NGX:ALEX Income Statement

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

Millions NGN. 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	1,702	2,781	2,088	2,637	2,635	2,328
Revenue Growth (YoY)	-40.24%	33.22%	-20.83%	0.07%	13.17%	-10.67%
Cost of Revenue	2,062	2,754	1,983	2,400	2,401	2,072
Gross Profit	-359.83	26.96	105.15	237.54	234.26	256.83
Selling, General & Admin	88.44	184.21	169.1	159.89	145.5	145.54
Operating Expenses	90.15	185.93	224.65	162.41	152.08	152.98
Operating Income	-449.97	-158.97	-119.51	75.13	82.19	103.86
Interest Expense	-36.58	-52.45	-33.33	-7.41	-	-3.89
Other Non Operating Income (Expenses)	165.29	8.07	15.46	18.1	17.29	3.91
EBT Excluding Unusual Items	-321.26	-203.35	-137.38	85.83	99.48	103.88
Gain (Loss) on Sale of Assets	74.44	17.01	13.97	0.27	-	-
Pretax Income	-246.82	-186.34	-123.41	86.09	99.48	103.88
Income Tax Expense	18.47	13.91	-0.36	37.56	32.54	-45.5
Net Income	-265.29	-200.25	-123.05	48.53	66.94	149.38
Preferred Dividends & Other Adjustments	-	-	-	-	-1.5	-
Net Income to Common	-265.29	-200.25	-123.05	48.53	68.44	149.38
Net Income Growth	-	-	-	-27.51%	-55.19%	133.59%
Shares Outstanding (Basic)	220	220	220	220	220	220
Shares Outstanding (Diluted)	220	220	220	220	220	220
EPS (Basic)	-1.21	-0.91	-0.56	0.22	0.31	0.68
EPS (Diluted)	-1.21	-0.91	-0.56	0.22	0.31	0.68
EPS Growth	-	-	-	-29.09%	-54.18%	133.59%
Free Cash Flow	-	-54.79	-3.67	-123.97	-162.73	280.49
Free Cash Flow Per Share	-	-0.25	-0.02	-0.56	-0.74	1.27
Dividend Per Share	-	-	-	-	0.050	-
Gross Margin	-21.14%	0.97%	5.04%	9.01%	8.89%	11.03%
Operating Margin	-26.44%	-5.71%	-5.72%	2.85%	3.12%	4.46%
Profit Margin	-15.59%	-7.20%	-5.89%	1.84%	2.60%	6.42%
Free Cash Flow Margin	-	-1.97%	-0.18%	-4.70%	-6.17%	12.05%
EBITDA	-363.85	-124.51	-83.53	110.94	117.49	141.99
EBITDA Margin	-21.38%	-4.48%	-4.00%	4.21%	4.46%	6.10%
D&A For EBITDA	86.12	34.46	35.98	35.81	35.3	38.13
EBIT	-449.97	-158.97	-119.51	75.13	82.19	103.86
EBIT Margin	-26.44%	-5.71%	-5.72%	2.85%	3.12%	4.46%
Effective Tax Rate	-	-	-	43.63%	32.71%	-
Advertising Expenses	-	2.31	2.94	0.86	0.89	2.83

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