The Okomu Oil Palm Company Plc (NGX:OKOMUOIL)

NGX:OKOMUOIL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	185,037	130,211	75,108	59,324	37,395	23,411
Other Revenue	471	471	407.17	467.78	220.55	120.55
Revenue	185,508	130,682	75,515	59,792	37,615	23,531
Revenue Growth (YoY)	68.76%	73.05%	26.30%	58.96%	59.85%	9.86%
Cost of Revenue	36,912	24,481	14,066	13,041	7,548	4,029
Gross Profit	148,597	106,200	61,449	46,751	30,067	19,502
Selling, General & Admin	34,469	29,981	14,452	12,411	6,181	1,105
Other Operating Expenses	14,423	14,423	9,942	6,073	4,726	6,623
Operating Expenses	58,554	54,066	31,665	22,215	13,776	10,095
Operating Income	90,043	52,135	29,784	24,536	16,291	9,407
Interest Expense	-4,588	-4,599	-3,674	-1,071	-671.59	-868.54
Interest & Investment Income	4.68	5.29	5.22	4.97	48.92	7.13
Currency Exchange Gain (Loss)	5,030	5,145	3,032	-693.66	217.42	-
Other Non Operating Income (Expenses)	439.63	458.2	4,605	523.21	-0	-
EBT Excluding Unusual Items	90,929	53,144	33,752	23,299	15,886	8,546
Gain (Loss) on Sale of Assets	78.07	78.07	-2.62	-	-	-
Asset Writedown	333.06	333.06	89.48	218.61	127.47	49.94
Other Unusual Items	-	-	-	-	52.53	-
Pretax Income	91,340	53,555	33,839	23,517	16,115	8,695
Income Tax Expense	24,041	13,598	13,192	7,287	4,576	5,752
Net Income	67,300	39,958	20,647	16,231	11,539	2,942
Net Income to Common	67,300	39,958	20,647	16,231	11,539	2,942
Net Income Growth	173.10%	93.53%	27.21%	40.66%	292.15%	-41.73%
Shares Outstanding (Basic)	954	954	954	954	954	954
Shares Outstanding (Diluted)	954	954	954	954	954	954
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	70.55	41.89	21.64	17.02	12.10	3.08
EPS (Diluted)	70.55	41.89	21.64	17.02	12.10	3.08
EPS Growth	173.13%	93.57%	27.18%	40.66%	292.74%	-41.82%
Free Cash Flow	63,010	38,055	20,278	12,710	10,577	1,534
Free Cash Flow Per Share	66.05	39.89	21.26	13.32	11.09	1.61
Dividend Per Share	28.000	36.000	18.500	21.000	8.000	7.000
Dividend Growth	5.66%	94.59%	-11.91%	162.50%	14.29%	75.00%
Gross Margin	80.10%	81.27%	81.37%	78.19%	79.93%	82.88%
Operating Margin	48.54%	39.89%	39.44%	41.03%	43.31%	39.98%
Profit Margin	36.28%	30.58%	27.34%	27.15%	30.68%	12.50%
Free Cash Flow Margin	33.97%	29.12%	26.85%	21.26%	28.12%	6.52%
EBITDA	95,288	57,003	34,181	28,203	19,097	11,774
EBITDA Margin	51.37%	43.62%	45.26%	47.17%	50.77%	50.03%
D&A For EBITDA	5,245	4,868	4,397	3,668	2,805	2,366
EBIT	90,043	52,135	29,784	24,536	16,291	9,407
EBIT Margin	48.54%	39.89%	39.44%	41.03%	43.31%	39.98%
Effective Tax Rate	26.32%	25.39%	38.98%	30.98%	28.39%	66.16%

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