View Future GrowthJuli 과거 순이익 실적과거 기준 점검 4/6Juli은 연평균 37.9%의 비율로 수입이 증가해 온 반면, Consumer Retailing 산업은 수입이 10.2% 증가했습니다. 매출은 연평균 12.1%의 비율로 증가했습니다. Juli의 자기자본이익률은 4%이고 순이익률은 7.3%입니다.핵심 정보37.88%순이익 성장률37.88%주당순이익(EPS) 성장률Consumer Retailing 산업 성장률12.41%매출 성장률12.11%자기자본이익률4.04%순이익률7.25%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Jul 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₦129.4m (up 13% from 2Q 2024). Net loss: ₦18.6m (down ₦20.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₦130.8m (up 93% from 3Q 2023). Net loss: ₦7.19m (loss widened 98% from 3Q 2023).Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₦0.009 (vs ₦0.044 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.009 (down from ₦0.044 in 2Q 2023). Revenue: ₦114.2m (up 62% from 2Q 2023). Net income: ₦1.74m (down 80% from 2Q 2023). Profit margin: 1.5% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 02First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₦104.2m (up 48% from 1Q 2023). Net income: ₦1.68m (up ₦11.0m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings.Reported Earnings • Feb 01Full year 2023 earnings released: ₦0.034 loss per share (vs ₦0.34 loss in FY 2022)Full year 2023 results: ₦0.034 loss per share (improved from ₦0.34 loss in FY 2022). Revenue: ₦288.8m (up 14% from FY 2022). Net loss: ₦6.74m (loss narrowed 90% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₦67.8m (up 6.8% from 3Q 2022). Net loss: ₦3.63m (down ₦4.30m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesBoard Change • May 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Jan 05No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Oct 31New major risk - Negative shareholders equityThe company has negative equity. Total equity: -₦1.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₦1.9m). Revenue is less than US$1m (₦512m revenue, or US$354k). Market cap is less than US$10m (₦1.61b market cap, or US$1.11m).Board Change • Oct 07No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Aug 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Revenue is less than US$1m (₦529m revenue, or US$346k). Market cap is less than US$10m (₦1.86b market cap, or US$1.22m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).Reported Earnings • Jul 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₦129.4m (up 13% from 2Q 2024). Net loss: ₦18.6m (down ₦20.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jul 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₦130.8m (up 93% from 3Q 2023). Net loss: ₦7.19m (loss widened 98% from 3Q 2023).Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₦0.009 (vs ₦0.044 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.009 (down from ₦0.044 in 2Q 2023). Revenue: ₦114.2m (up 62% from 2Q 2023). Net income: ₦1.74m (down 80% from 2Q 2023). Profit margin: 1.5% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 02First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₦104.2m (up 48% from 1Q 2023). Net income: ₦1.68m (up ₦11.0m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings.New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₦207k free cash flow). Negative equity (-₦84m). Earnings have declined by 42% per year over the past 5 years. Revenue is less than US$1m (₦289m revenue, or US$180k). Market cap is less than US$10m (₦387.8m market cap, or US$241.6k). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Reported Earnings • Feb 01Full year 2023 earnings released: ₦0.034 loss per share (vs ₦0.34 loss in FY 2022)Full year 2023 results: ₦0.034 loss per share (improved from ₦0.34 loss in FY 2022). Revenue: ₦288.8m (up 14% from FY 2022). Net loss: ₦6.74m (loss narrowed 90% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₦67.8m (up 6.8% from 3Q 2022). Net loss: ₦3.63m (down ₦4.30m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₦70.6m (up 21% from 2Q 2022). Net loss: ₦4.36m (down ₦5.43m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.Reported Earnings • May 08First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ₦70.6m (up 15% from 1Q 2022). Net loss: ₦5.65m (loss narrowed 21% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.Reported Earnings • Feb 06Full year 2022 earnings released: ₦0.055 loss per share (vs ₦0.14 loss in FY 2021)Full year 2022 results: ₦0.055 loss per share (improved from ₦0.14 loss in FY 2021). Revenue: ₦254.1m (down 32% from FY 2021). Net loss: ₦11.1m (loss narrowed 55% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Director Sylvanus Eneche was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₦63.5m (down 38% from 3Q 2021). Net income: ₦672.1k (up 135% from 3Q 2021). Profit margin: 1.1% (up from 0.3% in 3Q 2021).Reported Earnings • Jul 22Second quarter 2022 earnings released: ₦0.013 loss per share (vs ₦0.013 loss in 2Q 2021)Second quarter 2022 results: ₦0.013 loss per share (vs ₦0.013 loss in 2Q 2021). Revenue: ₦58.5m (down 26% from 2Q 2021). Net loss: ₦2.69m (loss widened 3.3% from 2Q 2021).Reported Earnings • Apr 28First quarter 2022 earnings released: ₦0.017 loss per share (vs ₦0.004 loss in 1Q 2021)First quarter 2022 results: ₦0.017 loss per share (down from ₦0.004 loss in 1Q 2021). Revenue: ₦61.6m (down 39% from 1Q 2021). Net loss: ₦3.37m (loss widened 331% from 1Q 2021).Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. No independent directors (9 non-independent directors). Director Sylvanus Eneche was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Feb 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ₦0.026 loss per share (up from ₦0.12 loss in FY 2020). Revenue: ₦372.1m (up 50% from FY 2020). Net loss: ₦5.23m (loss narrowed 78% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 21Full year 2020 earnings released: ₦0.12 loss per share (vs ₦0.008 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₦247.5m (down 29% from FY 2019). Net loss: ₦23.5m (loss widened ₦21.9m from FY 2019). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 20New 90-day low: ₦1.36The company is down 10.0% from its price of ₦1.51 on 22 July 2020. The Nigerien market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 4.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day low: ₦1.36The company is down 10.0% from its price of ₦1.51 on 01 July 2020. The Nigerien market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 4.0% over the same period.매출 및 비용 세부 내역Juli가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NGSE:JULI 매출, 비용 및 순이익 (NGN Millions)날짜매출순이익일반관리비연구개발비31 Mar 264193073031 Dec 254802180030 Sep 25512-1689030 Jun 25529-191031 Mar 255142087031 Dec 244783678030 Sep 24429074030 Jun 24366461031 Mar 243221154031 Dec 23289053030 Sep 23280-6699230 Jun 23275-62100231 Mar 23263-69100331 Dec 22254-67100230 Sep 22274-2756030 Jun 22301-2760031 Mar 22332-3162031 Dec 21372-2465030 Sep 21366094030 Jun 21312-585031 Mar 21258-978031 Dec 20247-2476030 Sep 20254-1977030 Jun 20295-1476031 Mar 20348-1379031 Dec 19349-280031 Dec 18475-691031 Dec 17490-3582031 Dec 16192-2886031 Dec 15165-3780030 Sep 15167-4482030 Jun 15167-46860양질의 수익: JULI는 NGN18.1M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: JULI의 현재 순 이익률 (7.3%)은 지난해 (3.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: JULI는 지난 5년 동안 흑자전환하며 연평균 37.9%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 JULI 의 수익 증가율(53.2%)은 연간 평균(37.9%)을 초과합니다.수익 대 산업: JULI의 지난 1년 수익 증가율(53.2%)은 Consumer Retailing 업계의 12.5%를 상회했습니다.자기자본이익률높은 ROE: JULI의 자본 수익률(4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-retailing 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/24 10:45종가2026/06/24 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Juli plc는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Jul 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₦129.4m (up 13% from 2Q 2024). Net loss: ₦18.6m (down ₦20.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₦130.8m (up 93% from 3Q 2023). Net loss: ₦7.19m (loss widened 98% from 3Q 2023).
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₦0.009 (vs ₦0.044 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.009 (down from ₦0.044 in 2Q 2023). Revenue: ₦114.2m (up 62% from 2Q 2023). Net income: ₦1.74m (down 80% from 2Q 2023). Profit margin: 1.5% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 02First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₦104.2m (up 48% from 1Q 2023). Net income: ₦1.68m (up ₦11.0m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 01Full year 2023 earnings released: ₦0.034 loss per share (vs ₦0.34 loss in FY 2022)Full year 2023 results: ₦0.034 loss per share (improved from ₦0.34 loss in FY 2022). Revenue: ₦288.8m (up 14% from FY 2022). Net loss: ₦6.74m (loss narrowed 90% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₦67.8m (up 6.8% from 3Q 2022). Net loss: ₦3.63m (down ₦4.30m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Board Change • May 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Jan 05No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Oct 31New major risk - Negative shareholders equityThe company has negative equity. Total equity: -₦1.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₦1.9m). Revenue is less than US$1m (₦512m revenue, or US$354k). Market cap is less than US$10m (₦1.61b market cap, or US$1.11m).
Board Change • Oct 07No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Aug 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Revenue is less than US$1m (₦529m revenue, or US$346k). Market cap is less than US$10m (₦1.86b market cap, or US$1.22m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
Reported Earnings • Jul 27Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₦129.4m (up 13% from 2Q 2024). Net loss: ₦18.6m (down ₦20.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jul 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: ₦130.8m (up 93% from 3Q 2023). Net loss: ₦7.19m (loss widened 98% from 3Q 2023).
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: ₦0.009 (vs ₦0.044 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.009 (down from ₦0.044 in 2Q 2023). Revenue: ₦114.2m (up 62% from 2Q 2023). Net income: ₦1.74m (down 80% from 2Q 2023). Profit margin: 1.5% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 02First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ₦104.2m (up 48% from 1Q 2023). Net income: ₦1.68m (up ₦11.0m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings.
New Risk • Feb 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₦207k free cash flow). Negative equity (-₦84m). Earnings have declined by 42% per year over the past 5 years. Revenue is less than US$1m (₦289m revenue, or US$180k). Market cap is less than US$10m (₦387.8m market cap, or US$241.6k). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Reported Earnings • Feb 01Full year 2023 earnings released: ₦0.034 loss per share (vs ₦0.34 loss in FY 2022)Full year 2023 results: ₦0.034 loss per share (improved from ₦0.34 loss in FY 2022). Revenue: ₦288.8m (up 14% from FY 2022). Net loss: ₦6.74m (loss narrowed 90% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 02Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ₦67.8m (up 6.8% from 3Q 2022). Net loss: ₦3.63m (down ₦4.30m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₦70.6m (up 21% from 2Q 2022). Net loss: ₦4.36m (down ₦5.43m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 08First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ₦70.6m (up 15% from 1Q 2022). Net loss: ₦5.65m (loss narrowed 21% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.
Reported Earnings • Feb 06Full year 2022 earnings released: ₦0.055 loss per share (vs ₦0.14 loss in FY 2021)Full year 2022 results: ₦0.055 loss per share (improved from ₦0.14 loss in FY 2021). Revenue: ₦254.1m (down 32% from FY 2021). Net loss: ₦11.1m (loss narrowed 55% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Director Sylvanus Eneche was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ₦63.5m (down 38% from 3Q 2021). Net income: ₦672.1k (up 135% from 3Q 2021). Profit margin: 1.1% (up from 0.3% in 3Q 2021).
Reported Earnings • Jul 22Second quarter 2022 earnings released: ₦0.013 loss per share (vs ₦0.013 loss in 2Q 2021)Second quarter 2022 results: ₦0.013 loss per share (vs ₦0.013 loss in 2Q 2021). Revenue: ₦58.5m (down 26% from 2Q 2021). Net loss: ₦2.69m (loss widened 3.3% from 2Q 2021).
Reported Earnings • Apr 28First quarter 2022 earnings released: ₦0.017 loss per share (vs ₦0.004 loss in 1Q 2021)First quarter 2022 results: ₦0.017 loss per share (down from ₦0.004 loss in 1Q 2021). Revenue: ₦61.6m (down 39% from 1Q 2021). Net loss: ₦3.37m (loss widened 331% from 1Q 2021).
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. No independent directors (9 non-independent directors). Director Sylvanus Eneche was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ₦0.026 loss per share (up from ₦0.12 loss in FY 2020). Revenue: ₦372.1m (up 50% from FY 2020). Net loss: ₦5.23m (loss narrowed 78% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 21Full year 2020 earnings released: ₦0.12 loss per share (vs ₦0.008 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₦247.5m (down 29% from FY 2019). Net loss: ₦23.5m (loss widened ₦21.9m from FY 2019). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 20New 90-day low: ₦1.36The company is down 10.0% from its price of ₦1.51 on 22 July 2020. The Nigerien market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day low: ₦1.36The company is down 10.0% from its price of ₦1.51 on 01 July 2020. The Nigerien market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 4.0% over the same period.