Airtel Africa Plc

Airtel Africa Plc

AARTY
Airtel Africa PlcUS flagOther OTC
47.18
USD
+1.32
- -
17.22BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
7.67
7.74
8.19
9.54
10.4
12.56
14.01
13.28
13.38
17.57
13.33
Basic EPS, GAAP
-1.68
-0.37
1.03
1.03
0.9
1.68
1.77
-0.44
0.59
1.86
1.38
Free Cash Flow per Basic Share
-0.41
1.29
1.01
1.61
2
3.39
2.53
3.28
3.8
6.36
4.67
Dividend per Share
- -
- -
- -
0.32
0.45
0.45
0.52
0.57
0.62
0.67
0.28
Book Value per Share
-0.2
-0.29
0.7
0.9
0.91
0.93
0.97
0.58
0.68
0.86
0.86
Tangible Book Value per Share
-1.5
-1.55
-0.51
-0.28
-0.31
-0.26
-0.29
-0.3
-0.37
-0.27
-0.27
Basic Weighted Avg Shares
376
376
376
359
376
375
375
375
370
365
364
Sales/Revenue/Turnover
2,884
2,910
3,077
3,422
3,908
4,714
5,255
4,979
4,955
6,415
4,848
Operating Margin (%)
6
18.97
24.02
26.59
29.2
32.67
33.7
33.04
29.55
33.14
33.21
Depreciation Expense
660
577
573
632
681
744
818
788
831
1,047
792
Net Income, GAAP
-630
-138
388
370
339
631
663
-165
220
679
502
Effective Tax Rate (%)
- -
- -
- -
31.77
40.46
38.32
27.47
- -
50.38
42.71
42.76
Profit Margin (%)
-21.84
-4.74
12.61
10.81
8.67
13.39
12.62
-3.31
4.44
10.58
10.35
Working Capital
-2,674
-3,736
-1,678
-817
-1,599
-1,076
-1,674
-1,754
-2,081
-2,087
-2,087
LT Debt
6,084
4,887
3,474
3,416
2,908
2,823
2,885
2,679
4,656
5,064
5,064
Total Equity
-998
-1,317
2,430
3,281
3,353
3,649
3,808
2,300
2,775
3,488
3,488
Return on Invested Capital (%)
- -
- -
- -
8.36
8.64
11.95
16.04
- -
9.2
12.79
9.68
Return on Capital (%)
- -
- -
- -
7.23
5.73
8.98
10.74
- -
5.5
10.67
7.96
Return on Common Equity (%)
- -
-5.85
10.89
12.3
9.98
18.27
18.58
-5.69
9.47
24.1
17.82

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
1,425
1,348
LT Borrowings
- -
1,179
1,169
LT Finance Leases
- -
3,779
3,895
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,649
3,648
3,648
Market Capitalization
73,524
73,515
172,553

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
2,732
2,905
Cash, Cash Equivalents & STI
- -
835
878
Accounts Receivable, Net
- -
176
193
Inventories
- -
16
16
Total Current Liabilities
- -
4,863
4,992
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,425
1,348
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.99%
25.69%
Free Cash Flow
- -
30.59%
64.89%
Net Income, GAAP
- -
-11.67%
208.64%
Sales/Revenue/Turnover
- -
11.17%
29.47%
Total Cash Common Dividend
- -
- -
7.42%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,377
1,246
1,238
1,118
4,979
2025
1,156
1,214
1,268
1,317
4,955
2026
1,415
- -
1,685
1,748
6,415

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.45
0.31
-0.02
- -
-0.44
2025
0.02
0.06
0.36
- -
0.59
2026
0.34
- -
0.49
- -
1.86

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.3
- -
0.57
2025
- -
- -
0.26
- -
0.62
2026
- -
- -
0.29
- -
0.67

Company Description

CEO
Sunil Kumar Taldar
Full Time Employees
4,512
Sector
Communication Services
Industry
Telecommunications Services
Address
15 Davies Street London GL United Kingdom W1K 3DE
IPO Date
Mar 27, 2023
Business
Airtel Africa Plc provides telecommunications and mobile money services across 14 countries in sub-Saharan Africa, primarily in Nigeria, East Africa and Francophone Africa; it offers an integrated suite of mobile voice services including pre- and post-paid wireless voice, international roaming and fixed-line telephony; mobile data services encompassing 4G available in all markets, 5G in five markets, home broadband and data centres; Airtel Money mobile financial services featuring digital wallet payments, microloans, savings and international money transfers; and Airtel Business enterprise solutions including network-as-a-service and digital advertising via Airtel Ads. The company, majority owned by Bharti Airtel and founded in 2010, maintains its headquarters in London, United Kingdom, with key operational hubs in Nairobi, Kenya, and Lagos, Nigeria; it serves over 152 million customers, holding first- or second-largest market share in all operating countries such as Chad, Democratic Republic of the Congo, Gabon, Kenya, Madagascar, Malawi, Niger, Nigeria, Republic of the Congo, Rwanda, Seychelles, Tanzania, Uganda and Zambia. Airtel Africa recently secures a strategic partnership with SpaceX in May 2025 to integrate Starlink satellite internet into its enterprise and retail offerings; enters network sharing agreements with MTN Group in March 2025 for Uganda and Nigeria and with Vodacom in August 2025 to accelerate digital inclusion; raises full-year capital expenditure to $875-900 million in 2025 for 4G/5G expansion, data centres including East Africa's largest in Kenya and Nigeria's first Nxtra facility, and IT/cybersecurity upgrades; receives $200 million sustainability-linked financing from IFC in September 2024 to modernize networks and enhance rural connectivity for 37 million subscribers; and plans a mobile money IPO in the first half of 2026 while launching Nxtra by Airtel data centres and Telesonic fibre services in 2024.

Company News

  • Airtel Africa Plc (AARTY) Q1 2027 Earnings Call Transcript

  • Airtel Africa Q1 Earnings Call Highlights

  • Airtel Africa leaps as Indian parent Bharti says it plans to increase stake

  • Airtel Africa Plc (AARTY) Q4 2026 Earnings Call Transcript

  • Airtel Africa Plc (AARTY) Q2 2026 Earnings Call Transcript