Nascon Allied Industries 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	150,177	152,687	120,387	80,828	58,786	33,280
Revenue Growth (YoY)	8.34%	26.83%	48.94%	37.49%	76.64%	18.81%
Cost of Revenue	73,892	78,955	65,139	36,604	34,311	21,381
Gross Profit	76,285	73,732	55,248	44,224	24,475	11,899
Selling, General & Admin	30,510	29,447	30,354	23,599	15,114	9,433
Other Operating Expenses	-846.98	-219.79	-252.08	-177.43	-109.58	-25.44
Operating Expenses	29,609	29,174	30,176	23,413	15,021	9,392
Operating Income	46,675	44,558	25,072	20,811	9,454	2,507
Interest Expense	-533.19	-659.07	-1,181	-1,435	-694.83	-130.16
Interest & Investment Income	6,006	6,006	1,794	927.5	394.54	51.7
Currency Exchange Gain (Loss)	-1,422	-1,422	-2,062	228.37	-368.7	1,037
EBT Excluding Unusual Items	52,154	48,483	23,623	20,532	8,785	3,466
Gain (Loss) on Sale of Assets	-261.51	-261.51	5.21	39.13	-425.86	745.7
Pretax Income	51,914	48,243	23,651	20,588	8,374	4,238
Income Tax Expense	16,075	14,714	8,067	6,860	2,905	1,267
Net Income	35,839	33,529	15,584	13,728	5,469	2,971
Net Income to Common	35,839	33,529	15,584	13,728	5,469	2,971
Net Income Growth	63.43%	115.16%	13.51%	151.01%	84.09%	10.43%
Shares Outstanding (Basic)	2,702	2,702	2,702	2,702	2,702	2,702
Shares Outstanding (Diluted)	2,702	2,702	2,702	2,702	2,702	2,702
EPS (Basic)	13.26	12.41	5.77	5.08	2.02	1.10
EPS (Diluted)	13.26	12.41	5.77	5.08	2.02	1.10
EPS Growth	63.43%	115.16%	13.51%	151.01%	84.09%	10.43%
Free Cash Flow	11,587	20,188	1,865	18,173	2,209	3,792
Free Cash Flow Per Share	4.29	7.47	0.69	6.72	0.82	1.40
Dividend Per Share	6.000	6.000	2.000	0.980	0.980	0.392
Dividend Growth	200.00%	200.00%	104.00%	-	149.97%	-
Gross Margin	50.80%	48.29%	45.89%	54.71%	41.63%	35.75%
Operating Margin	31.08%	29.18%	20.83%	25.75%	16.08%	7.53%
Profit Margin	23.86%	21.96%	12.95%	16.98%	9.30%	8.93%
Free Cash Flow Margin	7.71%	13.22%	1.55%	22.48%	3.76%	11.39%
EBITDA	50,092	46,846	27,049	23,043	11,704	4,923
EBITDA Margin	33.36%	30.68%	22.47%	28.51%	19.91%	14.79%
D&A For EBITDA	3,417	2,288	1,977	2,232	2,249	2,416
EBIT	46,675	44,558	25,072	20,811	9,454	2,507
EBIT Margin	31.08%	29.18%	20.83%	25.75%	16.08%	7.53%
Effective Tax Rate	30.96%	30.50%	34.11%	33.32%	34.69%	29.90%

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