Last Update01 Aug 25Fair value Increased 51%
WaneInvestmentHouse has increased revenue growth from -0.5% to 2.0% and increased profit margin from 8.8% to 10.8%.
📊 Key Highlights (H1 2025 vs H1 2024):
- Revenue grew by 53% to ₦36.76bn from ₦24.03bn.
- Gross Profit rose by 73% to ₦8.32bn.
- Operating Expenses increased by 50%, but still well-managed relative to revenue growth.
- EBITDA more than doubled to ₦4.94bn.
- Profit Before Tax jumped to ₦4.68bn, up 113%.
- Profit After Tax increased by 113% to ₦3.56bn.
💼 Balance Sheet Snapshot:
- Total Assets grew by 79% to ₦53.66bn.
- Current Assets saw a significant jump, largely driven by:
- Inventories: ₦11.56bn (up from ₦3.53bn)
- Receivables: ₦31.52bn (up from ₦16.80bn)
- Total Liabilities rose to ₦45.03bn (from ₦23.32bn), largely due to higher:
- Contract liabilities
- Trade payables
- Equity increased to ₦8.62bn, up 30% from Dec 2024.
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Disclaimer
The user WaneInvestmentHouse holds no position in NGSE:CWG. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.