Interfront 2025 Annual Report

INTERFRONT ANNUAL REPORT 2025 Interfront maintained consistent service levels across all core platforms throughout the year, demonstrating robust technical infrastructure and operational resilience. System availability and performance metrics remained within established parameters, ensuring uninterrupted service delivery to stakeholders. Through targeted leadership transitions and streamlined delivery models, we fostered a culture of continuous improvement, enhanced cross-functional collaboration, and responsiveness to client needs. Financial Overview Interfront delivered strong financial performance in the 2024/2025 financial year, recording a modest net surplus of R6.91 million, representing an increase from the previous year’s R4.08 million. Revenue growth of 12.15%, was achieve through sustained client demand and the successful progress on strategic initiatives. To support this growth, the organisation strategically expanded staffing levels, resulting in increased employee costs, while reducing dependency on external developers. Strong collections and financial controls nearly doubled cash and cash equivalents, reinforcing Interfront’s liquidity and enabling a 12.6% increase in net assets to R61.9 million. These outcomes reflect sound fiscal management and a continued focus on operational sustainability. Total expenditure for the 2024/2025 financial year increased by 10.8% to R236.5 million, compared to R213.5 million in the preceding year. This expenditurewas primarily attributed to strategic investments in human capital development. Employee-related costs rose by 13.3%, representing nearly 88% of total organisational expenditure. This increase reflects deliberate investment in workforce capacity to support Interfront’s expanding operational mandate and enhanced service delivery requirements. While employee costs increased, external development services decreased by 34.8%, aligning with the company’s strategy to build internal capacity. Administrative expenses rose marginally by 2.8%, representing a real-term reduction when adjusted for prevailing inflation rates. Cost controls remained robust, and Interfront upheld strong cost discipline and remained focused on financial sustainability, successfully funding its operations without reliance on external support, while safeguarding liquidity through effective cash flow management. 8