MRS Oil Nigeria Plc (NGX:MRS)

Nigeria · Delayed Price · Currency is NGN

149.50

0.00 (0.00%)

Inactive · Last trade price on Aug 22, 2025

MRS Oil Nigeria Financials Overview

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

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	479,601	312,230	182,311	100,780	71,976	41,981
Revenue Growth	107.91%	71.26%	80.90%	40.02%	71.45%	-35.97%
Gross Profit	22,105	23,624	14,885	8,385	3,227	2,873
Operating Income	9,071	11,042	8,822	3,970	619.79	-1,640
Net Income	6,258	6,497	4,049	1,316	339.87	-2,264
Earnings Per Share	18.25	18.95	11.81	3.84	0.99	-6.60
EPS Growth	37.12%	60.47%	207.63%	287.24%	-	-

Cash & Debt

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Investments	15,713	18,458	5,908	3,216	2,799	4,462
Total Debt	664.87	1,609	2,956	2,313	4,500	5,965
Net Cash (Debt)	15,048	16,849	2,951	903.68	-1,702	-1,503
Net Cash Growth	87.13%	470.91%	226.58%	-	-	-
Net Cash Per Share	43.89	49.14	8.61	2.64	-4.96	-4.38

Cash Flow & CapEx

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Cash Flow	22,020	29,281	7,944	2,019	-686.6	4,041
Capital Expenditures	-16,152	-15,143	-5,006	-1,464	-1,073	-429.71
Free Cash Flow	5,867	14,137	2,938	554.78	-1,760	3,611
Free Cash Flow Growth	-27.95%	381.17%	429.60%	-	-	-59.50%

Margins

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Gross Margin	4.61%	7.57%	8.16%	8.32%	4.48%	6.84%
Operating Margin	1.89%	3.54%	4.84%	3.94%	0.86%	-3.91%
Pretax Margin	1.93%	3.15%	3.28%	2.40%	0.45%	-6.32%
Profit Margin	1.31%	2.08%	2.22%	1.31%	0.47%	-5.39%
FCF Margin	1.22%	4.53%	1.61%	0.55%	-2.44%	8.60%

Dividends

Fiscal Year	Current	FY 2024	FY 2023
Period Ending	Aug '26 Aug 2, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	2.360	-	2.360
Dividend Per Share Growth	-	-	-
Dividend Yield	1.58%	-	2.29%

Valuation

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '26 Aug 2, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
PE Ratio	-	11.50	8.89	3.67	11.08	-
P/FCF Ratio	-	5.28	12.25	8.72	-	1.16
PS Ratio	-	0.24	0.20	0.05	0.05	0.10