Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (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
Eterna
On this page
Company details
- Legal name
- Eterna Plc
- Listing
- ETERNA on the Nigerian Exchange, active · ISIN NGETERNAOIL1 (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 302 billion
302,369,941 NGN thousands · p20
−3.6% vs 2024
-
Operating profit / (loss)
NGN 12.6 billion
12,575,724 NGN thousands · p20
+3.3% vs 2024
-
Profit / (loss) for the year
NGN 2.92 billion
2,917,078 NGN thousands · p20
+116.3% vs 2024
-
Total assets
NGN 92.2 billion
92,194,999 NGN thousands · p21
+36.7% vs 2024
-
Total equity
NGN 7.77 billion
7,767,550 NGN thousands · p21
+60.1% vs 2024
-
Cash from operations
Not yet collected from the source
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 | 302,369,941 | 313,615,914 |
| Cost of sales | (286,885,505) | (273,671,388) |
| Gross profit | 15,484,436 | 39,944,526 |
| Selling and distribution expenses | (156,851) | (327,161) |
| General and administrative expenses | (12,766,498) | (9,365,177) |
| Other Income | 9,434,197 | 99,623 |
| Impairment charge on financial assets1 | (18,695) | (2,387,682) |
| Net foreign exchange gain/(loss) | 599,135 | (15,794,585) |
| Operating profit | 12,575,724 | 12,169,544 |
| Share of results from Joint Venture | –2 | –2 |
| Profit before financing and income tax3 | 12,575,724 | 12,169,544 |
| Finance Income | 17,792 | 5,012 |
| Finance cost | (5,319,965) | (7,690,710) |
| Profit before tax | 7,273,551 | 4,483,846 |
| Income tax expense | (4,356,473) | (3,135,222) |
| Profit after tax | 2,917,078 | 1,348,624 |
| Other comprehensive Income net of tax | –4 | –4 |
| Total comprehensive Profit for the year | 2,917,078 | 1,348,624 |
- Printed “-”, read as nil: subtotal_arithmetic: is.native.co_1jc1x2q6bk5z.profit_before_financing.
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (2)
- “Impairment charge on financial assets” is an issuer-specific line, not mapped to a shared definition: Note 13: impairment charge on financial assets (ECL).
- “Profit before financing and income tax” is an issuer-specific line, not mapped to a shared definition: Printed subtotal after the share of joint-venture results.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Property, plant and equipment | 14,360,793 | 15,034,790 |
| Intangible assets | –1 | 124 |
| Right-of-use assets | 1,313,688 | 1,584,044 |
| Investment in joint venture2 | 575,382 | 575,382 |
| Deferred tax assets | –1 | 808,358 |
| Non-current assets (unlabelled subtotal) | 16,249,863 | 18,002,698 |
| Inventories | 57,980,280 | 23,669,496 |
| Trade and other receivables | 12,884,375 | 19,546,784 |
| Prepayments3 | 331,066 | 265,295 |
| Cash and bank balances | 4,749,415 | 5,938,512 |
| Current assets (unlabelled subtotal) | 75,945,136 | 49,420,087 |
| Total assets | 92,194,999 | 67,422,785 |
| Borrowings | 9,456,898 | 11,733,093 |
| Deferred tax liabilities | 1,835,415 | –4 |
| Decommissioning liabilities5 | 235,708 | 250,032 |
| Non-current liabilities (unlabelled subtotal) | 11,528,021 | 11,983,125 |
| Trade and other payables | 10,802,588 | 6,516,624 |
| Contract liabilities | 440,120 | 758,958 |
| Borrowings | 59,857,459 | 37,339,113 |
| Bank Overdraft | –6 | 4,302,576 |
| Current tax liabilities | 1,799,261 | 1,671,917 |
| Current liabilities (unlabelled subtotal) | 72,899,428 | 50,589,188 |
| Total liabilities | 84,427,449 | 62,572,313 |
| Share capital | 652,072 | 652,072 |
| Share premium | 5,796,053 | 5,796,053 |
| Retained earnings | 1,319,429 | (1,597,649) |
| Equity attributable to shareholders (unlabelled subtotal) | 7,767,554 | 4,850,476 |
| Non-controlling interest | (4) | (4) |
| Total equity | 7,767,550 | 4,850,472 |
| Total equity and liabilities | 92,194,999 | 67,422,785 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (3)
- “Investment in joint venture”: mapping to a shared definition is uncertain. Investment in a joint venture (equity method), recorded under investments in associates.
- “Prepayments” is an issuer-specific line, not mapped to a shared definition: Note 19: current prepayments.
- “Decommissioning liabilities” is an issuer-specific line, not mapped to a shared definition: Note 26: non-current decommissioning provision.
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.
No dividend statement or amount collected.
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.
-
Eterna Plc Annual Report, Consolidated and Separate Financial Statements For the year ended 31 December 2025
Year ended 31 December 2025 · Annual report · signed / final
Audit: PricewaterhouseCoopers (Chartered Accountants), Lagos, unmodified opinion · signed
Auditor's sign-off: Tosin Labeodan, for PricewaterhouseCoopers (FRC/2020/PRO/ICAN/004/00000021470)
Final status: PwC's independent auditor's report (unmodified opinion, PDF p14; no key audit matters, p15) closes with a script signature 'Tosin Labeodan' for PricewaterhouseCoopers, Chartered Accountants, Lagos, with the ICAN seal and the date 3 April 2026; engagement partner Tosin Labeodan, FRC/2020/PRO/ICAN/004/00000021470 (PDF p17, page image). The statements were approved by the board on 27 March 2026 and carry hand signatures of the managing director, the chief financial officer and the chairman (PDF p21, page image).
- Document date
- 3 Apr 2026
- Published
- 7 Apr 2026
- Auditor's report
- 3 Apr 2026
- Board approval
- 27 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · NGN thousands (printed “N'000”)
- Image-only pages. OCR misreads most labels and several amounts on the statement of financial position (e.g. borrowings 2024 '11,723,093' and '37,399,113' for the printed 11,733,093 and 37,339,113; decommissioning liabilities '235,709' / '250,092' for 235,708 / 250,032) and the cost-of-sales and foreign-exchange rows on p20; those rows are read on the render. The group EPS is printed as separate basic and diluted rows with the same figures (the company's diluted EPS for 2025 differs: 2.45 against basic 2.48).
- The consolidated and separate statement of cash flows (PDF p23) is a blurred, low-resolution image; digits such as 3, 5, 6, 8 and 9 cannot be told apart reliably (e.g. the 2024 net cash used in investing activities and the 2024 net change in cash), so no cash-flow figure is transcribed. Cash and bank balances on the statement of financial position are transcribed.
Technical details
- File
- 73 pages, scanned (figures read by OCR and checked against the page image)
- SHA-256
9c591056032bc89bd4ce1e05a0d0b3c3c223938cab602699a2f96a53cc31b27b- Entity as printed
- Eterna Plc ("the company") and its subsidiaries (together "the group") (auditor's opinion, p14)
- Exchange copy
- retrieved 2026-10-08T18:01:10Z
Data notes
- Impairment charge on financial assets — OCR read '(2,387.682)'; the page image shows '(2,387,682)'. OCR reads a thousands comma as a full stop; the render prints (2,387,682) (compared on the page image). (Eterna Plc Annual Report, Consolidated and Separate Financial Statements For the year ended 31 December 2025, p20)
- Finance cost — OCR read '(7.690,710)'; the page image shows '(7,690,710)'. OCR reads a thousands comma as a full stop; the render prints (7,690,710) (compared on the page image). (Eterna Plc Annual Report, Consolidated and Separate Financial Statements For the year ended 31 December 2025, p20)
Review status: every figure has been located on its cited source page in an AI-assisted source verification (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.