Chams Holding Company Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	17,654	14,841	9,646	5,066	3,325
Revenue Growth (YoY)	18.95%	53.86%	90.40%	52.38%	57.48%
Cost of Revenue	13,965	10,541	7,833	4,086	2,593
Gross Profit	3,689	4,300	1,813	980	731.53
Selling, General & Admin	2,571	2,968	1,948	1,530	1,288
Other Operating Expenses	-436.22	-14.24	-159.46	-656.41	-362.54
Operating Expenses	2,321	3,117	1,988	986.68	1,054
Operating Income	1,368	1,183	-175.47	-6.68	-322.25
Interest Expense	-896.34	-363.44	-237.13	-188.66	-171.7
Interest & Investment Income	332.59	49.77	120.02	65.06	76.42
Currency Exchange Gain (Loss)	2.84	3.99	88.97	-	0.59
Other Non Operating Income (Expenses)	-0	-	-	-	0
EBT Excluding Unusual Items	806.76	873.04	-203.62	-130.27	-416.94
Gain (Loss) on Sale of Investments	-	-	451.56	-	-
Gain (Loss) on Sale of Assets	-	4.45	0.55	2.81	10.24
Asset Writedown	-	-20.76	-	-1.59	-86.32
Pretax Income	806.76	856.73	248.49	-129.06	-493.03
Income Tax Expense	389.67	465.68	228.27	246.18	-133.11
Earnings From Continuing Operations	417.09	391.06	20.22	-375.24	-359.92
Minority Interest in Earnings	103.55	83.18	57.45	49.75	59.94
Net Income	520.64	474.23	77.67	-325.5	-299.97
Net Income to Common	520.64	474.23	77.67	-325.5	-299.97
Net Income Growth	9.79%	510.56%	-	-	-
Shares Outstanding (Basic)	9,000	4,696	4,696	4,696	4,696
Shares Outstanding (Diluted)	9,000	4,696	4,696	4,696	4,696
Shares Change (YoY)	91.65%	-	-	-	-
EPS (Basic)	0.06	0.10	0.02	-0.07	-0.06
EPS (Diluted)	0.06	0.10	0.02	-0.07	-0.06
EPS Growth	-42.76%	512.03%	-	-	-
Free Cash Flow	-770.56	-122.76	257.35	-3,739	1,218
Free Cash Flow Per Share	-0.09	-0.03	0.06	-0.80	0.26
Dividend Per Share	0.030	-	-	-	-
Gross Margin	20.90%	28.97%	18.79%	19.34%	22.00%
Operating Margin	7.75%	7.97%	-1.82%	-0.13%	-9.69%
Profit Margin	2.95%	3.19%	0.80%	-6.42%	-9.02%
Free Cash Flow Margin	-4.37%	-0.83%	2.67%	-73.80%	36.63%
EBITDA	1,545	1,333	13.13	99.26	-205.6
EBITDA Margin	8.75%	8.98%	0.14%	1.96%	-6.18%
D&A For EBITDA	177.1	150.69	188.6	105.94	116.65
EBIT	1,368	1,183	-175.47	-6.68	-322.25
EBIT Margin	7.75%	7.97%	-1.82%	-0.13%	-9.69%
Effective Tax Rate	48.30%	54.35%	91.86%	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.