The Initiates Plc (NGX:TIP)
Nigeria
· Delayed Price · Currency is NGN 19.10
+0.10 (0.53%)
At close: Mar 9, 2026
The Initiates Balance Sheet
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Cash & Equivalents | 2,547 | 47.58 | 199.66 | 159.03 | 658.18 | Upgrade
|
| Cash & Short-Term Investments | 2,547 | 47.58 | 199.66 | 159.03 | 658.18 | Upgrade
|
| Cash Growth | 5252.75% | -76.17% | 25.55% | -75.84% | 7516.81% | Upgrade
|
| Accounts Receivable | 5,180 | 2,826 | 485.24 | 292.03 | 158.45 | Upgrade
|
| Other Receivables | 0.65 | 0.65 | - | 0.01 | 0.01 | Upgrade
|
| Receivables | 5,241 | 2,827 | 490.19 | 293.88 | 159.1 | Upgrade
|
| Inventory | 68.81 | 29.15 | 13.58 | 14.93 | 6.42 | Upgrade
|
| Prepaid Expenses | 150.43 | 22.2 | 19.89 | 13.77 | 23.45 | Upgrade
|
| Other Current Assets | 1,121 | 3.87 | 61.56 | 66.78 | 78.08 | Upgrade
|
| Total Current Assets | 9,128 | 2,930 | 784.88 | 548.4 | 925.23 | Upgrade
|
| Property, Plant & Equipment | 2,618 | 1,930 | 1,531 | 1,140 | 833.86 | Upgrade
|
| Long-Term Investments | 115.91 | 105.62 | 105.26 | 105.14 | 6.31 | Upgrade
|
| Long-Term Deferred Charges | 3.87 | 3.87 | 7.74 | 11.61 | - | Upgrade
|
| Other Long-Term Assets | 0.73 | 150.78 | 130.76 | 284.67 | 29.05 | Upgrade
|
| Total Assets | 11,867 | 5,120 | 2,560 | 2,090 | 1,794 | Upgrade
|
| Accounts Payable | 1,448 | 848.84 | 258.8 | 401.82 | 36 | Upgrade
|
| Accrued Expenses | 2,424 | 550.76 | 124.96 | 101.99 | 97.4 | Upgrade
|
| Short-Term Debt | - | 178.81 | 269.82 | - | - | Upgrade
|
| Current Income Taxes Payable | 2,156 | 386.38 | 16.69 | 7.55 | 0.83 | Upgrade
|
| Current Unearned Revenue | - | - | - | 35.49 | 63.32 | Upgrade
|
| Other Current Liabilities | 138.33 | 64.44 | 39.15 | 47.79 | 7.24 | Upgrade
|
| Total Current Liabilities | 6,167 | 2,029 | 709.42 | 594.63 | 204.8 | Upgrade
|
| Long-Term Debt | 98 | 350 | 550 | 700 | 700 | Upgrade
|
| Long-Term Deferred Tax Liabilities | 360.04 | 267.04 | 122.13 | 82.52 | 123.08 | Upgrade
|
| Total Liabilities | 6,625 | 2,646 | 1,382 | 1,377 | 1,028 | Upgrade
|
| Common Stock | 444.99 | 444.99 | 444.99 | 444.99 | 444.99 | Upgrade
|
| Additional Paid-In Capital | 17.78 | 17.78 | 17.78 | 17.78 | 17.78 | Upgrade
|
| Retained Earnings | 4,476 | 1,708 | 411.98 | -53.38 | 0.32 | Upgrade
|
| Comprehensive Income & Other | 303.47 | 303.47 | 303.47 | 303.47 | 303.47 | Upgrade
|
| Shareholders' Equity | 5,242 | 2,474 | 1,178 | 712.86 | 766.57 | Upgrade
|
| Total Liabilities & Equity | 11,867 | 5,120 | 2,560 | 2,090 | 1,794 | Upgrade
|
| Total Debt | 98 | 528.81 | 819.82 | 700 | 700 | Upgrade
|
| Net Cash (Debt) | 2,449 | -481.23 | -620.15 | -540.97 | -41.82 | Upgrade
|
| Net Cash Per Share | 2.76 | -0.54 | -0.70 | -0.61 | -0.05 | Upgrade
|
| Filing Date Shares Outstanding | 889.98 | 889.98 | 889.98 | 889.98 | 889.98 | Upgrade
|
| Total Common Shares Outstanding | 889.98 | 889.98 | 889.98 | 889.98 | 889.98 | Upgrade
|
| Working Capital | 2,962 | 900.5 | 75.46 | -46.24 | 720.43 | Upgrade
|
| Book Value Per Share | 5.89 | 2.78 | 1.32 | 0.80 | 0.86 | Upgrade
|
| Tangible Book Value | 5,242 | 2,474 | 1,178 | 712.86 | 766.57 | Upgrade
|
| Tangible Book Value Per Share | 5.89 | 2.78 | 1.32 | 0.80 | 0.86 | Upgrade
|
| Land | 71.73 | 71.73 | 71.17 | 65.5 | 43.6 | Upgrade
|
| Buildings | 415.25 | 372.13 | 174.94 | 174.94 | 174.7 | Upgrade
|
| Machinery | 2,538 | 1,468 | 802.36 | 765.56 | 750.03 | Upgrade
|
| Construction In Progress | - | 302.88 | 705.12 | 309.4 | - | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.