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FY22 results

Our fact sheet

FY22 fact sheet

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Executive review of our performance

MultiChoice Group: Steady margins despite cost normalisation.

During the year ended 31 March 2022 (FY22), MultiChoice Group (MCG or the group) continued to scale its core business platform and expand its ecosystem by increasing the variety of services offered to customers. The group added 0.9m 90‑day active subscribers to close the year on 21.8m subscribers, an increase of 5% year-on-year (YoY). The subscriber base in the Rest of Africa maintained its solid growth trajectory, increasing 7% YoY primarily on the back of investment in successful local content productions and live sporting events. The South Africa business reached the 9m subscriber milestone, but growth rates were subdued due to the tough ongoing economic environment and elevated prior year numbers as consumers prioritised video entertainment during the COVID-19-related lockdowns. The 90-day subscriber base comprises 12.8m households (59%) in the Rest of Africa and 9.0m households (41%) in South Africa.