NGX:NSLTECH 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	4,195	4,243	4,348	3,494	4,347	4,131
Revenue Growth (YoY)	-3.54%	-2.41%	24.44%	-19.63%	5.23%	-0.90%
Cost of Revenue	3,991	3,928	4,065	3,261	2,520	2,465
Gross Profit	203.75	314.39	282.33	232.76	1,827	1,666
Selling, General & Admin	-84.75	4.71	-	20.61	1,829	1,688
Other Operating Expenses	466.45	474.03	371.24	376.53	11.97	38.25
Operating Expenses	381.69	478.74	371.24	397.14	1,841	1,727
Operating Income	-177.94	-164.36	-88.9	-164.38	-14.05	-61.01
Interest Expense	-	-3.6	-3.8	-	-	-
Interest & Investment Income	1.19	1.16	-	0	-	-
Other Non Operating Income (Expenses)	0	-	-	-	-1.03	-0.8
EBT Excluding Unusual Items	-176.75	-166.79	-92.7	-164.38	-15.08	-61.82
Gain (Loss) on Sale of Assets	-	-	1.2	-	-	-
Pretax Income	-176.75	-166.79	-91.5	-164.38	-15.08	-61.82
Income Tax Expense	-10.62	-	29.52	23.14	25.8	30.12
Net Income	-166.13	-166.79	-121.03	-187.52	-40.88	-91.93
Net Income to Common	-166.13	-166.79	-121.03	-187.52	-40.88	-91.93
Shares Outstanding (Basic)	5,560	5,560	5,632	5,632	5,632	5,632
Shares Outstanding (Diluted)	5,560	5,560	5,632	5,632	5,632	5,632
Shares Change (YoY)	-1.27%	-1.27%	-	-	-	-
EPS (Basic)	-0.03	-0.03	-0.02	-0.03	-0.01	-0.02
EPS (Diluted)	-0.03	-0.03	-0.02	-0.03	-0.01	-0.02
Free Cash Flow	-3.04	-12.15	-34.21	13.54	27.24	11.61
Free Cash Flow Per Share	-0.00	-0.00	-0.01	0.00	0.01	0.00
Gross Margin	4.86%	7.41%	6.49%	6.66%	42.03%	40.32%
Operating Margin	-4.24%	-3.87%	-2.04%	-4.71%	-0.32%	-1.48%
Profit Margin	-3.96%	-3.93%	-2.78%	-5.37%	-0.94%	-2.23%
Free Cash Flow Margin	-0.07%	-0.29%	-0.79%	0.39%	0.63%	0.28%
EBITDA	-30.8	15.83	23.95	-153.5	38.59	-7.39
EBITDA Margin	-0.73%	0.37%	0.55%	-4.39%	0.89%	-0.18%
D&A For EBITDA	147.14	180.18	112.86	10.88	52.64	53.62
EBIT	-177.94	-164.36	-88.9	-164.38	-14.05	-61.01
EBIT Margin	-4.24%	-3.87%	-2.04%	-4.71%	-0.32%	-1.48%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.