Transcorp Power Plc (NGX:TRANSPOWER)

Transcorp Power Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	376,309	305,944	142,122	90,349
Revenue Growth (YoY)	69.79%	115.27%	57.30%	-
Operations & Maintenance	17,605	6,077	4,423	3,520
Selling, General & Admin	16,764	13,561	6,457	2,938
Depreciation & Amortization	65.89	61.82	55.36	19.25
Provision for Bad Debts	8,556	8,556	2,254	733.8
Other Operating Expenses	209,077	163,588	64,205	46,443
Total Operating Expenses	252,068	191,845	77,395	53,654
Operating Income	124,240	114,099	64,728	36,695
Interest Expense	-12,289	-9,858	-7,694	-4,380
Interest Income	8,137	7,343	3,010	1,260
Net Interest Expense	-4,152	-2,515	-4,684	-3,120
Currency Exchange Gain (Loss)	3,284	1,772	-7,177	-4,131
Other Non-Operating Income (Expenses)	-2,331	-68	-102.44	-825.47
EBT Excluding Unusual Items	121,042	113,287	52,764	28,619
Pretax Income	121,042	113,287	52,764	28,619
Income Tax Expense	33,761	33,274	22,530	11,336
Net Income	87,281	80,013	30,234	17,283
Net Income to Common	87,281	80,013	30,234	17,283
Net Income Growth	61.45%	164.65%	74.93%	-
Shares Outstanding (Basic)	7,500	7,500	328	79
Shares Outstanding (Diluted)	7,500	7,500	328	79
Shares Change (YoY)	85.73%	2188.32%	314.09%	-
EPS (Basic)	11.64	10.67	92.25	218.36
EPS (Diluted)	11.64	10.67	92.25	218.36
EPS Growth	-13.07%	-88.44%	-57.76%	-
Free Cash Flow	73,818	46,194	20,147	17,092
Free Cash Flow Per Share	9.84	6.16	61.47	215.95
Dividend Per Share	3.500	5.000	3.128	-
Dividend Growth	-24.37%	59.85%	-	-
Profit Margin	23.19%	26.15%	21.27%	19.13%
Free Cash Flow Margin	19.62%	15.10%	14.18%	18.92%
EBITDA	129,513	119,000	69,485	40,167
EBITDA Margin	34.42%	38.90%	48.89%	44.46%
D&A For EBITDA	5,273	4,901	4,757	3,472
EBIT	124,240	114,099	64,728	36,695
EBIT Margin	33.02%	37.29%	45.54%	40.62%
Effective Tax Rate	27.89%	29.37%	42.70%	39.61%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.