Vodacom in review: Business overview and 12-month performance

 Vodacom in review: Business overview and 12-month performance

Vodacom in review: Business overview and 12-month performance

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Company overview

Vodacom was founded in 1993 and is headquartered in Midrand, South Africa. As a subsidiary of Vodafone Investments SA (Pty) Ltd, Vodacom, a unified communications provider, specialises in the provision of mobile voice, messaging, data, financial and converged services to an extensive client base consisting of consumers, businesses and enterprise customers both in South Africa and internationally. Vodacom offers connectivity, Internet and virtual private network services to its customers. In addition, Vodacom also offers various wireless, fixed-line, satellite, mobile and converged technologies, not to mention many other products and services. Vodacom trades its shares on the JSE under the stock symbol VOD.JO.

Financials

The trailing 12 months (TTM) under Vodacom’s financial performance indicates a total revenue of $5 830 430,50 with gross profit of $3 718 083,25 and operating income of $1 514 329,74. The reported total operating income according to the TTM is currently $1 780 985,97 with an EBIT of $1 784 135,20 and EBITDA of $2 681 023,05.

Share performance YTD

When viewed holistically over the past year, VOD.JO stocks are almost on par with the price recorded last year this time of $837,64, as opposed to a current average price of $806. During the past year, VOD.JO stocks experienced stable performance. However, it is notable that stocks experienced a substantial drop, from $656,58 on March 13 at market close, to $638,26 on March 16. This change, however, did not last, and stock prices increased to $735,86 on March 17, with steady upwards performance recorded for the remainder of the year to the present. This indicated stable performance is despite economic factors that have affected various company stocks around the world. These factors include the Covid-19 pandemic and subsequent lockdown measures in South Africa, and the effect of the US elections on global markets.

Chris Louw

https://sashares.co.za/

Featured Financial Writer for SA Shares - Read more about Chris's Bio -

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