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The Initiates Plc Stock Price

NGSE:TIP Community·₦27.9b Market Cap
  • 1 Narratives written by author
  • 3 Comments on narratives written by author
  • 32 Fair Values set on narratives written by author

TIP Share Price Performance

₦31.30
24.55 (363.70%)
₦31.30
24.55 (363.70%)
Price ₦31.30

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Snowflake Analysis

Flawless balance sheet with solid track record.

3 Risks
2 Rewards

The Initiates Plc Key Details

₦14.1b

Revenue

₦6.8b

Cost of Revenue

₦7.3b

Gross Profit

₦3.1b

Other Expenses

₦4.2b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
4.72
51.89%
29.87%
1.4%
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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, 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.

Recent TIP News & Updates

Narrative Update Jun 03

The Initiates Plc (TIP) – Majority Acquisition of Ugandan Subsidiary to Accelerate Pan-African Expansion

Author: Qudus Adebara The Initiates Plc (TIP) has increased its ownership stake in The Initiates Uganda (TIU) from 35% to 55% following the acquisition of an additional 20% equity interest, transforming the Ugandan operation into a majority-owned subsidiary of the Nigerian-listed environmental and waste management services company. The strategic acquisition represents TIP’s largest cross-border investment to date and reinforces its long-term ambition of building a pan-African waste management and environmental services platform.

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