NGX:TOTAL Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	743,193	767,634	1,041,904	635,952	482,471	341,316
Revenue Growth (YoY)	-25.21%	-26.32%	63.83%	31.81%	41.36%	66.72%
Cost of Revenue	650,758	677,643	917,492	551,409	419,386	284,319
Gross Profit	92,434	89,990	124,412	84,543	63,085	56,997
Selling, General & Admin	86,395	83,608	75,758	48,926	33,801	31,757
Other Operating Expenses	4,173	3,748	6,155	265.42	1,235	1,165
Operating Expenses	90,796	87,585	82,085	49,141	35,536	33,179
Operating Income	1,638	2,405	42,326	35,402	27,550	23,818
Interest Expense	-23,558	-25,620	-25,876	-10,201	-5,392	-1,770
Interest & Investment Income	4,013	4,013	6,266	3,808	2,257	831.04
Currency Exchange Gain (Loss)	1,484	1,484	-4,911	-11,501	71.88	2,163
Other Non Operating Income (Expenses)	-496.06	-	-	-	-	-
EBT Excluding Unusual Items	-16,919	-17,718	17,805	17,508	24,486	25,042
Gain (Loss) on Sale of Assets	5,406	5,406	-318.84	241.02	153.57	-101.57
Legal Settlements	-145.2	-145.2	-260.57	-167.85	-107.54	-105.33
Other Unusual Items	-	-	25,031	-	-	-
Pretax Income	-11,665	-12,457	42,256	17,581	24,532	24,836
Income Tax Expense	896.56	1,396	14,760	4,668	8,414	7,973
Net Income	-12,562	-13,853	27,496	12,913	16,118	16,862
Net Income to Common	-12,562	-13,853	27,496	12,913	16,118	16,862
Net Income Growth	-	-	112.94%	-19.89%	-4.41%	717.21%
Shares Outstanding (Basic)	339	340	340	340	340	340
Shares Outstanding (Diluted)	339	340	340	340	340	340
EPS (Basic)	-37.09	-40.80	80.99	38.03	47.47	49.66
EPS (Diluted)	-37.09	-40.80	80.99	38.03	47.47	49.66
EPS Growth	-	-	112.94%	-19.89%	-4.41%	717.21%
Free Cash Flow	-14,757	-8,277	-14,228	-7,265	-6,874	52,545
Free Cash Flow Per Share	-43.57	-24.38	-41.91	-21.40	-20.25	154.76
Dividend Per Share	-	-	40.000	25.000	25.000	22.200
Dividend Growth	-	-	60.00%	-	12.61%	265.13%
Gross Margin	12.44%	11.72%	11.94%	13.29%	13.08%	16.70%
Operating Margin	0.22%	0.31%	4.06%	5.57%	5.71%	6.98%
Profit Margin	-1.69%	-1.80%	2.64%	2.03%	3.34%	4.94%
Free Cash Flow Margin	-1.99%	-1.08%	-1.37%	-1.14%	-1.43%	15.39%
EBITDA	12,805	12,284	49,005	41,241	32,911	28,870
EBITDA Margin	1.72%	1.60%	4.70%	6.49%	6.82%	8.46%
D&A For EBITDA	11,167	9,879	6,678	5,839	5,361	5,051
EBIT	1,638	2,405	42,326	35,402	27,550	23,818
EBIT Margin	0.22%	0.31%	4.06%	5.57%	5.71%	6.98%
Effective Tax Rate	-	-	34.93%	26.55%	34.30%	32.10%
Advertising Expenses	-	1,420	1,930	613.45	625.93	628.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.