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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	144,838	130,211	75,108	59,324	37,395	23,411
Other Revenue	471	15,336	10,852	467.78	220.55	120.55
Revenue	145,309	145,547	85,959	59,792	37,615	23,531
Revenue Growth (YoY)	53.30%	69.32%	43.77%	58.96%	59.85%	9.86%
Cost of Revenue	29,652	24,481	14,066	13,041	7,548	4,029
Gross Profit	115,657	121,065	71,893	46,751	30,067	19,502
Selling, General & Admin	31,241	29,981	14,452	12,411	6,181	1,105
Other Operating Expenses	14,423	14,850	11,004	6,073	4,726	6,623
Operating Expenses	55,325	54,492	32,727	22,215	13,776	10,095
Operating Income	60,331	66,573	39,166	24,536	16,291	9,407
Interest Expense	-973.7	-4,599	-3,674	-1,071	-671.59	-868.54
Interest & Investment Income	5.29	5.29	5.22	4.97	48.92	7.13
Currency Exchange Gain (Loss)	5,145	-8,757	-1,746	-693.66	217.42	-
Other Non Operating Income (Expenses)	-2,194	-	-	523.21	-0	-
EBT Excluding Unusual Items	62,314	53,222	33,752	23,299	15,886	8,546
Gain (Loss) on Sale of Assets	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	62,725	53,555	33,839	23,517	16,115	8,695
Income Tax Expense	16,110	13,598	13,192	7,287	4,576	5,752
Net Income	46,615	39,958	20,647	16,231	11,539	2,942
Net Income to Common	46,615	39,958	20,647	16,231	11,539	2,942
Net Income Growth	82.45%	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)	48.87	41.89	21.64	17.02	12.10	3.08
EPS (Diluted)	48.87	41.89	21.64	17.02	12.10	3.08
EPS Growth	82.48%	93.57%	27.18%	40.66%	292.74%	-41.82%
Free Cash Flow	50,206	38,055	20,278	12,710	10,577	1,534
Free Cash Flow Per Share	52.63	39.89	21.26	13.32	11.09	1.61
Dividend Per Share	36.000	36.000	18.500	21.000	8.000	7.000
Dividend Growth	94.59%	94.59%	-11.91%	162.50%	14.29%	75.00%
Gross Margin	79.59%	83.18%	83.64%	78.19%	79.93%	82.88%
Operating Margin	41.52%	45.74%	45.56%	41.03%	43.31%	39.98%
Profit Margin	32.08%	27.45%	24.02%	27.15%	30.68%	12.50%
Free Cash Flow Margin	34.55%	26.15%	23.59%	21.26%	28.12%	6.52%
EBITDA	65,274	71,441	43,563	28,203	19,097	11,774
EBITDA Margin	44.92%	49.09%	50.68%	47.17%	50.77%	50.03%
D&A For EBITDA	4,943	4,868	4,397	3,668	2,805	2,366
EBIT	60,331	66,573	39,166	24,536	16,291	9,407
EBIT Margin	41.52%	45.74%	45.56%	41.03%	43.31%	39.98%
Effective Tax Rate	25.68%	25.39%	38.98%	30.98%	28.39%	66.16%

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