Premier Paints Plc (NGX:PREMPAINTS)

Premier Paints Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	149.91	130.83	142.87	130.2	101.26
Revenue Growth (YoY)	14.59%	-8.43%	9.74%	28.58%	10.17%
Cost of Revenue	112.97	103.55	110.19	114.26	82.98
Gross Profit	36.94	27.28	32.69	15.94	18.29
Selling, General & Admin	33.77	27.75	31.63	35.05	41.07
Other Operating Expenses	-	-	-	-0.3	-0.86
Operating Expenses	33.77	27.75	31.63	34.75	40.21
Operating Income	3.17	-0.48	1.06	-18.81	-21.92
Other Non Operating Income (Expenses)	-0	-0	-0	-	-
Pretax Income	3.17	-0.48	1.06	-18.81	-21.92
Income Tax Expense	1.01	0.23	0.59	0.56	0.48
Net Income	2.16	-0.71	0.47	-19.37	-22.41
Net Income to Common	2.16	-0.71	0.47	-19.37	-22.41
Shares Outstanding (Basic)	108	123	123	123	123
Shares Outstanding (Diluted)	108	123	123	123	123
Shares Change (YoY)	-12.24%	-	-	-	-
EPS (Basic)	0.02	-0.01	0.00	-0.16	-0.18
EPS (Diluted)	0.02	-0.01	0.00	-0.16	-0.18
Free Cash Flow	-0.73	-1.04	1.81	0.08	-0.01
Free Cash Flow Per Share	-0.01	-0.01	0.01	0.00	-
Gross Margin	24.64%	20.85%	22.88%	12.24%	18.06%
Operating Margin	2.11%	-0.36%	0.74%	-14.45%	-21.65%
Profit Margin	1.44%	-0.54%	0.33%	-14.87%	-22.13%
Free Cash Flow Margin	-0.49%	-0.79%	1.27%	0.06%	-0.01%
EBITDA	12.91	9.52	10.71	-7.65	-11.18
EBITDA Margin	8.61%	7.28%	7.49%	-5.87%	-11.04%
D&A For EBITDA	9.74	10	9.64	11.16	10.74
EBIT	3.17	-0.48	1.06	-18.81	-21.92
EBIT Margin	2.11%	-0.36%	0.74%	-14.45%	-21.65%
Effective Tax Rate	31.83%	-	55.33%	-	-

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