Loading...
•
Dec 31, 2024
IHS Q4 2024 Earnings Report
IHS reported its Q4 2024 earnings with lower revenue year-over-year but posted a strong profit due to foreign exchange gains and strategic cost management.
Key Takeaways
In Q4 2024, IHS Holding generated $437.8 million in revenue, down 14.1% year-over-year due to currency headwinds, but increased 4.2% quarter-over-quarter. The company reported a net income of $243.1 million, reversing last year’s loss, driven by unrealized foreign exchange gains and a gain from the Kuwait subsidiary disposal. Adjusted EBITDA reached $246.4 million with a margin of 56.3%.
Revenue decreased 14.1% YoY to $437.8 million, impacted by Nigerian Naira devaluation.
Net income turned positive at $243.1 million, supported by $169.9 million in FX gains.
Adjusted EBITDA was $246.4 million with a margin of 56.3%.
Free cash flow (ALFCF) reached $107.1 million, with $348.8 million in cash from operations.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
IHS anticipates continued growth across its markets in 2025, with a focus on expanding infrastructure, enhancing profitability, and deleveraging the balance sheet.
Positive Outlook
- Revenue guidance between $1.68 billion and $1.71 billion for FY25.
- Adjusted EBITDA guidance between $960 million and $980 million.
- Targeted free cash flow (ALFCF) between $350 million and $370 million.
- Capex focus in the range of $260 million to $290 million.
- Continued strategic disposals to strengthen balance sheet.
Challenges Ahead
- Ongoing foreign exchange volatility risk, especially in Nigeria.
- Macroeconomic challenges in emerging markets could impact growth.
- Reduced revenues from certain power pass-through agreements.
- Higher financing costs from recent debt issuances.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...