CWG Plc (NGX:CWG)
22.85
+1.90 (9.07%)
At close: Apr 14, 2026
CWG Plc 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 |
| 65,558 | 46,353 | 23,529 | 14,207 | 11,709 | |
Revenue Growth (YoY) | 41.43% | 97.00% | 65.62% | 21.33% | -0.06% |
Cost of Revenue | 50,021 | 36,648 | 18,898 | 10,482 | 8,905 |
Gross Profit | 15,537 | 9,705 | 4,632 | 3,725 | 2,803 |
Selling, General & Admin | 6,821 | 4,941 | 3,044 | 2,404 | 1,865 |
Research & Development | - | - | - | - | 9.19 |
Amortization of Goodwill & Intangibles | 11.25 | 9.76 | 12.38 | 80.09 | 76.1 |
Operating Expenses | 7,672 | 5,293 | 3,276 | 2,737 | 2,067 |
Operating Income | 7,865 | 4,412 | 1,356 | 987.11 | 736.03 |
Interest Expense | -61.1 | -95.51 | -84.13 | -55.92 | -48.54 |
Interest & Investment Income | 421.21 | 62.64 | 15.05 | 5.55 | 9.4 |
Currency Exchange Gain (Loss) | -605.22 | 18.74 | -182.03 | -219.67 | -186.87 |
Other Non Operating Income (Expenses) | 259.34 | 42.71 | 17.01 | 19.88 | 101.04 |
EBT Excluding Unusual Items | 7,879 | 4,441 | 1,122 | 736.96 | 611.07 |
Gain (Loss) on Sale of Investments | - | -23.88 | -0.03 | -0.22 | - |
Gain (Loss) on Sale of Assets | 0.08 | 0.06 | 10.04 | 4.64 | 5.36 |
Pretax Income | 7,879 | 4,417 | 1,132 | 741.39 | 616.43 |
Income Tax Expense | 2,904 | 1,373 | 555.83 | 264.58 | 166.79 |
Net Income | 4,975 | 3,044 | 576.08 | 476.8 | 449.64 |
Net Income to Common | 4,975 | 3,044 | 576.08 | 476.8 | 449.64 |
Net Income Growth | 63.44% | 428.41% | 20.82% | 6.04% | 1.46% |
Shares Outstanding (Basic) | 2,525 | 2,525 | 2,525 | 2,525 | 2,525 |
Shares Outstanding (Diluted) | 2,525 | 2,525 | 2,525 | 2,525 | 2,525 |
EPS (Basic) | 1.97 | 1.21 | 0.23 | 0.19 | 0.18 |
EPS (Diluted) | 1.97 | 1.21 | 0.23 | 0.19 | 0.18 |
EPS Growth | 63.44% | 428.41% | 20.85% | 6.02% | 1.47% |
Free Cash Flow | -2,713 | 5,293 | 862.42 | -1,251 | 332.17 |
Free Cash Flow Per Share | -1.07 | 2.10 | 0.34 | -0.50 | 0.13 |
Dividend Per Share | 0.700 | 0.390 | 0.160 | 0.040 | - |
Dividend Growth | 79.49% | 143.75% | 300.00% | - | - |
Gross Margin | 23.70% | 20.94% | 19.68% | 26.22% | 23.94% |
Operating Margin | 12.00% | 9.52% | 5.76% | 6.95% | 6.29% |
Profit Margin | 7.59% | 6.57% | 2.45% | 3.36% | 3.84% |
Free Cash Flow Margin | -4.14% | 11.42% | 3.67% | -8.81% | 2.84% |
EBITDA | 8,258 | 4,664 | 1,534 | 1,132 | 821.94 |
EBITDA Margin | 12.60% | 10.06% | 6.52% | 7.97% | 7.02% |
D&A For EBITDA | 393.33 | 251.89 | 178.16 | 145 | 85.91 |
EBIT | 7,865 | 4,412 | 1,356 | 987.11 | 736.03 |
EBIT Margin | 12.00% | 9.52% | 5.76% | 6.95% | 6.29% |
Effective Tax Rate | 36.86% | 31.09% | 49.10% | 35.69% | 27.06% |
Advertising Expenses | 510.85 | 287.65 | 103.23 | 92.82 | 50.45 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.