Summary of financial performance
A summary of our financial performance for 2023
We Continue to Achieve Success Through Outstanding Financial Performance, Reflecting the Company’s Excellence in Iraq’s Telecommunications Sector
Number of Subscribers
Driven by the launch of multiple promotional offers, strong performance in the data sector, and favorable market conditions, the number of subscri
Revenues
In 2024, revenue from ongoing operations increased by 12.8% compared to 2023, reaching 1,872 billion IQD (one trillion, eight hundred seventy-two
Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA)
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)EBITDA witnessed an 18.1% increase compared to the previous year, reachin
Net Income
The net profit for 2024 increased by 12% compared to the previous year, reaching 394 billion IQD, driven by higher revenues.
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