Nigerian Stock Exchange
Afromedia PLC · AFROMED.LG
Afromedia Plc is a Nigeria-based company engaged in outdoor advertising. Its outdoor advertising includes advertising in airports, street furniture and billboards. The Company operates through two segments: Road-side Advertisement and Transit Advertisement. Its durable business profile is anchored in audience reach, media assets, advertising inventory, content production and relationships with advertisers and agencies. Demand is linked to corporate marketing budgets, consumer attention, urban traffic patterns and the shift between traditional and digital channels. Investors should monitor revenue diversification, occupancy of advertising assets, collection cycles, operating costs and the company’s ability to adapt to changing media consumption. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.
Fundamentals
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Sign in| Metric (NGN, M) | 2022 2022 | 2021 2021 | 2020 2020 | 2019 2019 | 2018 2018 |
|---|---|---|---|---|---|
| Revenue Total Revenue | 346 | ||||
| EBITDA | -37 | ||||
| EBIT | -131 | ||||
| Net income Net Income | -118 | ||||
| Operating margin | -38% | ||||
| Net margin | -34% |