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Market: Qatar Symbol: ORDS ISIN: QA0007227737 Sector: TELECOM
31/12/2024
Currency QAR
Previous Close 11.55
Change (%) 0.00
Volume 1,437,720
Number of Shares (mil) 3,203.20
Market Cap (mil) 36,996.96

 Company presentation

Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named “Best Mobile Operator of the Year” at the World Communication Awards 2013.

The company reported revenues of US$ 6.4 billion in 2023 and had a consolidated global customer base of more than 58 million customers as at 31 December 2023. Ooredoo’s shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.


QAR millions except per share amounts 2021 2022 2023
Operations
Revenue 21,906 22,698 23,164
EBITDA 9,274 9,375 9,717
EBITDA margin 42% 40% 42%
Reported net profit attributable to Ooredoo shareholders 47 2,360 3,016
Normalized net profit attributable to Ooredoo shareholders 2,223 2,821 3,279
Earnings per share (EPS) - basic and diluted (QAR) 0.01 0.74 0.94
Dividend declared per share (QAR) 0.30 0.43 0.55
Dividend payout ratio 40.0% 59.6% 59.1%
Free cash flow 6,189 6,401 6,802
Capital expenditures 3,084 2,729 2,821
Capex intensity (Capex/revenue) 14% 12% 12%
Employees 15,167 12,389 12,604
Financial Position
Total net assets 26,409 28,156 30,574
Net debt 22,771 10,196 6,831
Net debt to EBITDA 1.5 1.1 0.7
Market capitalization 22,486 29,469 36,516
Customers
Total Customers (million) 121.4 56.0 57.6
Customers (incl IOH) (million) 121.0 158.2 156.4