Geregu Power Plc (NGX:GEREGU)

Hibbett Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	144,082	137,127	82,909	47,619	70,957	53,677
Revenue Growth (YoY)	11.79%	65.39%	74.11%	-32.89%	32.19%	27.30%
Operations & Maintenance	1,823	1,564	6,572	273.31	253.67	539.14
Selling, General & Admin	4,607	4,349	2,959	1,578	2,223	1,521
Depreciation & Amortization	409.39	436.07	423.91	302.61	185.04	126.99
Amortization of Goodwill & Intangibles	-	-	4.69	6.52	6.52	-
Provision for Bad Debts	4,268	9,447	-723.51	3,559	743.37	673.48
Other Operating Expenses	90,528	77,657	43,200	27,013	39,598	32,383
Total Operating Expenses	101,635	93,454	52,436	32,732	43,010	35,244
Operating Income	42,448	43,673	30,473	14,887	27,947	18,432
Interest Expense	-12,179	-10,227	-10,831	-7,326	-959.08	-26.95
Interest Income	7,378	8,540	7,798	7,674	948.06	1,572
Net Interest Expense	-4,801	-1,687	-3,033	348.16	-11.01	1,545
Currency Exchange Gain (Loss)	-124.18	-619.09	502.27	157.25	1,649	525.55
Other Non-Operating Income (Expenses)	-142.65	-146.67	-3,784	-55.11	-71.65	-15.36
EBT Excluding Unusual Items	37,380	41,221	24,157	15,337	29,513	20,488
Gain (Loss) on Sale of Assets	-	-	-	-	-0.73	-
Insurance Settlements	-	-	-	-	-	161.23
Other Unusual Items	45.54	45.54	232.44	-168.71	-	-
Pretax Income	37,425	41,266	24,390	15,168	29,512	20,649
Income Tax Expense	9,832	13,841	8,337	4,997	8,962	6,523
Net Income	27,593	27,425	16,053	10,171	20,550	14,125
Net Income to Common	27,593	27,425	16,053	10,171	20,550	14,125
Net Income Growth	-1.49%	70.84%	57.82%	-50.51%	45.49%	35.91%
Shares Outstanding (Basic)	2,500	2,500	2,500	2,500	2,500	2,500
Shares Outstanding (Diluted)	2,500	2,500	2,500	2,500	2,500	2,500
EPS (Basic)	11.04	10.97	6.42	4.07	8.22	5.65
EPS (Diluted)	11.03	10.97	6.42	4.07	8.22	5.65
EPS Growth	-1.56%	70.84%	57.82%	-50.51%	45.49%	35.91%
Free Cash Flow	18,911	-9,950	54,613	7,835	25,849	2,755
Free Cash Flow Per Share	7.56	-3.98	21.84	3.13	10.34	1.10
Dividend Per Share	8.500	8.500	8.000	8.000	-	-
Dividend Growth	6.25%	6.25%	-	-	-	-
Profit Margin	19.15%	20.00%	19.36%	21.36%	28.96%	26.32%
Free Cash Flow Margin	13.13%	-7.26%	65.87%	16.45%	36.43%	5.13%
EBITDA	51,460	48,641	33,052	17,443	32,559	22,707
EBITDA Margin	35.72%	35.47%	39.87%	36.63%	45.88%	42.30%
D&A For EBITDA	9,013	4,968	2,579	2,556	4,611	4,275
EBIT	42,448	43,673	30,473	14,887	27,947	18,432
EBIT Margin	29.46%	31.85%	36.75%	31.26%	39.39%	34.34%
Effective Tax Rate	26.27%	33.54%	34.18%	32.94%	30.37%	31.59%

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