The Initiates Plc (NGX: TIP)
Nigeria
· Delayed Price · Currency is NGN 2.310
-0.090 (-3.75%)
At close: Dec 23, 2024
The Initiates Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2015 |
| Revenue | 2,890 | 1,849 | 841.47 | 333.9 | 448.01 | 550.22 | Upgrade
|
| Revenue Growth (YoY) | 121.78% | 119.79% | 152.01% | -25.47% | -18.58% | -21.49% | Upgrade
|
| Cost of Revenue | 1,859 | 1,202 | 661.11 | 281.59 | 337.61 | 311.91 | Upgrade
|
| Gross Profit | 1,031 | 647.84 | 180.36 | 52.31 | 110.4 | 238.31 | Upgrade
|
| Selling, General & Admin | 214.03 | 165.72 | 175.59 | 98.28 | 105.15 | 107.95 | Upgrade
|
| Other Operating Expenses | -121.94 | 13.56 | 1.88 | -20.87 | -7.98 | 4.51 | Upgrade
|
| Operating Expenses | 101.71 | 188.38 | 185.13 | 86.28 | 111.19 | 133.12 | Upgrade
|
| Operating Income | 929.28 | 459.47 | -4.77 | -33.97 | -0.79 | 105.19 | Upgrade
|
| Interest Expense | -60.38 | -59.91 | -3.07 | -20.3 | -0.93 | -24.86 | Upgrade
|
| Interest & Investment Income | - | - | 0 | - | 0.1 | 1.24 | Upgrade
|
| Currency Exchange Gain (Loss) | 146.66 | 146.66 | 5.07 | 4.19 | 5.8 | 27.33 | Upgrade
|
| Other Non Operating Income (Expenses) | -23.94 | -26.45 | -40.6 | -12.16 | -8.43 | -13.08 | Upgrade
|
| EBT Excluding Unusual Items | 991.62 | 519.77 | -43.37 | -62.24 | -4.24 | 95.82 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | -1.44 | - | Upgrade
|
| Pretax Income | 991.62 | 519.77 | -43.37 | -62.24 | -5.68 | 95.82 | Upgrade
|
| Income Tax Expense | 322.54 | 171.55 | 10.33 | 15 | 78.14 | 53.55 | Upgrade
|
| Net Income | 669.09 | 348.23 | -53.7 | -77.24 | -83.82 | 42.27 | Upgrade
|
| Net Income to Common | 669.09 | 348.23 | -53.7 | -77.24 | -83.82 | 42.27 | Upgrade
|
| Net Income Growth | 864.85% | - | - | - | - | -58.65% | Upgrade
|
| Shares Outstanding (Basic) | 890 | 890 | 890 | 890 | 890 | 890 | Upgrade
|
| Shares Outstanding (Diluted) | 890 | 890 | 890 | 890 | 890 | 890 | Upgrade
|
| Shares Change (YoY) | -0.00% | - | - | - | - | - | Upgrade
|
| EPS (Basic) | 0.75 | 0.39 | -0.06 | -0.09 | -0.09 | 0.05 | Upgrade
|
| EPS (Diluted) | 0.75 | 0.39 | -0.06 | -0.09 | -0.09 | 0.05 | Upgrade
|
| EPS Growth | 863.22% | - | - | - | - | -58.65% | Upgrade
|
| Free Cash Flow | 302.04 | -1.28 | -379.68 | -7.44 | -17.23 | 126.04 | Upgrade
|
| Free Cash Flow Per Share | 0.34 | -0.00 | -0.43 | -0.01 | -0.02 | 0.14 | Upgrade
|
| Dividend Per Share | 0.060 | 0.060 | - | - | - | - | Upgrade
|
| Gross Margin | 35.67% | 35.03% | 21.43% | 15.67% | 24.64% | 43.31% | Upgrade
|
| Operating Margin | 32.15% | 24.84% | -0.57% | -10.17% | -0.18% | 19.12% | Upgrade
|
| Profit Margin | 23.15% | 18.83% | -6.38% | -23.13% | -18.71% | 7.68% | Upgrade
|
| Free Cash Flow Margin | 10.45% | -0.07% | -45.12% | -2.23% | -3.85% | 22.91% | Upgrade
|
| EBITDA | 983.94 | 506.73 | 39.15 | 10.29 | 42.19 | 146.28 | Upgrade
|
| EBITDA Margin | 34.04% | 27.40% | 4.65% | 3.08% | 9.42% | 26.59% | Upgrade
|
| D&A For EBITDA | 54.66 | 47.26 | 43.92 | 44.26 | 42.97 | 41.09 | Upgrade
|
| EBIT | 929.28 | 459.47 | -4.77 | -33.97 | -0.79 | 105.19 | Upgrade
|
| EBIT Margin | 32.15% | 24.84% | -0.57% | -10.17% | -0.18% | 19.12% | Upgrade
|
| Effective Tax Rate | 32.53% | 33.00% | - | - | - | 55.89% | Upgrade
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| Advertising Expenses | - | - | - | - | 0.57 | 0.38 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.