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	188.46	241.95	79.62	128.88	34.94
Gross Profit	797.21	706.5	578.72	473.44	254.3
Selling, General & Admin	133.38	125.13	196.59	96.15	136.1
Other Operating Expenses	-10.95	-	-	-	-
Operating Expenses	194.7	210.86	196.59	148.66	136.1
Operating Income	602.5	495.64	382.13	324.79	118.2
Interest Expense	-	-82.09	-94.21	-109.67	-120.04
Other Non Operating Income (Expenses)	-22.1	-7.24	-0	-18.58	-0
EBT Excluding Unusual Items	580.4	406.3	287.92	196.54	-1.84
Pretax Income	580.4	406.3	287.92	196.54	-1.84
Income Tax Expense	33.29	27.83	21.93	6.78	-15.87
Net Income	547.11	378.47	265.99	189.76	14.03
Net Income to Common	547.11	378.47	265.99	189.76	14.03
Net Income Growth	44.56%	42.29%	40.17%	1252.59%	-
Shares Outstanding (Basic)	426	426	426	426	426
Shares Outstanding (Diluted)	426	426	426	426	426
EPS (Basic)	1.28	0.89	0.62	0.45	0.03
EPS (Diluted)	1.28	0.89	0.62	0.45	0.03
EPS Growth	44.56%	42.29%	40.17%	1252.63%	-
Free Cash Flow	667.86	331.87	452.99	647.62	56.23
Free Cash Flow Per Share	1.57	0.78	1.06	1.52	0.13
Dividend Per Share	-	-	0.100	-	-
Gross Margin	80.88%	74.49%	87.91%	78.60%	87.92%
Operating Margin	61.13%	52.26%	58.05%	53.92%	40.87%
Profit Margin	55.51%	39.90%	40.40%	31.50%	4.85%
Free Cash Flow Margin	67.76%	34.99%	68.81%	107.52%	19.44%
EBITDA	674.78	581.37	466.69	377.29	169.12
EBITDA Margin	68.46%	61.30%	70.89%	62.64%	58.47%
D&A For EBITDA	72.28	85.73	84.56	52.5	50.92
EBIT	602.5	495.64	382.13	324.79	118.2
EBIT Margin	61.13%	52.26%	58.05%	53.92%	40.87%
Effective Tax Rate	5.73%	6.85%	7.62%	3.45%	-

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