Royal Exchange Plc (NGX:ROYALEX)
Nigeria
· Delayed Price · Currency is NGN 2.850
-0.310 (-9.81%)
At close: Aug 14, 2025
Royal Exchange 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 |
| Premiums & Annuity Revenue | - | - | - | - | - | 8,192 | Upgrade
|
| Total Interest & Dividend Income | 495.58 | 444.04 | 365.93 | 329.19 | 285.6 | 1,097 | Upgrade
|
| Gain (Loss) on Sale of Investments | 15.43 | 7.53 | 39.88 | - | 38.3 | -46.64 | Upgrade
|
| Other Revenue | 2,006 | 1,330 | 592.58 | 240.52 | 54.66 | 987.65 | Upgrade
|
| Total Revenue | 2,517 | 1,781 | 998.38 | 569.71 | 378.56 | 10,229 | Upgrade
|
| Revenue Growth (YoY) | 54.45% | 78.43% | 75.24% | 50.49% | -96.30% | -9.43% | Upgrade
|
| Policy Benefits | - | - | - | - | - | 3,132 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | - | - | - | - | 2,371 | Upgrade
|
| Amortization of Goodwill & Intangibles | - | - | - | 1.62 | 4.81 | 6.5 | Upgrade
|
| Depreciation & Amortization | 5.8 | 5.8 | 0.94 | 6.5 | 6.67 | 147.14 | Upgrade
|
| Selling, General & Administrative | 440.92 | 488.04 | 836.01 | 291.11 | 121.95 | 2,237 | Upgrade
|
| Provision for Bad Debts | - | - | - | - | 4.12 | 209.39 | Upgrade
|
| Other Operating Expenses | 9.4 | 0.52 | -40.59 | - | -141.34 | -233.1 | Upgrade
|
| Total Operating Expenses | 576.24 | 584.22 | 933.1 | 397.64 | 115.32 | 9,723 | Upgrade
|
| Operating Income | 1,941 | 1,197 | 65.28 | 172.07 | 263.25 | 505.86 | Upgrade
|
| Interest Expense | -216.65 | -206.25 | -258.75 | -229.22 | -230.25 | -200.49 | Upgrade
|
| Currency Exchange Gain (Loss) | - | - | - | - | - | 73.32 | Upgrade
|
| Other Non Operating Income (Expenses) | 38.12 | 38.12 | -17.05 | -91.18 | -18.76 | -283.52 | Upgrade
|
| EBT Excluding Unusual Items | 1,763 | 1,029 | -210.51 | -148.33 | 14.24 | 95.16 | Upgrade
|
| Merger & Restructuring Charges | - | - | - | - | - | -0.5 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 0.59 | 41.56 | Upgrade
|
| Asset Writedown | - | - | 8.53 | - | - | - | Upgrade
|
| Other Unusual Items | - | - | - | - | - | -6.19 | Upgrade
|
| Pretax Income | 1,763 | 1,029 | -201.99 | -148.33 | 14.83 | 130.04 | Upgrade
|
| Income Tax Expense | 23.14 | 23.14 | 4.23 | 2.14 | 3.09 | 207.16 | Upgrade
|
| Earnings From Continuing Ops. | 1,740 | 1,006 | -206.22 | -150.47 | 11.74 | -77.12 | Upgrade
|
| Earnings From Discontinued Ops. | - | - | - | -138 | -1,681 | - | Upgrade
|
| Net Income to Company | 1,740 | 1,006 | -206.22 | -288.47 | -1,669 | -77.12 | Upgrade
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| Minority Interest in Earnings | - | - | - | -0.73 | -27.94 | -311.46 | Upgrade
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| Net Income | 1,740 | 1,006 | -206.22 | -289.21 | -1,697 | -388.58 | Upgrade
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| Net Income to Common | 1,740 | 1,006 | -206.22 | -289.21 | -1,697 | -388.58 | Upgrade
|
| Shares Outstanding (Basic) | 5,671 | 7,738 | 5,145 | 5,145 | 5,145 | 5,145 | Upgrade
|
| Shares Outstanding (Diluted) | 5,671 | 7,738 | 5,145 | 5,145 | 5,145 | 5,145 | Upgrade
|
| Shares Change (YoY) | -16.83% | 50.38% | - | - | - | - | Upgrade
|
| EPS (Basic) | 0.31 | 0.13 | -0.04 | -0.06 | -0.33 | -0.08 | Upgrade
|
| EPS (Diluted) | 0.31 | 0.13 | -0.04 | -0.06 | -0.33 | -0.08 | Upgrade
|
| Free Cash Flow | -218.13 | -387 | -1,160 | 1,145 | -7,689 | 951.44 | Upgrade
|
| Free Cash Flow Per Share | -0.04 | -0.05 | -0.23 | 0.22 | -1.49 | 0.18 | Upgrade
|
| Operating Margin | 77.11% | 67.20% | 6.54% | 30.20% | 69.54% | 4.95% | Upgrade
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| Profit Margin | 69.10% | 56.47% | -20.66% | -50.76% | -448.24% | -3.80% | Upgrade
|
| Free Cash Flow Margin | -8.67% | -21.73% | -116.20% | 200.96% | -2031.04% | 9.30% | Upgrade
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| EBITDA | 1,945 | 1,203 | 71.75 | 178.61 | 266.16 | 633.07 | Upgrade
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| EBITDA Margin | 77.24% | 67.56% | 7.19% | 31.35% | 70.31% | 6.19% | Upgrade
|
| D&A For EBITDA | 3.37 | 6.29 | 6.47 | 6.54 | 2.91 | 127.21 | Upgrade
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| EBIT | 1,941 | 1,197 | 65.28 | 172.07 | 263.25 | 505.86 | Upgrade
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| EBIT Margin | 77.11% | 67.20% | 6.54% | 30.20% | 69.54% | 4.95% | Upgrade
|
| Effective Tax Rate | 1.31% | 2.25% | - | - | 20.81% | 159.30% | Upgrade
|
Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.