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✅ Key Financial Highlights (Year Ended 31 May 2025 vs 31 May 2024) Metric 2025 (₦’000) 2024 (₦’000) YoY Change Revenue 212,634,336 152,249,309 +39.7% Cost of Sales (154,930,174) (98,120,852) +57.9% Gross Profit 57,704,163 54,128,457 +6.6% Operating Profit/(Loss) (14,544,859) 6,108,171 Significant Decline Profit/(Loss) Before Tax (2,261,978) 2,010,062 -212.5% Profit/(Loss) for the Year (5,753,248) 5,536,119 -203.9% Total Comprehensive Income (5,753,248) 5,536,119 -203.9% Earnings Per Share (EPS) (₦1) ₦5 -120% ✅ Q4 2025 vs Q4 2024 Snapshot Metric Q4 2025 (₦’000) Q4 2024 (₦’000) YoY Change Revenue 58,222,205 42,542,006 +36.9% Gross Profit 16,120,775 15,549,046 +3.7% Operating Profit/(Loss) (7,753,575) 4,992,182 Significant Decline Profit/(Loss) for the Quarter (5,753,248) 4,992,182 -215.2% ✅ Key Observations & Analysis 1. Revenue Growth vs Cost Pressure Revenue grew ~40% YoY , driven by pricing and possibly volume growth.

✅ Strengths Impressive Revenue Growth : Revenue surged 63.4% YoY to ₦78.2bn in H1 2025 (vs ₦47.9bn in H1 2024), reflecting strong demand and effective pricing strategies. Explosive Profit Growth : Profit after tax jumped 334% YoY to ₦18.7bn (H1 2024: ₦4.3bn).

Aradel Holdings Plc H1/Q2 Result - Solid Half-Year Performance Despite Cost Pressures Aradel Holdings Plc delivered a resilient H1 2025 performance, underpinned by impressive revenue growth of +37.18% YoY to ₦368 billion and a pre-tax profit increase of +17.89% YoY to ₦191.3 billion , despite significant margin pressures in Q2. The company continues to demonstrate strong fundamentals and cash-generating ability, supported by its diversified revenue streams from crude oil, refined products, and gas.

Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth Eterna Plc’s FY 2024 results reflect a strong turnaround marked by a return to profitability, double-digit top-line and gross profit growth, and strategic board and capital restructuring. The company has begun to reap the benefits of its repositioning across the energy value chain, including retail, lubricants, LPG, and aviation fueling.

Haldane McCall Plc has reported a stable performance for the half-year ended June 30, 2025, demonstrating consistent profitability, healthy balance sheet strength, and improved asset base — although growth in inventories and receivables may require close monitoring for operational efficiency. Key Highlights from the Financial Results: Profitability Maintained Revenue declined significantly by 57% YoY to ₦1.20 billion (from ₦2.78 billion in H1 2024), raising questions on top-line sustainability.

Chams H1/Q2 Result– Uneven Recovery with Growing Structural Pressure (High Revenue Growth Dampened by Rising Costs and Margin Pressure) Chams Holding Company Plc’s H1 2025 unaudited results show continued growth in topline performance but also reveal worrying signs of profitability strain and cost management challenges. The company remains a digital services provider with a strong asset base and strategic investments in subsidiaries.

QuantumScape: From Ambitious Science to the Cusp of a Battery Revolution Links to my detailed research videos https://www.youtube.com/playlist?list=PLTxyzjHIS6phTvuEN20Iv5uA1g9qLcmc5 QuantumScape (QS) , a company that for years was often dismissed as a mere "science project" by skeptics, has definitively transformed into a formidable business on the verge of real-world impact1.... Having chosen the "Hard Path" to tackle fundamental battery challenges, QuantumScape's journey, spanning over a decade and fueled by approximately $1.5 billion in funding (with roughly $300 million strategically deployed to date), is now poised for commercial success3....

Ticker : ZGSE:KOEI | Sector : Industrials | Market Cap : ~1.50B EUR | Current Price : 584.00 EUR (July 2025) | Estimated Fair Value : 1,146.52 EUR Why Invest in KONČAR Group? KONČAR Group (KOEI), a leading Croatian industrial conglomerate specializing in electrical equipment, renewable energy, and urban mobility, is significantly undervalued, offering ~96% upside to a conservative fair value of 1,146.52 EUR.

MeCure Industries Plc has delivered exceptional growth in Q2 2025, highlighted by a 634% YoY surge in pre-tax profit and 165% revenue growth , driven primarily by booming demand in its acute care and OTC product segments. The company’s sharp revenue and margin expansion have firmly placed it on an upward profitability trajectory.