Airtel Money has reported revenue of $830 million for the six months ended 30 September 2026 in its first financial results, offering an early measure of the operating growth behind the listing on the London Stock Exchange earlier this month.
The revenue rose 34% year-on-year in reported currency and 25.1% in constant currency, while profit after tax increased 21.6% to $228 million, according to results released on 26 October. The company’s customer base grew 18.7% to 56.7 million across its African markets.
The results follow Airtel Money’s admission to the London Stock Exchange’s Main Market on 14 October, when its shares began unconditional trading under the ticker AMC. The listing valued the mobile money business at approximately £5.3 billion ($7 billion). TechDisrupt previously examined the listing and what it means for African fintech.
Airtel Money’s operating figures also point to growing use of its digital financial services. Its app customer base increased 64.3% to 4.1 million, while its network expanded to 2.4 million active agents and more than 587,000 merchants. Total processed transaction value reached $128 billion during the six-month period, up 36.8% in constant currency.
The company generated $408 million from wallet services and $360 million from payments and transfers. It is also expanding its financial services offering, which includes products such as savings, lending and insurance.
Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) rose 16.1% in constant currency to $398 million. However, the underlying EBITDA margin narrowed to 48%, from 50.8% a year earlier. Airtel Money attributed the pressure partly to changes in intra-group agreements, adding that it expects margins to strengthen in the second half of the financial year.
The company reaffirmed its guidance for revenue growth in the mid-20% range in constant currency for the 2027 financial year. Its board also declared an interim dividend of 6.4 US cents per share, payable on 4 December 2026.
Airtel Money operates across 13 African markets, providing mobile payments, transfers and other financial services through its digital platform and agent network. Its first results as a listed company give investors an initial view of the business’s performance following its separation into a publicly traded investment opportunity.
