MTN Nigeria Communications Past Earnings Performance
Past criteria checks 0/6
MTN Nigeria Communications has been growing earnings at an average annual rate of 6.5%, while the Wireless Telecom industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 17.8% per year.
Key information
6.5%
Earnings growth rate
6.4%
EPS growth rate
| Wireless Telecom Industry Growth | 13.0% |
| Revenue growth rate | 17.8% |
| Return on equity | n/a |
| Net Margin | -5.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MTN Nigeria Communications makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,468,847 | -133,841 | 676,080 | 0 |
| 30 Sep 23 | 2,329,086 | 239,284 | 583,574 | 0 |
| 30 Jun 23 | 2,220,924 | 308,185 | 522,733 | 0 |
| 31 Mar 23 | 2,109,423 | 365,195 | 490,596 | 0 |
| 31 Dec 22 | 2,012,272 | 351,382 | 460,569 | 0 |
| 30 Sep 22 | 1,904,172 | 348,681 | 435,948 | 0 |
| 30 Jun 22 | 1,813,121 | 338,759 | 420,976 | 0 |
| 31 Mar 22 | 1,739,966 | 321,739 | 407,184 | 0 |
| 31 Dec 21 | 1,654,299 | 298,654 | 389,328 | 0 |
| 30 Sep 21 | 1,576,888 | 281,287 | 371,069 | 0 |
| 30 Jun 21 | 1,499,579 | 252,168 | 349,856 | 0 |
| 31 Mar 21 | 1,402,534 | 226,876 | 330,158 | 0 |
| 31 Dec 20 | 1,346,390 | 205,214 | 310,199 | 0 |
| 30 Sep 20 | 1,289,046 | 198,299 | 292,680 | 0 |
| 30 Jun 20 | 1,240,913 | 198,623 | 356,816 | 0 |
| 31 Mar 20 | 1,216,886 | 206,559 | 297,744 | 0 |
| 31 Dec 19 | 1,169,831 | 203,283 | 247,380 | 0 |
| 30 Sep 19 | 1,133,270 | 179,875 | 25,578 | 0 |
| 30 Jun 19 | 1,102,527 | 171,960 | -42,299 | 0 |
| 31 Mar 19 | 1,074,120 | 162,284 | 72,513 | 0 |
| 31 Dec 18 | 1,041,246 | 145,686 | 75,309 | 0 |
| 31 Dec 17 | 887,180 | 81,070 | 271,811 | 0 |
| 01 Jan 17 | 793,673 | 88,800 | 196,216 | 0 |
| 31 Dec 15 | 807,449 | -80,290 | 150,302 | 0 |
| 31 Dec 14 | 824,807 | 209,027 | 93,065 | 0 |
Quality Earnings: MTNN is currently unprofitable.
Growing Profit Margin: MTNN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MTNN is unprofitable, but has reduced losses over the past 5 years at a rate of 6.5% per year.
Accelerating Growth: Unable to compare MTNN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MTNN is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (-2.2%).
Return on Equity
High ROE: MTNN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.