Investor briefcase Key highlights
Investor briefcase Key highlights
We are Africa’s leading video entertainment platform and one of the top 10 pay-TV companies globally, outside of China.
With a 36-year track record, we entertain more than 20 million households of varying income levels across the African content. We create our own local content and secure rights to quality content from around the world, which we deliver anywhere, any time and on any device through our DTH (DStv), DTT (GOtv) and OTT (Showmax, DStv Streaming) platforms. We are focused on expanding our ecosystem by selectively investing in new growth opportunities, including our recent minority investment in sports-betting company BetKing. Our technology company, Irdeto, protects platforms and applications for video entertainment, gaming, connected transport and other connected industries.
3 operating segments
Revenue contribution by operating segment: 1H FY22
Healthy financials and strong balance sheet (FY21)
Subscriber base (90-day active, millions)
We know how to create and deliver the best local and international general entertainment content and sport content to our 21.1m subscribers in 50 countries across sub-Saharan Africa.
We create, acquire, license and package an exciting and unique mix of programming. We provide video entertainment ‘anywhere, anytime’ by beaming a signal and/or streaming content to customers on their preferred devices 24/7.
Our unique insights allow us to create comprehensive and compelling video entertainment services that resonate with our subscribers and cater for their evolving video entertainment needs.
Leveraging our scale and reach, we are also broadening our value proposition and entertainment ecosystem through organic initiatives, strategic partnerships and select investment opportunities. Our new product launches, third-party OTT distribution agreements and investment in BetKing in FY21 demonstrate our evolving strategic intent.
We have an experienced management team with deep operational expertise, established brands, a scaled subscriber base and infrastructure that is largely invested or leased.
We have also ensured that we sustain a sound balance sheet, deliver excellence in execution, maintain cost discipline, and generate robust cash flows to support our capital allocation process and ultimately shareholder returns.
We understand the need to drive scale and growth in a flexible and responsive way.
We achieve this through investment in areas like content and production processes, set-top box subsidies and capex to support organic growth, or through targeted and value-accretive investments or through mutually beneficial commercial partnerships with best-in-class operators.
Our long-standing connections to worldwide video entertainment industry participants, content suppliers and satellite providers allow us to implement best practices for content and technology.
Our deep local knowledge allows us to operate in diverse markets, across vast urban and rural territories, and varied demographics, while managing complex regulatory environments and solving unique local challenges e.g. sales, distribution and payments.
The African continent, with its 1.3bn people, is our home. Since launching our first service in 1985, we have provided a window into the world for our viewers and created, developed and shared their stories.
A growing, increasingly urban middle-class with rising discretionary spend represents an addressable market of 56m paying video entertainment subscribers by 2025 and an attractive long-term opportunity for us.
Irdeto has a 51-year history of solving digital security problems. Its expertise in software security means Irdeto is uniquely positioned to help the world’s best video entertainment and connected industry service providers navigate their digital platform security challenges in an increasingly connected world.