Engineering excellence, built on integrity and innovation.
2025
ANNUAL
REPORTS
A leading multi-disciplinary engineering consulting firm committed to building sustainable infrastructure across South Africa.
REPORT AND
FINANCIAL
STATEMENTS
Yearly Performance & Strategy
Comprehensive annual reviews of our business performance, strategic direction, and commitment to engineering excellence across South Africa.
Annual Report 2025
Comprehensive overview of Mihloti Consulting's performance, strategic initiatives, project highlights, and future outlook for the fiscal year 2025. Covers all nine provinces, 34 completed projects, and record revenue of R12.5M.
Annual Report 2024
Review of our inaugural year, establishing foundations across engineering consultancy, project management, and infrastructure development. Covers 21 projects, initial CIDB grading, and B-BBEE Level 1 certification achieved.
Quarterly Business Updates
Regular updates on project milestones, financial performance, and strategic developments throughout the fiscal year.
Q4 2025 Review
Year-end quarterly review covering final project deliveries, budget performance, strategic planning outcomes for FY2026, and BEE verification results.
Q3 2025 Review
Third quarter update on sustainability initiatives, staff development programs, engineering excellence awards, and 8 project completions across Mpumalanga and KwaZulu-Natal.
Q2 2025 Review
Second quarter highlights featuring expansion into Western Cape market, completion of key municipal infrastructure projects worth R3.8M, and new staff hires in structural engineering.
Q1 2025 Review
First quarter performance review including new project acquisitions in Limpopo and Gauteng, revenue growth of 31% YoY, and strategic partnerships with three major municipalities.
Q2 2024 Review
Second quarter of operations — first structural engineering project commenced, partnership with ECSA mentor firm finalised, and 3 professional registrations obtained.
Q1 2024 Review
Inaugural quarterly report covering company formation milestones, first contract awards from Mopani District Municipality, and initial capital investment in survey equipment.
Report & Financial Statements
Detailed audited financial statements providing transparency into our fiscal health, growth trajectory, and financial stewardship.
Management Accounts Q3 2025
Interim management accounts for bank reporting and board review purposes. Covers nine-month revenue, cost variances, project profitability analysis, and working capital position.
Financial Statements FY2025
Audited financial statements including full income statement, balance sheet, cash flow statement, notes to the financial statements, and five-year comparative summary. Audited by registered SA auditor.
Financial Statements FY2024
Founding year audited financial statements covering initial capital deployment, R9.8M revenue generation, cost management strategies, and establishment of internal controls framework.
Carbon and Energy Reporting — Mihloti Consulting
| Description | 2025 | 2024 | Baseline |
|---|---|---|---|
| Total in-scope GHG emissions (tCO₂e) | 294,771 | 239,955 | 272,365 |
| Scope 1: Office gas, fuel and fugitive emissions | 12,463 | 11,953 | 14,965 |
| Scope 2: Market-based electricity | 3,257 | 3,669 | 8,666 |
| Scope 3: Total | 279,051 | 224,333 | 248,734 |
| Category 1: Purchased goods and services | 206,104 | 169,838 | 167,554 |
| Category 2: Capital goods | 9,880 | 5,550 | 4,033 |
| Category 3: Fuel and energy related activities | 4,925 | 4,529 | 5,514 |
| Category 4: Upstream transportation | 26,411 | 16,685 | 24,588 |
| Category 5: Waste generated in operations | 2,071 | 2,262 | 2,570 |
| Category 6: Business travel | 20,853 | 16,864 | 29,714 |
| Category 7: Employee commuting | 8,807 | 8,605 | 14,761 |
| GHG emissions intensity (tCO₂e/employee) | 15.70 | 13.26 | 17.81 |
Energy Consumption Summary
| Description | 2025 | 2024 | Baseline |
|---|---|---|---|
| Total energy consumption (kWh) | 17,292,126 | 14,921,670 | 23,009,247 |
| Office energy: electricity and gas (kWh) | 6,507,236 | 7,350,528 | 15,186,184 |
| Business travel: car (kWh) | 10,784,890 | 7,571,142 | 7,823,063 |
| Total in-scope GHG emissions (tCO₂e) | 3,531 | 2,923 | 6,437 |
| Scope 1: Office gas and fugitive emissions | 418 | 632 | 1,071 |
| Scope 2: Market-based electricity | 106 | 67 | 2,112 |
| Scope 3: Business travel — car | 3,007 | 2,224 | 3,254 |
| GHG emissions intensity (tCO₂e/employee) | 0.45 | 0.38 | 1.12 |
Environmental & Social Impact
Our commitment to reducing carbon emissions and building sustainable infrastructure for the future of South Africa.
Sustainability Report 2025
Full carbon and energy reporting aligned to GHG Protocol, environmental impact assessment, community engagement initiatives, B-BBEE performance, SHEQ statistics, and progress against Net Zero 2040 targets.
Sustainability Report 2024
Baseline sustainability report establishing carbon inventory, setting science-based targets, social impact measurement, and formalising SHEQ management system across all project sites.
GHG Emissions by Scope (tCO₂e)
- Scope 1
- Scope 2
- Scope 3
Energy Consumption Breakdown (kWh)
- Office Electricity
- Business Travel