Vitafoam Nigeria Plc (NGX:VITAFOAM)

Vitafoam Nigeria Income Statement

Financials in millions NGN. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	107,023	82,640	52,986	46,310	35,404	23,444
Revenue Growth (YoY)	44.17%	55.96%	14.42%	30.80%	51.02%	5.21%
Cost of Revenue	69,599	52,832	35,382	31,687	22,015	12,617
Gross Profit	37,424	29,808	17,605	14,623	13,389	10,827
Selling, General & Admin	605.05	10,184	7,448	8,200	5,750	5,070
Other Operating Expenses	-1,090	-654	-403.96	-395.26	-328.47	-534.44
Operating Expenses	-415.48	9,600	7,063	7,807	5,439	4,536
Operating Income	37,840	20,207	10,542	6,816	7,950	6,291
Interest Expense	-7,586	-6,745	-2,024	-477.06	-682.4	-692.36
Interest & Investment Income	125.1	880.67	1,183	911.46	203.04	87.91
Currency Exchange Gain (Loss)	-12,723	-12,723	-3,648	-6.56	-100.35	68.52
Other Non Operating Income (Expenses)	-169.22	-27.73	-35.76	-34.32	-37.11	-88.1
EBT Excluding Unusual Items	17,486	1,592	6,017	7,210	7,333	5,667
Gain (Loss) on Sale of Assets	-52.13	-64.99	-12.69	4.66	8.44	2.39
Asset Writedown	-	-	-	-	-	-22.35
Pretax Income	17,434	1,527	6,004	7,214	7,342	5,647
Income Tax Expense	4,224	574.6	1,630	2,692	2,745	1,731
Earnings From Continuing Operations	13,210	952.19	4,374	4,522	4,597	3,916
Earnings From Discontinued Operations	-	-	-	-	-	191.63
Net Income to Company	13,210	952.19	4,374	4,522	4,597	4,108
Minority Interest in Earnings	-838.61	-592.49	-434.52	-298.8	-359.74	-295.27
Net Income	12,372	359.7	3,939	4,223	4,237	3,812
Net Income to Common	12,372	359.7	3,939	4,223	4,237	3,812
Net Income Growth	-	-90.87%	-6.73%	-0.33%	11.15%	67.05%
Shares Outstanding (Basic)	1,251	1,251	1,251	1,251	1,251	1,251
Shares Outstanding (Diluted)	1,251	1,251	1,251	1,251	1,251	1,251
EPS (Basic)	9.89	0.29	3.15	3.38	3.39	3.05
EPS (Diluted)	9.89	0.29	3.15	3.38	3.39	3.05
EPS Growth	-	-90.87%	-6.73%	-0.33%	11.15%	67.05%
Free Cash Flow	11,887	2,835	1,183	3,824	-43.15	4,249
Free Cash Flow Per Share	9.50	2.27	0.95	3.06	-0.03	3.40
Dividend Per Share	1.050	1.050	1.560	1.520	1.500	0.700
Dividend Growth	-32.69%	-32.69%	2.63%	1.33%	114.29%	48.94%
Gross Margin	34.97%	36.07%	33.23%	31.58%	37.82%	46.18%
Operating Margin	35.36%	24.45%	19.89%	14.72%	22.45%	26.83%
Profit Margin	11.56%	0.43%	7.43%	9.12%	11.97%	16.26%
Free Cash Flow Margin	11.11%	3.43%	2.23%	8.26%	-0.12%	18.12%
EBITDA	38,843	21,267	11,452	7,586	8,451	6,923
EBITDA Margin	36.29%	25.74%	21.61%	16.38%	23.87%	29.53%
D&A For EBITDA	1,003	1,060	910.51	769.68	500.48	632.45
EBIT	37,840	20,207	10,542	6,816	7,950	6,291
EBIT Margin	35.36%	24.45%	19.89%	14.72%	22.45%	26.83%
Effective Tax Rate	24.23%	37.63%	27.15%	37.32%	37.39%	30.65%
Advertising Expenses	-	479.93	418.21	843.14	395.45	373.69

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.