eTranzact Worldwide Plc reported a blended monetary efficiency for the yr ended December 31, 2025 with income rising modestly however profitability declining resulting from larger working prices and tax bills.
The corporate posted income of ₦30.61 billion in 2025, up from ₦29.90 billion recorded in 2024, representing a progress of roughly 2.4 %.
The rise displays sustained transaction volumes and repair growth throughout its digital fee platforms.
Value of gross sales declined from ₦18.54 billion in 2024 to ₦16.30 billion in 2025. This supported an enchancment in gross revenue, which rose to ₦14.31 billion from ₦11.36 billion within the earlier yr.
Gross margin strengthened as the corporate benefited from higher value effectivity on the direct value stage.
Nevertheless, the good points on the gross stage had been offset by a pointy improve in working bills. Administrative bills surged to ₦9.23 billion from ₦6.38 billion, whereas promoting and advertising and marketing prices greater than doubled to ₦930.85 million from ₦424.10 million.
The corporate additionally recorded a web impairment cost of ₦198.09 million in comparison with a reversal of ₦103.85 million in 2024.
In consequence, working revenue declined to ₦3.95 billion from ₦4.66 billion, indicating strain on working margins regardless of improved gross efficiency.
Finance revenue rose barely to ₦258.90 million, whereas finance prices declined to ₦10.26 million. Different revenue remained marginally adverse at ₦1.24 million.
Revenue earlier than tax stood at ₦4.20 billion, down from ₦4.90 billion in 2024. Revenue tax expense elevated to ₦1.73 billion from ₦1.50 billion, additional weighing on bottom-line efficiency.
Consequently, revenue after tax declined by 27.2 % to ₦2.47 billion from ₦3.39 billion recorded within the earlier yr. Earnings per share additionally dropped to 27 kobo from 37 kobo.
From a stability sheet perspective, the corporate recorded substantial growth in whole property, which almost doubled to ₦46.14 billion from ₦24.00 billion in 2024.
The expansion was largely pushed by a pointy improve in money and short-term deposits, which rose to ₦31.65 billion from ₦12.65 billion, indicating robust liquidity positioning.
Different property additionally elevated to ₦7.56 billion from ₦5.44 billion, whereas commerce and different receivables rose to ₦995.52 million from ₦555.19 million. Inventories, nevertheless, declined to ₦1.76 billion from ₦2.21 billion.
Non-current property grew to ₦4.18 billion from ₦3.15 billion, supported by elevated funding in plant and tools.
On the liabilities aspect, whole liabilities surged to ₦29.95 billion from ₦9.13 billion, pushed primarily by a big rise in commerce and different payables, which elevated to ₦27.94 billion from ₦7.26 billion.
This means elevated obligations tied to transaction volumes and operational scale.
Whole fairness rose modestly to ₦16.19 billion from ₦14.87 billion, supported by progress in retained earnings, which elevated to ₦4.22 billion from ₦2.90 billion.
Total, the 2025 monetary efficiency of eTranzact highlights an organization experiencing operational growth and improved gross effectivity however dealing with strain from rising administrative prices and tax obligations.
Whereas liquidity stays robust and asset progress is strong, sustaining profitability will depend upon value management and improved working effectivity in subsequent intervals.
