Airtel Malawi Plc (MAL:AIRTEL)
Malawi flag Malawi · Delayed Price · Currency is MWK
112.34
-0.01 (-0.01%)
At close: May 6, 2026

Airtel Malawi Income Statement

Millions MWK. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
363,101270,967193,999153,464131,769
Revenue Growth (YoY)
34.00%39.67%26.41%16.46%19.54%
Cost of Revenue
124,84889,35863,21144,30339,656
Gross Profit
238,253181,609130,787109,16192,113
Selling, General & Admin
41,34828,17717,19113,82912,080
Other Operating Expenses
43,43633,80722,06716,56414,256
Operating Expenses
115,30787,42857,53344,06440,986
Operating Income
122,94694,18173,25465,09751,127
Interest Expense
-25,559-23,415-13,526-6,706-2,564
Interest & Investment Income
10,6064,6003,3613,0021,864
Currency Exchange Gain (Loss)
-22,384-19,462-84,704-12,790-5,626
Other Non Operating Income (Expenses)
-108.76-403.97-150.265,179-24.27
EBT Excluding Unusual Items
85,50055,500-21,76553,78144,776
Gain (Loss) on Sale of Assets
----1,429
Legal Settlements
-9.49-148.07-13.6-1,015-
Other Unusual Items
311.0948.985.58-0.51-
Pretax Income
85,80155,401-21,77352,76546,217
Income Tax Expense
34,55312,679-6,34915,84013,882
Net Income
51,24842,722-15,42436,92532,335
Net Income to Common
51,24842,722-15,42436,92532,335
Net Income Growth
19.96%--14.20%46.36%
Shares Outstanding (Basic)
11,00011,00011,00011,00011,000
Shares Outstanding (Diluted)
11,00011,00011,00011,00011,000
EPS (Basic)
4.663.88-1.403.362.94
EPS (Diluted)
4.663.88-1.403.362.94
EPS Growth
20.08%--14.20%46.36%
Free Cash Flow
89,26652,16421,47566,10933,624
Free Cash Flow Per Share
8.124.741.956.013.06
Dividend Per Share
3.5002.000-2.5002.950
Dividend Growth
75.00%---15.25%40.48%
Gross Margin
65.62%67.02%67.42%71.13%69.91%
Operating Margin
33.86%34.76%37.76%42.42%38.80%
Profit Margin
14.11%15.77%-7.95%24.06%24.54%
Free Cash Flow Margin
24.58%19.25%11.07%43.08%25.52%
EBITDA
142,655110,36086,55475,91261,781
EBITDA Margin
39.29%40.73%44.62%49.47%46.88%
D&A For EBITDA
19,70916,17913,29910,81510,654
EBIT
122,94694,18173,25465,09751,127
EBIT Margin
33.86%34.76%37.76%42.42%38.80%
Effective Tax Rate
40.27%22.89%-30.02%30.04%
Revenue as Reported
363,488271,111194,027153,451135,074
Source: S&P Global Market Intelligence. Standard template. Financial Sources.