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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (16 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

Haldane McCall

HMCALL · Nigerian Exchange · Company statements

On this page
Company details
Legal name
Haldane McCall Plc
Listing
HMCALL on the Nigerian Exchange, active · ISIN NGHMCALL0004 (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 · audited financial statements, signed / final · source

  • Revenue

    NGN 2.28 billion

    2,276,222 NGN thousands · p36

    −37.5% vs 2024

  • Operating profit / (loss)

    NGN 755 million

    754,899 NGN thousands · p36

    −25.6% vs 2024

  • Profit / (loss) for the year

    NGN 642 million

    642,461 NGN thousands · p36

    −5.5% vs 2024

  • Total assets

    NGN 21.8 billion

    21,825,668 NGN thousands · p37

    −0.8% vs 2024

  • Total equity

    NGN 17.1 billion

    17,146,159 NGN thousands · p37

    +2.9% vs 2024

  • Cash from operations

    NGN 309 million

    309,337 NGN thousands · p39

    Change not shown.

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.

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 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 — audited financial statements, signed / final; reported for the year · source
  • FY2024 — audited financial statements, signed / final; comparative in the FY2025 filing · source

Income statement

Income statement, NGN thousands. Columns: FY2025 — audited financial statements (signed / final), as reported for the year; FY2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Revenue 2,276,222 3,642,736
Less: Cost of Sales (471,016) (1,583,178)
Gross Profit 1,805,206 2,059,558
Other operating income 3,208 20,823
Administrative Expenses (1,053,515) (1,066,015)
Operating profit/(loss) 754,899 1,014,366
Finance cost –1 –1
Profit/(Loss) before Taxation 754,899 1,014,366
Income Tax Expense (112,438) (334,741)
Profit for the year 642,461 679,625
Other Comprehensive Income for the year net taxes (78,829) (893)
Total comprehensive Income/(loss) for the year 563,632 678,732
Deferred Tax Income / (Expense)2 Not reported in this filing3 –4
  1. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (2)
  1. “Deferred Tax Income / (Expense)” is an issuer-specific line, not mapped to a shared definition: Line printed after other comprehensive income, before total comprehensive income; the 2025 cell is blank and 2024 prints '-' (p36).
  2. Not reported in this filing: Not printed for 2025: the line 'Deferred Tax Income / (Expense)' carries a 2024 amount (-) only; the 2025 column is left blank (p36, checked on the page image).

Balance sheet

Balance sheet, NGN thousands. Columns: FY2025 — audited financial statements (signed / final), as reported for the year; FY2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Property, Plant and Equipment 14,207,157 14,166,604
Long term investments1 1,215 38,701
Non-current assets (unlabelled subtotal) 14,208,372 14,205,305
Inventories 6,616,011 5,600,504
Trade and other receivables 728,886 1,126,645
Cash and cash equivalent 272,399 1,062,360
Current assets (unlabelled subtotal) 7,617,295 7,789,509
Total Assets 21,825,668 21,994,814
Share Capital 1,561,000 1,561,000
Share Premium Account 1,002,732 1,002,732
Deposit for shares2 5,000,000 5,000,000
Revaluation Reserves 4,488,448 4,378,448
Revenue Reserve 5,093,979 4,713,724
Equity (unlabelled subtotal) 17,146,159 16,655,905
Long term liabilities3 2,514,476 2,514,476
Deferred Tax 78,829 893
Non-current liabilities (unlabelled subtotal) 2,593,305 2,515,369
Trade and other payables 839,341 896,731
Director's Current Account4 813,915 1,607,193
Taxation 432,945 319,615
Current liabilities (unlabelled subtotal) 2,086,202 2,823,539
Total Liabilities 4,679,507 5,338,909
Total Equity and Liabilities 21,825,668 21,994,814
Notes and alternative reported figures (4)
  1. “Long term investments” is an issuer-specific line, not mapped to a shared definition: Note 9: long-term investments (non-current).
  2. “Deposit for shares” is an issuer-specific line, not mapped to a shared definition: Equity line printed apart from share capital and premium (p37).
  3. “Long term liabilities” is an issuer-specific line, not mapped to a shared definition: Note 15: non-current liabilities printed as one line (p37).
  4. “Director's Current Account” is an issuer-specific line, not mapped to a shared definition: Note 18: amount due to a director, current (p37).

Cash flow

Cash flow, NGN thousands. Columns: FY2025 — audited financial statements (signed / final), as reported for the year; FY2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Cash generated from operations (unlabelled subtotal) 309,337 (2,213,903)
Tax paid –1 (453,815)
Net Cash Flow from Operating Activities 309,337 (2,667,718)
Purchases of Fixed Assets (124,967) (2,045,030)
Long term Investments2 37,486 (38,701)
Net Cash Flow from Investing Activities (87,481) 2,179,269
Director's Current Account3 (793,278) 1,280,209
Dividend Paid (218,540) Not reported in this filing4
Net Cash Flow from Financing Activities (1,011,818) 1,280,209
Cash Generated for the year (789,962) 791,761
Cash and Cash Equivalent at the beginning 1,062,360 270,599
Cash and Cash Equivalent at the end 272,399 1,062,360
Sale of Assets5 Not reported in this filing6 4,263,000
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_operations.
Notes and alternative reported figures (5)
  1. “Long term Investments” is an issuer-specific line, not mapped to a shared definition: Investing cash flow from long-term investments (p39).
  2. “Director's Current Account” is an issuer-specific line, not mapped to a shared definition: Financing cash flow on the director's current account (p39).
  3. Not reported in this filing: Not printed for 2024: the line 'Dividend Paid' carries a 2025 amount ((218,540)) only; the 2024 column is left blank (p39, checked on the page image).
  4. “Sale of Assets”: mapping to a shared definition is uncertain. Printed 'Sale of Assets' (2024 only; 2025 blank); the kind of asset is not stated on the face.
  5. Not reported in this filing: Not printed for 2025: the line 'Sale of Assets' carries a 2024 amount (4,263,000) only; the 2025 column is left blank (p39, checked on the page image).

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Dividend Paid (218,540) NGN thousands Audited financial statements, p39

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.

  • Haldane McCall Plc 2025 Audited Financial Statements for the year ended 31 December 2025

    Year ended 31 December 2025 · Audited financial statements · signed / final

    Audit: Funsho Owoyemi & Co (Chartered Accountants), unmodified opinion · signed

    Auditor's sign-off: Idris A. Alimi, FCA (FRC/2019/ICAN/00000019812), for Funsho Owoyemi & Co

    Final status: Auditor's report (pp29-33) signed by hand for Funsho Owoyemi & Co (Idris A. Alimi, FCA, FRC/2019/ICAN/00000019812) with the ICAN stamp and dated 26/02/2026 (scanned PDF p33, page image). Statement of financial position approved by the board and signed by hand by Mr. Olufemi Ojewande (Business Finance Director) and Mr. Edward Akinlade (Group Managing Director) (PDF p37, page image); the approval date '20th of February,2026.' is printed in a different typeface over the blank '----------' of the approval sentence.

    Document date
    26 Feb 2026
    Auditor's report
    26 Feb 2026
    Board approval
    20 Feb 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    company statements · NGN thousands (printed “N'000”)
    • Printed totals differ from their printed components by 1-2 (rounding): 2025 current assets 7,617,295 (components 7,617,296), total assets 21,825,668 (14,208,372 + 7,617,295 = 21,825,667), current liabilities 2,086,202 (components 2,086,201), total equity and liabilities 21,825,668 (17,146,159 + 4,679,507 = 21,825,666); 2024 equity 16,655,905 (components 16,655,904) and total liabilities 5,338,909 (2,515,369 + 2,823,539 = 5,338,908); cash flow 2024 net change 791,761 (components 791,760) and 2025 closing cash 272,399 (1,062,360 - 789,962 = 272,398) (pp37, 39). Kept as printed.
    • No earnings per share is printed. Other comprehensive income ((78,829); 2024: (893)) equals the deferred tax liability on the statement of financial position (p37). 'Increase In Account Receivable' prints 397,759 as an inflow for 2025 (p39). The revaluation surplus of 110,000 appears as a 2025 cash-flow adjustment (p39) and as a revaluation-reserve movement in the statement of changes in equity (p38), not in other comprehensive income (p36).
    • Basis: the statements are headed 'HALDANE McCALL PLC' with no 'consolidated' or 'group' label and the auditor's opinion covers 'the Financial Statements of Haldane McCall Plc ("the Company")' (p29). Corporate information lists subsidiaries 'Suru Home Limited, Suru Express Hotel Limited' (p4) and the statement of compliance says the report was prepared in accordance with 'IAS 1 ... and IFRS 10 (Consolidated Financial Statement)' (p35). Whether the subsidiaries are consolidated is not stated; recorded as company basis.
    Technical details
    File
    69 pages, with a text layer
    SHA-256
    522eed49daeebd9976b429cb1904a0f0970d4408bb31d4a53ba3c1be749cfb31
    Entity as printed
    HALDANE McCALL PLC ('the Company')
    Exchange copy
    retrieved 2026-10-08T18:02:37Z

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) (16 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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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.

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