Fidson Healthcare 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	119,061	84,189	53,050	40,634	30,861
Revenue Growth (YoY)	41.42%	58.70%	30.56%	31.67%	68.86%
Cost of Revenue	70,837	49,731	32,260	23,667	16,061
Gross Profit	48,224	34,458	20,790	16,967	14,800
Selling, General & Admin	22,604	16,186	11,802	9,583	9,534
Other Operating Expenses	-884.28	-610.97	-488.78	-783.26	-513.29
Operating Expenses	21,896	15,876	11,541	8,754	9,021
Operating Income	26,328	18,582	9,249	8,213	5,779
Interest Expense	-7,101	-5,494	-2,102	-1,773	-1,222
Interest & Investment Income	144.32	60.02	23.01	65.42	77.72
Currency Exchange Gain (Loss)	-5,510	-5,449	-1,261	-758.6	-
Other Non Operating Income (Expenses)	0	-	-	-	-
EBT Excluding Unusual Items	13,861	7,700	5,909	5,747	4,634
Gain (Loss) on Sale of Assets	31.31	0.91	8.29	34.23	83.26
Pretax Income	13,892	7,700	5,917	5,781	4,718
Income Tax Expense	4,584	1,921	2,310	1,594	997.73
Net Income	9,308	5,779	3,608	4,187	3,720
Net Income to Common	9,308	5,779	3,608	4,187	3,720
Net Income Growth	61.05%	60.20%	-13.84%	12.56%	208.70%
Shares Outstanding (Basic)	2,399	2,295	2,295	2,295	2,295
Shares Outstanding (Diluted)	2,399	2,295	2,295	2,295	2,295
Shares Change (YoY)	4.53%	-	-	-	-
EPS (Basic)	3.88	2.52	1.57	1.82	1.62
EPS (Diluted)	3.88	2.52	1.57	1.82	1.62
EPS Growth	54.07%	60.20%	-13.84%	12.56%	208.70%
Free Cash Flow	5,608	-4,198	-2,898	-2,873	2,234
Free Cash Flow Per Share	2.34	-1.83	-1.26	-1.25	0.97
Dividend Per Share	-	1.000	0.600	0.550	0.455
Dividend Growth	-	66.67%	9.09%	21.01%	99.96%
Gross Margin	40.50%	40.93%	39.19%	41.76%	47.96%
Operating Margin	22.11%	22.07%	17.44%	20.21%	18.73%
Profit Margin	7.82%	6.87%	6.80%	10.30%	12.05%
Free Cash Flow Margin	4.71%	-4.99%	-5.46%	-7.07%	7.24%
EBITDA	28,567	20,215	10,458	9,110	6,474
EBITDA Margin	23.99%	24.01%	19.71%	22.42%	20.98%
D&A For EBITDA	2,239	1,632	1,209	897.42	695.39
EBIT	26,328	18,582	9,249	8,213	5,779
EBIT Margin	22.11%	22.07%	17.44%	20.21%	18.73%
Effective Tax Rate	33.00%	24.95%	39.03%	27.58%	21.15%
Advertising Expenses	1,424	626.93	1,183	1,400	663.26

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