Overview
MTN Group is Africa's largest mobile network operator that provides voice, data, fintech, digital, enterprise, wholesale, and API services to approximately 295 million subscribers across about 20 markets. Established in 1994, the company has grown by investing in sophisticated communication infrastructure, developing new technologies, and by harnessing the talent of its diverse people to now offer services to communities across Africa. The company
...
Read More partners with financial services companies to offer mobile banking services and money transfer services for clients without bank accounts. The majority of its revenue was generated in Nigeria.
Read Less
Read More partners with financial services companies to offer mobile banking services and money transfer services for clients without bank accounts. The majority of its revenue was generated in Nigeria.
Read Less
Management of Companies and Enterprises
,
All Other Telecommunications
,
Holding companies, nec
,
Communication services, nec
?
?
Actual
$10.32 billion
Actual
-14.95%
$430,960
DEC
?
Johannesburg:MTN
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$10.32 billion
USD
Actual
1 USD = 18.2113 ZAR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $2,571 | $3,517 | $3,741 |
| Net Investing Cash | -$1,831 | -$2,869 | -$2,385 |
| Net Financing Cash | -$890 | -$521 | -$956 |
| Net Change in Cash | -$150 | $127 | $399 |
| Cash at Beginning of Period | $2,007 | $2,396 | $2,143 |
| Cash at End of Period | $1,596 | $2,007 | $2,396 |
| Capital Expenditure | -$1,739 | -$2,570 | -$2,516 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $1,664 | $2,062 | $2,435 |
| Accounts Receivable | $1,042 | $965 | $864 |
| Inventories | $67 | $81 | $105 |
| Other Current Assets | $5,039 | $4,462 | $3,965 |
| Asset Summary | |||
| Total Current Assets | $7,812 | $7,569 | $7,369 |
| Tangible Fixed Assets | $9,215 | $9,014 | $8,319 |
| Intangible Assets | $2,069 | $2,281 | $2,110 |
| Total Assets | $430,960 | $434,714 | $385,351 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $973 | $973 | $920 |
| Short-Term Debt | $761 | $1,599 | $890 |
| Other Current Liabilities | $6,458 | $6,039 | $5,879 |
| Liability Summary | |||
| Total Current Liabilities | $8,193 | $8,610 | $7,689 |
| Long-Term Debt | $3,665 | $3,071 | $3,612 |
| Other Long-Term Liabilities | $ | $ | $4 |
| Total Liabilities | $16,062 | $15,624 | $14,591 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $ | $ | $ |
| Retained Earnings | $4,363 | $5,290 | $5,123 |
| Equity Summary | |||
| Total Equity | $6,778 | $7,644 | $6,287 |
| Shares Outstanding | 1,806,618,827 | 1,806,474,797 | 1,806,114,844 |