Transcorp Power Plc (NGX:TRANSPOWER)

Transcorp Power Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	343,524	305,944	142,122	90,349
Revenue Growth (YoY)	88.73%	115.27%	57.30%	-
Operations & Maintenance	6,041	6,077	4,423	3,520
Selling, General & Admin	15,706	13,542	6,327	2,938
Depreciation & Amortization	68.26	61.82	55.36	19.25
Provision for Bad Debts	8,556	8,556	2,254	733.8
Other Operating Expenses	182,839	163,607	64,335	46,443
Total Operating Expenses	213,210	191,845	77,395	53,654
Operating Income	130,313	114,099	64,728	36,695
Interest Expense	-10,438	-9,858	-7,694	-4,380
Interest Income	7,789	7,343	3,010	1,260
Net Interest Expense	-2,649	-2,515	-4,684	-3,120
Currency Exchange Gain (Loss)	1,282	1,772	-7,177	-4,131
Other Non-Operating Income (Expenses)	-1,148	-68	-102.44	-825.47
EBT Excluding Unusual Items	127,798	113,287	52,764	28,619
Pretax Income	127,798	113,287	52,764	28,619
Income Tax Expense	35,288	33,274	22,530	11,336
Net Income	92,510	80,013	30,234	17,283
Net Income to Common	92,510	80,013	30,234	17,283
Net Income Growth	106.25%	164.65%	74.93%	-
Shares Outstanding (Basic)	7,500	7,500	328	79
Shares Outstanding (Diluted)	7,500	7,500	328	79
Shares Change (YoY)	243.57%	2188.32%	314.09%	-
EPS (Basic)	12.33	10.67	92.25	218.36
EPS (Diluted)	12.33	10.67	92.25	218.36
EPS Growth	-39.97%	-88.44%	-57.76%	-
Free Cash Flow	53,748	46,194	20,147	17,092
Free Cash Flow Per Share	7.17	6.16	61.47	215.95
Dividend Per Share	5.000	5.000	3.128	-
Dividend Growth	59.85%	59.85%	-	-
Profit Margin	26.93%	26.15%	21.27%	19.13%
Free Cash Flow Margin	15.65%	15.10%	14.18%	18.92%
EBITDA	135,356	119,000	69,485	40,167
EBITDA Margin	39.40%	38.90%	48.89%	44.46%
D&A For EBITDA	5,043	4,901	4,757	3,472
EBIT	130,313	114,099	64,728	36,695
EBIT Margin	37.93%	37.29%	45.54%	40.62%
Effective Tax Rate	27.61%	29.37%	42.70%	39.61%

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