{"id":2205,"slug":"samro-cost-to-income-ratio-decade","title":"SAMRO’s cost-to-income ratio, 2016 to 2025","source":"SAMRO (Southern African Music Rights Organisation NPC) Integrated Report 2025, ten-year cost-to-income ratio series, Chief Financial Officer's review","source_url":"https:\/\/cdn.prod.website-files.com\/641d55c4d3455bd939321315\/69c3f930c5f11a7f982815d9_Samro_Annual_IR_2025_19472_20260324_V04a_LDV_12H42_Interactive.pdf","source_type":"official","method":"The ten values are the data series printed on the cost-to-income ratio chart in SAMRO's Integrated Report 2025, covering financial years ended 30 June 2016 to 30 June 2025. The chart's axis labels and its value series were extracted separately from the report, so the mapping of value to year was checked against three figures the report also states in prose: the FY2025 ratio of 21.6%, the FY2024 ratio of 22.9%, and the CFO's statement that the ratio represents a 7.5 percentage-point improvement over the past ten years, which fixes the 2016 value at 29.1%. All three agree with the ascending-year mapping recorded here. Confidence is marked medium rather than high because the intermediate years, 2017 to 2023, are read from the chart series and are not separately restated in the report's prose or in the summary financial statements. The cost-to-income ratio is SAMRO's own published efficiency measure and its stated target is 18% by 2028.","unit":"percent","license":"Afrobeats Wire's compilation and analysis are licensed CC BY 4.0. Rights in the underlying source data remain with the source named above.","confidence":"medium","retrieved":"2026-08-22 10:46:14","n":10,"first_party":0,"columns":[{"key":"year","label":"Financial year to 30 June","type":"text"},{"key":"cost_to_income_pct","label":"Cost-to-income ratio, %","type":"number"}],"rows":[{"year":"2016","cost_to_income_pct":29.1},{"year":"2017","cost_to_income_pct":38.6},{"year":"2018","cost_to_income_pct":40},{"year":"2019","cost_to_income_pct":32},{"year":"2020","cost_to_income_pct":31.4},{"year":"2021","cost_to_income_pct":29.3},{"year":"2022","cost_to_income_pct":25.9},{"year":"2023","cost_to_income_pct":25},{"year":"2024","cost_to_income_pct":22.9},{"year":"2025","cost_to_income_pct":21.6}]}