TRANSCORP Income Statement - TTM - Transnational Corporation of Nigeria Plc

Income Statement (TTM)

Transnational Corporation of Nigeria Plc Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	72,446	75,271	84,314	93,575	106,480	111,219	118,173	120,848	121,877	133,718	135,726	152,953	165,500	196,990	253,148	290,293	366,626	407,916	463,071	512,167
Change (%)		3.90	12.01	10.98	13.79	4.45	6.25	2.26	0.85	9.72	1.50	12.69	8.20	19.03	28.51	14.67	26.30	11.26	13.52	10.60
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	42,158	42,944	48,889	52,550	57,770	57,644	59,979	60,056	61,521	70,080	72,549	77,387	84,813	90,468	115,070	142,284	191,495	222,261	250,614	281,598
Change (%)		1.86	13.85	7.49	9.93	-0.22	4.05	0.13	2.44	13.91	3.52	6.67	9.60	6.67	27.19	23.65	34.59	16.07	12.76	12.36
% of Revenue	58.19	57.05	57.98	56.16	54.25	51.83	50.75	49.70	50.48	52.41	53.45	50.60	51.25	45.93	45.46	49.01	52.23	54.49	54.12	54.98

Gross Operating Profit	30,288	32,327	35,425	41,025	48,710	53,576	58,195	60,792	60,356	63,638	63,177	75,566	80,687	106,521	138,078	148,009	175,132	185,655	212,458	230,569
Change (%)		6.73	9.58	15.81	18.73	9.99	8.62	4.46	-0.72	5.44	-0.73	19.61	6.78	32.02	29.62	7.19	18.33	6.01	14.44	8.52
% of Revenue	41.81	42.95	42.02	43.84	45.75	48.17	49.25	50.30	49.52	47.59	46.55	49.40	48.75	54.07	54.54	50.99	47.77	45.51	45.88	45.02

SG&A	8,925	11,616	11,950	15,191	13,620	14,086	15,457	13,758	15,813	16,756	17,992	18,428	21,026	23,522	25,422	28,518	34,864	48,752	56,210	57,608
Change (%)		30.15	2.87	27.13	-10.34	3.42	9.73	-10.99	14.93	5.96	7.38	2.42	14.10	11.87	8.08	12.18	22.25	39.83	15.30	2.49
% of Revenue	12.32	15.43	14.17	16.23	12.79	12.66	13.08	11.38	12.97	12.53	13.26	12.05	12.70	11.94	10.04	9.82	9.51	11.95	12.14	11.25

R&D
Change (%)
% of Revenue

OpEx	52,173	54,601	60,851	65,888	73,428	72,795	76,860	78,011	79,066	88,133	91,472	98,666	109,995	115,976	142,479	177,203	229,397	272,992	311,841	347,560
Change (%)		4.65	11.45	8.28	11.44	-0.86	5.58	1.50	1.35	11.47	3.79	7.86	11.48	5.44	22.85	24.37	29.45	19.00	14.23	11.45
% of Revenue	72.02	72.54	72.17	70.41	68.96	65.45	65.04	64.55	64.87	65.91	67.39	64.51	66.46	58.87	56.28	61.04	62.57	66.92	67.34	67.86

Operating Income	20,273	20,670	23,463	27,687	33,052	38,424	41,314	42,837	42,811	45,585	44,254	54,288	55,505	81,014	110,670	113,090	137,230	134,924	151,230	164,606
Change (%)		1.96	13.51	18.00	19.38	16.25	7.52	3.69	-0.06	6.48	-2.92	22.67	2.24	45.96	36.61	2.19	21.35	-1.68	12.09	8.84
% of Revenue	27.98	27.46	27.83	29.59	31.04	34.55	34.96	35.45	35.13	34.09	32.61	35.49	33.54	41.13	43.72	38.96	37.43	33.08	32.66	32.14

Interest Expense	-16,182	-14,889	-14,242	-14,597	-14,345	-12,325	-12,037	-10,640	-11,408	-12,410	-12,874	-14,110	-15,309	-16,328	-16,005	-15,312	-10,267	-18,533	-21,655	-25,419
Change (%)		-7.99	-4.35	2.50	-1.73	-14.08	-2.33	-11.60	7.21	8.79	3.74	9.60	8.50	6.66	-1.98	-4.33	-32.95	80.51	16.85	17.38
% of Revenue	-22.34	-19.78	-16.89	-15.60	-13.47	-11.08	-10.19	-8.80	-9.36	-9.28	-9.49	-9.22	-9.25	-8.29	-6.32	-5.27	-2.80	-4.54	-4.68	-4.96

Net Income	-2,353	-862	371	3,480	7,663	13,964	15,335	16,601	15,735	7,788	6,736	12,993	13,673	16,378	40,175	38,281	46,454	51,525	46,199	60,006
Change (%)		-63.37	-143.08	837.12	120.20	82.24	9.81	8.26	-5.22	-50.51	-13.50	92.88	5.23	19.78	145.30	-4.71	21.35	10.92	-10.34	29.89
% of Revenue	-3.25	-1.15	0.44	3.72	7.20	12.56	12.98	13.74	12.91	5.82	4.96	8.50	8.26	8.31	15.87	13.19	12.67	12.63	9.98	11.72

Source: Capital IQ

Transnational Corporation of Nigeria Plc - Income Statement (TTM)

Income Statement (TTM)