Mutual Benefits Assurance Plc (NGX:MBENEFIT)
Nigeria · Delayed Price · Currency is NGN 3.280
-0.010 (-0.30%)
At close: Aug 10, 2026
Mutual Benefits Assurance Financials Overview
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 | 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 Revenue Growth | 105,689 | 93,016 | 77,934 | 47,413 | 36,014 | 20,986 |
Revenue Growth | 18.98% | 19.35% | 64.37% | 31.65% | 71.61% | -9.77% |
Operating Income Operating Income Growth | 16,797 | 19,047 | 7,482 | 8,935 | 5,716 | -3,381 |
Net Income Net Income Growth | 13,248 | 16,232 | 10,751 | 5,847 | 954.62 | -5,575 |
Earnings Per Share EPS Growth | 0.66 | 0.81 | 0.54 | 0.29 | 0.05 | -0.36 |
EPS Growth | -31.67% | 50.98% | 83.86% | 512.55% | - | - |
| 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 |
Assurance Business - Mutual Plc Nigeria Assurance Business - Mutual Plc Nigeria Growth | 55,269 | 40,489 | 22,198 | 15,917 | 9,596 |
Assurance Business - Mutual Ltd Nigeria Assurance Business - Mutual Ltd Nigeria Growth | 20,151 | 17,826 | 14,760 | 11,966 | 6,227 |
Assurance Business - Mutual Niger Assurance Business - Mutual Niger Growth | 13,279 | 12,665 | 5,068 | 3,355 | 2,787 |
Assurance Business - Mutual Liberia Assurance Business - Mutual Liberia Growth | 1,870 | 3,876 | 1,792 | 590.91 | 865.04 |
Real Estate Mutual Homes Real Estate Mutual Homes Growth | 2.22 | - | 1.61 | -43.1 | - |
Microfinance Mutual Microfinance Microfinance Mutual Microfinance Growth | 646.43 | 927.29 | 593.63 | 572.96 | 95.71 |
Oil & Gas Mutual Exp. & Prod. LTD Oil & Gas Mutual Exp. & Prod. LTD Growth | 9.77 | - | - | - | - |
Elimination Adjustment Elimination Adjustment Growth | - | 0 | 2.23 | -101.93 | -0 |
Total Total Growth | 91,228 | 75,783 | 44,417 | 32,257 | 19,571 |
| 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 Cash & Investments Growth | 40,992 | 38,353 | 49,165 | 33,601 | 18,751 | 14,164 |
Total Debt Total Debt Growth | 400.87 | 400.87 | 400.87 | 400.87 | 400.87 | 2,338 |
Net Cash (Debt) Net Cash Growth | 40,592 | 37,952 | 48,764 | 33,201 | 18,350 | 11,826 |
Net Cash Growth | -19.23% | -22.17% | 46.88% | 80.93% | 55.16% | 57.05% |
Net Cash Per Share Net Cash Per Share Growth | 2.04 | 1.89 | 2.43 | 1.65 | 0.91 | 0.76 |
| 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 Operating Cash Flow Growth | -449.49 | 6,935 | 9,689 | 7,662 | 4,253 | 1,811 |
Capital Expenditures CapEx Growth | -1,198 | -526.63 | -1,104 | -451.64 | -260.65 | -240.11 |
Free Cash Flow Free Cash Flow Growth | -1,648 | 6,408 | 8,584 | 7,211 | 3,992 | 1,571 |
Free Cash Flow Growth | - | -25.35% | 19.05% | 80.63% | 154.18% | -25.84% |
| 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 Margin | 15.89% | 20.48% | 9.60% | 18.84% | 15.87% | -16.11% |
Pretax Margin | 14.97% | 19.09% | 15.45% | 13.25% | 4.48% | -26.64% |
Profit Margin | 12.53% | 17.45% | 13.79% | 12.33% | 2.65% | -26.57% |
FCF Margin | -1.56% | 6.89% | 11.02% | 15.21% | 11.09% | 7.48% |
| Fiscal Year | Current | FY 2025 | FY 2024 |
|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 |
Dividend Per Share Dividend Per Share Growth | 0.040 | 0.040 | 0.020 |
Dividend Per Share Growth | 100.00% | 100.00% | - |
Dividend Yield | 1.22% | 1.31% | 3.36% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 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 | 4.93 | 3.83 | 1.14 | 1.82 | 5.67 | - |
P/FCF Ratio | - | 9.70 | 1.43 | 1.48 | 1.36 | 4.22 |
PS Ratio | 0.62 | 0.67 | 0.16 | 0.22 | 0.15 | 0.32 |