Airtel Money, the cellular cash enterprise working throughout 13 African markets, reported revenue of $830 million for the six months ended September 30, 2026, representing a 25.1% enhance year-on-year in fixed forex in its first monetary results since itemizing in London earlier this month.
Profit after tax rose by 21.6% to $228 million from $188 million in the corresponding interval a 12 months earlier, whereas revenue elevated by 34% in reported forex, in accordance to the corporate’s results launched on Monday, October 26, 2026.
The firm’s buyer base grew by 18.7% to 56.7 million, whereas its board declared an interim dividend of 6.4 US cents per share and reaffirmed its full-year steerage.
Payments and monetary companies drive revenue development
Airtel Money’s revenue development was supported by enlargement throughout its pockets companies, funds and transfers, and monetary companies companies.
- Financial companies revenue grew by 44.8% in fixed forex in the course of the half-year interval, whereas funds and transfers revenue elevated by 29.4%. Wallet companies revenue rose by 27.6%.
- The figures present rising contributions from funds and different monetary merchandise as Airtel Money expands past fundamental cellular pockets companies.
- Underlying earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA) elevated by 16.1% in fixed forex to $398 million. However, the underlying EBITDA margin fell to 48%, from 50.8% a 12 months earlier.
- The firm attributed the margin stress primarily to adjustments in intra-group agreements that took impact in July 2025. These adjustments affected the margin by 270 foundation factors, whereas an extra levy in the Democratic Republic of Congo contributed an extra 60 foundation factors of stress.
Airtel Money mentioned the affect of the revised agreements was extra concentrated in the primary half and expects the margin to strengthen in the second half of the monetary 12 months.
Customer base grows to 56.7 million
Airtel Money’s buyer base expanded by 18.7% year-on-year to 56.7 million, lifting cellular cash penetration amongst Airtel Africa’s telecommunications prospects to 42.9%, up 3.2 proportion factors from the earlier 12 months.
- Its app buyer base grew by 64.3% to 4.1 million, whereas the variety of brokers elevated by 26.3% to 2.4 million. The variety of retailers on the platform rose by 85.5% to greater than 587,000.
- Total processed transaction worth reached $128 billion in the course of the six-month interval, up 36.8% in fixed forex. In the second quarter, processed transaction worth reached $67 billion, equal to an annualised price of $270 billion, representing 36.4% development in fixed forex.
- Transaction worth per buyer rose by 14.9% in fixed forex to $397 monthly, whereas common revenue per consumer elevated by 5.1% in fixed forex.
The firm mentioned its technique contains increasing digital adoption, rising its distribution community and creating further companies similar to service provider funds, lending, insurance coverage, financial savings and wealth administration.
Airtel Money declares interim dividend
Airtel Money’s board declared an interim dividend of 6.4 US cents per share, equal to 81% of revenue attributable to the corporate’s house owners. The dividend is according to its coverage of concentrating on a minimal payout of 80% of attributable revenue.
The firm additionally reaffirmed its full-year revenue development steerage of the mid-20% vary in fixed forex for the 2027 monetary 12 months.
It expects underlying EBITDA margins to average by up to about two proportion factors relative to the 2026 monetary 12 months earlier than returning to above 50% over the medium time period.
Airtel Money’s development
Airtel Money’s maiden results as a listed firm come amid the enlargement of its cellular monetary companies enterprise and wider development in cellular cash adoption.
In September 2026, Nairametrics reported that Airtel Money had announced plans for its London Stock Exchange listing, highlighting the enterprise’s development prospects and its potential to attain extra prospects by way of Airtel Africa’s telecommunications community.
In May 2026, Nairametrics reported that Airtel Africa’s mobile money business generated $1.08 billion in revenue in the financial year ended March 2026, up from $770 million a 12 months earlier, illustrating its rising contribution to the group’s earnings.
