NGX:NEIMETH 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022
Revenue	7,369	4,485	2,210	2,919	2,703
Revenue Growth (YoY)	64.29%	102.98%	-24.31%	8.01%	-11.29%
Cost of Revenue	4,056	2,550	1,500	1,886	1,629
Gross Profit	3,313	1,936	709.15	1,033	1,074
Selling, General & Admin	1,748	1,286	1,636	1,204	1,125
Other Operating Expenses	-94.42	-1,183	-1,225	-157.95	-26.15
Operating Expenses	1,653	103.7	410.42	1,046	1,099
Operating Income	1,660	1,832	298.73	-12.39	-24.8
Interest Expense	-1,223	-873.32	-667.95	-300	-181.77
Interest & Investment Income	249.57	231.39	129.23	-	-
Currency Exchange Gain (Loss)	48.11	-2,048	-1,451	1.94	96.89
EBT Excluding Unusual Items	733.87	-858.03	-1,691	-310.45	-109.67
Gain (Loss) on Sale of Assets	1.21	3.6	0.97	-	-
Asset Writedown	752.97	-	-	-	-
Pretax Income	1,488	-854.43	-1,690	-310.44	-109.66
Income Tax Expense	505.94	30.9	107.88	14.6	-
Net Income	982.11	-885.33	-1,798	-325.04	-109.66
Net Income to Common	982.11	-885.33	-1,798	-325.04	-109.66
Shares Outstanding (Basic)	4,273	4,273	4,273	1,899	1,899
Shares Outstanding (Diluted)	4,273	4,273	4,273	1,899	1,899
Shares Change (YoY)	-	-	125.00%	-	-
EPS (Basic)	0.23	-0.21	-0.42	-0.17	-0.06
EPS (Diluted)	0.23	-0.21	-0.42	-0.17	-0.06
Free Cash Flow	-3,627	-306.71	-1,710	-1,137	-1,205
Free Cash Flow Per Share	-0.85	-0.07	-0.40	-0.60	-0.63
Gross Margin	44.96%	43.16%	32.09%	35.39%	39.74%
Operating Margin	22.52%	40.84%	13.52%	-0.43%	-0.92%
Profit Margin	13.33%	-19.74%	-81.35%	-11.13%	-4.06%
Free Cash Flow Margin	-49.23%	-6.84%	-77.37%	-38.95%	-44.57%
EBITDA	1,824	1,962	424.82	96.02	94.78
EBITDA Margin	24.76%	43.74%	19.23%	3.29%	3.51%
D&A For EBITDA	164.92	129.99	126.09	108.41	119.57
EBIT	1,660	1,832	298.73	-12.39	-24.8
EBIT Margin	22.52%	40.84%	13.52%	-0.42%	-0.92%
Effective Tax Rate	34.00%	-	-	-	-
Advertising Expenses	122.32	192.93	363.67	-	188.49

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