Clydestone Ghana Income Statement

Financials in millions GHS. Fiscal year is January - December.

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	35.01	23.92	7.34	8.04	2.5	4.04
Revenue Growth (YoY)	164.14%	226.11%	-8.72%	221.99%	-38.21%	-44.25%
Cost of Revenue	22.81	14.04	3.67	5.21	1.46	2.36
Gross Profit	12.2	9.88	3.67	2.83	1.04	1.68
Selling, General & Admin	6.29	4.15	3.25	2.68	1.35	1.57
Other Operating Expenses	0.12	0.12	0	-	-	-
Operating Expenses	6.88	4.41	3.3	2.7	1.43	1.66
Operating Income	5.31	5.48	0.37	0.13	-0.39	0.02
Interest Expense	-1.23	-0.67	-0.24	-0.29	-0.04	-0.04
Interest & Investment Income	-	-	0.03	0.88	-	-
Other Non Operating Income (Expenses)	0	0	-	-	-0	0.11
Pretax Income	4.06	4.81	0.17	0.72	-0.42	0.09
Income Tax Expense	0.74	0.86	0.04	0.15	-	0.02
Earnings From Continuing Operations	3.33	3.95	0.13	0.57	-0.42	0.07
Minority Interest in Earnings	-	-	-	-	0.17	-0.01
Net Income	3.33	3.95	0.13	0.57	-0.25	0.06
Net Income to Common	3.33	3.95	0.13	0.57	-0.25	0.06
Net Income Growth	165.89%	2843.32%	-76.49%	-	-	-73.99%
Shares Outstanding (Basic)	34	34	34	34	34	28
Shares Outstanding (Diluted)	34	34	34	34	34	28
Shares Change (YoY)	0.39%	-1.23%	1.26%	-0.02%	23.50%	-18.26%
EPS (Basic)	0.10	0.12	0.00	0.02	-0.01	0.00
EPS (Diluted)	0.10	0.12	0.00	0.02	-0.01	0.00
EPS Growth	164.86%	2880.00%	-76.79%	-	-	-68.18%
Free Cash Flow	-0.17	10.3	-1.39	0.17	-0.02	-0.36
Free Cash Flow Per Share	-0.01	0.30	-0.04	0.01	-0.00	-0.01
Dividend Per Share	0.032	0.032	-	-	-	-
Gross Margin	34.84%	41.30%	50.03%	35.21%	41.64%	41.60%
Operating Margin	15.18%	22.89%	5.07%	1.61%	-15.56%	0.47%
Profit Margin	9.50%	16.52%	1.83%	7.11%	-10.21%	1.43%
Free Cash Flow Margin	-0.49%	43.06%	-18.92%	2.14%	-0.74%	-8.97%
EBITDA	5.78	5.61	0.42	0.15	-0.31	0.11
EBITDA Margin	16.52%	23.44%	5.71%	1.91%	-12.35%	2.62%
D&A For EBITDA	0.47	0.13	0.05	0.02	0.08	0.09
EBIT	5.31	5.48	0.37	0.13	-0.39	0.02
EBIT Margin	15.18%	22.89%	5.07%	1.61%	-15.56%	0.47%
Effective Tax Rate	18.12%	17.85%	20.97%	21.00%	-	21.00%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.