The Initiates Plc (NGX:TIP)

Nigeria · Delayed Price · Currency is NGN

19.90

+0.40 (2.05%)

At close: Apr 15, 2026

Revenue by Segment

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 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	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Waste Management Services (Inc. E-Waste Services)			1.03B	478.83M	197.44M	297.60M	354.71M
Waste Management Services (Inc. E-Waste Services) Growth			115.85%	142.52%	-33.66%	-16.10%	-
Industrial Cleaning Services			815.92M	362.64M	136.46M	34.09M	191.53M
Industrial Cleaning Services Growth			125.00%	165.75%	300.27%	-82.20%	-
E-Waste			-	-	-	116.32M	3.98M
E-Waste Growth			-	-	-	2825.16%	-
Total			1.85B	841.47M	333.90M	448.01M	550.22M
Total Growth			119.79%	152.01%	-25.47%	-18.58%	-21.49%

Revenue by Geography

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 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	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Nigeria			1.85B	841.47M	333.90M	448.01M	550.22M
Nigeria Growth			119.79%	152.01%	-25.47%	-18.58%	-21.49%
Total			1.85B	841.47M	333.90M	448.01M	550.22M
Total Growth			119.79%	152.01%	-25.47%	-18.58%	-21.49%

Source: S&P Global Market Intelligence.