Premier Paints Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	141.62	148.11	130.83	142.87	130.2	101.26
Revenue Growth (YoY)	14.65%	13.21%	-8.43%	9.74%	28.58%	10.17%
Cost of Revenue	108.7	112.15	103.55	110.19	114.26	82.98
Gross Profit	32.92	35.95	27.28	32.69	15.94	18.29
Selling, General & Admin	35.96	33.47	27.75	31.63	35.05	41.07
Other Operating Expenses	-	-	-	-	-0.3	-0.86
Operating Expenses	35.96	33.47	27.75	31.63	34.75	40.21
Operating Income	-3.05	2.48	-0.48	1.06	-18.81	-21.92
Other Non Operating Income (Expenses)	0	-	-0	-0	-	-
Pretax Income	-3.05	2.48	-0.48	1.06	-18.81	-21.92
Income Tax Expense	0.43	0.49	0.23	0.59	0.56	0.48
Net Income	-3.48	1.99	-0.71	0.47	-19.37	-22.41
Net Income to Common	-3.48	1.99	-0.71	0.47	-19.37	-22.41
Shares Outstanding (Basic)	128	123	123	123	123	123
Shares Outstanding (Diluted)	128	123	123	123	123	123
EPS (Basic)	-0.03	0.02	-0.01	0.00	-0.16	-0.18
EPS (Diluted)	-0.03	0.02	-0.01	0.00	-0.16	-0.18
Free Cash Flow	-0.02	0.98	-1.04	1.81	0.08	-0.01
Free Cash Flow Per Share	-	0.01	-0.01	0.01	0.00	-
Gross Margin	23.24%	24.27%	20.85%	22.88%	12.24%	18.06%
Operating Margin	-2.15%	1.68%	-0.36%	0.74%	-14.45%	-21.65%
Profit Margin	-2.46%	1.35%	-0.54%	0.33%	-14.87%	-22.13%
Free Cash Flow Margin	-0.01%	0.66%	-0.79%	1.27%	0.06%	-0.01%
EBITDA	6.69	12.22	9.52	10.71	-7.65	-11.18
EBITDA Margin	4.72%	8.25%	7.28%	7.49%	-5.87%	-11.04%
D&A For EBITDA	9.74	9.74	10	9.64	11.16	10.74
EBIT	-3.05	2.48	-0.48	1.06	-18.81	-21.92
EBIT Margin	-2.15%	1.68%	-0.36%	0.74%	-14.45%	-21.65%
Effective Tax Rate	-	19.67%	-	55.33%	-	-