.00%
75.13%
100.00%
20.00%
The following three investments are held as subsidiaries of
Huge TNS Proprietary Limited.