Eterna 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	302,517	313,616	183,282	116,472	82,198
Revenue Growth (YoY)	-3.54%	71.11%	57.36%	41.70%	39.99%
Cost of Revenue	291,770	275,080	167,268	108,066	78,325
Gross Profit	10,747	38,536	16,015	8,407	3,873
Selling, General & Admin	10,977	8,284	7,405	5,419	3,958
Other Operating Expenses	-9,385	-62.91	-44.63	-232.42	-218.72
Operating Expenses	1,592	10,608	8,128	5,500	3,847
Operating Income	9,155	27,927	7,887	2,907	25.65
Interest Expense	-2,417	-7,654	-1,495	-690.27	-1,182
Interest & Investment Income	13.06	5.01	39.67	41.05	9.09
Currency Exchange Gain (Loss)	107.67	-15,795	-18,404	-159.74	210.01
Other Non Operating Income (Expenses)	-0	-	-	0	-
EBT Excluding Unusual Items	6,858	4,484	-11,972	2,098	-937.22
Gain (Loss) on Sale of Assets	-	-	-	-	0.8
Asset Writedown	-	-	-2.12	-	-
Pretax Income	6,858	4,484	-11,974	2,098	-936.42
Income Tax Expense	4,575	3,135	-2,541	1,086	163.72
Earnings From Continuing Operations	2,283	1,349	-9,433	1,012	-1,100
Minority Interest in Earnings	-	-	0	0.04	0
Net Income	2,283	1,349	-9,433	1,012	-1,100
Net Income to Common	2,283	1,349	-9,433	1,012	-1,100
Net Income Growth	69.31%	-	-	-	-
Shares Outstanding (Basic)	1,304	1,304	1,304	1,304	1,304
Shares Outstanding (Diluted)	1,304	1,304	1,304	1,304	1,304
EPS (Basic)	1.75	1.03	-7.23	0.78	-0.84
EPS (Diluted)	1.75	1.03	-7.23	0.78	-0.84
EPS Growth	69.90%	-	-	-	-
Free Cash Flow	-12,228	11,859	-4,697	867.48	-1,958
Free Cash Flow Per Share	-9.38	9.09	-3.60	0.67	-1.50
Dividend Per Share	-	-	-	0.150	-
Gross Margin	3.55%	12.29%	8.74%	7.22%	4.71%
Operating Margin	3.03%	8.91%	4.30%	2.50%	0.03%
Profit Margin	0.76%	0.43%	-5.15%	0.87%	-1.34%
Free Cash Flow Margin	-4.04%	3.78%	-2.56%	0.74%	-2.38%
EBITDA	10,343	28,927	8,801	3,731	794.63
EBITDA Margin	3.42%	9.22%	4.80%	3.20%	0.97%
D&A For EBITDA	1,188	999.54	914.12	824.33	768.98
EBIT	9,155	27,927	7,887	2,907	25.65
EBIT Margin	3.03%	8.91%	4.30%	2.50%	0.03%
Effective Tax Rate	66.71%	69.92%	-	51.75%	-

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