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📰 News9 March 2026·2 min read·

Showmax Lost $2.50 for Every $1 Earned Between 2023–2025

Source: techcabal
Showmax Lost $2.50 for Every $1 Earned Between 2023–2025
Showmax generated $204.29 million in revenue between 2023 and 2025 but recorded over $523.53 million in operating losses during the same period. The streaming platform lost $2.50 for every $1 of revenue earned, while also committing hundreds of millions more to rebuild its technology stack and content library. The figures highlight the steep cost of competing in Africa's streaming market.
Read full article at techcabal
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