Shared on01 Aug 25
WaneInvestmentHouse has increased shares outstanding growth rate from -0.1% to 0.0%.
Shared on22 Jul 25
Subject: Oando Plc Charts Ambitious ₦500bn Capital Raise to Power Strategic Growth Oando Plc has unveiled bold plans to raise up to ₦500 billion through a combination of equity and debt instruments , a move poised to reshape its balance sheet and unlock new strategic opportunities. The proposal, subject to shareholder approval at its upcoming 46th Annual General Meeting , underscores the company’s renewed focus on financial strengthening and aggressive market positioning.
Shared on26 Jun 25Fair value Increased 14%
Three-months 2025 performance highlights Group highlights • Revenue grew by 2% year-on-year to ₦933 billion (Q1 2024: ₦915 billion), supported by higher upstream volumes and FX revaluation gains. • Gross profit increased by 172% to ₦85 billion (Q1 2024: ₦31 billion), reflecting stronger E&P margins.
Shared on25 Jun 25
Oando PLC delivered a surprising profit after tax of ₦113.1 billion in the first quarter of 2025, nearly doubling its Q1 2024 earnings of ₦59.3 billion, despite recording an operating loss of ₦120.3 billion. The performance was primarily supported by a significant tax credit of ₦165.6 billion and a sharp turnaround in net finance income , which helped cushion the impact of an unexpected operational setback.
Shared on04 Jun 25Fair value Increased 0.06%
WaneInvestmentHouse has increased revenue growth from -10.4% to 10.4%, decreased future PE multiple from 7.0x to 6.0x and increased discount rate from 10.0% to 29.0%.
Shared on04 Jun 25
Subject: Oando PLC Delivers Strong Bottom-Line Growth in FY 2024, Driven by Higher Revenue and Operating Income Oando PLC has reported a significant turnaround in its financial performance for the year ended 31 December 2024, showcasing substantial growth across key profitability metrics, both at the Group and Company levels. Key Highlights: Robust Revenue Growth: Group revenue rose sharply by 44% year-on-year to ₦4.09 trillion (2023: ₦2.85 trillion), driven primarily by increased customer contracts and improved market dynamics.
Shared on05 May 25Fair value Decreased 37%
WaneInvestmentHouse has decreased revenue growth from 8.9% to 1.0%, decreased profit margin from 45.0% to 4.3% and increased future PE multiple from 0.7x to 7.0x.
Shared on24 Mar 25Fair value Decreased 0.40%
WaneInvestmentHouse has decreased revenue growth from -21.0% to 8.9%, increased profit margin from 34.0% to 45.0% and decreased future PE multiple from 1.2x to 0.7x.
Shared on06 Mar 25Fair value Increased 0.40%
WaneInvestmentHouse has decreased revenue growth from 10.3% to -21.0%, increased profit margin from 2.3% to 34.0% and decreased future PE multiple from 12.8x to 1.2x.
Shared on26 Jan 25Fair value Decreased 60%
WaneInvestmentHouse has decreased revenue growth from 31.3% to 11.8%.