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	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	305,944	305,944	142,122	90,349
Revenue Growth (YoY)	115.27%	115.27%	57.30%	-
Operations & Maintenance	6,077	6,077	4,423	3,520
Selling, General & Admin	13,561	13,561	6,457	2,938
Depreciation & Amortization	61.82	61.82	55.36	19.25
Provision for Bad Debts	7,200	7,200	2,254	733.8
Other Operating Expenses	164,944	164,944	64,205	46,443
Total Operating Expenses	191,845	191,845	77,395	53,654
Operating Income	114,099	114,099	64,728	36,695
Interest Expense	-9,858	-9,858	-7,694	-4,380
Interest Income	7,343	7,343	3,010	1,260
Net Interest Expense	-2,515	-2,515	-4,684	-3,120
Currency Exchange Gain (Loss)	1,772	1,772	-7,177	-4,131
Other Non-Operating Income (Expenses)	-68	-68	-102.44	-825.47
EBT Excluding Unusual Items	113,287	113,287	52,764	28,619
Pretax Income	113,287	113,287	52,764	28,619
Income Tax Expense	33,274	33,274	22,530	11,336
Net Income	80,013	80,013	30,234	17,283
Net Income to Common	80,013	80,013	30,234	17,283
Net Income Growth	164.65%	164.65%	74.93%	-
Shares Outstanding (Basic)	7,500	7,500	7,500	79
Shares Outstanding (Diluted)	7,500	7,500	7,500	79
Shares Change (YoY)	-	-	9375.68%	-
EPS (Basic)	10.67	10.67	4.03	218.36
EPS (Diluted)	10.67	10.67	4.03	218.36
EPS Growth	164.65%	164.65%	-98.15%	-
Free Cash Flow	46,194	46,194	20,147	17,092
Free Cash Flow Per Share	6.16	6.16	2.69	215.95
Dividend Per Share	5.000	5.000	3.128	-
Dividend Growth	59.85%	59.85%	-	-
Profit Margin	26.15%	26.15%	21.27%	19.13%
Free Cash Flow Margin	15.10%	15.10%	14.18%	18.92%
EBITDA	119,000	119,000	69,485	40,167
EBITDA Margin	38.90%	38.90%	48.89%	44.46%
D&A For EBITDA	4,901	4,901	4,757	3,472
EBIT	114,099	114,099	64,728	36,695
EBIT Margin	37.29%	37.29%	45.54%	40.61%
Effective Tax Rate	29.37%	29.37%	42.70%	39.61%

Source: S&P Capital IQ. Utility template. Financial Sources.