Airtel Money, the
African mobile money service that listed in London this month,
reported revenue of $830 million for the six months to
end-September, up 25.1% from a year earlier in constant
currency, in its maiden results on Monday.
* Profit after tax of $228 million rose from $188 million,
primarily reflecting the strong revenue growth over the
first-half period
* Customers grew by 18.7% to 56.7 million, driving mobile
money penetration of Airtel Africa’s telco customer base to
42.9%, up 3.2 percentage points
* Average revenue per user grew by 5.1% in constant
currency, reflecting an increase in transaction value per
customer to $397 per month, an increase of 14.9%
* Will pay interim dividend of 6.4 cents per share,
reiterates full-year guidance
* Chief Executive Ian Basil Ferrao said: “Our oversubscribed
London listing was a landmark achievement for Airtel Money and a
vote of confidence in our business model and strategy”
* Shares in Airtel Money closed at 179 pence on Friday,
below their offer price of 196 pence for its market debut on
October 9.
(Reporting by Paul Sandle; Editing by Susan Fenton)
Published on October 26, 2026
