MultiChoice Group Restricted (OTCPK:MCHOY) This fall 2025 Earnings Convention Name June 12, 2025 9:00 AM ET
Firm Individuals
Calvo Phedi Mawela – Group CEO & Director
Meloy Horn – Head of Investor Relations
Timothy Neil Jacobs – CFO & Director
Convention Name Individuals
Jonathan Bradley – Absa Financial institution Restricted, Analysis Division
Operator
Good day, women and gents, and welcome to the MultiChoice Group FY ’25 Outcomes Name. [Operator Instructions] Please notice that this name is being recorded.
I might now like to show the convention over to Meloy Horn. Please go forward.
Meloy Horn
Thanks, Irene, and whats up, everybody. Thanks for becoming a member of us right this moment. As standard, to current our outcomes, we now have Calvo Mawela, our CEO; and Tim Jacobs, our CFO. And likewise becoming a member of for the Q&A session is Richard Tessendorf, our new Company CFO; in addition to Nick and Zintle from the IR group.
So let me hand over to Calvo to start out right this moment’s presentation.
Calvo Phedi Mawela
Good afternoon, everybody, and welcome to our outcomes presentation. Let’s begin by turning to Slide 2 for some upfront feedback. As we glance again on FY ’25, it has clearly been a difficult yr. Our enterprise has been examined in methods we couldn’t have predicted, however we stay resolute in confronting obstacles head on.
We entered the yr with a marketing strategy that factored in a few of our essential dangers, together with a harassed shopper atmosphere throughout the continent, a materially weaker naira and a peak funding cycle for Showmax. The continued price of dwelling disaster has meant that households are struggling to make and meet and lots of had no alternative however to surrender their DSTv subscriptions in the interim. Mixed with the influence of energy points in massive markets like Nigeria and Zambia, we noticed our linear buyer base declined by 8% year-on-year
