ASO Savings and Loans Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Interest and Dividend Income	1,284	1,343	1,156	1,272	998.8	830.86	Upgrade
Total Interest Expense	665.7	1,185	1,010	437.03	2,209	2,667	Upgrade
Net Interest Income	618.46	157.65	145.71	834.8	-1,210	-1,836	Upgrade
Commissions and Fees	1,181	5.97	38.44	21.61	13.27	20.87	Upgrade
Other Revenue	-1,835	22.46	15.75	491.62	-	-	Upgrade
Revenue Before Loan Losses	-284.3	186.08	199.89	1,348	-1,197	-1,815	Upgrade
Provision for Loan Losses	111.94	213.65	131.63	74.19	-3,088	1,956	Upgrade
Revenue	-396.24	-27.57	68.27	1,274	1,892	-3,771	Upgrade
Revenue Growth (YoY)	-	-	-94.64%	-32.66%	-	-	Upgrade
Salaries & Employee Benefits	933.96	933.96	932.72	937.71	1,046	1,156	Upgrade
Cost of Services Provided	72	301.66	314.54	275.76	202.83	198.07	Upgrade
Other Operating Expenses	802.34	802.34	828.48	728.93	627.89	1,489	Upgrade
Total Operating Expenses	1,834	2,064	2,108	1,973	1,904	2,873	Upgrade
Operating Income	-2,230	-2,091	-2,040	-698.71	-12.63	-6,644	Upgrade
EBT Excluding Unusual Items	-2,230	-2,091	-2,040	-698.71	-12.63	-6,644	Upgrade
Pretax Income	-33.61	107.92	112.52	104.45	18.86	-5,972	Upgrade
Income Tax Expense	25.06	25.06	23.39	19.39	1.08	3.99	Upgrade
Net Income	-58.67	82.86	89.13	85.07	17.79	-5,976	Upgrade
Net Income to Common	-58.67	82.86	89.13	85.07	17.79	-5,976	Upgrade
Net Income Growth	-	-7.04%	4.78%	378.27%	-	-	Upgrade
Shares Outstanding (Basic)	-	14,742	14,742	14,742	14,742	-	Upgrade
Shares Outstanding (Diluted)	-	14,742	14,742	14,742	14,742	-	Upgrade
EPS (Basic)	-	0.01	0.01	0.01	0.00	-	Upgrade
EPS (Diluted)	-	0.01	0.01	0.01	0.00	-	Upgrade
EPS Growth	-	-7.05%	4.78%	378.44%	-	-	Upgrade
Free Cash Flow	-	-4,020	-5,596	-2,374	5,433	-7,454	Upgrade
Free Cash Flow Per Share	-	-0.27	-0.38	-0.16	0.37	-	Upgrade
Operating Margin	-	-	-2987.59%	-54.85%	-0.67%	-	Upgrade
Profit Margin	-	-	130.56%	6.68%	0.94%	-	Upgrade
Free Cash Flow Margin	-	-	-8197.31%	-186.38%	287.24%	-	Upgrade
Effective Tax Rate	-	23.22%	20.79%	18.56%	5.70%	-	Upgrade

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.