Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
eTranzact
On this page
Company details
- Legal name
- eTranzact International Plc
- Listing
- ETRANZACT on the Nigerian Exchange, active · ISIN NGETRANZ0005 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
Revenue
NGN 30.6 billion
30,610,184 NGN thousands · p20
+2.4% vs 2024
-
Operating profit / (loss)
NGN 3.95 billion
3,951,745 NGN thousands · p20
−15.2% vs 2024
-
Profit / (loss) for the year
NGN 2.47 billion
2,469,667 NGN thousands · p20
−27.2% vs 2024
-
Total assets
NGN 46.1 billion
46,140,446 NGN thousands · p21
+92.2% vs 2024
-
Total equity
NGN 16.2 billion
16,190,615 NGN thousands · p21
+8.9% vs 2024
-
Cash from operations
NGN 4.07 billion
4,074,754 NGN thousands · p23
+46.3% vs 2024
Large amounts are rounded for reading (NGN million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in NGN thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Revenue | 30,610,184 | 29,896,490 |
| Cost of sales | (16,298,983) | (18,537,332) |
| Gross profit | 14,311,201 | 11,359,158 |
| Selling and marketing costs | (930,848) | (424,096) |
| Administrative expenses | (9,230,514) | (6,376,963) |
| Net impairment (charges)/reversal | (198,094) | 103,852 |
| Operating profit | 3,951,745 | 4,661,951 |
| Interest income using the effective interest method | 258,899 | 242,920 |
| Interest expense using the effective interest method | (10,264) | (18,778) |
| Other (expense)/income1 | (1,244) | 10,969 |
| Profit before income tax expense | 4,199,136 | 4,897,062 |
| Income tax expense | (1,729,469) | (1,503,730) |
| Profit after income tax expense | 2,469,667 | 3,393,332 |
| Other comprehensive income for the year | –2 | –2 |
| Total comprehensive income for the year, net of tax | 2,469,667 | 3,393,332 |
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (1)
- “Other (expense)/income” is an issuer-specific line, not mapped to a shared definition: Note 13: net foreign exchange (loss)/gain on cash and cash equivalents, after operating profit.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| lant and equipment | 3,567,975 | 2,528,374 |
| Investment property | 136,810 | 136,810 |
| Intangible assets | 16,635 | 25,238 |
| Deposit for shares1 | 456,755 | 456,755 |
| Total non-current assets | 4,178,175 | 3,147,177 |
| Inventories | 1,755,104 | 2,205,911 |
| Trade and other receivables | 995,521 | 555,191 |
| Other assets | 7,557,102 | 5,439,870 |
| Toth aulsont srm deposts. | 31,654,544 | 12,652,482 |
| Total current assets | 41,962,271 | 20,853,454 |
| Total assets | 46,140,446 | 24,000,631 |
| Interest-bearing borrowing | 75,282 | 139,435 |
| Deferred grant income2 | 22,145 | 39,196 |
| Deferred taxation liabilities | 6,772 | –3 |
| Total non-current liabilities | 104,199 | 178,631 |
| Trade and other payables | 27,935,975 | 7,260,330 |
| Current income tax liabilities | 1,821,177 | 1,602,242 |
| Interest-bearing borrowing | 71,429 | 71,429 |
| Deferred grant income4 | 17,051 | 17,051 |
| Total non-current liabilities | 29,845,632 | 8,951,052 |
| Total liabilities | 29,949,831 | 9,129,683 |
| Share capital | 4,600,000 | 4,600,000 |
| Share premium | 7,374,271 | 7,374,271 |
| Retained earnings | 4,216,344 | 2,896,677 |
| Total equity | 16,190,615 | 14,870,948 |
| Total liabilities and equity | 46,140,446 | 24,000,631 |
| Impairment allowance5 | (33,249) | (140) |
| Restricted Cash6 | (25,001,640) | (6,823,154) |
| Short term investments with maturity longer than 3 months7 | (1,800,584) | (1,833,693) |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (6)
- “Deposit for shares” is an issuer-specific line, not mapped to a shared definition: Note 17: non-current.
- “Deferred grant income” is an issuer-specific line, not mapped to a shared definition: Note 24: government grant on the long-term borrowing.
- “Deferred grant income” is an issuer-specific line, not mapped to a shared definition: Note 24.
- “Impairment allowance” is an issuer-specific line, not mapped to a shared definition: Note 21.1 (p43): ECL allowance deducted to give the statement-of-financial-position balance; printed negative.
- “Restricted Cash” is an issuer-specific line, not mapped to a shared definition: Note 21 (p43): restricted cash (Pocketmoni schemes, GTB TSS and holding/settlement accounts) deducted from gross cash and short-term deposits for the cash-flow statement; printed negative.
- “Short term investments with maturity longer than 3 months” is an issuer-specific line, not mapped to a shared definition: Note 21 (p43): deducted from gross cash and short-term deposits for the cash-flow statement; printed negative.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Cash generated from operations | 5,578,516 | 3,799,339 |
| Income tax paid | (1,503,762) | (1,014,836) |
| Net cash flows from operating activities | 4,074,754 | 2,784,503 |
| Interest income received | 223,760 | 121,508 |
| Purchase of plant and equipment | (2,234,256) | (1,703,497) |
| Movement in short-term deposits with maturity of more than 3 months on date of origination1 | 68,248 | 121,412 |
| Net cash flows used in investing activities | (1,942,248) | (1,460,577) |
| Dividends paid | (1,150,000) | –2 |
| Principal repayment of long term loan | (71,429) | (71,429) |
| Interest payment of long term loan | (20,039) | (26,558) |
| Net cash flows used in financing activities | (1,241,468) | (97,987) |
| Net increase in cash and cash equivalents | 891,038 | 1,225,939 |
| Net foreign exchange difference | (1,244) | 10,969 |
| Cash and cash equivalents as at 1 January | 3,995,775 | 2,758,867 |
| Cash and cash equivalents as at 31 December | 4,885,569 | 3,995,775 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (1)
- “Movement in short-term deposits with maturity of more than 3 months on date of origination” is an issuer-specific line, not mapped to a shared definition: Note 31.7; investing activities. The label is printed beside the row on the page but the text layer places it at the foot of the page.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividends paid |
(1,150,000) | NGN thousands | Annual report, p23 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid |
0printed “–”, read as nil | NGN thousands | Annual report, p23 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
eTRANZACT INTERNATIONAL PLC Annual Report and Audited Financial Statements for the year ended 31 December 2025
Year ended 31 December 2025 · Annual report · signed / final
Audit: Ernst & Young (Lagos, Nigeria), unmodified opinion · signed
Auditor's sign-off: Sheriffdeen Adebakin, for Ernst & Young
Final status: Independent auditor's report (PDF p15-p19, scanned) signed by Sheriffdeen Adebakin (FRC/2025/PRO/ICAN/004/213414) for Ernst & Young, Lagos, dated 31 March 2026, with the ICAN seal (p19, page image); statements approved by the board on 26 March 2026 and signed by the managing director/CEO and the chairman, and certified by the chief financial officer (p21, page image).
- Document date
- 31 Mar 2026
- Auditor's report
- 31 Mar 2026
- Board approval
- 26 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · NGN thousands (printed “in thousands of Nigerian Naira”)
- Cash and cash equivalents in the cash-flow statement (4,885,569; 2024: 3,995,775) exclude restricted cash (25,001,640; 2024: 6,823,154) and short-term investments with maturity longer than 3 months (1,800,584; 2024: 1,833,693), and are gross of the impairment allowance (33,249; 2024: 140), against cash and short-term deposits of 31,654,544 (2024: 12,652,482) on p21 (note 21, p43).
- Statement of financial position (p21): the current-liabilities total is printed with the label 'Total non-current liabilities' (second printing); mapped to current liabilities by its position and arithmetic.
- Earnings per share is printed in kobo (27; 2024: 37, p20); stored in naira (÷100) with the printed figure and unit kept.
- Scanned pages without a text layer: PDF p7-p10, p12-p19 and p21 (the statement of financial position, read through OCR).
Technical details
- File
- 54 pages, with a text layer
- SHA-256
bc35170d0c3e5fe6303956c54cfb28642df816d6257aef434d89fd40d3321964- Entity as printed
- eTRANZACT INTERNATIONAL PLC
- Exchange copy
- retrieved 2026-10-08T17:59:46Z
Data notes
- Trade and other payables — OCR read '27.935,975'; the page image shows '27,935,975'. OCR read a full stop for the first thousands comma of the 2025 'Trade and other payables' amount; the render prints 27,935,975 (page image p21). (eTRANZACT INTERNATIONAL PLC Annual Report and Audited Financial Statements for the year ended 31 December 2025, p21)
- Retained earnings — OCR read '4.216,344'; the page image shows '4,216,344'. OCR read a full stop for the thousands comma of the 2025 'Retained earnings' amount; the render prints 4,216,344 (page image p21). (eTRANZACT INTERNATIONAL PLC Annual Report and Audited Financial Statements for the year ended 31 December 2025, p21)
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text; matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.