The Initiates Plc (NGX:TIP)

Nigeria flag Nigeria · Delayed Price · Currency is NGN
12.87
-0.13 (-1.00%)
At close: Aug 21, 2025
-1.00%
Market Cap11.45B
Revenue (ttm)7.04B
Net Income (ttm)2.18B
Shares Out889.98M
EPS (ttm)2.45
PE Ratio5.25
Forward PEn/a
Dividend0.10 (0.78%)
Ex-Dividend DateApr 7, 2025
Volume2,700,313
Average Volume5,715,533
Open12.87
Previous Close13.00
Day's Range12.87 - 12.87
52-Week Range1.75 - 17.74
Beta-0.06
RSI50.91
Earnings DateJul 29, 2025

About The Initiates

The Initiates Plc provides waste management, industrial cleaning, and decontamination services. The company offers thermal destruction services for the destruction of chemical waste, medical waste, and other hazardous waste; decontamination, removal, and disposal services for asbestos and asbestos containing materials; waste water treatment systems; E-waste processing services comprising ODS reclamation, data destruction, screens, bulbs/fluorescents processing, and cable/batteries recycling; and thermal desorption services for the treatment of ... [Read more]

Industry Sanitary Services
Founded 1995
Employees 55
Stock Exchange Nigerian Stock Exchange
Ticker Symbol TIP
Full Company Profile

Financial Performance

In 2024, The Initiates's revenue was 4.66 billion, an increase of 152.15% compared to the previous year's 1.85 billion. Earnings were 1.38 billion, an increase of 296.20%.

Financial Statements

News

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