# MTN Group Limited (MTNOY)

> Communication Services · ZA · Reports in ZAR

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/MTNOY/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | ZAR 117.77B | ZAR 7.34B | ZAR 18.77B | ZAR 143.43B | ZAR 129.54B |
| 2025 | ZAR 221.16B | ZAR 19.76B | ZAR 45.49B | ZAR 146.58B | ZAR 144.85B |
| 2024 | ZAR 188.00B | ZAR -9.59B | ZAR 15.14B | ZAR 155.74B | ZAR 123.45B |
| 2023 | ZAR 221.30B | ZAR 4.09B | ZAR 17.10B | ZAR 150.33B | ZAR 139.21B |
| 2022 | ZAR 207.04B | ZAR 19.04B | ZAR 21.55B | ZAR 140.33B | ZAR 116.60B |
| 2021 | ZAR 181.65B | ZAR 13.75B | ZAR 32.41B | ZAR 128.82B | ZAR 111.05B |
| 2020 | ZAR 179.46B | ZAR 17.02B | ZAR 26.78B | ZAR 145.73B | ZAR 102.87B |
| 2019 | ZAR 151.46B | ZAR 9.10B | ZAR 8.90B | ZAR 140.61B | ZAR 83.90B |
| 2018 | ZAR 134.56B | ZAR 8.72B | N/A | ZAR 85.62B | ZAR 84.80B |
| 2017 | ZAR 132.87B | ZAR 4.42B | N/A | ZAR 80.37B | ZAR 92.77B |
| 2016 | ZAR 147.92B | ZAR -2.61B | N/A | ZAR 87.63B | ZAR 102.38B |
| 2015 | ZAR 131.86B | ZAR 20.20B | N/A | ZAR 75.88B | ZAR 146.37B |
| 2014 | ZAR 146.93B | ZAR 32.08B | N/A | ZAR 53.28B | ZAR 128.52B |
| 2013 | ZAR 137.27B | ZAR 26.75B | N/A | ZAR 46.03B | ZAR 114.44B |
| 2012 | N/A | N/A | N/A | ZAR 32.53B | ZAR 89.01B |
| 2011 | ZAR 121.88B | ZAR 23.79B | N/A | ZAR 34.02B | ZAR 88.90B |
| 2010 | N/A | N/A | N/A | ZAR 35.33B | ZAR 71.86B |
| 2009 | ZAR 111.95B | ZAR 17.16B | N/A | ZAR 36.92B | ZAR 70.01B |
| 2008 | N/A | N/A | N/A | ZAR 41.59B | ZAR 76.39B |
| 2007 | N/A | N/A | N/A | ZAR 24.33B | ZAR 47.32B |
| 2006 | N/A | N/A | N/A | ZAR 29.54B | ZAR 38.70B |
| 2005 | N/A | N/A | N/A | ZAR 7.56B | ZAR 19.72B |
| 2004 | N/A | N/A | N/A | ZAR 3.82B | ZAR 19.85B |
| 2003 | N/A | N/A | N/A | ZAR 4.84B | ZAR 17.06B |
| 2002 | N/A | N/A | N/A | ZAR 5.78B | ZAR 15.92B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 1.11 |
| Liabilities / Eq | 2.47 |
| Current Ratio | 0.91 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 14.86 |
| Gross Debt / FCF | 5.40 |

## Other views

- [Metrics](https://sponda.capital/en/MTNOY.md)
- [Charts](https://sponda.capital/en/MTNOY/charts.md)
- [Compare](https://sponda.capital/en/MTNOY/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-30.