CWG Plc

NGSE:CWG Stock Report

Market Cap: ₦46.5b

CWG Past Earnings Performance

Past criteria checks 6/6

CWG has been growing earnings at an average annual rate of 57%, while the IT industry saw earnings growing at 34.1% annually. Revenues have been growing at an average rate of 37.6% per year. CWG's return on equity is 57.2%, and it has net margins of 8.4%.

Key information

56.98%

Earnings growth rate

56.98%

EPS growth rate

IT Industry Growth15.31%
Revenue growth rate37.65%
Return on equity57.21%
Net Margin8.35%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How CWG makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:CWG Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2559,0854,9346,2320
31 Mar 2553,2934,3835,7610
31 Dec 2446,3533,0444,9900
30 Sep 2440,0512,2944,4770
30 Jun 2436,8561,8854,0790
31 Mar 2426,8277093,3930
31 Dec 2323,5295763,0440
30 Sep 2322,3085793,0410
30 Jun 2318,2225032,6880
31 Mar 2316,3425312,5550
31 Dec 2214,2074772,4620
30 Sep 2212,4295142,0779
30 Jun 2212,4334721,9779
31 Mar 2211,9484921,9099
31 Dec 2111,7094501,7949
30 Sep 2112,2393481,8208
30 Jun 2112,1934491,7098
31 Mar 2111,6014481,7078
31 Dec 2011,7164431,6948
30 Sep 2011,8865141,9607
30 Jun 2011,1002362,0257
31 Mar 2010,496881,9417
31 Dec 199,567732,0527
30 Sep 199,207-1,5212,50910
30 Jun 199,171-9752,68310
31 Mar 198,414-1,1112,64610
31 Dec 187,755-1,1462,50810
30 Sep 187,481-1,2072,5098
30 Jun 186,664-1,6482,4638
31 Mar 187,789-1,5682,6068
31 Dec 178,827-1,5762,8058
30 Sep 179,1911522,61112
30 Jun 179,6661322,47612
31 Mar 179,7191392,38112
31 Dec 1610,1661282,31112
30 Sep 1610,760-1,2762,20755
30 Jun 1611,965-1,4082,47555
31 Mar 1614,462-1,5542,72455
31 Dec 1515,613-1,7962,88055
30 Sep 1516,438-5452,59150
30 Jun 1515,819-4772,49550
31 Mar 1515,693-1202,43650
31 Dec 1415,3561202,29750

Quality Earnings: CWG has high quality earnings.

Growing Profit Margin: CWG's current net profit margins (8.4%) are higher than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CWG's earnings have grown significantly by 57% per year over the past 5 years.

Accelerating Growth: CWG's earnings growth over the past year (161.7%) exceeds its 5-year average (57% per year).

Earnings vs Industry: CWG earnings growth over the past year (161.7%) exceeded the IT industry 49.6%.


Return on Equity

High ROE: CWG's Return on Equity (57.2%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 05:02
End of Day Share Price 2025/10/27 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

CWG 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.