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MTNN

MTN Nigeria Communications Plc · ICT · Premium Board

Share prices are paused. Company financials, news and lessons remain available.

Peers in ICT

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Five-year financials — figures in ₦ billions, per-share lines in ₦

1,654
2021
2,012
2022
2,469
2023
3,361
2024
5,204
2025

In plain words: in 2021, customers paid MTNN about ₦1.7 trillion. By 2025 that had grown to ₦5.2 trillion — roughly 3 times bigger. And the cash paid out yearly on each single share grew from ₦13.12 to ₦20.00.

  • RevenueAll the money customers paid the company in the year.5,204
  • Profit before taxWhat was left after the costs of running the business, before tax.1,696
  • Profit after taxWhat remained for the owners after every cost, including tax.1,113
  • Earnings per share (₦)Profit after tax divided by the number of shares: the part of the profit belonging to one share.53.07
  • Dividend per share (₦)The cash the company paid out for each share, as declared for the year.20.00
  • Free cash flowCash left after running the business and paying for new equipment and buildings.1,663
  • Total assetsEverything the company owns: buildings, machines, cash, stock and money owed to it.5,403
  • Shareholders' fundsWhat would belong to the owners if every debt were paid today. Below zero means the debts are larger than everything the company owns.549

💪 Return on equity

202.8%

Profit after tax divided by shareholders' funds, as a percentage. Shown as n/m when shareholders' funds are zero or below.

🧮 Net margin

21.4%

Profit after tax as a percentage of revenue.

🎁 Payout ratio

38%

Dividend per share as a percentage of earnings per share: the share of profit paid out as cash.

📊 Revenue growth /yr

33.2%

The steady yearly rate that would take the first year's revenue to the last year's. A dash when any year in between was a loss or is missing.

🧾 Profit growth /yr

—

The steady yearly rate that would take the first year's profit to the last year's. A dash when any year in between was a loss or is missing.

A return on equity above 100% is a sign of a very thin equity base, not of a super-profitable company: shareholders’ funds are only ₦549 billion — about 10% of the ₦5.4 trillion of assets, usually because earlier losses ate most of them. Judge the profit by the net margin, and the balance sheet by the shareholders’ funds line.

📖 What do these lines mean? — in plain words
Revenue — All the money customers paid the company in the year.
Profit before tax — What was left after the costs of running the business, before tax.
Profit after tax — What remained for the owners after every cost, including tax.
Earnings per share — Profit after tax divided by the number of shares: the part of the profit belonging to one share.
Dividend per share — The cash the company paid out for each share, as declared for the year.
Free cash flow — Cash left after running the business and paying for new equipment and buildings.
Total assets — Everything the company owns: buildings, machines, cash, stock and money owed to it.
Shareholders' funds — What would belong to the owners if every debt were paid today. Below zero means the debts are larger than everything the company owns.
Return on equity — Profit after tax divided by shareholders' funds, as a percentage. Shown as n/m when shareholders' funds are zero or below.
Net margin — Profit after tax as a percentage of revenue.
Payout ratio — Dividend per share as a percentage of earnings per share: the share of profit paid out as cash.
Revenue growth per year — The steady yearly rate that would take the first year's revenue to the last year's. A dash when any year in between was a loss or is missing.
Profit growth per year — The steady yearly rate that would take the first year's profit to the last year's. A dash when any year in between was a loss or is missing.

Company figures are compiled from published financial statements through a third-party data source. Check the company's own annual report before relying on them. Latest source. Ratios are our arithmetic on those figures. Profit is an opinion; cash is a fact — that is why free cash flow is here.

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How to know a stock — the checklist

Read the last five annual reports: is revenue growing, is profit real, are dividends paid from earnings? Learn who runs the company and how long they have stayed. Understand what the company sells and who pays for it — if you cannot explain that in one sentence, keep reading before you buy. And check how often the stock actually trades: thin volume means your exit may be slow.

This page shows facts and teaches method. It never rates a stock and never tells you what to buy — that decision, made with open eyes, is yours. Education, not investment advice.