Mdundo.com A/S

The Copenhagen listed African music service, Mdundo.com A/S, is presenting a strong half-year report with steep growth in monthly active users reaching 23.4m, and a total revenue growth of 161% from the same period last financial year (reaching DKK 6.4m in the first 6 months of the financial year 22-23).

Musiktjenesten Mdundo.com A/S, børsnoteret på Nasdaq First North Growth Markets i København, har vundet prisen for at støtte musikere via digital innovation, uddelt af Music Cities Awards.

Mdundo reaches 21.5 million active users and has launched major partnerships with Universal Music Group and Ghana’s leading telecommunication provider, MTN. The partnerships are in-line with the company’s 2025 strategy on driving value per user through telco-products.

Bestyrelsen for den afrikanske musiktjeneste, Mdundo.com A/S, som er børsnoteret på Nasdaq First North Growth Markets i København, har godkendt Selskabets årsrapport for perioden 1. juli 2021 – 30. juni 2022, der viser høj vækst og væsentlig forbedring af omsætningen.

Mdundo.com, one of Africa’s leading music services and MTN Ghana, have jointly launched Mdundo’s premium service. MTN Ghana is the leading telecommunication company in Ghana with a customer base of over 28 million subscribers.

Den afrikanske musiktjeneste Mdundo.com, som er børsnoteret på Nasdaq First North Growth Markets i København, havde 20,3 millioner månedlige aktive brugere i juni 2022, hvilket overgår det opjusterede forventede mål på 19-20 millioner for måneden. Dette er en vækst på 74% fra juni 2021.

Mdundo.com A/S, one of Africa’s leading music services, today announced that it has reached an agreement with Universal Music Group (UMG), the world leader in music-based entertainment, to license the service across key African territories. Under this new licensing agreement, Universal Music Group and Mdundo.com will strengthen Mdundo’s music offering for fans by providing them access to the world’s most comprehensive music catalog, as well as further increasing Universal Music Africa’s (UMA’s) reach within the African market in line with Mdundo’s ambitions for rapid market growth across the continent. Mdundo CEO, Martin Møller Nielsen explains, “Our focus is to provide a relevant service to the hundreds of millions of potential users in Africa that are getting online. In recent years, Mdundo.com has reported explosive growth, from 5 million monthly users in June 2020 to an expected 19-20 million monthly active users in June 2022 and a +225% growth in revenue for the year ending June 2

Mdundo.com, en af Afrika's ledende musiktjenester, er glade for at kunne annoncere en strategiopdatering for perioden juni 2022 til juni 2025, herunder guidance for året 2022/23. Selskabet forventer 50 mio. brugere og positivt EBITDA i 2025. Selvskabet er ledet af den Danske direktør, Martin Møller Nielsen og børsnoteret i København på Nasdaq First North Growth Markets.

Mdundo havde i marts 2022 17 mio. aktive brugere, hvilket er en stigning på 140% siden marts 2021. Selskabet forventer nu 19-20 mio. månedlige aktive brugere ved udgangen af 2021/22 regnskabsåret i juni, mod tidligere guidance på 18 mio.

Den afrikanske musiktjeneste Mdundo.com, som er børsnoteret på Nasdaq First North Growth Markets i København, har offentliggjort nye brugertal for december 2021. Tjenesten runder 13 millioner månedlige aktive brugere, hvilket afspejler en vækst på over 8 millioner månedlige aktive brugere siden selskabet blev børsnoteret i september 2020.