VFD Group PLC (NGX:VFDGROUP)
Nigeria
· Delayed Price · Currency is NGN 11.80
+0.30 (2.61%)
At close: Mar 6, 2026
VFD Group Income Statement
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 |
|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
| Other Revenue | 71,208 | 62,882 | 34,007 | 12,143 |
| Revenue | 71,208 | 62,882 | 34,007 | 12,143 |
| Revenue Growth (YoY) | 13.24% | 84.91% | 180.07% | - |
| Cost of Revenue | 2,507 | 1,885 | 735.01 | - |
| Gross Profit | 68,701 | 60,997 | 33,272 | 12,143 |
| Selling, General & Admin | 8,102 | 6,856 | 5,208 | 2,597 |
| Other Operating Expenses | 12,560 | 11,052 | 6,347 | 6,472 |
| Operating Expenses | 24,382 | 21,876 | 12,669 | 10,107 |
| Operating Income | 44,319 | 39,121 | 20,604 | 2,035 |
| Interest Expense | -40,182 | -37,588 | -25,333 | - |
| Earnings From Equity Investments | 108.65 | 34.39 | 375.14 | 334.81 |
| Currency Exchange Gain (Loss) | 1,324 | 2,115 | 2,130 | 1,088 |
| Other Non Operating Income (Expenses) | 4,032 | 957.53 | 715.86 | - |
| EBT Excluding Unusual Items | 9,601 | 4,640 | -1,509 | 3,458 |
| Gain (Loss) on Sale of Investments | -511.35 | 859.66 | 28.05 | 2,719 |
| Gain (Loss) on Sale of Assets | 4.43 | 568.77 | 71.44 | 181.23 |
| Asset Writedown | 2,222 | 5,622 | 229.93 | 2,223 |
| Other Unusual Items | - | -440.99 | 158.64 | - |
| Pretax Income | 11,317 | 11,250 | -1,021 | 8,582 |
| Income Tax Expense | 1,635 | 2,557 | -270.59 | 1,746 |
| Earnings From Continuing Operations | 9,682 | 8,693 | -750.44 | 6,836 |
| Minority Interest in Earnings | -2,613 | -2,428 | -1,712 | -1,476 |
| Net Income | 7,069 | 6,265 | -2,463 | 5,360 |
| Net Income to Common | 7,069 | 6,265 | -2,463 | 5,360 |
| Net Income Growth | 12.84% | - | - | - |
| Shares Outstanding (Basic) | 7,601 | 7,285 | 5,702 | 5,701 |
| Shares Outstanding (Diluted) | 7,601 | 7,285 | 5,702 | 5,701 |
| Shares Change (YoY) | 4.35% | 27.76% | 0.02% | - |
| EPS (Basic) | 0.93 | 0.86 | -0.43 | 0.94 |
| EPS (Diluted) | 0.93 | 0.86 | -0.43 | 0.94 |
| EPS Growth | 8.14% | - | - | - |
| Free Cash Flow | 74,446 | -46,028 | -13,530 | 20,774 |
| Free Cash Flow Per Share | 9.79 | -6.32 | -2.37 | 3.64 |
| Dividend Per Share | - | 0.417 | - | - |
| Gross Margin | 96.48% | 97.00% | 97.84% | 100.00% |
| Operating Margin | 62.24% | 62.21% | 60.59% | 16.76% |
| Profit Margin | 9.93% | 9.96% | -7.24% | 44.14% |
| Free Cash Flow Margin | 104.55% | -73.20% | -39.79% | 171.08% |
| EBITDA | 47,410 | 41,175 | 21,565 | 2,703 |
| EBITDA Margin | 66.58% | 65.48% | 63.41% | 22.26% |
| D&A For EBITDA | 3,092 | 2,055 | 961.3 | 667.32 |
| EBIT | 44,319 | 39,121 | 20,604 | 2,035 |
| EBIT Margin | 62.24% | 62.21% | 60.59% | 16.76% |
| Effective Tax Rate | 14.45% | 22.73% | - | 20.34% |
| Advertising Expenses | 1,612 | 1,548 | 1,817 | - |
Source: S&P Capital IQ. Standard template. Financial Sources.