Chams Holding Company Plc

NGSE:CHAMS Stock Report

Market Cap: ₦27.9b

Chams Holding Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Chams Holding.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Software earnings growth20.0%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

None

Last updatedn/a

Recent future growth updates

No updates

Recent updates

Narrative Update May 07

Chams Holding Company Plc Delivers Strong FY 2025 Earnings Growth Driven by Revenue Expansion and Capital Strengthening

Analyst: Qudus Adebara (DLM Securities, Research Analyst) Executive Summary Chams Holding Company Plc recorded a solid financial performance for the year ended December 31, 2025, supported by strong revenue growth across its biometrics, card technology, and digital infrastructure segments, improved operating efficiency, and a significantly strengthened capital base following a major equity raise. Group revenue increased by 18% YoY to ₦17.50 billion, driven primarily by growth in biometrics-related solutions and data card products.
Narrative Update Feb 24

CHAMS Q3 RESULT – Modest Recovery Amid Revenue Softness and Elevated Financing Costs

Analyst: Qudus Adebara Executive Summary Chams Holding Company Plc released its unaudited financial statements for the nine months ended 30 September 2025 , reflecting moderate top-line stability but weaker bottom-line performance due to increased financing costs and reduced other operating income. The Group recorded a profit after tax of ₦500.7 million for the nine-month period, compared to ₦1.08 billion in the corresponding period of 2024 — representing a 53.5% year-on-year decline.
Narrative Update Nov 06

CHAMS Q3 Result – Resilient Earnings and Solid Balance Sheet Position Despite Revenue Decline

Executive Summary Chams Holding Company Plc released its unaudited financial statements for the nine months ended September 30, 2025, reflecting a period of operational resilience amid top-line pressure. Although revenue moderated year-on-year, profitability was sustained through disciplined cost management and strategic focus on high-margin digital and identity management services.
Narrative Update Aug 05

Chams H1/Q2 Result– Uneven Recovery with Growing Structural Pressure (High Revenue Growth Dampened by Rising Costs and Margin Pressure)

Chams Holding Company Plc: Strategic Capital Raise to Strengthen Balance Sheet and Accelerate Growth Chams Holding Company Plc’s decision to raise ₦7.65 billion through a hybrid capital raise—comprising a Rights Issue and Private Placement —reflects a deliberate effort to fortify its financial base, reduce leverage, and fuel its strategic expansion into digital identity and secure payment solutions. This move positions Chams to capture growth opportunities in the fast-evolving African fintech and digital security markets, although execution and market risks remain.

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chams Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NGSE:CHAMS - Analysts future estimates and past financials data (NGN Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202617,984760-866-541N/A
12/31/202517,654521-716-662N/A
9/30/202515,166-57-330-313N/A
6/30/202516,40536-1,286-612N/A
3/31/202515,24138746826N/A
12/31/202414,841474-150630N/A
9/30/202415,261762-1,960-871N/A
6/30/202412,539-542-911-379N/A
3/31/202410,534-336921,126N/A
12/31/20239,6467849534N/A
9/30/20239,4040-226-464N/A
6/30/20238,376968-1,355-1,590N/A
3/31/20236,788-137-4,287-4,030N/A
12/31/20225,066-325-3,879-3,646N/A
9/30/20224,045-395-1,201250N/A
6/30/20223,810-174-1,891-532N/A
3/31/20223,451-2501,7902,677N/A
12/31/20213,325-3003631,258N/A
9/30/20213,368-730-1,411-1,259N/A
6/30/20212,852-897-842-713N/A
3/31/20212,311-878-3,305-3,188N/A
12/31/20202,111-820-1,768-1,680N/A
9/30/20201,677-106-607-504N/A
6/30/20202,21816-192-111N/A
3/31/20202,524115344415N/A
12/31/20193,286277N/A112N/A
9/30/20193,603464N/A-253N/A
6/30/20193,600336N/A155N/A
3/31/20193,570404N/A-528N/A
12/31/20183,013339N/A-163N/A
9/30/20182,681-945N/A54N/A
6/30/20182,473-915N/A-290N/A
3/31/20182,361-1,051N/A-148N/A
12/31/20171,957-1,255N/A245N/A
9/30/20171,863-1,679N/A497N/A
6/30/20171,652-1,511N/AN/AN/A
3/31/20171,527-1,519N/AN/AN/A
12/31/20161,482-1,429N/A448N/A
9/30/20161,862-2,597N/AN/AN/A
6/30/20161,621-2,783N/AN/AN/A
3/31/20161,559-3,009N/AN/AN/A
12/31/20151,610-3,252N/A180N/A
9/30/20153,032-341N/AN/AN/A
6/30/20153,373-188N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CHAMS's forecast earnings growth is above the savings rate (15.5%).

Earnings vs Market: Insufficient data to determine if CHAMS's earnings are forecast to grow faster than the NG market

High Growth Earnings: Insufficient data to determine if CHAMS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if CHAMS's revenue is forecast to grow faster than the NG market.

High Growth Revenue: Insufficient data to determine if CHAMS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CHAMS's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 13:17
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chams Holding Company Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.