C & I Leasing Plc (NGX:CILEASING)

C & I Leasing Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	51,724	50,611	32,601	20,016	15,082	15,720
Other Revenue	3,154	3,126	3,808	565.69	2,065	1,609
Revenue	54,879	53,738	36,409	20,581	17,146	17,329
Revenue Growth (YoY)	41.31%	47.59%	76.90%	20.03%	-1.05%	-7.09%
Cost of Revenue	16,052	15,780	10,917	7,610	6,506	5,895
Gross Profit	38,826	37,957	25,492	12,972	10,640	11,434
Selling, General & Admin	2,761	2,764	1,755	1,518	1,521	1,325
Other Operating Expenses	1,616	1,826	2,518	1,087	912.94	1,096
Operating Expenses	17,019	16,994	12,249	7,400	5,572	6,664
Operating Income	21,807	20,963	13,242	5,572	5,068	4,769
Interest Expense	-18,074	-17,285	-10,557	-6,359	-4,740	-5,033
Earnings From Equity Investments	-	-	-	1,488	757.92	591.62
Currency Exchange Gain (Loss)	-74.1	-71.22	97.53	33.78	-29.58	148.61
Other Non Operating Income (Expenses)	-0.01	-0	-147.83	731.82	-67.16	-17.18
EBT Excluding Unusual Items	3,660	3,607	2,635	1,466	989.08	459.21
Asset Writedown	-6.75	14.5	-38.42	-	-	-
Pretax Income	3,810	3,765	2,683	1,548	1,015	541.9
Income Tax Expense	799.28	821.46	1,078	1,275	438.22	510.62
Earnings From Continuing Operations	3,011	2,944	1,605	273.33	577.27	31.28
Net Income to Company	3,011	2,944	1,605	273.33	577.27	31.28
Minority Interest in Earnings	-521.28	-418.43	-467.13	-68.91	-95.49	-55.71
Net Income	2,489	2,525	1,138	204.42	481.78	-24.43
Net Income to Common	2,489	2,525	1,138	204.42	481.78	-24.43
Net Income Growth	133.15%	121.97%	456.49%	-57.57%	-	-
Shares Outstanding (Basic)	2,949	2,949	989	1,303	1,303	1,303
Shares Outstanding (Diluted)	2,949	2,949	989	2,949	2,949	1,303
Shares Change (YoY)	198.14%	198.14%	-66.46%	-	126.34%	-55.82%
EPS (Basic)	0.84	0.86	1.15	0.16	0.37	-0.02
EPS (Diluted)	0.84	0.86	1.15	0.07	0.16	-0.02
EPS Growth	-21.80%	-25.55%	1559.74%	-57.59%	-	-
Free Cash Flow	-8,746	-1,234	12,733	7,229	3,960	773.26
Free Cash Flow Per Share	-2.97	-0.42	12.87	2.45	1.34	0.59
Dividend Per Share	-	-	0.100	0.030	-	-
Dividend Growth	-	-	233.33%	-	-	-
Gross Margin	70.75%	70.63%	70.02%	63.03%	62.05%	65.98%
Operating Margin	39.74%	39.01%	36.37%	27.07%	29.55%	27.52%
Profit Margin	4.54%	4.70%	3.12%	0.99%	2.81%	-0.14%
Free Cash Flow Margin	-15.94%	-2.30%	34.97%	35.12%	23.09%	4.46%
EBITDA	22,215	21,346	13,750	10,183	8,137	4,936
EBITDA Margin	40.48%	39.72%	37.77%	49.48%	47.46%	28.48%
D&A For EBITDA	407.83	382.85	507.97	4,611	3,070	166.58
EBIT	21,807	20,963	13,242	5,572	5,068	4,769
EBIT Margin	39.74%	39.01%	36.37%	27.07%	29.55%	27.52%
Effective Tax Rate	20.98%	21.82%	40.19%	82.34%	43.15%	94.23%
Advertising Expenses	-	133.39	17.85	5.55	8.42	7.18

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