Omatek Ventures Plc (NGX:OMATEK)

Omatek Ventures Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1	1.11	0.54	3.75	22.25
Revenue Growth (YoY)	-9.91%	105.56%	-85.60%	-83.15%	2039.42%
Cost of Revenue	-	0.21	0.37	2.76	17.09
Gross Profit	1	0.9	0.17	0.99	5.16
Selling, General & Admin	73.22	64.35	97.95	100.12	98.92
Other Operating Expenses	1	-35	95	95	103
Operating Expenses	74.22	29.35	192.95	195.12	201.92
Operating Income	-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	-0.02	1.21	-0.65	-
Pretax Income	-73.15	-28.47	-1,941	-1,763	-1,605
Income Tax Expense	13.19	-24.37	-12.22	-12.32	485.37
Earnings From Continuing Operations	-86.34	-4.1	-1,929	-1,751	-2,091
Minority Interest in Earnings	6.99	10.72	135.22	135.15	135.38
Net Income	-79.35	6.62	-1,794	-1,616	-1,955
Net Income to Common	-79.35	6.62	-1,794	-1,616	-1,955
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)	-0.03	0.00	-0.61	-0.55	-0.66
EPS (Diluted)	-0.03	0.00	-0.61	-0.55	-0.66
Free Cash Flow	-2,676	1,512	5,805	40.1	-152.74
Free Cash Flow Per Share	-0.91	0.51	1.97	0.01	-0.05
Gross Margin	100.00%	81.08%	31.48%	26.40%	23.19%
Operating Margin	-7322.00%	-2563.06%	-35700.00%	-5176.80%	-884.31%
Profit Margin	-7935.00%	596.40%	-332157.41%	-43083.47%	-8788.40%
Free Cash Flow Margin	-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	-73.22	-28.45	-192.78	-194.13	-196.76

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