Omatek Ventures 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 2021
Period Ending	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	2.2	1	1.11	0.54	3.75
Revenue Growth (YoY)	120.00%	-9.91%	105.56%	-85.60%	-83.15%
Cost of Revenue	-	-	0.21	0.37	2.76
Gross Profit	2.2	1	0.9	0.17	0.99
Selling, General & Admin	50.52	73.22	64.35	97.95	100.12
Other Operating Expenses	-	1	-35	95	95
Operating Expenses	50.52	74.22	29.35	192.95	195.12
Operating Income	-48.32	-73.22	-28.45	-192.78	-194.13
Interest Expense	-	-	-	-1,750	-1,568
Other Non Operating Income (Expenses)	-	0.07	-0.02	1.21	-0.65
Pretax Income	-48.32	-73.15	-28.47	-1,941	-1,763
Income Tax Expense	-	13.19	-24.37	-12.22	-12.32
Earnings From Continuing Operations	-48.32	-86.34	-4.1	-1,929	-1,751
Minority Interest in Earnings	13.77	6.99	10.72	135.22	135.15
Net Income	-34.55	-79.35	6.62	-1,794	-1,616
Net Income to Common	-34.55	-79.35	6.62	-1,794	-1,616
Shares Outstanding (Basic)	2,942	2,942	2,942	2,942	2,942
Shares Outstanding (Diluted)	2,942	2,942	2,942	2,942	2,942
EPS (Basic)	-0.01	-0.03	0.00	-0.61	-0.55
EPS (Diluted)	-0.01	-0.03	0.00	-0.61	-0.55
Free Cash Flow	-17.69	-2,676	1,512	5,805	40.1
Free Cash Flow Per Share	-0.01	-0.91	0.51	1.97	0.01
Gross Margin	100.00%	100.00%	81.08%	31.48%	26.40%
Operating Margin	-2196.36%	-7322.00%	-2563.06%	-35700.00%	-5176.80%
Profit Margin	-1570.45%	-7935.00%	596.40%	-332157.41%	-43083.47%
Free Cash Flow Margin	-804.09%	-267597.00%	136227.93%	1075055.56%	1069.33%
EBITDA	-	-67.97	-23.2	-150.78	-150.08
D&A For EBITDA	-	5.25	5.25	42	44.05
EBIT	-48.32	-73.22	-28.45	-192.78	-194.13

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