
Revenue
FY, 2025
| NGN | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 901.2B | 891.7B | 1.0T | 1.4T | 1.6T | 2.2T | 3.6T | 4.3T |
| Cost of goods sold | 289.2B | 286.0B | 342.3B | 432.9B | 520.8B | 800.4B | 1.3T | 1.3T |
| Gross profit | 622.2B | 608.7B | 696.6B | 956.3B | 1.1T | 1.4T | 2.3T | 3.0T |
| Gross profit margin, % | 69.0% | 68.3% | 67.4% | 69.1% | 68.1% | 64.7% | 64.9% | 70.2% |
| Operating expense total | 185.1B | 211.4B | 215.0B | 268.8B | 392.2B | 538.7B | 945.8B | 1.0T |
| Depreciation and amortization | 96.2B | 95.5B | 89.5B | 100.8B | 121.8B | 151.2B | 229.0B | 215.0B |
| EBITDA | 437.7B | 398.0B | 482.3B | 688.4B | 711.1B | 892.0B | 1.4T | 2.0T |
| EBITDA margin, % | 48.6% | 44.6% | 46.6% | 49.8% | 43.9% | 40.4% | 38.6% | 46.4% |
| EBIT | 341.5B | 302.5B | 392.8B | 588.3B | 589.9B | 744.0B | 1.2T | 1.8T |
| EBIT margin, % | 37.9% | 33.9% | 38.0% | 42.5% | 36.4% | 33.7% | 32.6% | 41.4% |
| Interest income | 11.3B | 7.6B | 13.2B | 20.8B | 38.7B | 27.4B | 168.6B | 82.1B |
| Interest expense | 43.9B | 46.1B | 46.3B | 60.2B | 79.7B | 153.8B | 461.2B | 363.1B |
| Pre tax profit | 300.8B | 250.5B | 373.3B | 538.4B | 524.0B | 553.1B | 732.5B | 1.5T |
| Income tax expense | (89.5B) | 50.0B | 97.2B | 173.9B | 141.7B | 97.5B | 229.3B | 517.7B |
| Net Income | 390.3B | 200.5B | 276.1B | 364.4B | 382.3B | 455.6B | 503.2B | 1.0T |