Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Portugal	72.77M	51.92M	115.07M	138.98M	102.35M
Portugal Growth	40.14%	-54.88%	-17.20%	35.79%	62.40%
Angola	68.03M	26.72M	18.47M	38.75M	23.19M
Angola Growth	154.61%	44.64%	-52.33%	67.13%	3.67%
Mozambique	27.40M	29.28M	13.38M	10.01M	10.02M
Mozambique Growth	-6.43%	118.79%	33.65%	-0.02%	-1.42%
Zambia	3.79M	3.43M	10.58M	7.00M	3.35M
Zambia Growth	10.66%	-67.61%	51.16%	108.82%	-57.80%
Malawi	4.37M	7.69M	18.92M	17.35M	11.96M
Malawi Growth	-43.10%	-59.37%	9.03%	45.04%	14.34%
Gabon	-	4.92M	7.01M	6.77M	4.78M
Gabon Growth	-	-29.73%	3.42%	41.76%	127.21%
Zimbabwe	-	-	-	-	585.68K
Zimbabwe Growth	-	-	-	-	-92.59%
Total	176.37M	123.96M	183.43M	218.87M	156.23M
Total Growth	42.27%	-32.42%	-16.19%	40.09%	26.03%

Source: S&P Global Market Intelligence.