Academy Press Plc has launched its {financial} outcomes for the yr ended thirty first March 2025, reporting a pre-tax revenue of N1.17 billion for the interval.
This displays a 343.8% year-on-year improve in comparison with the N264.1 million recorded in the identical interval in 2024.
Income rose barely to N4.58 billion, up 1.72% from N4.508 billion within the earlier yr, with guide gross sales accounting for the majority of the determine.
On the price facet, the corporate recorded an 8.67% discount in price of gross sales, which declined from N3.5 billion to N3.2 billion.
Promoting and distribution bills rose by 2.6%, whereas administrative bills elevated to N834.2 million, up 20% from the earlier yr.
Nevertheless, the corporate’s different working earnings, pushed largely by earnings from asset disposals, rose sharply to N996.9 million—representing a 171.2% improve and contributing strongly to bottom-line efficiency.
On the stability sheet, whole property stood at N3.6 billion, reflecting a 16.8% rise, whereas retained earnings turned optimistic at N484.1 million, recovering from a lack of N162.6 million within the earlier yr.
Academy Press additionally declared a last dividend of 15 kobo per 50 kobo share, topic to shareholders’ approval and relevant withholding tax. The dividend will likely be paid to shareholders whose names seem within the Register of Members as of the shut of enterprise on Thursday, October 16, 2025.
As of market shut on the twenty second of July 2025, shares of Academy Press have been priced at N7.00, with a year-to-date efficiency of 133%.
