Airtel Malawi Plc (MAL:AIRTEL)
112.34
-0.01 (-0.01%)
At close: May 6, 2026
Airtel Malawi Income Statement
Financials in millions MWK. Fiscal year is January - December.
Millions MWK. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
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 |
| 363,101 | 270,967 | 193,999 | 153,464 | 131,769 | |
Revenue Growth (YoY) | 34.00% | 39.67% | 26.41% | 16.46% | 19.54% |
Cost of Revenue | 124,848 | 89,358 | 63,211 | 44,303 | 39,656 |
Gross Profit | 238,253 | 181,609 | 130,787 | 109,161 | 92,113 |
Selling, General & Admin | 41,348 | 28,177 | 17,191 | 13,829 | 12,080 |
Other Operating Expenses | 43,436 | 33,807 | 22,067 | 16,564 | 14,256 |
Operating Expenses | 115,307 | 87,428 | 57,533 | 44,064 | 40,986 |
Operating Income | 122,946 | 94,181 | 73,254 | 65,097 | 51,127 |
Interest Expense | -25,559 | -23,415 | -13,526 | -6,706 | -2,564 |
Interest & Investment Income | 10,606 | 4,600 | 3,361 | 3,002 | 1,864 |
Currency Exchange Gain (Loss) | -22,384 | -19,462 | -84,704 | -12,790 | -5,626 |
Other Non Operating Income (Expenses) | -108.76 | -403.97 | -150.26 | 5,179 | -24.27 |
EBT Excluding Unusual Items | 85,500 | 55,500 | -21,765 | 53,781 | 44,776 |
Gain (Loss) on Sale of Assets | - | - | - | - | 1,429 |
Legal Settlements | -9.49 | -148.07 | -13.6 | -1,015 | - |
Other Unusual Items | 311.09 | 48.98 | 5.58 | -0.51 | - |
Pretax Income | 85,801 | 55,401 | -21,773 | 52,765 | 46,217 |
Income Tax Expense | 34,553 | 12,679 | -6,349 | 15,840 | 13,882 |
Net Income | 51,248 | 42,722 | -15,424 | 36,925 | 32,335 |
Net Income to Common | 51,248 | 42,722 | -15,424 | 36,925 | 32,335 |
Net Income Growth | 19.96% | - | - | 14.20% | 46.36% |
Shares Outstanding (Basic) | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 |
Shares Outstanding (Diluted) | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 |
EPS (Basic) | 4.66 | 3.88 | -1.40 | 3.36 | 2.94 |
EPS (Diluted) | 4.66 | 3.88 | -1.40 | 3.36 | 2.94 |
EPS Growth | 20.08% | - | - | 14.20% | 46.36% |
Free Cash Flow | 89,266 | 52,164 | 21,475 | 66,109 | 33,624 |
Free Cash Flow Per Share | 8.12 | 4.74 | 1.95 | 6.01 | 3.06 |
Dividend Per Share | 3.500 | 2.000 | - | 2.500 | 2.950 |
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 | 142,655 | 110,360 | 86,554 | 75,912 | 61,781 |
EBITDA Margin | 39.29% | 40.73% | 44.62% | 49.47% | 46.88% |
D&A For EBITDA | 19,709 | 16,179 | 13,299 | 10,815 | 10,654 |
EBIT | 122,946 | 94,181 | 73,254 | 65,097 | 51,127 |
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 | 363,488 | 271,111 | 194,027 | 153,451 | 135,074 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.