The Initiates Plc (NGX:TIP)

Market Cap	6.01B
Revenue (ttm)	5.55B
Net Income (ttm)	1.63B
Shares Out	889.98M
EPS (ttm)	1.83
PE Ratio	3.70
Forward PE	n/a
Dividend	0.10 (1.48%)
Ex-Dividend Date	Apr 7, 2025

Volume	179,449
Average Volume	1,453,540
Open	n/a
Previous Close	6.75
Day's Range	n/a
52-Week Range	1.73 - 7.38
Beta	-0.25
RSI	64.37
Earnings Date	Jul 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 ...

• Industry: Sanitary Services
• Founded: 1995
• Employees: 55
• Stock Exchange: Nigerian Stock Exchange
• Ticker Symbol: TIP

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%.