Vitafoam Nigeria Plc (NGX:VITAFOAM)

Vitafoam Nigeria Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	114,248	111,379	82,640	52,986	46,310	35,404
Revenue Growth (YoY)	21.45%	34.78%	55.96%	14.42%	30.80%	51.02%
Cost of Revenue	71,814	71,255	52,832	35,382	31,687	22,015
Gross Profit	42,435	40,124	29,808	17,605	14,623	13,389
Selling, General & Admin	14,128	13,671	10,566	7,448	8,200	5,750
Other Operating Expenses	-1,314	-1,314	-654	-403.96	-395.26	-328.47
Operating Expenses	12,851	12,305	9,982	7,063	7,807	5,439
Operating Income	29,584	27,820	19,826	10,542	6,816	7,950
Interest Expense	-5,158	-5,811	-6,773	-2,024	-477.06	-682.4
Interest & Investment Income	145.02	76.95	880.67	1,183	911.46	203.04
Currency Exchange Gain (Loss)	-623.8	-619.37	-12,723	-3,648	-6.56	-100.35
Other Non Operating Income (Expenses)	-20.92	-	-	-35.76	-34.32	-37.11
EBT Excluding Unusual Items	23,926	21,467	1,210	6,017	7,210	7,333
Gain (Loss) on Sale of Assets	13.57	13.57	-64.99	-12.69	4.66	8.44
Pretax Income	23,939	21,480	1,145	6,004	7,214	7,342
Income Tax Expense	7,801	6,943	193.13	1,630	2,692	2,745
Earnings From Continuing Operations	16,139	14,537	952.19	4,374	4,522	4,597
Net Income to Company	16,139	14,537	952.19	4,374	4,522	4,597
Minority Interest in Earnings	-1,201	-1,026	-592.49	-434.52	-298.8	-359.74
Net Income	14,938	13,511	359.7	3,939	4,223	4,237
Net Income to Common	14,938	13,511	359.7	3,939	4,223	4,237
Net Income Growth	976.47%	3656.25%	-90.87%	-6.73%	-0.33%	11.15%
Shares Outstanding (Basic)	1,501	1,501	1,501	1,501	1,501	1,501
Shares Outstanding (Diluted)	1,501	1,501	1,501	1,501	1,501	1,501
Shares Change (YoY)	-0.05%	-	-	-	-	-
EPS (Basic)	9.95	9.00	0.24	2.62	2.81	2.82
EPS (Diluted)	9.95	9.00	0.24	2.62	2.81	2.82
EPS Growth	976.86%	3655.63%	-90.87%	-6.73%	-0.33%	11.15%
Free Cash Flow	29,634	14,157	2,835	1,183	3,824	-43.15
Free Cash Flow Per Share	19.75	9.43	1.89	0.79	2.55	-0.03
Dividend Per Share	2.500	2.500	0.875	1.300	1.267	1.250
Dividend Growth	185.71%	185.71%	-32.69%	2.63%	1.34%	114.30%
Gross Margin	37.14%	36.02%	36.07%	33.23%	31.58%	37.82%
Operating Margin	25.89%	24.98%	23.99%	19.89%	14.72%	22.45%
Profit Margin	13.08%	12.13%	0.43%	7.43%	9.12%	11.97%
Free Cash Flow Margin	25.94%	12.71%	3.43%	2.23%	8.26%	-0.12%
EBITDA	30,609	28,847	20,886	11,452	7,586	8,451
EBITDA Margin	26.79%	25.90%	25.27%	21.61%	16.38%	23.87%
D&A For EBITDA	1,025	1,027	1,060	910.51	769.68	500.48
EBIT	29,584	27,820	19,826	10,542	6,816	7,950
EBIT Margin	25.89%	24.98%	23.99%	19.89%	14.72%	22.45%
Effective Tax Rate	32.59%	32.32%	16.86%	27.15%	37.32%	37.39%
Advertising Expenses	-	838.15	479.93	418.21	843.14	395.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.