AFRICA MOBILE NETWORKS LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +10.7%

  £17,573,447 → £19,453,540

• Cash

  +23.3%

  £4,949,540 → £6,101,518

• Net assets

  -14.2%

  £36,490,244 → £31,298,497

  lowest in 4 filed years

• Employees

  +8.4%

  203 → 220

  highest in 4 filed years

• Operating profit

  +25%

  -£2,849,667 → -£2,137,251

• Profit before tax

  +8.1%

  -£3,759,438 → -£3,455,184

• Wages

  +1.7%

  £3,728,788 → £3,790,835

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis which assumes that the group and company will continue in operational existence for the foreseeable future. On this basis, the Directors consider it appropriate to prepare financial statements on a going concern basis.”

Group structure

1. AFRICA MOBILE NETWORKS LIMITED · parent
   1. Africa Mobile Networks Cameroon SARLU 100% · Cameroon
   2. Africa Mobile Networks Benin SARL 100% · Benin
   3. Africa Mobile Networks Cote D'Ivoire SARL 100% · Abidjan
   4. Africa Mobile Networks DRC SARLU 100% · Kinshasa
   5. Africa Mobile Networks Communication Ltd 100% · Abuja, FCT, Nigeria
   6. Africa Mobile Networks Guinee SRLU 100% · Conakry (Guinee)
   7. Africa Mobile Networks Zambia Limited 100% · Lusaka, Zambia
   8. Africa Mobile Networks Liberia Inc. 100% · Monrovia, Liberia
   9. Africa Mobile Networks Services Co. Ltd 100% · Sudan
   10. Africa Mobile Networks GB SARL 100% · GUINE-BISSAU
   11. Africa Mobile Networks (SS) Limited 100% · South Sudan
   12. Africa Mobile Networks Congo SARLU 100% · Pointe Noire
   13. Africa Mobile Network Ghana Limited 100% · Madina-Accra
   14. Range Networks Inc 100% · Santa Clara, CA 95050, USA
   15. Africa Mobile Networks Rwanda 100% · Kigali Rwanda
   16. Africa Mobile Networks Panama 100% · Panama City, Province of Panama, Panama
   17. Africa Mobile Networks Madagascar SARLU 100% · Antanambao-Nord, Madagascar

Significant events

• “Following a strong third quarter performance the business was then hit with a major satellite outage following the failure and loss of Intelsat's IS33e GEO satellite in October which resulted in 750 sites being offline in Cameroon, DRC and Zambia for several months in the last quarter.”
• “In the second half of the year the company took the decision to cease activities and switch off sites in countries where there was no active contract and where the operations were not contributing to profitability.”
• “In April 2024 the third and final disbursement of $5m was drawn down under the Debt facility taking the total borrowing under the facility to $20m and this enabled the company to maintain its tower deployment and rollout programme throughout the year which will continue into 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.