Ghana Digital Centres’ loss nearly triples to GH¢6.06m as revenue falls
Ghana Digital Centres Limited (GDCL) recorded a sharp deterioration in its financial performance in 2025, as its net loss nearly tripled to GH¢6.06 million amid falling revenue and weakening cash generation.
Ghana Digital Centres Limited (GDCL) saw its financial performance deteriorate significantly in 2025, with its net loss nearly tripling to GH¢6.06 million, according to the State Interests and Governance Authority (SIGA). The company's revenue fell from GH¢10.57 million in 2024 to GH¢7.99 million in 2025, a 24.41% reduction. SIGA attributed the decline in profitability to a weakened operating margin, which dropped from negative 6.5% in 2024 to negative 59.4% in 2025.
Although GDCL implemented cost-cutting measures, including reducing administrative expenses by 55%, these savings were insufficient to offset the decline in revenue. The company's total assets and equity also declined, while its cash position weakened, with cash and cash equivalents falling by 37% from GH¢270,000 in 2024 to GH¢170,000 in 2025.
Despite these challenges, GDCL maintained a relatively strong short-term liquidity position, with a current ratio of 3.5 times in 2025.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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