eTranzact International Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	32,514	30,610	29,896	33,905	22,542	23,585
Revenue Growth (YoY)	10.66%	2.39%	-11.82%	50.41%	-4.42%	3.79%
Cost of Revenue	17,835	16,299	18,537	25,585	16,861	20,780
Gross Profit	14,680	14,311	11,359	8,320	5,681	2,805
Selling, General & Admin	10,744	10,161	6,801	5,210	3,825	2,408
Operating Expenses	10,819	10,237	6,695	5,138	4,046	2,422
Operating Income	3,860	4,074	4,664	3,183	1,635	382.94
Interest Expense	-8.17	-10.26	-18.78	-38.42	-29.82	-34.2
Interest & Investment Income	294.39	258.9	242.92	94.06	47.62	111.35
Currency Exchange Gain (Loss)	-1.24	-1.24	10.97	6.16	-	23.91
Other Non Operating Income (Expenses)	-122.55	-122.55	-1.82	-50.28	-44.44	-50.7
EBT Excluding Unusual Items	4,023	4,199	4,897	3,194	1,609	433.3
Gain (Loss) on Sale of Assets	-	-	-	2.19	0.4	102.74
Pretax Income	4,023	4,199	4,897	3,196	1,609	536.04
Income Tax Expense	1,677	1,729	1,504	994.68	434.23	80.29
Net Income	2,346	2,470	3,393	2,202	1,175	455.75
Net Income to Common	2,346	2,470	3,393	2,202	1,175	455.75
Net Income Growth	-36.51%	-27.22%	54.12%	87.39%	157.81%	-
Shares Outstanding (Basic)	-	9,200	9,200	9,200	7,302	6,123
Shares Outstanding (Diluted)	-	9,200	9,200	9,200	7,302	6,123
Shares Change (YoY)	-	-	-	25.99%	19.26%	45.78%
EPS (Basic)	-	0.27	0.37	0.24	0.16	0.07
EPS (Diluted)	-	0.27	0.37	0.24	0.16	0.07
EPS Growth	-	-27.22%	54.12%	48.74%	116.17%	-
Free Cash Flow	-22,074	1,840	1,081	1,570	-5,221	-1,664
Free Cash Flow Per Share	-	0.20	0.12	0.17	-0.71	-0.27
Dividend Per Share	-	-	0.125	-	-	-
Gross Margin	45.15%	46.75%	38.00%	24.54%	25.20%	11.89%
Operating Margin	11.87%	13.31%	15.60%	9.39%	7.26%	1.62%
Profit Margin	7.22%	8.07%	11.35%	6.49%	5.21%	1.93%
Free Cash Flow Margin	-67.89%	6.01%	3.62%	4.63%	-23.16%	-7.05%
EBITDA	5,110	5,269	5,323	3,687	1,974	675.94
EBITDA Margin	15.72%	17.21%	17.80%	10.87%	8.76%	2.87%
D&A For EBITDA	1,250	1,195	658.8	503.79	338.29	293
EBIT	3,860	4,074	4,664	3,183	1,635	382.94
EBIT Margin	11.87%	13.31%	15.60%	9.39%	7.26%	1.62%
Effective Tax Rate	41.68%	41.19%	30.71%	31.12%	26.98%	14.98%

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