Veritas Kapital Assurance Plc (NGX:VERITASKAP)

Nigeria · Delayed Price · Currency is NGN

1.690

+0.030 (1.81%)

At close: Jul 24, 2026

Veritas Kapital Assurance Financials Overview

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

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

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	13,355	11,288	12,763	7,927	5,638	5,093
Revenue Growth	-12.64%	-11.56%	61.00%	40.60%	10.71%	8.19%
Operating Income	5,348	4,753	-5,651	-593.54	611.16	309.8
Net Income	3,628	3,733	-1,224	2,575	540.61	505.3
Earnings Per Share	0.26	0.27	-0.09	0.19	0.04	0.04
EPS Growth	-	-	-	376.38%	6.99%	-

Revenue by Segment

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
Consolidation Adjustments	-43.01	-40.49	-	-	-	-
Healthcare	197.83	189.17	-	-	-	263.6
Non-Life	8,402	7,986	-4,183	-217.74	972.73	3,166
Total	8,557	8,135	-4,183	-217.74	972.73	3,430

Cash & Debt

Fiscal Year	Current	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
Net Cash (Debt)	9,778	7,971	11,193	6,557	4,400	5,882
Net Cash Growth	-20.89%	-28.78%	70.71%	49.03%	-25.20%	38.95%
Net Cash Per Share	0.71	0.57	0.81	0.47	0.32	0.42
Cash & Investments	9,778	7,971	11,193	6,557	4,400	5,882

Cash Flow & CapEx

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
Operating Cash Flow	-7,177	-2,751	-1.43	4,905	-2,481	-260.79
Capital Expenditures	-689.43	-392.29	-462.81	-157.27	-225.54	-255.1
Free Cash Flow	-7,867	-3,144	-464.24	4,748	-2,707	-515.9
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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
Operating Margin	40.04%	42.10%	-44.28%	-7.49%	10.84%	6.08%
Pretax Margin	32.91%	36.93%	-4.92%	37.62%	13.88%	6.76%
Profit Margin	27.17%	33.07%	-9.59%	32.49%	9.59%	9.92%
FCF Margin	-58.90%	-27.85%	-3.64%	59.89%	-48.00%	-10.13%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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
PE Ratio	6.46	6.35	-	1.99	5.13	5.76
P/FCF Ratio	-	-	-	1.08	-	-
PS Ratio	1.75	2.10	1.48	0.65	0.49	0.57