IHS Holding Limited (IHS) Q4 Revenue Tops Consensus
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IHS Holding Limited Reports Fourth Quarter and Full Year 2022 Financial Results
March 28, 2023 7:17 AM EDTCONSOLIDATED HIGHLIGHTS FOURTH QUARTER 2022
Revenue of $526.2 million increased 26.6% (or 23.5% organically) Adjusted EBITDA of $272.7 million (51.8% Adjusted EBITDA Margin) increased 25.9% Loss for the period was $273.6 million Cash from operations was $289.3 million Recurring Levered Free Cash Flow (RLFCF) was $97.3 million Total Capex was $195.6 million During the quarter, we announced our Carbon Reduction Roadmap and entered into a $600.0 million three-year bullet-term loan. In addition, in 1Q23 certain of our Nigerian subsidiaries entered into an up to NGN 165.0 billion (approximately $357.5 million) five-year term loan and an up to NGN 55.0 billion (approximately $119.2 million) three-year revolving credit... More