ASO Savings and Loans 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
Interest and Dividend Income	1,251	1,343	1,156	1,272	998.8	830.86
Total Interest Expense	614.37	1,185	1,010	437.03	2,209	2,667
Net Interest Income	636.49	157.65	145.71	834.8	-1,210	-1,836
Commissions and Fees	1,043	5.97	38.44	21.61	13.27	20.87
Other Revenue	-1,835	22.46	15.75	491.62	-	-
Revenue Before Loan Losses	-798.27	186.08	199.89	1,348	-1,197	-1,815
Provision for Loan Losses	133.33	213.65	131.63	74.19	-3,088	1,956
Revenue	-931.6	-27.57	68.27	1,274	1,892	-3,771
Revenue Growth (YoY)	-	-	-94.64%	-32.66%	-	-
Salaries & Employee Benefits	933.96	933.96	932.72	937.71	1,046	1,156
Cost of Services Provided	7.78	301.66	314.54	275.76	202.83	198.07
Other Operating Expenses	802.34	802.34	828.48	728.93	627.89	1,489
Total Operating Expenses	1,770	2,064	2,108	1,973	1,904	2,873
Operating Income	-2,701	-2,091	-2,040	-698.71	-12.63	-6,644
EBT Excluding Unusual Items	-2,701	-2,091	-2,040	-698.71	-12.63	-6,644
Pretax Income	-522.62	107.92	112.52	104.45	18.86	-5,972
Income Tax Expense	25.06	25.06	23.39	19.39	1.08	3.99
Net Income	-547.68	82.86	89.13	85.07	17.79	-5,976
Net Income to Common	-547.68	82.86	89.13	85.07	17.79	-5,976
Net Income Growth	-	-7.04%	4.78%	378.27%	-	-
Shares Outstanding (Basic)	-	4,914	4,914	4,914	4,914	-
Shares Outstanding (Diluted)	-	4,914	4,914	4,914	4,914	-
EPS (Basic)	-	0.02	0.02	0.02	0.00	-
EPS (Diluted)	-	0.02	0.02	0.02	0.00	-
EPS Growth	-	-7.03%	4.78%	378.34%	-	-
Free Cash Flow	-	-4,020	-5,596	-2,374	5,433	-7,454
Free Cash Flow Per Share	-	-0.82	-1.14	-0.48	1.11	-
Operating Margin	-	-	-2987.59%	-54.85%	-0.67%	-
Profit Margin	-	-	130.56%	6.68%	0.94%	-
Free Cash Flow Margin	-	-	-8197.31%	-186.38%	287.24%	-
Effective Tax Rate	-	23.22%	20.79%	18.56%	5.70%	-

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