Safaricom Income Statement

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

Millions KES. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	399,165	384,433	345,893	307,142	295,441	261,462
Other Revenue	799.7	799.7	70	1,171	396.1	482.5
Revenue	399,965	385,233	345,963	308,313	295,838	261,945
Revenue Growth (YoY)	7.89%	11.35%	12.21%	4.22%	12.94%	-0.21%
Cost of Revenue	105,268	103,988	99,124	93,953	92,582	82,022
Gross Profit	294,696	281,245	246,839	214,360	203,256	179,923
Selling, General & Admin	2,536	2,536	2,707	1,550	1,829	1,727
Amortization of Goodwill & Intangibles	10,277	10,277	18,086	8,699	2,131	2,035
Other Operating Expenses	63,879	74,564	75,860	66,094	49,616	40,485
Operating Expenses	146,768	156,325	167,321	127,242	93,727	83,180
Operating Income	147,929	124,920	79,518	87,119	109,529	96,743
Interest Expense	-18,990	-20,012	-19,228	-11,047	-6,072	-3,628
Interest & Investment Income	2,384	2,384	2,468	1,564	1,228	1,524
Earnings From Equity Investments	-387.7	-1,178	-1,379	-38.2	-476	-507
Currency Exchange Gain (Loss)	-24,155	-24,155	649	188.7	-2,045	-442.1
Other Non Operating Income (Expenses)	-21.6	-21.5	30.4	48	5.6	-92.6
EBT Excluding Unusual Items	106,759	81,938	62,058	77,834	102,169	93,598
Gain (Loss) on Sale of Assets	23	23	268.4	34.6	47.1	38
Asset Writedown	25	25	-	90	-	-
Other Unusual Items	7,784	11,225	22,361	10,387	-2.8	-
Pretax Income	114,591	93,211	84,687	88,345	102,213	93,636
Income Tax Expense	49,656	47,453	42,029	35,862	34,717	24,959
Earnings From Continuing Operations	64,935	45,757	42,658	52,483	67,496	68,676
Minority Interest in Earnings	19,527	24,042	20,333	9,786	2,152	-
Net Income	84,462	69,799	62,992	62,269	69,648	68,676
Net Income to Common	84,462	69,799	62,992	62,269	69,648	68,676
Net Income Growth	48.32%	10.81%	1.16%	-10.60%	1.42%	-6.76%
Shares Outstanding (Basic)	39,972	40,065	40,065	40,065	40,065	40,065
Shares Outstanding (Diluted)	39,972	40,065	40,065	40,065	40,065	40,065
Shares Change (YoY)	-0.20%	-	-	-	0.00%	-
EPS (Basic)	2.11	1.74	1.57	1.55	1.74	1.71
EPS (Diluted)	2.11	1.74	1.57	1.55	1.74	1.71
EPS Growth	48.70%	10.83%	1.29%	-10.84%	1.66%	-6.99%
Free Cash Flow	44,536	76,901	41,287	49,820	69,643	69,629
Free Cash Flow Per Share	1.11	1.92	1.03	1.24	1.74	1.74
Dividend Per Share	0.650	1.200	1.200	1.200	1.390	1.370
Dividend Growth	-45.83%	-	-	-13.67%	1.46%	-2.14%
Gross Margin	73.68%	73.01%	71.35%	69.53%	68.70%	68.69%
Operating Margin	36.98%	32.43%	22.98%	28.26%	37.02%	36.93%
Profit Margin	21.12%	18.12%	18.21%	20.20%	23.54%	26.22%
Free Cash Flow Margin	11.13%	19.96%	11.93%	16.16%	23.54%	26.58%
EBITDA	212,414	186,197	152,767	135,572	145,805	131,403
EBITDA Margin	53.11%	48.33%	44.16%	43.97%	49.29%	50.16%
D&A For EBITDA	64,485	61,277	73,248	48,454	36,277	34,660
EBIT	147,929	124,920	79,518	87,119	109,529	96,743
EBIT Margin	36.98%	32.43%	22.98%	28.26%	37.02%	36.93%
Effective Tax Rate	43.33%	50.91%	49.63%	40.59%	33.97%	26.66%
Revenue as Reported	403,975	388,689	349,447	310,905	298,078	264,027

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.