Presco 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	331,189	207,504	102,419	81,030	47,426
Revenue Growth (YoY)	59.61%	102.60%	26.40%	70.85%	98.50%
Cost of Revenue	70,974	37,972	26,603	32,332	8,867
Gross Profit	260,215	169,532	75,816	48,698	38,560
Selling, General & Admin	56,859	40,490	24,395	18,256	9,747
Other Operating Expenses	-6,805	-4,087	-2,853	-1,228	-161.91
Operating Expenses	50,054	36,733	21,563	17,166	9,706
Operating Income	210,161	132,800	54,253	31,532	28,853
Interest Expense	-43,620	-12,478	-9,019	-8,381	-2,498
Interest & Investment Income	7,794	221.18	48.17	36.86	18.18
Currency Exchange Gain (Loss)	4,327	5,469	4,387	-3,311	-
Other Non Operating Income (Expenses)	1	-12,676	-	-	0
EBT Excluding Unusual Items	178,663	113,336	49,670	19,876	26,373
Gain (Loss) on Sale of Assets	-104	-112.97	-170.91	-61.41	4.94
Pretax Income	178,559	113,223	49,499	19,815	26,378
Income Tax Expense	40,443	35,430	17,145	6,782	7,058
Earnings From Continuing Operations	138,116	77,793	32,354	13,032	19,320
Minority Interest in Earnings	-	-1,724	-	-	-
Net Income	138,116	76,069	32,354	13,032	19,320
Net Income to Common	138,116	76,069	32,354	13,032	19,320
Net Income Growth	81.57%	135.12%	148.25%	-32.54%	267.17%
Shares Outstanding (Basic)	1,028	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,028	1,000	1,000	1,000	1,000
Shares Change (YoY)	2.80%	-	-	-	-
EPS (Basic)	134.35	76.07	32.35	13.03	19.32
EPS (Diluted)	134.35	76.07	32.35	13.03	19.32
EPS Growth	76.62%	135.14%	148.27%	-32.56%	267.30%
Free Cash Flow	105,460	56,382	10,955	19,251	15,582
Free Cash Flow Per Share	102.59	56.38	10.96	19.25	15.58
Dividend Per Share	-	42.000	26.300	8.800	7.600
Dividend Growth	-	59.70%	198.86%	15.79%	280.00%
Gross Margin	78.57%	81.70%	74.02%	60.10%	81.30%
Operating Margin	63.46%	64.00%	52.97%	38.91%	60.84%
Profit Margin	41.70%	36.66%	31.59%	16.08%	40.74%
Free Cash Flow Margin	31.84%	27.17%	10.70%	23.76%	32.86%
EBITDA	221,348	141,678	58,747	35,571	31,472
EBITDA Margin	66.83%	68.28%	57.36%	43.90%	66.36%
D&A For EBITDA	11,187	8,879	4,494	4,039	2,618
EBIT	210,161	132,800	54,253	31,532	28,853
EBIT Margin	63.46%	64.00%	52.97%	38.91%	60.84%
Effective Tax Rate	22.65%	31.29%	34.64%	34.23%	26.76%

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