SCOA Nigeria Plc reported a pre-tax revenue of N723.8 million in its unaudited outcomes for the 2025 {financial} yr, in contrast with N27.1 million within the prior yr.
The development displays a mixture of decrease finance expenses, finance revenue, and stronger income efficiency, as full-year turnover rose by 40.94% to N8.3 billion from N5.9 billion in 2024.
A breakdown of income exhibits that gear gross sales remained the first contributor, accounting for 84.61% of complete earnings, whereas vehicle gross sales made up the relaxation.
On the stability sheet, complete belongings stood at N23.9 billion at year-end, with debtors and different receivables comprising the biggest share.
A more in-depth have a look at the revenue assertion exhibits that of the N8.3 billion in income, gear gross sales contributed N7.07 billion, whereas vehicle gross sales accounted for N1.28 billion.
Different revenue elevated to N270.7 million from N143.8 million. As well as, finance expenses declined to N101.6 million from N599.9 million, whereas finance revenue stood at N597.6 million, supporting total profitability.
In consequence, pre-tax revenue rose to N723.8 million from N27.1 million within the earlier yr. After a tax expense of N245.9 million, revenue after tax settled at N477.9 million.
Money and money equivalents closed the yr at N2.7 billion, down from N3.9 billion in 2024.
Shares of SCOA Nigeria Plc have gained 437% year-to-date, closing at N38.15 as of 26 February 2026.
The inventory recorded no worth motion on the newest buying and selling session, reflecting a 0.00% change.
Nonetheless, traders are anticipated to react to the corporate’s FY2025 {financial} leads to subsequent classes.
