The Botswana Stock Exchange-listed company reported a 30% surge in PBT from P200 million in the previous year to P259 million, underscoring improved operational efficiency despite pressure on margins. BTCL’s total revenue for its audited results for the year ended March, 31, 2025 rose by four percent year-on-year, to reach P1.49 billion compared to the P1.44 billion recorded in the prior period. Directors attributed the uptick to steady demand for its data and broadband offerings, as the company continues to transition towards more digital and enterprise-focused services. At the same time, the group managed to reduce its cost of services and goods sold by five percent from P637 million to P603 million, an indication of effective cost containment strategies and improved supplier management.
The company’s executives attributed the growth in top-line to increase in uptake of mobile data services and investment in fibre network expansion. “Revenue grew by four percent driven by continued uptake in fixed and mobile data services supported by investments in high-speed fibre networks and expansion of the mobile data infrastructure,” stated executive in a statement accompanying the results. It is, however, not rosy for the company as its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin--a key profitability measure-- narrowed slightly from 32.5% to 30.1%, suggesting some increase in operational expenses and network-related investments. Despite this, BTCL’s commitment to future growth is evident in its aggressive capital expenditure stance. The company ramped up its capital investment programme, with Capex, short for capital expenditure, to revenue increasing from 14.3% to 20.2%.
