)

Safaricom (SCOM) investor relations material
Safaricom H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved strong double-digit growth in revenue and net income for FY25, with Kenya and Ethiopia operations performing within guidance despite currency headwinds in Ethiopia.
Completed Vision 2025 strategy and launched a new five-year plan aiming to be Africa's leading purpose-led tech company by 2030, focusing on technology transformation and customer experience.
M-Pesa continued to drive financial inclusion, now contributing 44.2% of revenue, with significant growth in merchant payments and new fintech products.
Ethiopia business showed strong commercial momentum, doubling active customers and contributing close to 10% of group revenue.
The Board proposed a final dividend, maintaining payout levels despite Ethiopia's startup losses and currency reforms.
Financial highlights
Group revenue rose 11.2% to KShs 388.7Bn; EBIT up 29.5% to KShs 104.1Bn; net income up 10.8% to KShs 69.8Bn (excluding minority interest).
Safaricom Kenya revenue grew 11.4% to KShs 381.2Bn; EBIT up 13% to KShs 158.1Bn; net income up 12.7% to KShs 95.5Bn.
Excluding currency reforms and hyperinflationary accounting, group revenue grew 12.9%, EBIT 16.2%, and net income 14.2%.
Free cash flow increased 15.7% year-over-year to KShs 76.1Bn; net debt to EBITDA ratio healthy at 0.31.
Dividend payout maintained at KShs 1.20 per share (KShs 48.08Bn total), consistent with prior years.
Outlook and guidance
FY26 group EBIT projected at KShs 144–150Bn, a 50% year-on-year increase, with Ethiopia expected to become accretive.
Kenya EBIT guidance: KShs 170–173Bn, representing 8.3–9.2% growth.
Ethiopia EBIT loss to reduce significantly to KShs 23–26Bn; CapEx in Ethiopia to halve as peak investment phase ends.
Ethiopia customer base targeted to reach 15–17 million 90-day active customers by FY26.
Strategic priorities include scaling tech solutions, accelerating Ethiopia profitability, and defending core market share.
Next Safaricom 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