CWG Plc (NGX:CWG)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
15.60
-0.90 (-5.45%)
At close: Nov 4, 2026

CWG Plc Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
79,77665,55846,35323,52914,20711,709
Revenue Growth
31.85%41.43%97.00%65.62%21.33%-0.06%
Gross Profit
16,16615,5379,7054,6323,7252,803
Operating Income
7,9017,8654,4121,356987.11736.03
Net Income
4,4064,9753,044576.08476.8449.64
Earnings Per Share
-1.971.210.230.190.18
EPS Growth
-63.44%428.41%20.85%6.02%1.47%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
IT Infrastructure Services
23,59412,75311,7034,8213,666
Managed and Support Services
18,78214,5507,0635,1545,313
Software
21,33616,4273,8133,4402,183
Platform Business
1,8392,176862.95729.14507.08
Communications & Integrated
6.9447.4586.7962.5538.94
Total
65,55846,35323,52914,20711,709

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
10,1595,2046,0451,795922.25916.82
Total Debt
941.384,6172,0382,4121,865225.85
Net Cash (Debt)
9,218586.644,007-617.66-942.93690.97
Net Cash Growth
70.10%-85.36%---34.25%
Net Cash Per Share
-0.231.59-0.24-0.370.27

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
4,306-2,1685,8061,104-1,012469.45
Capital Expenditures
-183.48-544.8-512.09-241.17-239.69-137.28
Free Cash Flow
4,122-2,7135,293862.42-1,251332.17
Free Cash Flow Growth
-47.19%-513.79%---66.27%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
20.26%23.70%20.94%19.68%26.22%23.94%
Operating Margin
9.90%12.00%9.52%5.76%6.95%6.29%
Pretax Margin
10.36%12.02%9.53%4.81%5.22%5.26%
Profit Margin
5.52%7.59%6.57%2.45%3.36%3.84%
FCF Margin
5.17%-4.14%11.42%3.67%-8.81%2.84%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
0.7000.7000.3900.1600.040
Dividend Per Share Growth
79.49%79.49%143.75%300.00%-
Dividend Yield
4.49%3.89%5.07%1.93%3.96%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.949.146.3936.385.356.29
P/FCF Ratio
9.55-3.6724.30-8.51
PS Ratio
0.490.690.420.890.180.24