Airtel Uganda Limited posts 41% jump in profit as revenue crosses Shs2.2 trillion

Airtel Uganda has reported a strong financial performance for the year ended December 31, 2025, with net profit rising by 41 percent, driven by double-digit growth in revenue and sustained expansion in data and mobile money services.

According to the company’s audited financial results, revenue increased by 13 percent to Shs2.23 trillion, up from Shs1.98 trillion recorded in 2024. The growth reflects continued customer acquisition, higher data consumption and increased usage of digital financial services.

Profit surges

Profit after tax climbed to Shs446.9 billion, compared to Shs316.7 billion the previous year. Operating profit rose 35 percent to Shs849.2 billion, up from Shs629.1 billion in 2024, underscoring improved operational efficiency despite rising costs.

However, finance costs increased to Shs222.9 billion from Shs192.4 billion, largely due to borrowing and lease-related obligations.

Basic and diluted earnings per share improved to Shs11.2, up from Shs7.9 a year earlier.

Strong cash generation

The telecom firm generated Shs1.01 trillion in net cash from operating activities, an increase from Shs879.9 billion in 2024, strengthening its liquidity position and supporting continued investment in network infrastructure.

Net cash used in investing activities stood at Shs238.8 billion, reflecting ongoing capital expenditure in property, plant, equipment and network expansion.

Balance sheet expansion

Total assets grew to Shs2.74 trillion, up from Shs2.61 trillion in 2024. Total liabilities rose modestly to Shs2.55 trillion, compared to Shs2.46 trillion previously.

Shareholders’ equity improved to Shs187.4 billion, up from Shs142.5 billion, supported by higher retained earnings of Shs145.3 billion.

Dividend payout

Directors have recommended a final dividend of Shs3.55 per share, subject to shareholder approval. The dividend will be paid to shareholders on the company register as of April 8, 2026.