)

MTN Nigeria Communications (MTNN) investor relations material
MTN Nigeria Communications Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Service revenue surged 54.6% year-over-year to N2.4 trillion, driven by price adjustments, resilient demand, and disciplined execution.
EBITDA increased 119.5% to N1.2 trillion, with margin expanding to 50.6% due to cost efficiencies and strong operating leverage.
PAT reached N414.9 billion, a turnaround from a loss of N519.1 billion in H1 2024, underpinned by strategic execution and improved macroeconomic conditions.
Accelerated investments aimed at enhancing service quality and capturing growth opportunities, with capex (ex-leases) up 288.4% to N565.7 billion.
On track to restore positive retained earnings and shareholders' equity by Q3 2025.
Financial highlights
Service revenue: N2.36 trillion, up 54.6% year-over-year; data revenue up 69.2%, voice up 40.3%, fintech up 71.8%.
EBITDA: N1.2 trillion, up 119.5% year-over-year; EBITDA margin at 50.6%, up 15.0pp.
PAT: N414.9 billion, compared to a loss of N519.1 billion in H1 2024; EPS of N19.8 kobo versus negative N24.7 kobo.
Capex (excluding leases): N565.7 billion, up 288.4%; total capex: N986.1 billion, up 208.2%.
Free cash flow: N409.8 billion, up 18.0% year-over-year.
Outlook and guidance
FY 2025 service revenue and EBITDA margin expected to grow at least low-50%; medium-term (FY26-28) at least low-20% for revenue and 53-55% margin.
Capex intensity to remain in the 'upper teens' for FY 2025, moderating over the medium term.
On track to restore balance sheet to a positive net asset position by end of Q3 2025.
Next MTN Nigeria Communications earnings date

Next MTN Nigeria Communications earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage