Paratus: more revenue, less profit as mobile rollout kicks in

Paratus Namibia Holdings Ltd (PNH) has issued a trading statement to the Namibia Securities Exchange (NSX) for the six months ended 31 December 2025, flagging materially higher revenue but substantially lower earnings per share against the 31 December 2024 comparative period.

Revenue is expected to rise between 10% and 30%, implying a range of approximately N$360 million to N$425 million based on the N$327.3 million recorded in the comparative period. Both headline earnings per ordinary share (HEPS) and basic earnings per ordinary share (BEPS) are anticipated to fall by more than 30%.

Paratus attributed the earnings pressure to higher operating expenditure tied to its mobile business, launched in September 2025, as well as increased finance costs and depreciation charges on expanded network infrastructure.