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The Initiates Plc Stock Price

NGSE:TIP Community·₦16.6b Market Cap
  • 1 Narratives written by author
  • 3 Comments on narratives written by author
  • 25 Fair Values set on narratives written by author

TIP Share Price Performance

₦18.55
14.65 (375.64%)
₦18.55
14.65 (375.64%)
Price ₦18.55

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Snowflake Analysis

Flawless balance sheet with solid track record.

2 Risks
2 Rewards

The Initiates Plc Key Details

₦11.7b

Revenue

₦5.7b

Cost of Revenue

₦6.0b

Gross Profit

₦2.6b

Other Expenses

₦3.4b

Earnings

Last Reported Earnings
Dec 31, 2025
Next Reporting Earnings
n/a
3.81
51.04%
28.95%
1.9%
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About TIP

Founded
1995
Employees
60
CEO
Reuben Ossai
WebsiteView website
www.initiatesgroup.com

The Initiates Plc provides waste management, industrial cleaning, and decontamination services. The company offers thermal destruction services for the destruction of chemical waste, medical waste, and other hazardous waste; decontamination, removal, and disposal services for asbestos and asbestos containing materials; waste water treatment systems; E-waste processing services comprising ODS reclamation, data destruction, screens, bulbs/fluorescents processing, and cable/batteries recycling; and thermal desorption services for the treatment of drill cuttings, hydrocarbon contaminated soil, and oily sludge. It also provides tank/FPSO/FSO-sludge evacuation services; tanks and vessels, boiler, and heat exchangers cleaning services; jetting and surface preparation services for industrial and commercial facilities; and pipe and drainage cleaning services. The Initiates Plc was incorporated in 1995 and is headquartered in Port Harcourt, Nigeria.

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