Board Change • 2h
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Werner Schuckmann is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Feb 23
Mobile Telecommunications Limited, Annual General Meeting, Mar 19, 2026 Mobile Telecommunications Limited, Annual General Meeting, Mar 19, 2026. Location: avani hotel, windhoek, Namibia お知らせ • Feb 03
Mobile Telecommunications Limited, Annual General Meeting, Feb 28, 2025 Mobile Telecommunications Limited, Annual General Meeting, Feb 28, 2025. お知らせ • Sep 04
Mobile Telecommunications Limited Announces Resignation of Toini Muteka as Non-Executive Director Mobile Telecommunications Limited announced the resignation of Ms. Toini Muteka as non-executive director from the MTC Board effective 30 September 2024. Declared Dividend • Jun 05
Final dividend of N$0.34 announced Shareholders will receive a dividend of N$0.34. Ex-date: 14th June 2024 Payment date: 5th July 2024 Dividend yield will be 9.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 63% per year over the past 2 years and payments have been stable during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. CFO & Director Thinus Smith was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 08
Upcoming dividend of N$0.39 per share at 11% yield Eligible shareholders must have bought the stock before 15 January 2024. Payment date: 02 February 2024. Payout ratio and cash payout ratio are on the higher end at 81% and 85% respectively. Trailing yield: 11%. Lower than top quartile of Namibian dividend payers (12%). Higher than average of industry peers (5.6%). Reported Earnings • Dec 09
Full year 2023 earnings released: EPS: N$1.06 (vs N$1.06 in FY 2022) Full year 2023 results: EPS: N$1.06 (up from N$1.06 in FY 2022). Revenue: N$3.05b (up 5.0% from FY 2022). Net income: N$794.2m (flat on FY 2022). Profit margin: 26% (down from 27% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Dividend is not well covered by cash flows (103% cash payout ratio). Upcoming Dividend • Jun 12
Upcoming dividend of N$0.46 per share at 13% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 75% and the cash payout ratio is 77%. Trailing yield: 13%. Within top quartile of Namibian dividend payers (13%). Higher than average of industry peers (5.4%). Upcoming Dividend • Jan 09
Upcoming dividend of N$0.42 per share Eligible shareholders must have bought the stock before 16 January 2023. Payment date: 03 February 2023. Payout ratio is a comfortable 75% and the cash payout ratio is 77%. Trailing yield: 12%. Within top quartile of Namibian dividend payers (12%). Higher than average of industry peers (5.4%). Reported Earnings • Dec 15
Full year 2022 earnings released: EPS: N$1.06 (vs N$0.99 in FY 2021) Full year 2022 results: EPS: N$1.06 (up from N$0.99 in FY 2021). Revenue: N$2.91b (up 3.7% from FY 2021). Net income: N$793.0m (up 6.7% from FY 2021). Profit margin: 27% (in line with FY 2021). Upcoming Dividend • Jun 13
Upcoming dividend of N$0.37 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Namibian dividend payers (9.9%). Lower than average of industry peers (4.9%). Board Change • May 31
High number of new directors CFO & Director Marthinus Smith was the last director to join the board, commencing their role in 2021. Board Change • Apr 27
High number of new directors CFO & Director Marthinus Smith was the last director to join the board, commencing their role in 2021. Reported Earnings • Jan 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: N$0.99 (down from N$1.03 in FY 2020). Revenue: N$2.80b (up 4.4% from FY 2020). Net income: N$743.3m (down 3.8% from FY 2020). Profit margin: 27% (down from 29% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Board Change • Jan 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Director Marthinus Smith was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.