Mdundo.com (MDUNDO) Q1 25/26 earnings summary

Executive summary

• Monthly active users reached 41.8 million in September 2025, up 11% year-over-year.

• Expanded local payment options and launched a music gaming experience in Uganda.

• Bi-annual royalty payout completed, reinforcing brand trust and artist empowerment across 20+ African countries.

Financial highlights

• Revenue guidance for FY 2025/26 set at DKK 12–15 million, up from DKK 11.0 million in FY 2024/25.

• EBITDA guidance improved to DKK -2 to -3 million from DKK -5.5 million in the previous year.

• Cash position expected at DKK 1-2 million, compared to DKK 4.7 million last year.

Outlook and guidance

• Management expects subscription revenue to be the strongest performing segment for FY 2025/26.

• Monthly active users projected to reach 45 million by year-end, up from 40.5 million last year.

• Focus on expanding subscription revenues, optimising costs, and building a leaner organisation.