Scancom PLC (MTN Ghana) recorded a 55.9 per cent increase in profit after tax to GHS7.8 billion for the 2025 financial year, rising from GHS5.03 billion the previous year, according to the company’s audited full-year results.
Earnings per share grew by the same margin to GHS0.5923, while the company remitted GHS10.5 billion in direct and indirect taxes to the state, up from GHS8.6 billion in 2024.
Service revenue climbed 36.2 per cent year-on-year to GHS24.4 billion, underpinned by growth in data and Mobile Money services. Active Mobile Money users rose 12.3 per cent to 19.3 million, and total mobile subscribers grew 9.2 per cent to 31.2 million.
EBITDA expanded by 43.5 per cent to GHS14.7 billion, with the EBITDA margin widening by three percentage points to 60.1 per cent — a result the company attributed to operating leverage and cost discipline.
The Board has recommended a final dividend of GHS0.40 per share, compared with GHS0.24 in 2024, pending shareholder approval at the upcoming Annual General Meeting. Payment is expected in April 2026.
Total capital expenditure for 2025 stood at GHS6.4 billion, including GHS4.6 billion in ex-lease capex, directed at network expansion, capacity upgrades, IT modernisation and digital platform development.
For 2026, MTN Ghana projects continued growth on the back of an improving macroeconomic environment, maintaining medium-term service revenue growth guidance in the mid-to-upper thirties per cent range, EBITDA margins in the mid-to-upper fifties per cent, and a dividend payout ratio of between 60 and 80 per cent.
MTN Group President and CEO Ralph Mupita, speaking during a working visit to Ghana, announced that the company would commit US$1.1 billion in capital expenditure between 2026 and 2028, with focus on capacity expansion, 5G rollout and digital services, describing Ghana as a strategic growth market for the Group.