UNILEVER Income Statement - TTM - Unilever Nigeria Plc

Income Statement (TTM)

Unilever 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	53,592	52,211	54,965	57,295	57,152	70,524	75,002	81,909	85,619	68,637	68,553	70,181	75,075	103,880	115,719	122,438	136,522	149,523	164,183	183,716
Change (%)		-2.58	5.27	4.24	-0.25	23.40	6.35	9.21	4.53	-19.83	-0.12	2.38	6.97	38.37	11.40	5.81	11.50	9.52	9.80	11.90
% 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	48,592	41,137	43,553	44,160	42,166	50,162	51,230	55,085	61,351	42,037	39,402	42,809	40,140	69,368	78,845	77,460	85,454	94,374	100,639	111,749
Change (%)		-15.34	5.87	1.39	-4.52	18.96	2.13	7.52	11.38	-31.48	-6.27	8.65	-6.24	72.81	13.66	-1.76	10.32	10.44	6.64	11.04
% of Revenue	90.67	78.79	79.24	77.07	73.78	71.13	68.31	67.25	71.66	61.24	57.48	61.00	53.47	66.78	68.13	63.26	62.59	63.12	61.30	60.83

Gross Operating Profit	5,000	11,074	11,412	13,135	14,986	20,362	23,772	26,824	24,267	26,601	29,151	27,372	34,935	34,512	36,874	44,978	51,067	55,149	63,544	71,967
Change (%)		121.48	3.05	15.10	14.09	35.87	16.75	12.84	-9.53	9.62	9.59	-6.10	27.63	-1.21	6.84	21.98	13.54	7.99	15.22	13.26
% of Revenue	9.33	21.21	20.76	22.93	26.22	28.87	31.69	32.75	28.34	38.76	42.52	39.00	46.53	33.22	31.87	36.74	37.41	36.88	38.70	39.17

SG&A	19,648	14,342	15,400	14,963	14,931	18,536	19,544	21,493	22,014	18,319	18,390	17,141	16,362	15,335	19,941	28,294	33,477	37,637	38,621	38,248
Change (%)		-27.00	7.37	-2.84	-0.21	24.15	5.44	9.97	2.43	-16.78	0.39	-6.79	-4.54	-6.28	30.04	41.89	18.32	12.43	2.61	-0.97
% of Revenue	36.66	27.47	28.02	26.12	26.12	26.28	26.06	26.24	25.71	26.69	26.83	24.42	21.79	14.76	17.23	23.11	24.52	25.17	23.52	20.82

R&D
Change (%)
% of Revenue

OpEx	68,189	55,412	58,935	59,092	57,066	68,661	70,672	76,473	83,233	60,278	57,727	59,891	56,426	83,769	97,850	104,764	117,928	131,389	138,586	149,319
Change (%)		-18.74	6.36	0.27	-3.43	20.32	2.93	8.21	8.84	-27.58	-4.23	3.75	-5.78	48.46	16.81	7.07	12.57	11.41	5.48	7.74
% of Revenue	127.24	106.13	107.22	103.14	99.85	97.36	94.23	93.36	97.21	87.82	84.21	85.34	75.16	80.64	84.56	85.56	86.38	87.87	84.41	81.28

Operating Income	-14,597	-3,201	-3,970	-1,797	86	1,863	4,330	5,436	2,386	8,360	10,826	10,291	18,649	20,110	17,869	17,674	18,594	18,134	25,596	34,397
Change (%)		-78.07	24.03	-54.74	-104.79	2,066.87	132.41	25.54	-56.11	250.41	29.51	-4.95	81.22	7.84	-11.14	-1.09	5.20	-2.48	41.15	34.38
% of Revenue	-27.24	-6.13	-7.22	-3.14	0.15	2.64	5.77	6.64	2.79	12.18	15.79	14.66	24.84	19.36	15.44	14.44	13.62	12.13	15.59	18.72

Interest Expense	-105	-59	-187	-53	-59	-63		-186	-428	-695	-1,049	-2,290	-2,786	-2,893	-3,969	-2,344	-1,606	-2,315	-997	-1,509
Change (%)		-44.12	219.20	-71.43	9.66	7.83			130.41	62.32	50.97	118.31	21.69	3.82	37.20	-40.93	-31.51	44.18	-56.95	51.36
% of Revenue	-0.20	-0.11	-0.34	-0.09	-0.10	-0.09		-0.23	-0.50	-1.01	-1.53	-3.26	-3.71	-2.78	-3.43	-1.91	-1.18	-1.55	-0.61	-0.82

Net Income	-10,021	-3,966	-5,572	-2,732	-823	3,409	5,697	4,601	1,978	4,467	5,341	5,322	6,485	8,440	9,126	10,116	17,779	15,143	17,339	25,111
Change (%)		-60.42	40.51	-50.97	-69.88	-514.26	67.12	-19.24	-57.00	125.79	19.56	-0.35	21.85	30.14	8.13	10.84	75.76	-14.83	14.50	44.82
% of Revenue	-18.70	-7.60	-10.14	-4.77	-1.44	4.83	7.60	5.62	2.31	6.51	7.79	7.58	8.64	8.12	7.89	8.26	13.02	10.13	10.56	13.67

Source: Capital IQ

Unilever Nigeria Plc - Income Statement (TTM)

Income Statement (TTM)