NGX:MULTIVERSE Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	988.36	985.67	948.45	658.34	602.33	289.24
Revenue Growth (YoY)	14.71%	3.92%	44.07%	9.30%	108.24%	345.85%
Cost of Revenue	158.3	188.46	241.95	79.62	128.88	34.94
Gross Profit	830.06	797.21	706.5	578.72	473.44	254.3
Selling, General & Admin	157.3	133.38	125.13	196.59	96.15	136.1
Other Operating Expenses	-60.95	-10.95	-	-	-	-
Operating Expenses	164.15	194.7	210.86	196.59	148.66	136.1
Operating Income	665.9	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)	-21.92	-22.1	-7.24	-0	-18.58	-0
EBT Excluding Unusual Items	643.98	580.4	406.3	287.92	196.54	-1.84
Pretax Income	643.98	580.4	406.3	287.92	196.54	-1.84
Income Tax Expense	33.29	33.29	27.83	21.93	6.78	-15.87
Net Income	610.69	547.11	378.47	265.99	189.76	14.03
Net Income to Common	610.69	547.11	378.47	265.99	189.76	14.03
Net Income Growth	118.90%	44.56%	42.29%	40.17%	1252.59%	-
Shares Outstanding (Basic)	421	426	426	426	426	426
Shares Outstanding (Diluted)	421	426	426	426	426	426
Shares Change (YoY)	-1.80%	-	-	-	-	-
EPS (Basic)	1.45	1.28	0.89	0.62	0.45	0.03
EPS (Diluted)	1.45	1.28	0.89	0.62	0.45	0.03
EPS Growth	122.92%	44.56%	42.29%	40.17%	1252.63%	-
Free Cash Flow	400.12	667.86	331.87	452.99	647.62	56.23
Free Cash Flow Per Share	0.95	1.57	0.78	1.06	1.52	0.13
Dividend Per Share	-	-	0.100	0.100	-	-
Gross Margin	83.98%	80.88%	74.49%	87.91%	78.60%	87.92%
Operating Margin	67.38%	61.13%	52.26%	58.05%	53.92%	40.87%
Profit Margin	61.79%	55.51%	39.90%	40.40%	31.50%	4.85%
Free Cash Flow Margin	40.48%	67.76%	34.99%	68.81%	107.52%	19.44%
EBITDA	733.7	674.78	581.37	466.69	377.29	169.12
EBITDA Margin	74.23%	68.46%	61.30%	70.89%	62.64%	58.47%
D&A For EBITDA	67.8	72.28	85.73	84.56	52.5	50.92
EBIT	665.9	602.5	495.64	382.13	324.79	118.2
EBIT Margin	67.38%	61.13%	52.26%	58.05%	53.92%	40.87%
Effective Tax Rate	5.17%	5.73%	6.85%	7.62%	3.45%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.