ABC Transport Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	16,598	15,962	12,515	7,332	7,626	6,570
Revenue Growth (YoY)	19.93%	27.54%	70.69%	-3.85%	16.08%	-15.24%
Cost of Revenue	13,687	13,149	9,743	5,743	6,413	5,565
Gross Profit	2,911	2,812	2,772	1,589	1,212	1,005
Selling, General & Admin	2,199	2,070	1,311	2,060	1,063	1,084
Other Operating Expenses	-1,230	-1,204	-618.09	0.03	-406.7	-142.92
Operating Expenses	1,078	974.73	744.68	2,200	695.72	982.15
Operating Income	1,833	1,838	2,028	-611.6	516.73	22.55
Interest Expense	-428.9	-419.31	-465.98	-408.81	-275.48	-196.83
Interest & Investment Income	-	-	-	0.04	0.8	2.96
Currency Exchange Gain (Loss)	37.13	37.13	-581.82	537.44	25.29	-8.24
Other Non Operating Income (Expenses)	-197.5	-200.79	-200.98	-41.02	-62.91	-82.23
EBT Excluding Unusual Items	1,244	1,255	778.95	-523.95	204.42	-261.79
Gain (Loss) on Sale of Investments	1.01	2.04	3.1	1.71	1.21	0.85
Gain (Loss) on Sale of Assets	107.41	107.41	44.97	146.16	61.37	384.21
Pretax Income	1,381	1,393	918.45	-368.61	279.23	140.68
Income Tax Expense	285.85	314.34	249.26	171.94	219.12	229.23
Earnings From Continuing Operations	1,096	1,079	669.19	-540.55	60.11	-88.55
Minority Interest in Earnings	-129.93	-107.74	-136.38	365.23	-44.23	-64.61
Net Income	965.65	971.3	532.81	-175.33	15.88	-153.16
Net Income to Common	965.65	971.3	532.81	-175.33	15.88	-153.16
Net Income Growth	28.24%	82.30%	-	-	-	-
Shares Outstanding (Basic)	-	2,393	2,393	2,393	2,393	1,658
Shares Outstanding (Diluted)	-	2,393	2,393	2,393	2,393	1,658
Shares Change (YoY)	-	-	-	-	44.33%	-
EPS (Basic)	-	0.41	0.22	-0.07	0.01	-0.09
EPS (Diluted)	-	0.41	0.22	-0.07	0.01	-0.09
EPS Growth	-	82.30%	-	-	-	-
Free Cash Flow	580.44	518.75	1,136	175.55	-1,010	-935.96
Free Cash Flow Per Share	-	0.22	0.47	0.07	-0.42	-0.56
Dividend Per Share	0.060	0.060	-	-	0.015	-
Gross Margin	17.54%	17.62%	22.15%	21.67%	15.90%	15.29%
Operating Margin	11.04%	11.51%	16.20%	-8.34%	6.78%	0.34%
Profit Margin	5.82%	6.08%	4.26%	-2.39%	0.21%	-2.33%
Free Cash Flow Margin	3.50%	3.25%	9.08%	2.39%	-13.25%	-14.25%
EBITDA	3,422	3,306	2,800	54.29	1,047	798.16
EBITDA Margin	20.62%	20.71%	22.38%	0.74%	13.73%	12.15%
D&A For EBITDA	1,589	1,468	772.65	665.89	530.04	775.62
EBIT	1,833	1,838	2,028	-611.6	516.73	22.55
EBIT Margin	11.04%	11.51%	16.20%	-8.34%	6.78%	0.34%
Effective Tax Rate	20.69%	22.56%	27.14%	-	78.47%	162.94%
Advertising Expenses	-	41.9	69.53	37.93	857.63	33.47

Source: S&P Global Market Intelligence. Standard template. Financial Sources.