Guinness Nigeria Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Revenue	491,641	487,206	79,187	299,490	229,441	206,822
Revenue Growth (YoY)	34.39%	515.26%	-73.56%	30.53%	10.94%	28.93%
Cost of Revenue	339,033	333,551	55,388	208,031	151,308	134,159
Gross Profit	152,607	153,655	23,799	91,459	78,133	72,663
Selling, General & Admin	94,587	94,545	20,722	69,386	58,471	51,211
Other Operating Expenses	-448.86	-174.58	-112.38	-1,595	-2,016	-1,046
Operating Expenses	94,138	94,370	20,610	67,791	56,464	50,069
Operating Income	58,470	59,285	3,189	23,667	21,669	22,594
Interest Expense	-11,994	-17,292	-	-8,411	-4,016	-691.55
Interest & Investment Income	435.82	435.82	-	2,474	2,265	1,024
Currency Exchange Gain (Loss)	3,131	3,131	-	-92,992	-43,571	-403.49
Other Non Operating Income (Expenses)	1,005	19.98	-16,413	-	-	-
EBT Excluding Unusual Items	51,047	45,580	-13,224	-75,262	-23,653	22,523
Gain (Loss) on Sale of Assets	14.51	14.51	-	1,583	1,514	1,693
Asset Writedown	-	-	-	-	-	-542.82
Pretax Income	51,062	45,595	-13,224	-73,680	-22,139	23,674
Income Tax Expense	20,254	18,153	-20,109	-18,913	-3,971	8,023
Net Income	30,807	27,442	6,885	-54,767	-18,168	15,651
Net Income to Common	30,807	27,442	6,885	-54,767	-18,168	15,651
Net Income Growth	-	298.56%	-	-	-	1146.79%
Shares Outstanding (Basic)	2,191	2,190	2,190	2,190	2,190	2,190
Shares Outstanding (Diluted)	2,191	2,190	2,190	2,190	2,190	2,190
Shares Change (YoY)	-0.08%	-	-	-	-	-
EPS (Basic)	14.06	12.53	3.14	-25.00	-8.29	7.15
EPS (Diluted)	14.06	12.53	3.14	-25.00	-8.29	7.15
EPS Growth	-	298.56%	-	-	-	1146.79%
Free Cash Flow	-4,840	-4,945	12,264	-1,251	24,463	18,586
Free Cash Flow Per Share	-2.21	-2.26	5.60	-0.57	11.17	8.48
Dividend Per Share	-	-	-	-	-	7.140
Dividend Growth	-	-	-	-	-	1452.17%
Gross Margin	31.04%	31.54%	30.05%	30.54%	34.05%	35.13%
Operating Margin	11.89%	12.17%	4.03%	7.90%	9.44%	10.92%
Profit Margin	6.27%	5.63%	8.70%	-18.29%	-7.92%	7.57%
Free Cash Flow Margin	-0.98%	-1.01%	15.49%	-0.42%	10.66%	8.99%
EBITDA	72,203	72,004	14,803	33,547	30,929	31,060
EBITDA Margin	14.69%	14.78%	18.69%	11.20%	13.48%	15.02%
D&A For EBITDA	13,733	12,719	11,614	9,880	9,260	8,465
EBIT	58,470	59,285	3,189	23,667	21,669	22,594
EBIT Margin	11.89%	12.17%	4.03%	7.90%	9.44%	10.92%
Effective Tax Rate	39.67%	39.81%	-	-	-	33.89%
Advertising Expenses	-	-	-	27,690	20,621	20,267

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.