Transcorp Hotels Plc (NGX:TRANSCOHOT)

Transcorp Hotels Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	70,134	41,456	30,439	21,418	10,158
Revenue Growth (YoY)	69.18%	36.19%	42.12%	110.84%	-50.22%
Cost of Revenue	24,045	13,776	10,489	6,602	4,111
Gross Profit	46,089	27,680	19,950	14,815	6,048
Selling, General & Admin	19,788	10,954	8,361	6,899	4,895
Other Operating Expenses	1,119	497.7	66.04	-210.22	-558.3
Operating Expenses	23,567	13,921	11,006	9,219	6,883
Operating Income	22,522	13,759	8,944	5,596	-835.55
Interest Expense	-3,919	-3,811	-4,078	-4,073	-4,852
Interest & Investment Income	594.55	241.86	8.56	4.3	6.21
Currency Exchange Gain (Loss)	4,585	931.47	250.59	-345.95	-844.73
Other Non Operating Income (Expenses)	-1,200	-645.17	-487.53	-279.6	-173.2
EBT Excluding Unusual Items	22,583	10,476	4,637	902.15	-6,699
Merger & Restructuring Charges	-	-	-	-	-2,238
Impairment of Goodwill	-	-1,012	-	-	-
Gain (Loss) on Sale of Assets	29.26	18.13	-3.2	25.46	2.82
Other Unusual Items	-	-	-	735	-
Pretax Income	22,613	9,482	4,634	1,663	-8,934
Income Tax Expense	7,717	3,228	1,772	545.3	-2,665
Earnings From Continuing Operations	14,896	6,254	2,862	1,117	-6,270
Earnings From Discontinued Operations	-	-160.85	-244.59	-	-
Net Income to Company	14,896	6,093	2,618	1,117	-6,270
Minority Interest in Earnings	47.93	62.87	59.84	26.61	-1.06
Net Income	14,944	6,156	2,678	1,144	-6,271
Net Income to Common	14,944	6,156	2,678	1,144	-6,271
Net Income Growth	142.75%	129.90%	134.08%	-	-
Shares Outstanding (Basic)	10,243	10,243	10,243	10,243	8,191
Shares Outstanding (Diluted)	10,243	10,243	10,243	10,243	8,191
Shares Change (YoY)	-	-	-	25.04%	6.11%
EPS (Basic)	1.46	0.60	0.26	0.11	-0.77
EPS (Diluted)	1.46	0.60	0.26	0.11	-0.77
EPS Growth	143.17%	130.77%	136.36%	-	-
Free Cash Flow	7,775	10,690	5,446	4,876	6,688
Free Cash Flow Per Share	0.76	1.04	0.53	0.48	0.82
Dividend Per Share	0.740	0.200	0.130	0.070	-
Dividend Growth	270.00%	53.85%	85.71%	-	-
Gross Margin	65.72%	66.77%	65.54%	69.17%	59.54%
Operating Margin	32.11%	33.19%	29.38%	26.13%	-8.22%
Profit Margin	21.31%	14.85%	8.80%	5.34%	-61.73%
Free Cash Flow Margin	11.09%	25.79%	17.89%	22.77%	65.84%
EBITDA	25,111	16,214	11,421	8,121	1,740
EBITDA Margin	35.80%	39.11%	37.52%	37.92%	17.13%
D&A For EBITDA	2,589	2,455	2,478	2,525	2,575
EBIT	22,522	13,759	8,944	5,596	-835.55
EBIT Margin	32.11%	33.19%	29.38%	26.13%	-8.22%
Effective Tax Rate	34.13%	34.04%	38.23%	32.80%	-
Advertising Expenses	1,586	828.81	370.11	180.98	273.41

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.