Japaul Gold & Ventures 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	4,457	4,103	2,578	1,361	434.05
Revenue Growth (YoY)	8.62%	59.16%	89.48%	213.45%	-37.06%
Cost of Revenue	1,800	1,994	1,545	1,302	950.7
Gross Profit	2,657	2,110	1,033	58.58	-516.65
Selling, General & Admin	1,637	538.58	493.17	390.57	400.77
Other Operating Expenses	-98.05	-46.68	-134.24	-416.74	-89.91
Operating Expenses	1,539	498.17	413.1	-20	316.67
Operating Income	1,118	1,611	619.5	78.58	-833.32
Interest Expense	-4.42	-	-	-	-229.97
Interest & Investment Income	-	-	-	-	0.1
Currency Exchange Gain (Loss)	-	0	-1,239	3	62.32
Other Non Operating Income (Expenses)	0	-3.4	-1.58	-0.98	-1.26
EBT Excluding Unusual Items	1,113	1,608	-621.36	80.6	-1,002
Gain (Loss) on Sale of Assets	-	196.19	-0.67	110.97	-659.45
Asset Writedown	-	-	-	-	-1,427
Pretax Income	1,113	1,804	-622.02	191.56	-3,089
Income Tax Expense	-	123.78	52.02	35.58	17.13
Earnings From Continuing Operations	1,113	1,680	-674.04	155.98	-3,106
Net Income to Company	1,113	1,680	-674.04	155.98	-3,106
Net Income	1,113	1,680	-674.04	155.98	-3,106
Net Income to Common	1,113	1,680	-674.04	155.98	-3,106
Net Income Growth	-33.75%	-	-	-	-
Shares Outstanding (Basic)	14,263	14,263	6,263	6,263	6,263
Shares Outstanding (Diluted)	14,263	14,263	6,263	6,263	6,263
Shares Change (YoY)	-	127.74%	-	-	-
EPS (Basic)	0.08	0.12	-0.11	0.02	-0.50
EPS (Diluted)	0.08	0.12	-0.11	0.02	-0.50
EPS Growth	-33.75%	-	-	-	-
Free Cash Flow	681.59	-7,056	-252	-234.27	-1,409
Free Cash Flow Per Share	0.05	-0.49	-0.04	-0.04	-0.23
Dividend Per Share	-	0.040	-	-	-
Gross Margin	59.61%	51.41%	40.05%	4.31%	-119.03%
Operating Margin	25.08%	39.27%	24.03%	5.78%	-191.99%
Profit Margin	24.98%	40.96%	-26.15%	11.46%	-715.51%
Free Cash Flow Margin	15.29%	-171.95%	-9.78%	-17.22%	-324.69%
EBITDA	1,368	1,882	893.3	356.92	-463.07
EBITDA Margin	30.69%	45.87%	34.65%	26.23%	-106.69%
D&A For EBITDA	250	270.79	273.8	278.34	370.24
EBIT	1,118	1,611	619.5	78.58	-833.32
EBIT Margin	25.08%	39.27%	24.03%	5.78%	-191.99%
Effective Tax Rate	-	6.86%	-	18.57%	-

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