Huge Group (HUG) Stock Overview

Huge Group Limited, an investment holding company, operates in the converging connectivity, cloud, software, and xTech markets in South Africa, Botswana, Lesotho, Namibia, Estwatini, and Zambia. It operates through Corporate Office Grouping, Cloud and Connectivity Grouping, Software and xTech Grouping, and Distribution Grouping segments. The company offers connectivity, voice, WAN management, aggregation, cyber security, PBX, and cloud and hosting services; and imports and distributes telecommunications, CCTV and PABX products, and equipment, as well as renewable energy products, such as solar panels, batteries, and inverters. It also provides internet access and secure connectivity for payment systems, including customer SIM card, bulk messaging, 2G/3G/4G mobile data connectivity, fixed mobile voice, and hosted PBX solutions. In addition, the company develops, implements, and supports enterprise resource planning software for manufacturing, engineering, wholesale distribution, and professional services industries. Further, it operates xTech, a mobile virtual network enabler that offers a cloud-native, full-service, enablement service, which enables businesses in the consumer and enterprise segments to enter the VNO market. The company was founded in 1993 and is headquartered in Johannesburg, South Africa.