The Initiates Plc (NGX:TIP)

Nigeria flag Nigeria · Delayed Price · Currency is NGN
28.20
-1.30 (-4.41%)
At close: May 5, 2026
Market Cap25.10B +605.0%
Revenue (ttm)14.07B +155.5%
Net Income4.20B +142.0%
EPS4.72 +141.8%
Shares Out889.98M
PE Ratio5.98
Forward PEn/a
Dividend0.10 (0.35%)
Ex-Dividend DateApr 8, 2026
Volume16,581,640
Average Volume5,488,467
Open29.00
Previous Close29.50
Day's Range26.55 - 30.00
52-Week Range5.00 - 33.65
Beta0.35
RSI71.91
Earnings DateApr 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 ... [Read more]

Industry Sanitary Services
Founded 1995
Employees 58
Stock Exchange Nigerian Stock Exchange
Ticker Symbol TIP
Full Company Profile

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%.

Financial Statements