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Axian Telecom Reports Strong FY 2024 Financial Results, Doubling Net Profit

April 24, 2025
1 min read
Author: Joyce Onyeagoro

With a customer-centric strategy and expanding regional footprint, the company reiterated its confidence in continued growth through increased mobile penetration and digital financial services across the continent.

Axian Telecom  has posted a robust financial performance for the fiscal year ended December 31, 2024, with net profit more than doubling to USD 114,325,369 from USD 54,555,532 in 2023.

The Group’s Revenue for the year ended 31 December 2024 amounts to USD 1,406,915,647, making it a significant class of transaction in these financial statements. The main revenue streams involve a wide range of low-value transactions, requiring large volumes of data processing.

With a customer-centric strategy and expanding regional footprint, the company reiterated its confidence in continued growth through increased mobile penetration and digital financial services across the continent.

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