PZ Cussons Nigeria Plc (NGX:PZ)

PZ Cussons Nigeria Income Statement

Financials in millions NGN. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	231,659	212,634	152,249	113,964	99,503	82,578
Revenue Growth (YoY)	43.74%	39.66%	33.59%	14.53%	20.50%	23.26%
Cost of Revenue	170,280	154,926	98,121	81,016	75,202	59,484
Gross Profit	61,379	57,708	54,128	32,948	24,301	23,093
Selling, General & Admin	35,329	32,597	23,905	19,603	20,224	16,111
Operating Expenses	35,555	32,801	23,641	19,771	20,373	16,196
Operating Income	25,824	24,907	30,488	13,178	3,928	6,897
Interest Expense	-2,485	-3,633	-4,098	-334.96	-8.94	-71.48
Interest & Investment Income	1,293	1,371	6,108	5,233	836.14	238.56
Currency Exchange Gain (Loss)	5,060	-7,784	-157,918	-4,954	-4,160	-5,951
Other Non Operating Income (Expenses)	13,725	1,793	2,930	1,398	546.9	179.03
EBT Excluding Unusual Items	43,417	16,654	-122,491	14,520	1,143	1,293
Gain (Loss) on Sale of Assets	6.53	6.53	2.04	5,944	8,865	1,899
Pretax Income	43,423	16,661	-122,489	20,464	10,008	3,192
Income Tax Expense	15,222	6,594	-32,171	6,115	3,309	1,412
Earnings From Continuing Operations	28,201	10,067	-90,317	14,348	6,699	1,780
Minority Interest in Earnings	-1,334	-859.09	7,615	-1,456	-729.21	-219.85
Net Income	26,866	9,208	-82,702	12,893	5,970	1,560
Net Income to Common	26,866	9,208	-82,702	12,893	5,970	1,560
Net Income Growth	-	-	-	115.96%	282.74%	-
Shares Outstanding (Basic)	3,970	3,970	3,970	3,970	3,970	3,970
Shares Outstanding (Diluted)	3,970	3,970	3,970	3,970	3,970	3,970
EPS (Basic)	6.77	2.32	-20.83	3.25	1.50	0.39
EPS (Diluted)	6.77	2.32	-20.83	3.25	1.50	0.39
EPS Growth	-	-	-	115.96%	282.74%	-
Free Cash Flow	24,974	35,671	-110,984	17,028	17,710	10,439
Free Cash Flow Per Share	6.29	8.98	-27.95	4.29	4.46	2.63
Dividend Per Share	-	-	-	-	1.010	0.250
Dividend Growth	-	-	-	-	304.00%	150.00%
Gross Margin	26.50%	27.14%	35.55%	28.91%	24.42%	27.97%
Operating Margin	11.15%	11.71%	20.03%	11.56%	3.95%	8.35%
Profit Margin	11.60%	4.33%	-54.32%	11.31%	6.00%	1.89%
Free Cash Flow Margin	10.78%	16.78%	-72.90%	14.94%	17.80%	12.64%
EBITDA	27,742	26,701	32,308	15,132	6,258	9,493
EBITDA Margin	11.97%	12.56%	21.22%	13.28%	6.29%	11.50%
D&A For EBITDA	1,918	1,793	1,820	1,954	2,330	2,596
EBIT	25,824	24,907	30,488	13,178	3,928	6,897
EBIT Margin	11.15%	11.71%	20.03%	11.56%	3.95%	8.35%
Effective Tax Rate	35.06%	39.58%	-	29.88%	33.06%	44.24%

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