VFD Group PLC (NGX:VFDGROUP)
Nigeria
· Delayed Price · Currency is NGN 10.20
-0.25 (-2.39%)
At close: Apr 28, 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 | 71,392 | 56,531 | 34,007 | 12,143 |
| Revenue | 71,392 | 56,531 | 34,007 | 12,143 |
| Revenue Growth (YoY) | 26.29% | 66.23% | 180.07% | - |
| Cost of Revenue | 2,602 | 1,882 | 735.01 | - |
| Gross Profit | 68,790 | 54,649 | 33,272 | 12,143 |
| Selling, General & Admin | 8,118 | 6,113 | 5,208 | 2,597 |
| Other Operating Expenses | 11,699 | 10,105 | 6,347 | 6,472 |
| Operating Expenses | 23,156 | 19,490 | 12,669 | 10,107 |
| Operating Income | 45,635 | 35,159 | 20,604 | 2,035 |
| Interest Expense | -38,204 | -35,413 | -25,333 | - |
| Earnings From Equity Investments | 132.15 | 34.39 | 375.14 | 334.81 |
| Currency Exchange Gain (Loss) | 1,611 | 1,654 | 2,130 | 1,088 |
| Other Non Operating Income (Expenses) | 1,312 | 957.42 | 715.86 | - |
| EBT Excluding Unusual Items | 10,486 | 2,391 | -1,509 | 3,458 |
| Gain (Loss) on Sale of Investments | 184.6 | 1,448 | 28.05 | 2,719 |
| Gain (Loss) on Sale of Assets | 5.15 | 568.77 | 71.44 | 181.23 |
| Asset Writedown | 3,500 | 5,622 | 229.93 | 2,223 |
| Other Unusual Items | - | -13.75 | 158.64 | - |
| Pretax Income | 14,176 | 10,016 | -1,021 | 8,582 |
| Income Tax Expense | 4,460 | 2,270 | -270.59 | 1,746 |
| Earnings From Continuing Operations | 9,716 | 7,746 | -750.44 | 6,836 |
| Earnings From Discontinued Operations | - | 946.88 | - | - |
| Net Income to Company | 9,716 | 8,693 | -750.44 | 6,836 |
| Minority Interest in Earnings | -2,470 | -2,428 | -1,712 | -1,476 |
| Net Income | 7,246 | 6,265 | -2,463 | 5,360 |
| Net Income to Common | 7,246 | 6,265 | -2,463 | 5,360 |
| Net Income Growth | 15.66% | - | - | - |
| Shares Outstanding (Basic) | 7,601 | 7,601 | 5,702 | 5,701 |
| Shares Outstanding (Diluted) | 7,601 | 7,601 | 5,702 | 5,701 |
| Shares Change (YoY) | - | 33.31% | 0.02% | - |
| EPS (Basic) | 0.95 | 0.82 | -0.43 | 0.94 |
| EPS (Diluted) | 0.95 | 0.82 | -0.43 | 0.94 |
| EPS Growth | 15.85% | - | - | - |
| Free Cash Flow | 107,349 | -42,456 | -13,530 | 20,774 |
| Free Cash Flow Per Share | 14.12 | -5.58 | -2.37 | 3.64 |
| Dividend Per Share | 0.250 | 0.417 | - | - |
| Dividend Growth | -40.01% | - | - | - |
| Gross Margin | 96.36% | 96.67% | 97.84% | 100.00% |
| Operating Margin | 63.92% | 62.19% | 60.59% | 16.76% |
| Profit Margin | 10.15% | 11.08% | -7.24% | 44.14% |
| Free Cash Flow Margin | 150.37% | -75.10% | -39.79% | 171.08% |
| EBITDA | 48,212 | 37,186 | 21,565 | 2,703 |
| EBITDA Margin | 67.53% | 65.78% | 63.41% | 22.26% |
| D&A For EBITDA | 2,578 | 2,027 | 961.3 | 667.32 |
| EBIT | 45,635 | 35,159 | 20,604 | 2,035 |
| EBIT Margin | 63.92% | 62.19% | 60.59% | 16.76% |
| Effective Tax Rate | 31.46% | 22.67% | - | 20.34% |
| Advertising Expenses | - | - | 1,817 | - |
Source: S&P Capital IQ. Standard template. Financial Sources.