VFD Group PLC (NGX:VFDGROUP)

Nigeria · Delayed Price · Currency is NGN

12.40

-0.05 (-0.40%)

At close: Aug 14, 2026

VFD Group 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
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	76,105	71,392	56,531	34,007	12,143
Revenue Growth	9.99%	26.29%	66.23%	180.07%	-
Gross Profit	73,751	68,790	54,649	33,272	12,143
Operating Income	48,811	45,635	35,159	20,604	2,035
Net Income	11,333	7,246	6,265	-2,463	5,360
Earnings Per Share	1.49	0.95	0.82	-0.43	0.94
EPS Growth	90.55%	15.85%	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Nigeria	62,423	56,523	36,047	20,422
Ghana	6,233	6,359	4,993	46.6
Total	68,656	62,882	41,040	20,469

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Investments	43,670	97,667	24,557	24,356	2,980
Total Debt	133,536	123,864	121,428	81,600	56,728
Net Cash (Debt)	-89,865	-26,197	-96,871	-57,244	-53,748
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-11.82	-3.45	-12.74	-10.04	-9.43

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Cash Flow	51,962	113,992	-36,598	-8,728	23,898
Capital Expenditures	-10,977	-6,643	-5,858	-4,803	-3,124
Free Cash Flow	40,985	107,349	-42,456	-13,530	20,774
Free Cash Flow Growth	76.46%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Gross Margin	96.91%	96.36%	96.67%	97.84%	100.00%
Operating Margin	64.14%	63.92%	62.19%	60.59%	16.76%
Pretax Margin	26.43%	19.86%	17.72%	-3.00%	70.68%
Profit Margin	14.89%	10.15%	11.08%	-7.24%	44.14%
FCF Margin	53.85%	150.37%	-75.10%	-39.79%	171.08%

Dividends

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Aug '26 Aug 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Dividend Per Share	0.250	0.250	0.417
Dividend Per Share Growth	0%	-40.01%	-
Dividend Yield	2.02%	2.38%	6.73%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
PE Ratio	8.32	11.54	8.98	-	-
P/FCF Ratio	3.83	0.78	-	-	-
PS Ratio	2.06	1.17	1.00	1.13	-