Omatek Ventures Plc (NGX:OMATEK)

Omatek Ventures 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
Revenue	0.4	1	1.11	0.54	3.75	22.25
Revenue Growth (YoY)	-79.06%	-9.91%	105.56%	-85.60%	-83.15%	2039.42%
Cost of Revenue	-0.2	-	0.21	0.37	2.76	17.09
Gross Profit	0.6	1	0.9	0.17	0.99	5.16
Selling, General & Admin	73.22	73.22	64.35	97.95	100.12	98.92
Other Operating Expenses	1	1	-35	95	95	103
Operating Expenses	74.22	74.22	29.35	192.95	195.12	201.92
Operating Income	-73.62	-73.22	-28.45	-192.78	-194.13	-196.76
Interest Expense	-	-	-	-1,750	-1,568	-1,409
Other Non Operating Income (Expenses)	0.07	0.07	-0.02	1.21	-0.65	-
Pretax Income	-73.55	-73.15	-28.47	-1,941	-1,763	-1,605
Income Tax Expense	13.19	13.19	-24.37	-12.22	-12.32	485.37
Earnings From Continuing Operations	-86.74	-86.34	-4.1	-1,929	-1,751	-2,091
Minority Interest in Earnings	7.04	6.99	10.72	135.22	135.15	135.38
Net Income	-79.7	-79.35	6.62	-1,794	-1,616	-1,955
Net Income to Common	-79.7	-79.35	6.62	-1,794	-1,616	-1,955
Shares Outstanding (Basic)	2,942	2,942	2,942	2,942	2,942	2,942
Shares Outstanding (Diluted)	2,942	2,942	2,942	2,942	2,942	2,942
EPS (Basic)	-0.03	-0.03	0.00	-0.61	-0.55	-0.66
EPS (Diluted)	-0.03	-0.03	0.00	-0.61	-0.55	-0.66
Free Cash Flow	-2,675	-2,676	1,512	5,805	40.1	-152.74
Free Cash Flow Per Share	-0.91	-0.91	0.51	1.97	0.01	-0.05
Gross Margin	150.00%	100.00%	81.08%	31.48%	26.40%	23.19%
Operating Margin	-18405.00%	-7322.00%	-2563.06%	-35700.00%	-5176.80%	-884.31%
Profit Margin	-19925.00%	-7935.00%	596.40%	-332157.41%	-43083.47%	-8788.40%
Free Cash Flow Margin	-668742.50%	-267597.00%	136227.93%	1075055.56%	1069.33%	-686.47%
EBITDA	-	-67.97	-23.2	-150.78	-150.08	-152.74
D&A For EBITDA	-	5.25	5.25	42	44.05	44.02
EBIT	-73.62	-73.22	-28.45	-192.78	-194.13	-196.76

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