Airtel Money, the cell 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 foreign money 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 foreign money, 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 steering.
Payments and monetary providers drive revenue development
Airtel Money’s revenue development was supported by growth throughout its pockets providers, funds and transfers, and monetary providers companies.
- Financial providers revenue grew by 44.8% in fixed foreign money in the course of the half-year interval, whereas funds and transfers revenue elevated by 29.4%. Wallet providers revenue rose by 27.6%.
- The figures present rising contributions from funds and different monetary merchandise as Airtel Money expands past primary cell pockets providers.
- Underlying earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA) elevated by 16.1% in fixed foreign money 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 a further 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 cell 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 foreign money. In the second quarter, processed transaction worth reached $67 billion, equal to an annualised charge of $270 billion, representing 36.4% development in fixed foreign money.
- Transaction worth per buyer rose by 14.9% in fixed foreign money to $397 per 30 days, whereas common revenue per person elevated by 5.1% in fixed foreign money.
The firm mentioned its technique consists of increasing digital adoption, rising its distribution community and growing extra providers akin 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 per its coverage of concentrating on a minimal payout of 80% of attributable revenue.
The firm additionally reaffirmed its full-year revenue development steering of the mid-20% vary in fixed foreign money for the 2027 monetary 12 months.
It expects underlying EBITDA margins to reasonable 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 growth of its cell monetary providers enterprise and wider development in cell 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 means 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.
