Oando Plc reported a full-year revenue of ₦241.31 billion for the interval ended December 31, 2025, regardless of a pointy decline in income and continued margin strain throughout its operations, based on its unaudited interim consolidated monetary statements.
Group income fell to ₦3.21 trillion from ₦4.09 trillion in 2024, reflecting decrease buying and selling volumes and pricing pressures.
Value of gross sales remained elevated at ₦3.19 trillion, compressing gross revenue to ₦27.75 billion, down from ₦155.89 billion recorded within the prior yr.
The fourth quarter remained difficult with the group posting a gross lack of ₦85.28 billion, wider than the loss recorded within the corresponding interval of 2024.
Different working earnings swung to a ₦240.21 billion loss in 2025 from a ₦1.10 trillion achieve a yr earlier, largely because of the absence of outstanding earnings gadgets recognised in 2024.
The group additionally booked ₦32.31 billion in impairment of non-financial property.
Nevertheless, earnings had been supported by a considerable ₦573.06 billion reversal of impairment on monetary property, in contrast with a ₦76.23 billion impairment within the earlier yr.
Finance earnings rose sharply to ₦381.11 billion from ₦47.20 billion, whereas a ₦48.10 billion reversal of prior default curiosity additional eased strain on the earnings assertion.
Finance prices elevated to ₦465.40 billion from ₦235.84 billion on increased borrowing prices, however internet finance value narrowed to ₦36.20 billion, down from ₦188.64 billion in 2024.
Revenue earlier than tax declined to ₦15.20 billion from ₦383.82 billion within the prior yr. An earnings tax credit score of ₦226.11 billion lifted revenue for the yr to ₦241.31 billion, in contrast with ₦220.12 billion in 2024.
Revenue attributable to fairness holders of the mother or father stood at ₦244.31 billion, whereas non-controlling pursuits recorded a ₦2.99 billion loss.
Earnings per share for the twelve-month interval elevated to ₦30, from ₦18 a yr earlier.
International alternate actions weighed on complete earnings, with ₦62.19 billion recorded as alternate losses on the interpretation of international operations.
Whole complete earnings for the yr stood at ₦178.55 billion, in contrast with a complete lack of ₦83.04 billion in 2024.
The outcomes underscore Oando’s reliance on balance-sheet changes, finance earnings, and tax credit to maintain profitability amid declining income and ongoing working pressures.
