Beta Glass Plc (NGX:BETAGLAS)

Beta Glass Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	147,929	117,580	62,905	54,340	36,983	25,637
Revenue Growth (YoY)	82.74%	86.92%	15.76%	46.93%	44.26%	-12.84%
Cost of Revenue	98,092	87,152	50,698	43,927	27,809	19,733
Gross Profit	49,837	30,428	12,208	10,414	9,173	5,904
Selling, General & Admin	8,301	6,419	3,759	3,452	2,348	1,814
Other Operating Expenses	-3,353	-1,124	274	-600.59	-882.01	-316.61
Operating Expenses	6,644	6,991	4,533	2,880	1,467	1,526
Operating Income	43,193	23,437	7,674	7,534	7,707	4,378
Interest Expense	-9,250	-9,782	-2,010	-630.71	-244.64	-203.58
Interest & Investment Income	9,392	8,121	2,084	1,241	597.14	537.23
Currency Exchange Gain (Loss)	-1,398	-1,742	1,794	-1,285	-763.35	285.5
Other Non Operating Income (Expenses)	-775.26	-169.43	-107.66	-	-17.6	-0
EBT Excluding Unusual Items	41,161	19,865	9,434	6,858	7,278	4,997
Gain (Loss) on Sale of Investments	-	-	-	-	-59.23	-
Gain (Loss) on Sale of Assets	34.23	38.76	11.23	132.83	219.87	117.72
Pretax Income	41,196	19,903	9,445	6,991	7,439	5,115
Income Tax Expense	13,173	6,277	3,003	2,306	1,981	1,648
Net Income	28,023	13,627	6,442	4,685	5,458	3,467
Net Income to Common	28,023	13,627	6,442	4,685	5,458	3,467
Net Income Growth	318.23%	111.52%	37.49%	-14.15%	57.43%	-37.88%
Shares Outstanding (Basic)	600	600	600	600	600	600
Shares Outstanding (Diluted)	600	600	600	600	600	600
EPS (Basic)	46.71	22.71	10.74	7.81	9.10	5.78
EPS (Diluted)	46.71	22.71	10.74	7.81	9.10	5.78
EPS Growth	318.23%	111.52%	37.49%	-14.15%	57.43%	-37.88%
Free Cash Flow	2,293	9,780	3,784	-4,172	3,724	282.32
Free Cash Flow Per Share	3.82	16.30	6.31	-6.95	6.21	0.47
Dividend Per Share	2.950	2.950	1.400	1.170	0.917	0.867
Dividend Growth	110.71%	110.71%	19.66%	27.63%	5.77%	-37.72%
Gross Margin	33.69%	25.88%	19.41%	19.16%	24.80%	23.03%
Operating Margin	29.20%	19.93%	12.20%	13.86%	20.84%	17.08%
Profit Margin	18.94%	11.59%	10.24%	8.62%	14.76%	13.52%
Free Cash Flow Margin	1.55%	8.32%	6.02%	-7.68%	10.07%	1.10%
EBITDA	49,495	28,922	11,717	11,651	10,978	6,902
EBITDA Margin	33.46%	24.60%	18.63%	21.44%	29.68%	26.92%
D&A For EBITDA	6,303	5,485	4,043	4,117	3,271	2,524
EBIT	43,193	23,437	7,674	7,534	7,707	4,378
EBIT Margin	29.20%	19.93%	12.20%	13.86%	20.84%	17.08%
Effective Tax Rate	31.98%	31.54%	31.79%	32.98%	26.63%	32.22%

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