MTN Group Past Earnings Performance

Past criteria checks 0/6

MTN Group's earnings have been declining at an average annual rate of -12.2%, while the Wireless Telecom industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 8% per year.

Key information

-12.2%

Earnings growth rate

-12.2%

EPS growth rate

Wireless Telecom Industry Growth	13.0%
Revenue growth rate	8.0%
Return on equity	-8.3%
Net Margin	-3.7%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How MTN Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:LL6 Revenue, expenses and earnings (ZAR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	199,158	-7,439	26,666
31 Mar 24	210,231	-1,673	27,623
31 Dec 23	221,304	4,092	28,579
30 Sep 23	222,059	7,070	28,595
30 Jun 23	222,813	15,141	28,610
31 Mar 23	214,928	17,089	27,597
31 Dec 22	207,042	19,037	26,584
30 Sep 22	199,489	19,076	25,632
30 Jun 22	191,936	19,114	24,679
31 Mar 22	186,791	16,432	24,173
31 Dec 21	181,646	13,750	23,666
30 Sep 21	182,107	10,664	23,876
30 Jun 21	182,568	7,578	24,086
31 Mar 21	181,014	12,300	23,787
31 Dec 20	179,460	17,022	23,487
30 Sep 20	171,256	16,835	22,128
30 Jun 20	163,052	16,647	20,768
31 Mar 20	157,256	12,874	20,078
31 Dec 19	151,460	9,100	19,388
30 Sep 19	147,874	9,004	18,971
30 Jun 19	144,288	8,908	18,553
31 Mar 19	139,424	8,814	18,081
31 Dec 18	134,560	8,719	17,608
30 Sep 18	132,696	6,028	17,752
30 Jun 18	130,831	3,337	17,896
31 Mar 18	131,850	3,877	17,963
31 Dec 17	132,869	4,416	18,030
30 Sep 17	133,245	6,376	18,476
30 Jun 17	133,620	8,335	18,921
31 Mar 17	140,770	2,861	19,551
31 Dec 16	147,920	-2,614	20,180
30 Sep 16	144,797	101	19,889
30 Jun 16	141,674	2,815	19,597
31 Mar 16	136,769	11,510	19,005
31 Dec 15	131,863	20,204	18,412
30 Sep 15	137,669	25,397	18,423
30 Jun 15	143,475	30,589	18,434
31 Mar 15	145,203	31,334	17,804
31 Dec 14	146,930	32,079	17,174
30 Sep 14	145,625	29,700	16,057
30 Jun 14	144,320	27,320	14,940
31 Mar 14	140,795	27,036	15,651
31 Dec 13	137,270	26,751	16,362

Quality Earnings: LL6 is currently unprofitable.

Growing Profit Margin: LL6 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LL6 is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.

Accelerating Growth: Unable to compare LL6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LL6 is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (2.7%).

Return on Equity

High ROE: LL6 has a negative Return on Equity (-8.28%), as it is currently unprofitable.

MTN Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: R4.09 loss per share (vs R2.29 profit in 1H 2023)

MTN Group Limited to Report First Half, 2024 Results on Aug 19, 2024

Full year 2023 earnings released: EPS: R2.27 (vs R10.71 in FY 2022)

MTN Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

First half 2023 earnings released: EPS: R5.11 (vs R4.45 in 1H 2022)

Full year 2022 earnings released: EPS: R10.71 (vs R7.63 in FY 2021)

Recent updates

MTN Group Limited Provides Dividend Guidance for the Fiscal 2024

First half 2024 earnings released: R4.09 loss per share (vs R2.29 profit in 1H 2023)

New major risk - Financial position

MTN Group Limited to Report First Half, 2024 Results on Aug 19, 2024

MTN Group Announces Executive Appointments

MTN Group Limited, Annual General Meeting, May 24, 2024

Upcoming dividend of R3.30 per share

Dividend of R3.30 announced

Full year 2023 earnings released: EPS: R2.27 (vs R10.71 in FY 2022)

New major risk - Revenue and earnings growth

MTN Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

MTN Group Limited Announces Executive Changes

Mastercard Incorporated (NYSE:MA) signed a memorandum of understanding to acquire an unknown minority stake in Fintech Division of MTN Group Limited (JSE:MTN).

First half 2023 earnings released: EPS: R5.11 (vs R4.45 in 1H 2022)

Mastercard Incorporated (NYSE:MA) signed a memorandum of understanding to acquire an unknown minority stake in Fintech Division of MTN Group Limited (JSE:MTN).

MTN Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2023

Investor sentiment improves as stock rises 16%

MTN Likely to Keep IHS Towers Stake for Now

MTN Group Limited Announces Election of Social, Ethics and Sustainability Committee Members

Group Chief Human Resources Officer recently sold €262k worth of stock

Group CFO & Executive Director recently bought €225k worth of stock

Upcoming dividend of R3.30 per share at 2.6% yield

Full year 2022 earnings released: EPS: R10.71 (vs R7.63 in FY 2021)

MTN Group Limited Appoints Nicky Newton-King as an Independent Non-Executive Director, Effective 1 January 2023

MTN Group Announces Executive Changes

MTN Group Appoints Willington Ngwepe as Chief of Staff of the Group President

First half 2022 earnings released

MTN Group Limited to Report Q2, 2022 Results on Aug 11, 2022

MTN in Talks to Buy Telkom

IHS Holding Limited (NYSE:IHS) completed it's acquisition of a 70% stake in 5701 Towers of MTN Group from MTN Group Limited (JSE:MTN).

MTN Group Appoints Tumi Chamayou as Group Executive for Enterprise Business Unit, Effective 1 June 2022

Upcoming dividend of R3.00 per share

Full year 2021 earnings: Revenues in line with analyst expectations

Investor sentiment improved over the past week

MTN Group Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First half 2021 earnings released: EPS R1.48 (vs R6.74 in 1H 2020)

Investor sentiment improved over the past week

New 90-day high: €4.59

Full year 2020 earnings released: EPS R9.47 (vs R5.06 in FY 2019)

Revenue beats expectations

MTN Group Limited to Report Fiscal Year 2020 Results on Mar 10, 2021

Proximus PLC (ENXTBR:PROX) signed an agreement to acquire remaining 42.4% stake in Belgacom International Carrier Services SA from Swisscom AG (SWX:SCMN) and MTN Group Limited (JSE:MTN) for approximately €220 million.

Investor sentiment improved over the past week

New 90-day high: €3.92

MTN to Sell-Off its Towers Business

Investor sentiment deteriorated over the past week

MTN Group Limited Announces Changes to Regional Structure and the Group Executive Committee

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: €3.72

Market bids up stock over the past week

MTN Group Limited Announces Management Changes

New 90-day low: €2.71

MTN Group Limited Announces Executive Changes

MTN Group Limited Not to Declare A 2020 Interim Dividend

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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