Veritas Kapital Assurance Plc (NGX:VERITASKAP)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
0.9300
-0.0300 (-3.12%)
At close: Nov 3, 2026

Veritas Kapital Assurance Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
18,57511,28812,7637,9275,6385,093
Revenue Growth
11.69%-11.56%61.00%40.60%10.71%8.19%
Operating Income
-3,6704,753-5,651-593.54611.16309.8
Net Income
-4,2963,733-1,2242,575540.61505.3
Earnings Per Share
-0.27-0.090.190.040.04
EPS Growth
---376.38%6.99%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Non-Life
2,3837,986-4,183-217.74972.733,166
Elimination
-51.3-40.49----
Healthcare
270.21189.17---263.6
Total
2,6018,135-4,183-217.74972.733,430

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash (Debt)
10,1707,97111,1936,5574,4005,882
Net Cash Growth
14.04%-28.78%70.71%49.03%-25.20%38.95%
Net Cash Per Share
-0.570.810.470.320.42
Cash & Investments
10,1707,97111,1936,5574,4005,882

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,824-2,751-1.434,905-2,481-260.79
Capital Expenditures
-879.5-392.29-462.81-157.27-225.54-255.1
Free Cash Flow
944.92-3,144-464.244,748-2,707-515.9
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
-19.76%42.10%-44.28%-7.49%10.84%6.08%
Pretax Margin
-23.45%36.93%-4.92%37.62%13.88%6.76%
Profit Margin
-23.13%33.07%-9.59%32.49%9.59%9.92%
FCF Margin
5.09%-27.85%-3.64%59.89%-48.00%-10.13%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-6.35-1.995.135.76
P/FCF Ratio
13.65--1.08--
PS Ratio
0.692.101.480.650.490.57