MTN Nigeria Communications PLC (NGX:MTNN)
790.00
0.00 (0.00%)
At close: Mar 9, 2026
NGX:MTNN Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Operating Revenue | 5,202,957 | 3,358,461 | 2,468,847 | 2,012,272 | 1,654,299 | Upgrade
|
| Other Revenue | 1,479 | 2,369 | - | - | - | Upgrade
|
| Revenue | 5,204,436 | 3,360,830 | 2,468,847 | 2,012,272 | 1,654,299 | Upgrade
|
| Revenue Growth (YoY) | 54.86% | 36.13% | 22.69% | 21.64% | 22.87% | Upgrade
|
| Cost of Revenue | 895,102 | 696,682 | 467,002 | 404,583 | 333,550 | Upgrade
|
| Gross Profit | 4,309,334 | 2,664,148 | 2,001,845 | 1,607,689 | 1,320,749 | Upgrade
|
| Selling, General & Admin | 1,345,860 | 1,169,028 | 675,761 | 460,569 | 389,328 | Upgrade
|
| Amortization of Goodwill & Intangibles | 90,216 | 90,684 | 79,033 | 53,955 | 43,945 | Upgrade
|
| Other Operating Expenses | 220,300 | 192,392 | 115,781 | 63,958 | 54,012 | Upgrade
|
| Operating Expenses | 2,230,414 | 1,896,575 | 1,220,411 | 860,729 | 735,664 | Upgrade
|
| Operating Income | 2,078,920 | 767,573 | 781,434 | 746,960 | 585,085 | Upgrade
|
| Interest Expense | -520,893 | -427,346 | -234,373 | -145,653 | -137,624 | Upgrade
|
| Interest & Investment Income | 48,659 | 26,921 | 24,494 | 12,783 | 11,892 | Upgrade
|
| Currency Exchange Gain (Loss) | 90,268 | -925,361 | -740,434 | -81,822 | -22,374 | Upgrade
|
| Other Non Operating Income (Expenses) | -4,015 | -4,302 | -2,554 | -1,105 | - | Upgrade
|
| EBT Excluding Unusual Items | 1,692,939 | -562,515 | -171,433 | 531,163 | 436,979 | Upgrade
|
| Gain (Loss) on Sale of Investments | 2,499 | 1,519 | 1,321 | 904 | 16 | Upgrade
|
| Gain (Loss) on Sale of Assets | 2,477 | 2,193 | 752 | 1,381 | 1,692 | Upgrade
|
| Asset Writedown | -672 | 1,117 | -4,221 | -761 | -500 | Upgrade
|
| Legal Settlements | -1,214 | 7,361 | -4,305 | -3,356 | - | Upgrade
|
| Other Unusual Items | - | - | - | -10,508 | -1,500 | Upgrade
|
| Pretax Income | 1,696,029 | -550,325 | -177,886 | 518,823 | 436,687 | Upgrade
|
| Income Tax Expense | 583,183 | -149,890 | -40,865 | 170,096 | 138,033 | Upgrade
|
| Earnings From Continuing Operations | 1,112,846 | -400,435 | -137,021 | 348,727 | 298,654 | Upgrade
|
| Minority Interest in Earnings | - | 987 | 3,180 | 2,655 | - | Upgrade
|
| Net Income | 1,112,846 | -399,448 | -133,841 | 351,382 | 298,654 | Upgrade
|
| Net Income to Common | 1,112,846 | -399,448 | -133,841 | 351,382 | 298,654 | Upgrade
|
| Net Income Growth | - | - | - | 17.66% | 45.53% | Upgrade
|
| Shares Outstanding (Basic) | 20,970 | 20,970 | 20,967 | 20,967 | 20,355 | Upgrade
|
| Shares Outstanding (Diluted) | 20,970 | 20,970 | 20,967 | 20,967 | 20,355 | Upgrade
|
| Shares Change (YoY) | - | 0.01% | - | 3.01% | - | Upgrade
|
| EPS (Basic) | 53.07 | -19.05 | -6.38 | 16.76 | 14.67 | Upgrade
|
| EPS (Diluted) | 53.07 | -19.05 | -6.38 | 16.76 | 14.67 | Upgrade
|
| EPS Growth | - | - | - | 14.22% | 45.53% | Upgrade
|
| Free Cash Flow | 1,662,866 | 529,001 | 611,246 | 536,927 | 513,791 | Upgrade
|
| Free Cash Flow Per Share | 79.30 | 25.23 | 29.15 | 25.61 | 25.24 | Upgrade
|
| Dividend Per Share | 20.000 | - | 5.600 | 15.600 | 13.120 | Upgrade
|
| Dividend Growth | - | - | -64.10% | 18.90% | 39.57% | Upgrade
|
| Gross Margin | 82.80% | 79.27% | 81.08% | 79.89% | 79.84% | Upgrade
|
| Operating Margin | 39.95% | 22.84% | 31.65% | 37.12% | 35.37% | Upgrade
|
| Profit Margin | 21.38% | -11.88% | -5.42% | 17.46% | 18.05% | Upgrade
|
| Free Cash Flow Margin | 31.95% | 15.74% | 24.76% | 26.68% | 31.06% | Upgrade
|
| EBITDA | 2,423,133 | 1,069,767 | 1,047,822 | 952,249 | 765,287 | Upgrade
|
| EBITDA Margin | 46.56% | 31.83% | 42.44% | 47.32% | 46.26% | Upgrade
|
| D&A For EBITDA | 344,213 | 302,194 | 266,388 | 205,289 | 180,202 | Upgrade
|
| EBIT | 2,078,920 | 767,573 | 781,434 | 746,960 | 585,085 | Upgrade
|
| EBIT Margin | 39.95% | 22.84% | 31.65% | 37.12% | 35.37% | Upgrade
|
| Effective Tax Rate | 34.38% | - | - | 32.78% | 31.61% | Upgrade
|
| Advertising Expenses | 58,333 | 45,129 | 50,902 | 31,958 | 21,453 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.