ABC Transport reviews N1.4 billion full-year revenue, as waybills prime income

ABC Transport Plc reported a pretax revenue of N1.4 billion for the 2025 monetary 12 months, greater than double the N634.7 million recorded in 2024.

This efficiency was disclosed within the firm’s unaudited monetary statements for the 12 months ended December 2025.

Profitability was largely pushed by stronger income, which rose to N16.3 billion from N12.6 billion within the earlier 12 months, with masses and waybills main income, adopted by haulage.

The improved end result was additional supported by different revenue and a discount in finance prices, which declined to N433.4 million from N532.3 million a 12 months earlier.

Key highlights (FY 2025 vs FY 2024)

Income: N16.3 billion, up 29.33% YoY
Direct prices: N12.4 billion, up 24.88% YoY
Gross revenue: N3.8 billion, up 46.22% YoY
Administrative bills: N2.7 billion, up 67.11% YoY
Different working revenue: N602.4 million, up 34.63% YoY
Different positive factors: N147.4 million, down from N261.9 million
Pretax revenue: N1.4 billion, up 121.04% YoY

Driving the Numbers

A more in-depth have a look at full-year income reveals that out of the N16.3 billion reported, masses and waybill companies contributed the biggest share at N5.3 billion.

This was adopted by haulage operations at N4.8 billion, transport earnings at N3.2 billion, and gross sales of car spares at N2.3 billion, with different segments accounting for the stability.

Direct prices rose in keeping with income, reaching N12.4 billion, up 24.88% 12 months on 12 months.

After accounting for these prices, gross revenue settled at N3.8 billion, in contrast with N2.6 billion within the earlier 12 months.

On the draw back, administrative bills climbed sharply to N2.7 billion from N1.6 billion.

In the meantime, different working revenue elevated to N602.4 million from N447.0 million, largely pushed by franchise revenue.

The corporate additionally recorded different positive factors of N147.4 million, rebounding from a lack of N261.9 million within the prior 12 months.

With finance prices diminished to N433.4 million, pretax revenue expanded to N1.4 billion, up from N634.7 million in 2024.

After accounting for revenue tax of N539.3 million, post-tax revenue stood at N863.7 million.

The stability sheet additionally strengthened, with complete belongings rising to N14.4 billion from N10.1 billion.

Property, plant, and gear made up the biggest asset class at N10.4 billion.

Shareholders’ fairness elevated to N1.7 billion from N767.0 million, as retained losses of N591.7 million in 2024, swung to a retained revenue of N275.4 million.