
Revenue
FY, 2025
| NGN | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.8B | 6.9B | 7.1B | 10.5B | 12.3B | 12.7B | 20.9B | 29.8B |
| Cost of goods sold | 2.5B | 3.4B | 3.6B | 5.2B | 5.5B | 6.1B | 10.3B | 12.2B |
| Gross profit | 2.3B | 3.6B | 3.6B | 5.4B | 6.9B | 6.7B | 10.7B | 17.7B |
| Gross profit margin, % | 48.8% | 51.6% | 50.8% | 51.8% | 55.9% | 52.7% | 51.0% | 59.3% |
| Operating expense total | 1.9B | 2.4B | 2.1B | 2.5B | 3.2B | 4.1B | 6.1B | 10.1B |
| Depreciation and amortization | 710.7M | 912.8M | 1.0B | 1.2B | 1.5B | 2.0B | 2.3B | 2.6B |
| EBITDA | 459.6M | 1.2B | 1.5B | 2.9B | 3.6B | 2.6B | 4.6B | 7.5B |
| EBITDA margin, % | 9.6% | 17.0% | 21.4% | 27.8% | 29.5% | 20.6% | 22.0% | 25.3% |
| EBIT | (251.1M) | 268.3M | 463.7M | 1.7B | 2.3B | 624.3M | 2.3B | 5.0B |
| EBIT margin, % | -5.3% | 3.9% | 6.6% | 16.5% | 18.5% | 4.9% | 11.1% | 16.6% |
| Interest income | 14.2M | 75.9M | 94.3M | 160.0M | 15.6M | 437.9M | ||
| Interest expense | 25.3M | 61.2M | 116.7M | 262.7M | 361.1M | 2.6B | ||
| Pre tax profit | (209.6M) | 241.5M | 436.0M | 1.8B | 2.2B | 445.3M | 1.3B | 2.7B |
| Income tax expense | 54.2M | 73.0M | 277.3M | 768.8M | 841.2M | 74.8M | 457.1M | 861.9M |
| Net Income | (263.8M) | 168.5M | 158.8M | 984.2M | 1.4B | 370.6M | 817.0M | 1.8B |