Airtel Africa Plc (LON: AAF)

Airtel Africa Income Statement

Financials in millions USD. Fiscal year is April - March.

Year	2023	2022	2021	2020	2019
Revenue	4,979	5,255	4,714	3,908	3,422
Revenue Growth (YoY)	-5.25%	11.48%	20.62%	14.20%	11.21%
Cost of Revenue	1,484	1,678	1,468	1,268	1,193
Gross Profit	3,495	3,577	3,246	2,640	2,229
Selling, General & Admin	576	243	224	187	148
Other Operating Expenses	0	-2	111	-21	70
Operating Expenses	1,850	1,806	1,706	1,514	1,330
Operating Income	1,640	1,757	1,535	1,119	-901
Interest Income	38	29	19	9	67
Interest Expense	435	752	441	432	440
Other Expense / Income	1,382	87	13	75	-1,834
Pretax Income	-63	1,034	1,224	697	598
Income Tax	26	284	469	282	190
Net Income	-165	663	631	339	370
Net Income Growth	-	5.07%	86.14%	-8.38%	-10.19%
Shares Outstanding (Basic)	3,751	3,752	3,754	3,758	3,586
Shares Outstanding (Diluted)	3,751	3,757	3,760	3,759	3,587
Shares Change	-0.17%	-0.09%	0.03%	4.81%	-4.56%
EPS (Basic)	-0.04	0.18	0.17	0.09	0.10
EPS (Diluted)	-0.04	0.18	0.17	0.09	0.10
EPS Growth	-	5.88%	88.89%	-10.00%	-9.09%
Free Cash Flow	1,230	927	1,272	751	576
Free Cash Flow Per Share	0.33	0.25	0.34	0.20	0.16
Gross Margin	70.19%	68.07%	68.86%	67.55%	65.14%
Operating Margin	32.94%	33.43%	32.56%	28.63%	-26.33%
Profit Margin	-3.31%	12.62%	13.39%	8.67%	10.81%
Free Cash Flow Margin	24.70%	17.64%	26.98%	19.22%	16.83%
Effective Tax Rate	-	27.47%	38.32%	40.46%	31.77%
EBITDA	1,165	2,618	2,414	1,817	1,668
EBITDA Margin	23.40%	49.82%	51.21%	46.49%	48.74%
Depreciation & Amortization	788	818	744	681	632
EBIT	377	1,800	1,670	1,136	1,036
EBIT Margin	7.57%	34.25%	35.43%	29.07%	30.27%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.