Also trades as: VDMCY (OTC) · $vol 0M · VODAF (OTC) · $vol 0M

R15,086.00 ($9.06)

+301.00 (+2.04%)

Weekly Expected Move ±3.1%

R14277 R14743 R15209 R15675 R16141

JNB · Communication Services · Telecommunications Services · Tech Score Neutral · Power 48 · R293.8B mcap · 551M float · 0.351% daily turnover

Revenue

$166.1B +9.1% ▲

5Y CAGR: +11.1%

Gross Profit

$66.5B -28.4% ▼

5Y CAGR: +1.4%

Operating Income

$39.4B +10.2% ▲

5Y CAGR: +7.4%

Net Income

$20.6B +24.4% ▲

5Y CAGR: +4.5%

EPS (Diluted)

$10.39 +23.0% ▲

5Y CAGR: +1.7%

EBITDA

$63.7B +8.4% ▲

5Y CAGR: +8.1%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$102.7B	$119.2B	$150.6B	$152.2B	$166.1B
YoY Growth	+4.5%	+16.0%	+26.4%	+1.1%	+9.1%
Cost of Revenue	$38.6B	$45.9B	$67.8B	$59.3B	$99.6B
Gross Profit	$64.1B	$73.2B	$82.8B	$92.9B	$66.5B
Gross Margin	62.4%	61.4%	55.0%	61.0%	40.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.9B	$1.9B	$2.2B	$1.9B	$2.3B
Operating Expenses	$38.2B	$45.7B	$47.4B	$57.1B	$27.1B
Operating Income	$28.2B	$29.3B	$35.3B	$35.8B	$39.4B
Operating Margin	27.5%	24.5%	23.5%	23.5%	23.7%
Interest Expense	$4.2B	$5.6B	$8.2B	$8.1B	$8.3B
Income Before Tax	$24.6B	$25.0B	$28.1B	$28.8B	$37.2B
Tax Expense	$6.8B	$6.9B	$8.9B	$8.9B	$10.4B
Net Income	$17.2B	$16.8B	$16.3B	$16.6B	$20.6B
Net Margin	16.7%	14.1%	10.8%	10.9%	12.4%
EPS (Diluted)	$9.84	$9.21	$8.27	$8.45	$10.39
EBITDA	$43.4B	$48.5B	$59.1B	$58.8B	$63.7B
Shares Outstanding	1.74B	1.82B	1.97B	1.97B	1.99B

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$53.4B	$65.2B	$72.1B	$77.8B	$73.5B	$78.7B	$80.6B	$85.5B
Cost of Revenue	$32.8B	$38.9B	$44.6B	$34.4B	$33.5B	$36.3B	$48.0B	$51.6B
Gross Profit	$20.7B	$26.3B	$27.5B	$43.4B	$40.0B	$42.4B	$32.6B	$33.9B
Gross Margin	38.6%	40.4%	38.1%	55.8%	54.4%	53.9%	40.5%	39.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$9.1B	$11.8B	$12.3B	$29.3B	$971M	$943M	$15.4B	$13.0B
Operating Expenses	$9.1B	$11.8B	$12.3B	$25.1B	$23.9B	$22.8B	$15.4B	$13.0B
Operating Income	$11.5B	$14.5B	$15.2B	$18.3B	$16.1B	$19.7B	$17.3B	$20.9B
Operating Margin	21.6%	22.3%	21.1%	23.6%	21.9%	25.0%	21.4%	24.4%
Interest Expense	$2.4B	$3.2B	$3.9B	$8.5B	$4.1B	$4.0B	$4.1B	$4.2B
Income Before Tax	$9.6B	$12.8B	$12.8B	$14.0B	$11.9B	$16.0B	$17.0B	$20.2B
Tax Expense	$3.0B	$3.9B	$4.1B	$4.7B	$4.9B	$4.0B	$4.8B	$5.6B
Net Income	$7.7B	$9.0B	$8.4B	$7.9B	$6.8B	$9.8B	$9.1B	$11.5B
Net Margin	14.5%	13.9%	11.6%	10.2%	9.3%	12.4%	11.3%	13.5%
EPS (Diluted)	$4.44	$4.78	$4.25	$4.02	$3.49	$4.96	$4.59	$5.55
EBITDA	$20.2B	$25.7B	$27.9B	$29.1B	$26.2B	$28.8B	$31.3B	$33.1B
Shares Outstanding	1.75B	1.89B	1.97B	1.97B	1.96B	1.97B	1.98B	2.08B

VOD.JO JNB