Airtel Malawi Plc (MAL:AIRTEL)

Airtel Malawi Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	32,125	89,564	55,892	42,264	59,073	38,523
Short-Term Investments	17,341	8,755	-	-	-	-
Cash & Short-Term Investments	49,466	98,319	55,892	42,264	59,073	38,523
Cash Growth	-41.25%	75.91%	32.24%	-28.45%	53.34%	121.17%
Accounts Receivable	8,833	4,417	5,236	4,320	4,752	5,933
Other Receivables	-	8,801	7,939	4,645	3,882	17,654
Receivables	8,833	13,218	13,176	8,965	8,634	23,587
Inventory	1,895	4,100	1,325	1,356	278.08	292.72
Prepaid Expenses	-	7,314	11,650	7,988	4,530	1,605
Other Current Assets	45,712	23,620	19,384	18,036	4,877	3,205
Total Current Assets	105,907	146,571	101,426	78,609	77,392	67,212
Property, Plant & Equipment	286,238	210,315	164,953	131,425	104,591	83,353
Long-Term Investments	-	-	81	81	81	81
Other Intangible Assets	11,318	9,642	6,189	15.29	195.27	375.25
Long-Term Deferred Tax Assets	31,617	32,979	35,150	27,632	3,248	1,496
Long-Term Deferred Charges	-	4,633	3,692	1,266	224.43	330.55
Other Long-Term Assets	16,600	13,425	15,450	16,530	10,647	7,816
Total Assets	451,681	417,566	326,941	255,560	196,378	160,664

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	150,634	78,123	59,913	44,749	29,714	13,161
Accrued Expenses	-	5,192	4,726	3,683	2,885	1,899
Current Portion of Long-Term Debt	-	54,128	57,441	55,759	109.28	32.69
Current Portion of Leases	5,735	5,326	3,515	3,558	3,170	4,309
Current Income Taxes Payable	1,688	-	-	4,276	5,785	7,019
Current Unearned Revenue	8,556	8,625	7,634	9,705	9,975	8,131
Other Current Liabilities	27,253	65,312	34,510	45,785	33,130	33,073
Total Current Liabilities	247,964	216,706	167,739	167,514	84,769	67,625
Long-Term Debt	-	-	-	-	33,872	32,582
Long-Term Leases	169,155	137,830	125,294	98,652	39,933	26,992
Other Long-Term Liabilities	1,436	1,666	1,792	-	-	136.65
Total Liabilities	418,555	356,202	294,825	266,166	158,575	127,336

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	398.38	398.38	398.38	398.38	398.38	398.38
Retained Earnings	32,726	60,964	31,716	-11,006	37,404	32,929
Shareholders' Equity	33,126	61,364	32,116	-10,606	37,803	33,328
Total Liabilities & Equity	451,681	417,566	326,941	255,560	196,378	160,664

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	228,988	197,284	186,250	157,968	77,085	63,916
Net Cash (Debt)	-179,522	-98,966	-130,358	-115,704	-18,012	-25,393
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-16.28	-9.00	-11.85	-10.52	-1.64	-2.31
Filing Date Shares Outstanding	11,034	11,000	11,000	11,000	11,000	11,000
Total Common Shares Outstanding	11,034	11,000	11,000	11,000	11,000	11,000
Working Capital	-142,057	-70,135	-66,312	-88,905	-7,378	-413.53
Book Value Per Share	3.00	5.58	2.92	-0.96	3.44	3.03
Tangible Book Value	21,807	51,722	25,927	-10,622	37,608	32,953
Tangible Book Value Per Share	1.98	4.70	2.36	-0.97	3.42	3.00
Land	-	88.53	88.53	4,412	4,412	4,412
Buildings	-	4,324	4,324	-	-	-
Machinery	-	220,975	197,372	164,917	148,355	137,871
Construction In Progress	-	17,180	9,987	7,773	4,836	1,178
Leasehold Improvements	-	493.06	522.98	522.98	475.67	464.82

Data Source: S&P Global Market Intelligence Last updated: Apr 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 29, 2026

Data Sources Report a data error