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Mdundo.com (MDUNDO) investor relations material

Mdundo.com Q4 24/25 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 24/25 earnings summary26 Sep, 2025

Executive summary

  • Achieved 40.5 million monthly active users by June 2025, meeting growth targets despite macroeconomic headwinds and billing challenges with telecom partners.

  • Focused on expanding subscription business, diversifying payment channels, and maintaining strict cost discipline.

  • Strategic partnerships and product innovation, including a Progressive Web App for diaspora markets, supported user and revenue growth.

Financial highlights

  • Revenue was DKK 11.0 million, down 8% year-over-year due to telecom billing issues and weaker ad markets.

  • EBITDA improved to DKK -5.5 million from DKK -6.4 million, including a DKK 0.4 million one-off provision.

  • Cash and cash equivalents at year-end were DKK 5.5 million, down from DKK 11.1 million.

  • Subscription revenue grew 18% year-over-year to DKK 8.7 million, while advertising revenue declined 51% to DKK 2.2 million.

Outlook and guidance

  • FY 2025/26 revenue guidance is DKK 12-15 million, with EBITDA expected to improve to DKK -2 to -3 million.

  • Cash position projected at DKK 1-2 million by end of FY 2025/26.

  • Management prioritizes resolving telco billing, diversifying payments, and tight cost control.

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Frequently asked questions

Mdundo.com A/S is a Denmark-based company that offers mobile web-based music services primarily targeting the sub-Saharan African market. The platform provides free downloads and streaming of songs through its website and Android app. Users can access music across various genres, including new releases, DJ mixes, playlists, and podcasts. The service is designed to accommodate low-end devices and unstable internet connections, making it accessible to a broad audience in the region. The company is headquartered in Charlottenlund, Denmark, and its shares are listed on the Copenhagen Stock Exchange.

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