Skip to content
The African Exponent DATA
Resources

Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 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

Flame Tree Group

FTGH · Nairobi Securities Exchange · Consolidated statements

On this page
Company details
Legal name
FTG Holdings Ltd
Listing
FTGH on the Nairobi Securities Exchange, active · ISIN KE4000001323 (observed 2026-10-07)
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

Read with these figures

  • Qualified audit opinion. FY2025: Basis: Basis for Qualified Opinion (PDF p86). Details below.
Full wording and sources

  • Auditor's report, year to 2025-12-31: qualified opinion ('except for')

    The auditor gives a qualified ('except for') opinion: apart from the matters it names, the statements are presented fairly. Figures are shown as printed; those affected by the named matters may be misstated. The auditor (Crowe ATA, Mauritius) gave a qualified opinion on FTG Holdings Ltd's consolidated and separate financial statements for 2025. Except for one matter, the auditor found they present fairly. The matter: provisions of Shs 292.7 million were made in connection with insurance claims, and because the claims are still being negotiated the auditor could not determine whether these provisions needed adjusting under IAS 37. Figures are shown as published. (auditor's report, PDF p86; verified on the page images 2026-10-08)

    Source: FTG Holdings Ltd Annual Report 2025; Consolidated and Separate Financial Statements for the Year Ended 31 December 2025, p86 (dated 2026-05-08)

  • Summary financial statements for 2023: final status not established

    NO AUDITOR'S REPORT: the filing is an issuer press release dated 29 April 2024 (PDF pp1-3) followed by the primary statements only (pp4-7). No auditor is named, no audit opinion, no notes, no board approval, signature or date on the statements, and the publication does not say they were audited; it refers readers to www.flametreegroup.com 'for a copy of Flame Tree Group's financial statements' (p3).

    Source: FTG Holdings Ltd Consolidated and separate financial statements For the year ended 31 December 2023 (dated 2024-04-29)

  • 2023, 2022: figures from a published summary

    These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. The statements are headed 'Consolidated and separate financial statements For the year ended 31 December 2023' (pp4-7) and follow the issuer's press release of 29 April 2024 (pp1-3). No auditor's report is printed and the publication does not say the statements were audited; the press release (p3) says 'For a copy of Flame Tree Group's financial statements, please visit www.flametreegroup.com'. Press release (pp1-3) and four primary statements (Group and Company): profit or loss and OCI (p4), financial position (p5), changes in equity (p6), cash flows (p7). No notes, no auditor's report, no directors' approval. Group columns transcribed; the statement of changes in equity is not.

    Source: FTG Holdings Ltd Consolidated and separate financial statements For the year ended 31 December 2023 (dated 2024-04-29)

  • Revenue

    KES 4.23 billion

    4,229,969,673 KES units · p92

    +1.5% vs 2024

  • Operating profit / (loss)

    KES 233 million

    233,387,814 KES units · p92

    −50.4% vs 2024

  • Profit / (loss) for the year

    −KES 15.9 million

    (15,913,884) KES units · p92

    Moved from profit to loss (FY2024: 201,873,069 KES units)

  • Total assets

    KES 4.50 billion

    4,495,513,529 KES units · p93

    +20.6% vs 2024

  • Total equity

    KES 1.53 billion

    1,532,913,493 KES units · p93

    +25.2% vs 2024

  • Cash from operations

    KES 157 million

    157,161,731 KES units · p96

    Change not shown.

Large amounts are rounded for reading (KES million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in KES units 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
  • FY2023 — summary financial statements (summary), final status not established; reported for the year · source
    • Summary financial statements for 2023: final status not established. NO AUDITOR'S REPORT: the filing is an issuer press release dated 29 April 2024 (PDF pp1-3) followed by the primary statements only (pp4-7). No auditor is named, no audit opinion, no notes, no board approval, signature or date on the statements, and the publication does not say they were audited; it refers readers to www.flametreegroup.com 'for a copy of Flame Tree Group's financial statements' (p3).
    • 2023, 2022: figures from a published summary. These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. The statements are headed 'Consolidated and separate financial statements For the year ended 31 December 2023' (pp4-7) and follow the issuer's press release of 29 April 2024 (pp1-3). No auditor's report is printed and the publication does not say the statements were audited; the press release (p3) says 'For a copy of Flame Tree Group's financial statements, please visit www.flametreegroup.com'. Press release (pp1-3) and four primary statements (Group and Company): profit or loss and OCI (p4), financial position (p5), changes in equity (p6), cash flows (p7). No notes, no auditor's report, no directors' approval. Group columns transcribed; the statement of changes in equity is not.
  • FY2022 — summary financial statements (summary), final status not established; comparative in the FY2023 filing · source
    • Summary financial statements for 2023: final status not established. NO AUDITOR'S REPORT: the filing is an issuer press release dated 29 April 2024 (PDF pp1-3) followed by the primary statements only (pp4-7). No auditor is named, no audit opinion, no notes, no board approval, signature or date on the statements, and the publication does not say they were audited; it refers readers to www.flametreegroup.com 'for a copy of Flame Tree Group's financial statements' (p3).
    • 2023, 2022: figures from a published summary. These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. The statements are headed 'Consolidated and separate financial statements For the year ended 31 December 2023' (pp4-7) and follow the issuer's press release of 29 April 2024 (pp1-3). No auditor's report is printed and the publication does not say the statements were audited; the press release (p3) says 'For a copy of Flame Tree Group's financial statements, please visit www.flametreegroup.com'. Press release (pp1-3) and four primary statements (Group and Company): profit or loss and OCI (p4), financial position (p5), changes in equity (p6), cash flows (p7). No notes, no auditor's report, no directors' approval. Group columns transcribed; the statement of changes in equity is not.

Income statement

Income statement, KES units. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — summary financial statements (final status not established), as reported for the year; FY2022 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2023.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Summary financial statements (summary)reported for the yearsource limitationsFY2022Summary financial statements (summary)comparative in FY2023 filingsource limitations
Revenue 4,229,969,673 4,166,881,020 4,462,993,507 4,026,016,240
Cost of sales (2,632,411,154) (2,711,350,287) (2,915,095,580) (2,999,688,341)
Gross profit 1,597,558,519 1,455,530,733 1,547,897,927 1,026,327,899
Other operating income 1,051,607 293,595,719 –1 –1
Selling and distribution expenses (505,336,817) (463,118,358) (474,895,948) (393,695,540)
Administrative expenses (627,902,744) (584,504,668) (565,108,530) (480,775,884)
Other operating expenses (231,982,751) (231,413,709) (229,588,131) (191,207,108)
Operating profit/(loss) 233,387,814 470,089,717 278,305,318 (39,350,633)
Finance costs (306,987,270) (338,612,609) (339,743,241) (226,378,397)
(Loss) / Profit before taxation2 (73,599,456) 131,477,108 (61,437,923) (265,729,030)
Current tax3 (10,069) (3,670,981) (9,199,710) (4,892,818)
Deferred tax4 57,695,641 74,066,942 (4,018,269) 55,649,952
(Loss) / Profit for the year5 (15,913,884) 201,873,069 (74,655,902) (214,971,896)
Exchange differences on translation of foreign operations6 (18,858,420) (303,606,645) 8,407,028 (57,670,361)
Transfer to legal reserve7 –8 659,183 637,707 –8
Gain/(loss) on property revaluation910 344,780,958 (13,808,135) 90,356,777 368,268,769
Other comprehensive income / (loss) for the year, net of tax11 325,922,538 (316,755,597) 99,401,512 310,598,408
Total comprehensive income/loss for the year12 310,008,654 (114,882,528) 24,745,610 95,626,512
Earnings per share – on total comprehensive income / (loss) for the year13 1.74 (0.65) Not yet collected from the source14 Not yet collected from the source14
  1. Printed “-”, read as nil: subtotal_arithmetic: is.operating_profit.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (12)
  1. Printed under different labels across filings: “(Loss) / Profit before taxation”; “Loss before taxation”.
  2. “Current tax” is an issuer-specific line, not mapped to a shared definition: Note 22: current income tax charge; printed separately from deferred tax with no total.
  3. “Deferred tax” is an issuer-specific line, not mapped to a shared definition: Note 22: deferred tax credit; printed separately from current tax with no total.
  4. Printed under different labels across filings: “(Loss) / Profit for the year”; “Loss for the year”.
  5. “Exchange differences on translation of foreign operations” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income (may be reclassified).
  6. “Transfer to legal reserve” is an issuer-specific line, not mapped to a shared definition: Printed within other comprehensive income under 'may be reclassified'; '-' for 2025, 659,183 for 2024.
  7. “Gain/(loss) on property revaluation” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income: property revaluation.
  8. Printed under different labels across filings: “Gain/(loss) on property revaluation”; “Gains on property revaluation”.
  9. Printed under different labels across filings: “Other comprehensive income / (loss) for the year, net of tax”; “Other comprehensive income for the year net of tax”.
  10. Printed under different labels across filings: “Total comprehensive income/(loss) for the year”; “Total comprehensive income/loss for the year”.
  11. “Earnings per share – on total comprehensive income / (loss) for the year” is an issuer-specific line, not mapped to a shared definition: Note 33: basic earnings per share computed on total comprehensive income (Shs).
  12. Not yet collected from the source: Printed (0.14; 2022: 0.54, p4) but the text layer splits the figure ('0. 14'); not transcribed.

Balance sheet

Balance sheet, KES units. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — summary financial statements (final status not established), as reported for the year; FY2022 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2023.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Summary financial statements (summary)reported for the yearsource limitationsFY2022Summary financial statements (summary)comparative in FY2023 filingsource limitations
Property, plant and equipment 1,755,937,501 1,366,780,774 1,731,165,113 1,549,238,828
Right-of-use assets 150,038,169 80,844,175 57,155,115 45,718,029
Goodwill1 71,851,809 71,851,809 71,851,809 71,851,809
Intangible assets 198,332,060 204,779,862 186,982,768 165,366,931
Investments in subsidiaries2 –3 –3 –3 –3
Deferred tax 135,048,672 54,961,487 Not reported in this filing4 Not reported in this filing4
Non-current assets (unlabelled subtotal) 2,311,208,211 1,779,218,107 2,047,154,805 1,832,175,597
Inventories 734,601,220 698,529,879 882,382,994 793,933,541
Trade and other receivables 1,365,085,886 1,185,673,163 932,059,403 814,999,894
Current tax recoverable 26,709,500 10,657,118 17,776,190 21,864,568
Cash and cash equivalents 57,908,712 54,106,442 131,927,780 73,330,717
Current assets (unlabelled subtotal) 2,184,305,318 1,948,966,602 1,964,146,367 1,704,128,720
Total Assets 4,495,513,529 3,728,184,709 4,011,301,172 3,536,304,317
Share capital 146,894,092 146,894,092 146,894,092 146,894,092
Share premium 152,450,453 152,450,453 152,450,453 152,450,453
Legal reserve5 4,962,351 4,962,351 4,303,168 3,665,461
Translation reserve6 (423,721,957) (404,863,536) (101,256,891) (107,268,696)
Revaluation reserves 1,164,336,037 819,555,079 805,746,945 715,390,168
Retained earnings/ (accumulated losses)7 487,992,517 505,531,713 302,286,855 374,547,534
Equity (unlabelled subtotal) 1,532,913,493 1,224,530,152 1,310,424,622 1,285,679,012
Borrowings 576,749,263 784,076,770 684,080,999 196,258,994
Lease liabilities 158,966,834 84,899,812 61,667,676 51,019,168
Trade and other payables8 –9 –9 –9 –9
Deferred tax –9 –9 64,890,440 53,867,120
Non-current liabilities (unlabelled subtotal) 735,716,097 868,976,582 810,639,115 301,145,282
Trade and other payables 956,856,546 645,610,845 854,057,724 762,018,782
Borrowings 747,149,331 493,135,107 547,309,427 843,060,887
Commercial Papers10 48,785,407 29,824,102 Not reported in this filing11 Not reported in this filing11
Lease liabilities 4,053,773 4,053,773 3,759,955 4,053,773
Bank overdrafts 470,038,882 462,054,148 485,110,329 340,346,581
Current liabilities (unlabelled subtotal) 2,226,883,939 1,634,677,975 1,890,237,435 1,949,480,023
Total Liabilities 2,962,600,036 2,503,654,557 2,700,876,550 2,250,625,305
Total Equity and Liabilities 4,495,513,529 3,728,184,709 4,011,301,172 3,536,304,317
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (9)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Note 5.
  2. “Investments in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 10: printed '-' in the Group columns.
  3. Not reported in this filing: No deferred tax asset line is printed (p5).
  4. “Legal reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  5. “Translation reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
  6. Printed under different labels across filings: “Retained earnings/ (accumulated losses)”; “Retained earnings/(accumulated losses)”.
  7. “Trade and other payables” is an issuer-specific line, not mapped to a shared definition: Note 15: printed '-' in the Group columns in both years.
  8. “Commercial Papers” is an issuer-specific line, not mapped to a shared definition: Note 13, current.
  9. Not reported in this filing: Not printed: the FY2023 consolidated statement of financial position (p5) has no 'Commercial Papers' line in either year; Group liabilities are 'Borrowings' (non-current and current), 'Lease liabilities', 'Trade and other payables', 'Deferred tax' and 'Bank overdrafts'. Checked on the page image (p5).

Cash flow

Cash flow, KES units. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — summary financial statements (final status not established), as reported for the year; FY2022 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2023.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Summary financial statements (summary)reported for the yearsource limitationsFY2022Summary financial statements (summary)comparative in FY2023 filingsource limitations
Cash generated from/(used in) operations 480,211,452 122,201,342 306,383,785 (54,588,158)
Finance costs1 (306,987,270) (338,612,609) (339,743,241) (226,378,397)
Tax paid (16,062,451) (3,448,091) (36,477,948) (9,502,048)
Net cash from/ (used in) operating activities2 157,161,731 (219,859,358) (69,837,404) (290,468,603)
Purchase of property, plant and equipment (125,461,010) (80,160,974) (126,741,865) (69,831,030)
Proceeds from sale of property, plant and equipment –3 23,511,036 25,593,803 3,749,743
Purchase of intangible assets 6,447,802 (17,014,492) (22,902,970) (42,825,982)
Net cash used in investing activities (119,013,208) (73,664,430) (124,051,032) (108,907,269)
Proceeds from/(repayment of) borrowings4 46,686,717 75,645,553 192,070,545 411,083,530
Payments of principal portion of the lease liability (114,943,810) (57,720,186) (19,934,934) (21,850,039)
Net cash (used in)/from financing activities5 (68,257,093) 17,925,367 172,135,611 389,233,491
Net movements in cash and cash equivalents (30,108,570) (275,598,421) (21,752,825) (10,142,381)
Cash and cash equivalents at the beginning of the year (407,947,706) (353,182,549) (266,805,151) (245,123,816)
Effects of foreign currency translations 25,926,106 220,833,264 (64,413,860) (11,538,954)
Cash and cash equivalents at the end of the year6 (412,130,170) (407,947,706) (352,971,836) (266,805,151)
Acquisition of investment in subsidiary7 Not reported in this filing8 Not reported in this filing8 –3 –3
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (7)
  1. “Finance costs” is an issuer-specific line, not mapped to a shared definition: Operating activities: finance costs, printed with the same amounts as the finance cost charge in profit or loss; the statement does not split interest on borrowings and on leases.
  2. Printed under different labels across filings: “Net cash (used in)/from operating activities”; “Net cash from/ (used in) operating activities”.
  3. “Proceeds from/(repayment of) borrowings” is an issuer-specific line, not mapped to a shared definition: Financing (note 13): net movement in borrowings, one line.
  4. Printed under different labels across filings: “Net cash (used in)/from financing activities”; “Net cash from/(used in) financing activities”.
  5. Printed under different labels across filings: “Cash and cash equivalents at end of the year”; “Cash and cash equivalents at the end of the year”.
  6. “Acquisition of investment in subsidiary” is an issuer-specific line, not mapped to a shared definition: Investing; '-' in the Group columns.
  7. Not reported in this filing: Not printed: the FY2025 consolidated statement of cash flows (p96) has no 'Acquisition of investment in subsidiary' line; its investing lines are 'Purchase of property, plant and equipment', 'Proceeds from sale of property, plant and equipment' and 'Purchase of intangible assets'. Checked on the page image (p96).

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025; FY2023 — summary financial statements (final status not established), as reported for the year; FY2022 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2023.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filingFY2023Summary financial statements (summary)reported for the yearsource limitationsFY2022Summary financial statements (summary)comparative in FY2023 filingsource limitations
Earnings / (loss) per share (per share)312 (0.09) 1.13 (0.42) (1.21)
Notes and alternative reported figures (3)
  1. “Earning per share – on (loss) / gainfor the year”: mapping to a shared definition is uncertain. Printed under 'Basic earnings per share:' (Shs); no diluted figure is printed.
  2. Printed under different labels across filings: “Earning per share – on (loss) / gainfor the year”; “Earnings per share -– loss”.
  3. Earnings / (loss) per share: printed as “Earning per share – on (loss) / gainfor the year”.

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.

  • FTG Holdings Ltd Annual Report 2025; Consolidated and Separate Financial Statements for the Year Ended 31 December 2025

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: Crowe ATA (Public Accountants, Ebene, Mauritius), qualified opinion · signed

    Auditor's sign-off: Crowe ATA, Public Accountants; Aavinash Sewraz, ACA, CFA, ADIT, Signing Partner, Licensed by FRC

    Final status: Independent auditors' report of Crowe ATA, Public Accountants, Ebene, Mauritius, to the shareholders of FTG Holdings Ltd (PDF pp86-91, image-only pages) expresses a QUALIFIED opinion (PDF p86, page image); it is signed by hand for Crowe ATA and by Aavinash Sewraz (ACA, CFA, ADIT), Signing Partner, Licensed by FRC, dated 8 May 2026 (PDF p91, page image). The statements were approved by the board on 8th May 2026 and carry two handwritten signatures over 'Director' lines with no printed names (PDF p93, page image).

    Document date
    8 May 2026
    Auditor's report
    8 May 2026
    Board approval
    8 May 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · KES units (printed “Shs”)
    • The auditor (Crowe ATA, Mauritius) gave a qualified opinion on FTG Holdings Ltd's consolidated and separate financial statements for 2025. Except for one matter, the auditor found they present fairly. The matter: provisions of Shs 292.7 million were made in connection with insurance claims, and because the claims are still being negotiated the auditor could not determine whether these provisions needed adjusting under IAS 37. Figures are shown as published. (auditor's report, PDF p86; verified on the page images 2026-10-08)
    • Basis: Basis for Qualified Opinion (PDF p86).
    • Qualified opinion (PDF p86, page image): provisions of Shs 292.7 million were made for insurance claims (note 1.3 'Critical Judgement'); the auditor states that under IAS 37 a business-interruption insurance claim should be accounted for as a potential reimbursement, not a provision, only when reimbursement is virtually certain, and that it was unable to determine whether adjustments to these provisions were necessary.
    • 'Purchase of intangible assets' prints a positive 6,447,802 for 2025 (an inflow) and (17,014,492) for 2024 within investing activities (p96). Kept as printed; the printed investing total adds up.
    • 'Transfer to legal reserve' is printed within other comprehensive income ('-' for 2025; 659,183 for 2024, p92). Kept as printed.
    • Basic earnings per share is printed twice: on profit or loss for the year ((0.09); 2024: 1.13) and on total comprehensive income (1.74; 2024: (0.65)) (note 33, p92). No diluted figure is printed.
    • Current lease liabilities print the same amount for both years (4,053,773, p93). Kept as printed.
    • Income tax is printed as two lines, current tax ((10,069); 2024: (3,670,981)) and deferred tax (57,695,641; 2024: 74,066,942), with no total (p92).
    • The document is issued under the name FTG Holdings Ltd, incorporated and domiciled in Mauritius (PDF p74), the holding company of the Flame Tree Group listed on the Nairobi Securities Exchange; the assignment attribution is 'established_in_document'.
    Technical details
    File
    132 pages, with a text layer
    SHA-256
    e1909bde5cf5783eaa4e75d29be7eeb33cf2327aa6e28f6705cdca4a9b950782
    Entity as printed
    FTG Holdings Ltd (the "Company") and its subsidiaries (the "Group")
    Issuer copy
    retrieved 2026-10-08T19:52:46Z

  • FTG Holdings Ltd Consolidated and separate financial statements For the year ended 31 December 2023

    Year ended 31 December 2023 · Summary financial statements (summary) · final status not established

    Audit: Auditor not stated (named); no auditor's opinion on the full statements in this document

    Final status: NO AUDITOR'S REPORT: the filing is an issuer press release dated 29 April 2024 (PDF pp1-3) followed by the primary statements only (pp4-7). No auditor is named, no audit opinion, no notes, no board approval, signature or date on the statements, and the publication does not say they were audited; it refers readers to www.flametreegroup.com 'for a copy of Flame Tree Group's financial statements' (p3).

    Document date
    29 Apr 2024
    Auditor's report
    date not recorded
    Board approval
    date not recorded
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023, FY2022
    Basis
    consolidated statements · KES units (printed “Shs”)
    • Directory name 'Flame Tree Group Holdings Ltd'; the statements are headed 'FTG Holdings Ltd' (pp4-7) and the press release says 'FTG Holdings (FTGH: NSE)' and 'Flame Tree Group is listed ... on the Nairobi Securities Exchange (NSE) as NSE: FTGH' (pp1, 3).
    • Cash and cash equivalents in the statement of cash flows ((352,971,836) at 31 December 2023; (266,805,151) at 31 December 2022, p7) differ by 210,713 in both years from balance-sheet cash less bank overdrafts (131,927,780 - 485,110,329 = (353,182,549); 73,330,717 - 340,346,581 = (267,015,864), p5). No notes are printed to explain it; kept as printed (checked on the renders).
    • 'Transfer to legal reserve' (637,707) is printed within other comprehensive income (p4), as in FY2025. Income tax is printed as current tax and deferred tax with no total.
    • The text layer splits some printed digits ('1,731, 165,113' on p5, '0. 14' on p4); p5 is re-read by word position; EPS on total comprehensive income (0.14; 2022: 0.54) is not transcribed. No hidden figures.
    • No auditor's report is printed and the publication does not say the statements were audited; the press release (p3) says 'For a copy of Flame Tree Group's financial statements, please visit www.flametreegroup.com'.
    • Press release (pp1-3) and four primary statements (Group and Company): profit or loss and OCI (p4), financial position (p5), changes in equity (p6), cash flows (p7). No notes, no auditor's report, no directors' approval. Group columns transcribed; the statement of changes in equity is not.
    Technical details
    File
    7 pages, with a text layer
    SHA-256
    cf2cd7d2c72354242b9a7f024c6bd3871b65371491c45310a9d117d35504cac8
    Entity as printed
    FTG Holdings Ltd (Flame Tree Group)
    Exchange copy
    retrieved 2026-10-08T18:07:35Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 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.

· Company methodology and coverage