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	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	255,442	212,634	152,249	113,964	99,503	82,578
Revenue Growth (YoY)	30.30%	39.66%	33.59%	14.53%	20.50%	23.26%
Cost of Revenue	185,865	154,926	98,121	81,016	75,202	59,484
Gross Profit	69,578	57,708	54,128	32,948	24,301	23,093
Selling, General & Admin	38,588	32,597	23,905	19,603	20,224	16,111
Operating Expenses	38,738	32,801	23,641	19,771	20,373	16,196
Operating Income	30,840	24,907	30,488	13,178	3,928	6,897
Interest Expense	-865.9	-3,633	-4,098	-334.96	-8.94	-71.48
Interest & Investment Income	1,231	1,371	6,108	5,233	836.14	238.56
Currency Exchange Gain (Loss)	4,759	-7,784	-157,918	-4,954	-4,160	-5,951
Other Non Operating Income (Expenses)	33,917	1,793	2,930	1,398	546.9	179.03
EBT Excluding Unusual Items	69,881	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	69,887	16,661	-122,489	20,464	10,008	3,192
Income Tax Expense	31,996	6,594	-32,171	6,115	3,309	1,412
Earnings From Continuing Operations	37,891	10,067	-90,317	14,348	6,699	1,780
Minority Interest in Earnings	-2,037	-859.09	7,615	-1,456	-729.21	-219.85
Net Income	35,854	9,208	-82,702	12,893	5,970	1,560
Net Income to Common	35,854	9,208	-82,702	12,893	5,970	1,560
Net Income Growth	160.07%	-	-	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)	9.03	2.32	-20.83	3.25	1.50	0.39
EPS (Diluted)	9.03	2.32	-20.83	3.25	1.50	0.39
EPS Growth	160.07%	-	-	115.96%	282.74%	-
Free Cash Flow	9,632	35,671	-110,984	17,028	17,710	10,439
Free Cash Flow Per Share	2.43	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	27.24%	27.14%	35.55%	28.91%	24.42%	27.97%
Operating Margin	12.07%	11.71%	20.03%	11.56%	3.95%	8.35%
Profit Margin	14.04%	4.33%	-54.32%	11.31%	6.00%	1.89%
Free Cash Flow Margin	3.77%	16.78%	-72.90%	14.94%	17.80%	12.64%
EBITDA	32,637	26,701	32,308	15,132	6,258	9,493
EBITDA Margin	12.78%	12.56%	21.22%	13.28%	6.29%	11.50%
D&A For EBITDA	1,797	1,793	1,820	1,954	2,330	2,596
EBIT	30,840	24,907	30,488	13,178	3,928	6,897
EBIT Margin	12.07%	11.71%	20.03%	11.56%	3.95%	8.35%
Effective Tax Rate	45.78%	39.58%	-	29.88%	33.06%	44.24%

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