Sunday, December 22, 2024

Multichoice Reviewed Interim Results Announcement

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Condensed consolidated Interim financial results for the year ended 30 September 2022

MultiChoice is a powerful business with incredible reach on the African continent. There are over 22 million households that enjoy a strong combination of live sport, regional content and international shows.

With growth in subscription revenue and some normalisation in advertising, revenue has grown considerably. There is pressure on earnings and cash flow though, as the company has invested heavily ahead of the 2022 FIFA World Cup. With the best broadcasting rights in 50 markets in Africa, that’s an investment that makes sense.

Refer to the results below for all the details:

multichoice-reviewed-interim-results-announcement

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