Morison Industries Plc (NGX:MORISON)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
10.62
0.00 (0.00%)
At close: Jun 5, 2026

Morison Industries Income Statement

Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
557.52513.77287.18145.23154.86140.61
Revenue Growth (YoY)
61.09%78.90%97.75%-6.22%10.13%15.29%
Cost of Revenue
337.18317.17211.54121.6132.87108.44
Gross Profit
220.34196.675.6423.6221.9932.17
Selling, General & Admin
306.26282.15203.69156.69168.06159.27
Other Operating Expenses
-130.65-119.88-68.36-55.07-58.77-46.92
Operating Expenses
175.61162.27135.33101.62109.29112.36
Operating Income
44.7334.34-59.7-77.99-87.3-80.19
Interest Expense
-19.6-19.6-19.6-19.74-19.6-15.55
Interest & Investment Income
112.34---
EBT Excluding Unusual Items
26.1315.74-76.96-97.73-106.9-95.74
Gain (Loss) on Sale of Assets
-----2.28
Other Unusual Items
----0.49-
Pretax Income
26.1315.74-76.96-97.73-106.41-93.46
Income Tax Expense
3.433.431.790.991.070.47
Net Income
22.712.31-78.75-98.72-107.48-93.93
Net Income to Common
22.712.31-78.75-98.72-107.48-93.93
Shares Outstanding (Basic)
1,2581,256989989989989
Shares Outstanding (Diluted)
1,2581,256989989989989
Shares Change (YoY)
42.94%26.98%----
EPS (Basic)
0.020.01-0.08-0.10-0.11-0.09
EPS (Diluted)
0.020.01-0.08-0.10-0.11-0.09
Free Cash Flow
-117.932.924.1712.17-45.91
Free Cash Flow Per Share
-0.090.000.000.01-0.05
Gross Margin
39.52%38.27%26.34%16.27%14.20%22.88%
Operating Margin
8.02%6.68%-20.79%-53.70%-56.38%-57.03%
Profit Margin
4.07%2.40%-27.42%-67.98%-69.41%-66.80%
Free Cash Flow Margin
-22.96%1.01%2.87%7.86%-32.65%
EBITDA
78.1567.69-26.64-44.19-48.64-48.84
EBITDA Margin
14.02%13.17%-9.28%-30.43%-31.41%-34.74%
D&A For EBITDA
33.4233.3533.0533.838.6631.35
EBIT
44.7334.34-59.7-77.99-87.3-80.19
EBIT Margin
8.02%6.68%-20.79%-53.70%-56.38%-57.03%
Effective Tax Rate
13.11%21.77%----
Advertising Expenses
-8.262.411.57.946.27