Vodacom Annual Results
Financial services | Continuing to scale our fintech platform
61 million
100% basis (including Safaricom)
Strong
underlying growth
$324.6bn
Proportionate basis (excl. minorities, incl associates)1
R11.2bn/$0.8bn
financial services revenue
R4.4bn/$0.3bn
financial services PBT
financial services customers
in financial services revenue
M-Pesa transaction value
■SA IB M-Pesa SF M-Pesa
■SA IB M-Pesa SF M-Pesa
■M-Pesa (IB + SF)
■SA IB M-Pesa SF M-Pesa
■SA ■M-Pesa (IB + SF)
14.5
30.5
28.3
12.3
5.0
4.3
324.
6
3.5
16.1
16.5
251.
1
3.3
4.5
5.0
13.3
13.5
2.4
2.7
2.4
2.7
FY21
FY22
FY21
FY22
FY21
FY22
FY21
FY22
million
R billion
US$ billion
R billion
VOD 14.4%* growth
47% penetration
29.2% growth
13% of service revenue
SF 30.3% growth
%
17% of Group
c.40% PBT margin
1. M-Pesa Safaricom not reported. PBT margin based on International M-Pesa margin profile. Actual results may differ from this illustration
* Normalised growth presents performance on a comparable basis. This adjusts for trading foreign exchange, foreign currency fluctuation on a constant currency basis (using the current period as base) to show a like-for-like comparison of results
SA = South Africa; IB = International; SF = Safaricom
Vodacom annual results | March 2022
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