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Multichoice Group (MCOIF)
:MCOIF
Earnings Data
Report Date
Jun 11, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.33Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 6.56%
|Next Earnings Date:Jun 11, 2025
Earnings Call Sentiment|Negative
The earnings call highlights MultiChoice's achievements in cost savings and the growth of new ventures like KingMakers and Showmax. However, these positive aspects are overshadowed by significant challenges, including severe foreign exchange impacts, subscriber declines, and increased losses from Showmax. The company's financial performance was notably affected by currency weaknesses, leading to a cautious outlook.Company Guidance
During the MultiChoice Group's Financial Year 2025 Interim Results Call, guidance was provided on several key metrics. The group highlighted a significant ZAR1.3 billion in permanent cost savings as part of their strategy to adapt to challenging economic conditions. Despite a 5% decline in subscriber base due to economic pressures, they managed to grow new revenue streams, notably through their investment in Showmax, which saw a 50% year-on-year increase in active subscribers. The company faced severe currency headwinds, particularly in Nigeria, impacting their trading profit by ZAR2.3 billion. Nonetheless, they maintained more than ZAR10 billion in total liquidity and are optimistic about resolving their negative equity position by November. Looking ahead, MultiChoice aims to achieve further cost savings of ZAR2.5 billion for the full fiscal year and maintain a trading profit margin in the mid-20s for their South African operations.Achievement in Cost Savings
MultiChoice accelerated its cost savings program, achieving permanent savings of ZAR1.3 billion, with a target to save at least ZAR2.5 billion for the fiscal year 2025.
Strong Performance in New Ventures
KingMakers increased monthly active users in Nigeria by 49% and naira revenues by 86% over two years. Moment achieved gross profit within 12 months and increased its business value six-fold since the initial investment.
Streaming and Partnerships Success
Showmax grew active paying subscribers by 30% since relaunch and 50% year-on-year, excluding discontinued offerings, with successful partnerships like the one with Safaricom.
SuperSport Achievements
SuperSport broadcast over 10,000 live sports events, a 10% year-on-year increase, and achieved a 20% increase in unique viewers during the Paris 2024 Olympics compared to Tokyo 2020.
MCOIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MCOIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 12, 2024 | $6.10 | $6.06 | -0.66% |
Jun 12, 2024 | $5.80 | $5.82 | +0.34% |
Nov 15, 2023 | $3.67 | $3.70 | +0.82% |
Jun 13, 2023 | $5.14 | $5.00 | -2.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Multichoice Group (MCOIF) report earnings?
Multichoice Group (MCOIF) is schdueled to report earning on Jun 11, 2025, TBA Not Confirmed.
What is Multichoice Group (MCOIF) earnings time?
Multichoice Group (MCOIF) earnings time is at Jun 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MCOIF EPS forecast?
Currently, no data Available