MTNGH - MTN Ghana
Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017. MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | 0.66 | Earnings Per Share: | 0.0820 |
| Day's Low Price: | -- | Price/Earning Ratio: | 8.29 |
| Day's High Price: | -- | Dividend Per Share: | 0.05 |
| Traded Volume: | 300 | Dividend Yield: | 7.35% |
| Number of Deals: | -- | Shares Outstanding: | 12.29b |
| Value/Turnover: | 204.00 | Market Capitalization: | 8.36b |
MTNGH Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +0.00% | +0.00% | -2.86% | -2.86% | -4.23% | -2.86% |
The stock of MTN Ghana (MTNGH) is currently trading at 0.68 GHS per share on the Ghana Stock Exchange. MTNGH began the year with a share price of 0.70 GHS but has since lost 2.86% off that price valuation, ranking it 29th on the GSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2020-04-03 | 300 | 0.68 | +0.02 | 3.03% |
| 2020-04-02 | 81,000 | 0.66 | -0.02 | 2.94% |
| 2020-03-31 | 44,200 | 0.68 | -- | -- |
| 2020-03-30 | 20,000 | 0.68 | -- | -- |
| 2020-03-26 | 18,100 | 0.68 | -- | -- |
| 2020-03-23 | 16,609 | 0.68 | -- | -- |
| 2020-03-20 | 494,050 | 0.68 | -- | -- |
| 2020-03-19 | 11,200 | 0.68 | -- | -- |
| 2020-03-18 | 340,300 | 0.68 | -0.01 | 1.45% |
| 2020-03-17 | 1,500 | 0.69 | -- | -- |
Profile of Scancom Plc
Below is an abridged, consolidated report of the latest annual financial statements for Scancom Plc. The company’s financial year runs from January 1 to December 31. The reporting currency for the monetary data presented herein is the Ghana Cedi (GHS). All amounts are expressed in millions with the exception of per share items.
| Financials | 2017/FY | 2016/FY | 2015/FY | 2014/FY | 2013/FY |
|---|---|---|---|---|---|
| Income Statement | |||||
| Total Revenue | 3,419.75 | 2,773.22 | 2,315.67 | 1,993.41 | 1,752.61 |
| Cost of Revenue | -1,185.20 | -931.85 | -960.43 | -763.45 | -599.16 |
| Gross Profit | 2,234.55 | 1,841.37 | 1,355.24 | 1,229.96 | 1,153.45 |
| Operating Expense | -902.33 | -708.34 | -414.65 | -404.50 | -496.20 |
| Other Op. Income | -341.23 | -258.37 | -282.62 | -279.52 | -149.43 |
| Non-Operating Income | -21.96 | -54.19 | -34.97 | -37.11 | -9.84 |
| Income Tax | -254.27 | -277.95 | -192.21 | -152.20 | -136.59 |
| Net Income | 714.77 | 542.51 | 430.79 | 356.62 | 361.38 |
| Balance Sheet | |||||
| Total Assets | 3,448.45 | 2,756.20 | 2,323.80 | 2,116.36 | 1,855.01 |
| Total Liabilities | 1,579.81 | 1,132.33 | 1,135.44 | 1,083.79 | 928.07 |
| Total Equity | 1,868.64 | 1,623.87 | 1,188.36 | 1,032.57 | 926.95 |
| Equity & Liabilities | 3,448.45 | 2,756.20 | 2,323.80 | 2,116.36 | 1,855.01 |
| Cash Flow Statement | |||||
| Operating Activities | 391.32 | 859.69 | 437.83 | 254.37 | 296.32 |
| Investing Activities | -512.80 | -862.72 | -508.76 | -318.83 | -346.17 |
| Financing Activities | 185.93 | -132.60 | 86.04 | -7.74 | 105.72 |
| Net Cash Flow | 64.44 | -135.63 | 15.11 | -72.20 | 55.87 |
| Cash & Cash Equiv. | 196.73 | 151.67 | 284.28 | 242.43 | 291.12 |
Scancom Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. The company is led by Ebenezer Twum Asante (52) as its Chief Executive Officer, since 2015. The company's board of directors, chaired by Ishmael Yamson (77), is composed of eight members whose names are listed below.
- Yamson, Ishmael
Chairman - Asante, Ebenezer Twum
Chief Executive Officer - Kadri, Modupe Agbolade
Chief Financial Officer - Abeasi, Kwasi
Non-Executive Director - Perumal, Sugentharen
Non-Executive Director - Mupita, Ralph
Non-Executive Director - Jakoet, Fatima
Non-Executive Director - Pomes, Albert Fernandez
Non-Executive Director
| Factsheet of Scancom Plc | |
|---|---|
| Sector: Telecommunications | Industry: Mobile Telecommunications |
| Address: MTN House, Independence Avenue, West Ridge, Accra, Ghana | |
| Telephone: +233-24-430-0000, +233-24-100-62279 | |
| Email: customercare@mtn.com.gh | Website: mtn.com.gh |
