HBM Nigeria Plc (NGX:HBMNG)
Nigeria · Delayed Price · Currency is NGN 325.00
+8.90 (2.82%)
At close: Nov 13, 2026
HBM 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 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
| 1,214,067 | 1,066,305 | 696,758 | 405,503 | 373,245 | 293,086 | |
Revenue Growth | 21.68% | 53.04% | 71.83% | 8.64% | 27.35% | 27.11% |
Cost of Revenue | 498,350 | 450,061 | 350,931 | 199,129 | 177,235 | 145,806 |
Gross Profit | 715,717 | 616,243 | 345,826 | 206,374 | 196,010 | 147,280 |
Selling, General & Admin | 236,700 | 225,110 | 156,414 | 103,317 | 110,216 | 76,185 |
Other Operating Expenses | 2,597 | 2,400 | 1,750 | 1,512 | 1,466 | 1,536 |
Operating Expenses | 239,229 | 228,074 | 158,487 | 104,797 | 112,114 | 77,746 |
Operating Income | 476,489 | 388,169 | 187,339 | 101,576 | 83,896 | 69,534 |
Interest Expense | - | -256.32 | -1,429 | -562.4 | -766.86 | -3,764 |
Interest & Investment Income | 45,320 | 25,080 | 2,062 | 4,654 | 1,487 | 527.49 |
Earnings From Equity Investments | - | - | - | - | - | 683.31 |
Currency Exchange Gain (Loss) | -4,599 | -666.74 | -24,271 | -21,045 | -13,129 | 1,186 |
Other Non Operating Income (Expenses) | -4,759 | -5,025 | -16,819 | -4,333 | -1,767 | -1,334 |
EBT Excluding Unusual Items | 512,451 | 407,301 | 146,882 | 80,290 | 69,720 | 66,833 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 133.92 |
Gain (Loss) on Sale of Assets | 0.5 | 229.94 | 965.96 | 404.97 | 24.6 | 89.74 |
Asset Writedown | - | - | 4,671 | - | - | -4,802 |
Pretax Income | 512,452 | 411,317 | 152,519 | 80,695 | 69,745 | 62,254 |
Income Tax Expense | 175,122 | 138,196 | 52,374 | 29,554 | 16,097 | 11,251 |
Earnings From Continuing Operations | 337,330 | 273,120 | 100,145 | 51,141 | 53,647 | 51,004 |
Net Income to Company | 337,330 | 273,120 | 100,145 | 51,141 | 53,647 | 51,004 |
Net Income | 337,330 | 273,120 | 100,145 | 51,141 | 53,647 | 51,004 |
Net Income to Common | 337,330 | 273,120 | 100,145 | 51,141 | 53,647 | 51,004 |
Net Income Growth | 36.10% | 172.72% | 95.82% | -4.67% | 5.18% | 65.37% |
Shares Outstanding (Basic) | 16,108 | 16,108 | 16,108 | 16,108 | 16,108 | 16,108 |
Shares Outstanding (Diluted) | 16,108 | 16,108 | 16,108 | 16,108 | 16,108 | 16,108 |
Shares Change | -0.01% | - | - | - | - | - |
EPS (Basic) | 20.94 | 16.96 | 6.22 | 3.17 | 3.33 | 3.17 |
EPS (Diluted) | 20.94 | 16.96 | 6.22 | 3.17 | 3.33 | 3.17 |
EPS Growth | 36.11% | 172.72% | 96.13% | -4.81% | 5.17% | 65.78% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 72,955 | 218,019 | 139,459 | 109,408 | 77,461 | 50,041 |
Free Cash Flow Per Share | 4.53 | 13.54 | 8.66 | 6.79 | 4.81 | 3.11 |
Dividend Per Share | 6.000 | 10.000 | 1.200 | 1.900 | 2.000 | 2.000 |
Dividend Growth | 15.38% | 733.33% | -36.84% | -5.00% | 0% | 100.00% |
Gross Margin | 58.95% | 57.79% | 49.63% | 50.89% | 52.52% | 50.25% |
Operating Margin | 39.25% | 36.40% | 26.89% | 25.05% | 22.48% | 23.72% |
Profit Margin | 27.79% | 25.61% | 14.37% | 12.61% | 14.37% | 17.40% |
Free Cash Flow Margin | 6.01% | 20.45% | 20.02% | 26.98% | 20.75% | 17.07% |
EBITDA | 515,932 | 420,932 | 215,284 | 126,392 | 105,234 | 93,358 |
EBITDA Margin | 42.50% | 39.48% | 30.90% | 31.17% | 28.19% | 31.85% |
D&A For EBITDA | 39,443 | 32,763 | 27,945 | 24,815 | 21,338 | 23,824 |
EBIT | 476,489 | 388,169 | 187,339 | 101,576 | 83,896 | 69,534 |
EBIT Margin | 39.25% | 36.40% | 26.89% | 25.05% | 22.48% | 23.72% |
Effective Tax Rate | 34.17% | 33.60% | 34.34% | 36.62% | 23.08% | 18.07% |
Advertising Expenses | - | 2,875 | 2,103 | 1,661 | 1,714 | 1,038 |