Meyer Plc (NGX:MEYER)

Meyer Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,501	2,051	1,576	1,521	1,326	1,395
Cash & Short-Term Investments	2,501	2,051	1,576	1,521	1,326	1,395
Cash Growth	38.01%	30.11%	3.61%	14.72%	-4.96%	-41.58%
Accounts Receivable	432.75	370.67	488.3	334.1	115.56	149.8
Other Receivables	-	0.51	3.33	0.74	4.93	0.64
Receivables	432.75	371.18	491.64	334.84	120.49	150.44
Inventory	470.86	521.95	379.39	194.12	134.39	89.85
Prepaid Expenses	-	9.87	3.81	8.32	7.04	4.09
Other Current Assets	-	31.52	37.71	52.86	27.52	39.74
Total Current Assets	3,405	2,986	2,489	2,112	1,616	1,680
Property, Plant & Equipment	401.15	414.61	332.97	340.48	322.91	337.81
Other Intangible Assets	19.7	16.45	18.55	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	5.96
Other Long-Term Assets	-	-0	-	-0	-	-
Total Assets	3,826	3,417	2,840	2,452	1,939	2,023

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,111	387.05	288.78	230.29	153.88	213.96
Accrued Expenses	-	66.03	105.68	113.85	87.74	131.77
Short-Term Debt	1.81	-	-	-	-	1.81
Current Portion of Long-Term Debt	-	1.81	1.81	1.81	-	-
Current Portion of Leases	-	-	3.97	16.52	9.14	4.8
Current Income Taxes Payable	290.64	215.72	141.82	114.93	10.25	458.77
Other Current Liabilities	-0	564.75	422	254.62	187.02	130.7
Total Current Liabilities	1,404	1,235	964.06	732.02	448.03	941.81
Long-Term Debt	-	-	-	-	1.81	-
Long-Term Leases	-	-	-	5.78	9.14	-
Pension & Post-Retirement Benefits	7.62	7.62	7.84	13.67	14.99	17.09
Long-Term Deferred Tax Liabilities	17.69	17.69	22.89	4.53	4.53	-
Other Long-Term Liabilities	15.14	15.14	15.14	11.65	11.65	9.6
Total Liabilities	1,444	1,276	1,010	767.65	490.15	968.5

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	248.86	248.86	248.86	248.86	248.86	248.86
Additional Paid-In Capital	53.17	53.17	53.17	53.17	53.17	53.17
Retained Earnings	2,078	1,838	1,526	1,380	1,144	750.35
Total Common Equity	2,380	2,140	1,828	1,682	1,446	1,052
Minority Interest	1.89	1.06	2.45	2.44	2.44	2.44
Shareholders' Equity	2,381	2,141	1,830	1,684	1,448	1,055
Total Liabilities & Equity	3,826	3,417	2,840	2,452	1,939	2,023

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1.81	1.81	5.78	24.11	20.09	6.61
Net Cash (Debt)	2,499	2,049	1,571	1,497	1,306	1,389
Net Cash Growth	38.05%	30.48%	4.89%	14.64%	-5.95%	-40.59%
Net Cash Per Share	5.01	4.12	3.16	3.01	2.62	2.89
Filing Date Shares Outstanding	495.2	497.73	497.73	497.73	497.73	497.73
Total Common Shares Outstanding	495.2	497.73	497.73	497.73	497.73	497.73
Working Capital	2,001	1,750	1,525	1,380	1,168	737.75
Book Value Per Share	4.81	4.30	3.67	3.38	2.91	2.11
Tangible Book Value	2,360	2,123	1,809	1,682	1,446	1,052
Tangible Book Value Per Share	4.77	4.27	3.64	3.38	2.91	2.11
Buildings	-	0.51	0.51	0.51	0.51	2.53
Machinery	-	529.5	491.51	474.97	431.02	428.89
Construction In Progress	-	248.89	248.89	248.89	252.29	244.55

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 1, 2026

Data Sources Report a data error