Lafarge Africa Plc (NGX:WAPCO)

ANSYS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	918,160	696,758	405,503	373,245	293,086	230,573
Revenue Growth (YoY)	82.39%	71.83%	8.64%	27.35%	27.11%	8.25%
Cost of Revenue	424,201	350,931	199,129	177,235	145,806	120,568
Gross Profit	493,958	345,826	206,374	196,010	147,280	110,005
Selling, General & Admin	192,914	156,357	103,232	110,216	76,185	62,360
Other Operating Expenses	-273.31	1,750	1,512	1,466	1,536	1,260
Operating Expenses	193,064	158,430	104,713	112,114	77,746	63,600
Operating Income	300,894	187,397	101,660	83,896	69,534	46,405
Interest Expense	-3,067	-1,639	-562.4	-766.86	-3,764	-7,860
Interest & Investment Income	8,211	2,062	4,654	1,487	527.49	1,053
Earnings From Equity Investments	-	-	-	-	683.31	433.15
Currency Exchange Gain (Loss)	-1,292	-24,271	-21,045	-13,129	1,186	-888.92
Other Non Operating Income (Expenses)	-4,591	-16,666	-4,417	-1,767	-1,334	-573.51
EBT Excluding Unusual Items	300,155	146,882	80,290	69,720	66,833	38,569
Gain (Loss) on Sale of Investments	-	-	-	-	133.92	-
Gain (Loss) on Sale of Assets	799.56	965.96	404.97	24.6	89.74	237.37
Asset Writedown	4,671	4,671	-	-	-4,802	-1,234
Pretax Income	305,626	152,519	80,695	69,745	62,254	37,572
Income Tax Expense	102,153	52,374	29,554	16,097	11,251	6,730
Earnings From Continuing Operations	203,473	100,145	51,141	53,647	51,004	30,842
Net Income to Company	203,473	100,145	51,141	53,647	51,004	30,842
Net Income	203,473	100,145	51,141	53,647	51,004	30,842
Net Income to Common	203,473	100,145	51,141	53,647	51,004	30,842
Net Income Growth	352.04%	95.82%	-4.67%	5.18%	65.37%	-73.20%
Shares Outstanding (Basic)	16,108	16,108	16,108	16,108	16,108	16,108
Shares Outstanding (Diluted)	16,108	16,108	16,108	16,108	16,108	16,108
EPS (Basic)	12.63	6.22	3.17	3.33	3.17	1.91
EPS (Diluted)	12.63	6.22	3.17	3.33	3.17	1.91
EPS Growth	352.84%	96.13%	-4.81%	5.17%	65.78%	-73.26%
Free Cash Flow	201,762	139,018	109,408	77,461	50,041	53,800
Free Cash Flow Per Share	12.53	8.63	6.79	4.81	3.11	3.34
Dividend Per Share	1.200	1.200	1.900	2.000	2.000	1.000
Dividend Growth	-36.84%	-36.84%	-5.00%	-	100.00%	-
Gross Margin	53.80%	49.63%	50.89%	52.52%	50.25%	47.71%
Operating Margin	32.77%	26.90%	25.07%	22.48%	23.72%	20.13%
Profit Margin	22.16%	14.37%	12.61%	14.37%	17.40%	13.38%
Free Cash Flow Margin	21.98%	19.95%	26.98%	20.75%	17.07%	23.33%
EBITDA	331,428	215,335	126,476	105,234	93,358	67,202
EBITDA Margin	36.10%	30.90%	31.19%	28.19%	31.85%	29.15%
D&A For EBITDA	30,534	27,938	24,815	21,338	23,824	20,797
EBIT	300,894	187,397	101,660	83,896	69,534	46,405
EBIT Margin	32.77%	26.90%	25.07%	22.48%	23.72%	20.13%
Effective Tax Rate	33.42%	34.34%	36.62%	23.08%	18.07%	17.91%
Advertising Expenses	-	2,103	1,661	1,714	1,038	780.79

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.