NGX:SKYAVN 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	45,724	44,459	28,941	16,547	11,125	8,658
Revenue Growth (YoY)	36.37%	53.62%	74.91%	48.73%	28.50%	24.01%
Cost of Revenue	21,653	19,856	13,159	8,573	6,945	4,977
Gross Profit	24,072	24,603	15,782	7,974	4,180	3,681
Selling, General & Admin	10,812	9,993	6,790	4,740	3,413	2,439
Other Operating Expenses	-234.36	-212.44	-176.59	-207.85	-465.7	-115.38
Operating Expenses	12,320	11,524	7,570	5,208	3,546	3,062
Operating Income	11,751	13,080	8,213	2,766	633.67	619.14
Interest Expense	-1,084	-978.48	-799.71	-367.21	-73.13	-29.95
Interest & Investment Income	127.82	127.82	287.85	400.28	19.83	15.66
Currency Exchange Gain (Loss)	-	-	-	-	-2.78	82.45
Other Non Operating Income (Expenses)	-272.59	-221.62	-287.19	-168.48	-108	-122.16
EBT Excluding Unusual Items	10,523	12,007	7,414	2,630	469.58	565.15
Other Unusual Items	-	-	-927.2	-	-	-
Pretax Income	10,523	12,007	6,486	2,630	469.58	565.15
Income Tax Expense	2,038	2,266	1,653	675.61	160.25	283.12
Net Income	8,485	9,742	4,834	1,955	309.34	282.03
Net Income to Common	8,485	9,742	4,834	1,955	309.34	282.03
Net Income Growth	9.82%	101.54%	147.28%	531.89%	9.68%	-41.53%
Shares Outstanding (Basic)	1,354	1,354	1,354	1,354	1,354	1,354
Shares Outstanding (Diluted)	1,354	1,354	1,354	1,354	1,354	1,354
Shares Change (YoY)	0.11%	-	-	-	-	-
EPS (Basic)	6.27	7.20	3.57	1.44	0.23	0.21
EPS (Diluted)	6.27	7.20	3.57	1.44	0.23	0.21
EPS Growth	9.72%	101.59%	147.22%	531.98%	9.67%	-41.53%
Free Cash Flow	1,711	1,639	1,739	-1,530	-623.93	308.84
Free Cash Flow Per Share	1.26	1.21	1.28	-1.13	-0.46	0.23
Dividend Per Share	1.200	1.200	0.600	0.300	0.165	0.165
Dividend Growth	100.00%	100.00%	100.00%	81.82%	-	-
Gross Margin	52.64%	55.34%	54.53%	48.19%	37.57%	42.52%
Operating Margin	25.70%	29.42%	28.38%	16.71%	5.70%	7.15%
Profit Margin	18.56%	21.91%	16.70%	11.81%	2.78%	3.26%
Free Cash Flow Margin	3.74%	3.69%	6.01%	-9.25%	-5.61%	3.57%
EBITDA	14,284	15,556	10,564	4,918	2,655	2,491
EBITDA Margin	31.24%	34.99%	36.50%	29.72%	23.86%	28.77%
D&A For EBITDA	2,533	2,476	2,352	2,152	2,021	1,872
EBIT	11,751	13,080	8,213	2,766	633.67	619.14
EBIT Margin	25.70%	29.42%	28.38%	16.71%	5.70%	7.15%
Effective Tax Rate	19.36%	18.87%	25.48%	25.69%	34.13%	50.10%
Advertising Expenses	-	540.33	330.38	134.85	18.58	57.72

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