International Breweries Plc (NGX:INTBREW)

Nigeria · Delayed Price · Currency is NGN

10.30

-0.70 (-6.36%)

At close: Aug 13, 2026

International Breweries Financials Overview

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

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Revenue	620,120	619,042	488,956	260,598	218,650	182,298
Revenue Growth	2.20%	26.61%	87.63%	19.18%	19.94%	33.27%
Gross Profit	229,353	209,641	131,350	86,268	73,575	46,305
Operating Income	93,092	84,802	22,427	-3,037	-7,230	-7,504
Net Income	47,940	50,914	-113,615	-70,026	-21,626	-17,657
Earnings Per Share	0.28	0.30	-1.16	-2.61	-0.81	-0.66
EPS Growth	39.13%	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Cash & Investments	171,076	155,244	139,985	123,492	115,046	132,544
Total Debt	51,338	45,911	32,497	394,431	210,492	184,738
Net Cash (Debt)	119,738	109,332	107,488	-270,938	-95,446	-52,194
Net Cash Growth	106.06%	1.72%	-	-	-	-
Net Cash Per Share	0.71	0.65	1.10	-10.09	-3.55	-1.94

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Operating Cash Flow	202,993	139,316	148,926	78,594	42,667	52,042
Capital Expenditures	-108,431	-111,133	-71,694	-45,793	-58,591	-27,956
Free Cash Flow	94,562	28,183	77,231	32,802	-15,924	24,085
Free Cash Flow Growth	20.92%	-63.51%	135.45%	-	-	-27.01%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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
Gross Margin	36.98%	33.87%	26.86%	33.10%	33.65%	25.40%
Operating Margin	15.01%	13.70%	4.59%	-1.17%	-3.31%	-4.12%
Pretax Margin	16.48%	14.37%	-22.87%	-37.32%	-12.28%	-10.88%
Profit Margin	7.73%	8.22%	-23.24%	-26.87%	-9.89%	-9.69%
FCF Margin	15.25%	4.55%	15.79%	12.59%	-7.28%	13.21%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 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
PE Ratio	36.16	46.28	-	-	-	-
Forward PE	16.01	18.39	46.84	46.84	216.59	42.14
P/FCF Ratio	18.33	83.60	12.09	3.93	-	5.52
PS Ratio	2.80	3.81	1.91	0.50	0.58	0.73