NGX:MULTIVERSE 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	985.67	948.45	658.34	602.33	289.24
Revenue Growth (YoY)	3.92%	44.07%	9.30%	108.24%	345.85%
Cost of Revenue	177.61	235.07	79.62	128.88	34.94
Gross Profit	808.05	713.38	578.72	473.44	254.3
Selling, General & Admin	166.4	224.98	196.59	96.15	136.1
Operating Expenses	238.67	224.98	196.59	148.66	136.1
Operating Income	569.38	488.4	382.13	324.79	118.2
Interest Expense	-	-82.09	-94.21	-109.67	-120.04
Other Non Operating Income (Expenses)	-	-	-0	-18.58	-0
EBT Excluding Unusual Items	569.38	406.3	287.92	196.54	-1.84
Pretax Income	569.38	406.3	287.92	196.54	-1.84
Income Tax Expense	-	27.83	21.93	6.78	-15.87
Net Income	569.38	378.47	265.99	189.76	14.03
Net Income to Common	569.38	378.47	265.99	189.76	14.03
Net Income Growth	50.44%	42.29%	40.17%	1252.59%	-
Shares Outstanding (Basic)	419	426	426	426	426
Shares Outstanding (Diluted)	419	426	426	426	426
Shares Change (YoY)	-1.77%	-	-	-	-
EPS (Basic)	1.36	0.89	0.62	0.45	0.03
EPS (Diluted)	1.36	0.89	0.62	0.45	0.03
EPS Growth	53.15%	42.29%	40.17%	1252.63%	-
Free Cash Flow	642.53	331.87	452.99	647.62	56.23
Free Cash Flow Per Share	1.53	0.78	1.06	1.52	0.13
Dividend Per Share	-	-	0.100	-	-
Gross Margin	81.98%	75.22%	87.91%	78.60%	87.92%
Operating Margin	57.77%	51.49%	58.05%	53.92%	40.87%
Profit Margin	57.77%	39.90%	40.40%	31.50%	4.85%
Free Cash Flow Margin	65.19%	34.99%	68.81%	107.52%	19.44%
EBITDA	641.66	574.13	466.69	377.29	169.12
EBITDA Margin	65.10%	60.53%	70.89%	62.64%	58.47%
D&A For EBITDA	72.28	85.73	84.56	52.5	50.92
EBIT	569.38	488.4	382.13	324.79	118.2
EBIT Margin	57.77%	51.49%	58.05%	53.92%	40.87%
Effective Tax Rate	-	6.85%	7.62%	3.45%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.