The Initiates Plc (NGX:TIP)

Market Cap	17.71B +407.7%
Revenue (ttm)	11.70B +150.9%
Net Income	3.39B +145.6%
EPS	3.81 +145.6%
Shares Out	889.98M
PE Ratio	5.23
Forward PE	n/a
Dividend	0.10 (0.51%)
Ex-Dividend Date	Apr 8, 2026

Volume	3,219,320
Average Volume	3,877,766
Open	19.40
Previous Close	19.50
Day's Range	19.30 - 19.90
52-Week Range	4.25 - 21.70
Beta	0.14
RSI	54.03
Earnings Date	Apr 29, 2026

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: 60
• Stock Exchange: Nigerian Stock Exchange
• Ticker Symbol: TIP

Financial Performance

In 2025, The Initiates's revenue was 11.70 billion, an increase of 150.86% compared to the previous year's 4.66 billion. Earnings were 3.39 billion, an increase of 145.57%.