NGX:NEIMETH 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 2022
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	Sep '22 Sep 30, 2022
Revenue	7,914	7,369	4,485	2,210	2,919	2,703
Revenue Growth (YoY)	56.92%	64.29%	102.98%	-24.31%	8.01%	-11.29%
Cost of Revenue	4,699	4,335	2,550	1,500	1,886	1,629
Gross Profit	3,215	3,033	1,936	709.15	1,033	1,074
Selling, General & Admin	1,768	1,800	1,286	1,636	1,204	1,125
Other Operating Expenses	-873.36	-935.85	-1,183	-1,225	-157.95	-26.15
Operating Expenses	894.65	863.83	103.7	410.42	1,046	1,099
Operating Income	2,320	2,169	1,832	298.73	-12.39	-24.8
Interest Expense	-1,427	-1,322	-873.32	-667.95	-300	-181.77
Interest & Investment Income	215.7	249.57	231.39	129.23	-	-
Currency Exchange Gain (Loss)	214.85	214.85	-2,048	-1,451	1.94	96.89
EBT Excluding Unusual Items	1,323	1,312	-858.03	-1,691	-310.45	-109.67
Gain (Loss) on Sale of Assets	1.5	1.2	3.6	0.97	-	-
Pretax Income	1,325	1,313	-854.43	-1,690	-310.44	-109.66
Income Tax Expense	340.37	336.5	30.9	107.88	14.6	-
Net Income	984.32	976.42	-885.33	-1,798	-325.04	-109.66
Net Income to Common	984.32	976.42	-885.33	-1,798	-325.04	-109.66
Shares Outstanding (Basic)	4,273	4,273	4,273	4,273	1,899	1,899
Shares Outstanding (Diluted)	4,273	4,273	4,273	4,273	1,899	1,899
Shares Change (YoY)	-	-	-	125.00%	-	-
EPS (Basic)	0.23	0.23	-0.21	-0.42	-0.17	-0.06
EPS (Diluted)	0.23	0.23	-0.21	-0.42	-0.17	-0.06
Free Cash Flow	1,507	1,229	-306.71	-1,710	-1,137	-1,205
Free Cash Flow Per Share	0.35	0.29	-0.07	-0.40	-0.60	-0.63
Gross Margin	40.62%	41.16%	43.16%	32.09%	35.39%	39.74%
Operating Margin	29.32%	29.44%	40.84%	13.52%	-0.43%	-0.92%
Profit Margin	12.44%	13.25%	-19.74%	-81.35%	-11.13%	-4.06%
Free Cash Flow Margin	19.04%	16.68%	-6.84%	-77.37%	-38.95%	-44.57%
EBITDA	2,501	2,334	1,962	424.82	96.02	94.78
EBITDA Margin	31.61%	31.68%	43.74%	19.23%	3.29%	3.51%
D&A For EBITDA	181.37	164.91	129.99	126.09	108.41	119.57
EBIT	2,320	2,169	1,832	298.73	-12.39	-24.8
EBIT Margin	29.32%	29.44%	40.84%	13.52%	-0.42%	-0.92%
Effective Tax Rate	25.69%	25.63%	-	-	-	-
Advertising Expenses	-	314.07	192.93	363.67	-	188.49

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