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
Multiverse Mining
On this page
Company details
- Legal name
- Multiverse Mining and Exploration Plc
- Listing
- MULTIVERSE on the Nigerian Exchange, active · ISIN NGMULTIVERS6 (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 986 million
985,665 NGN thousands · p11
+3.9% vs 2024
-
Operating profit / (loss)
NGN 580 million
580,400 NGN thousands · p11
+18.8% vs 2024
-
Profit / (loss) for the year
NGN 547 million
547,112 NGN thousands · p11
+44.6% vs 2024
-
Total assets
NGN 3.16 billion
3,159,384 NGN thousands · p12
−28.3% vs 2024
-
Total equity
NGN 1.69 billion
1,686,130 NGN thousands · p12
+44.1% vs 2024
-
Cash from operations
NGN 948 million
947,527 NGN thousands · p15
+176.4% 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 — audited financial statements, signed / final; reported for the year · source
- FY2024 — audited financial statements, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Revenue | 985,665 | 948,449 |
| Direct Cost | (186,079) | (235,071) |
| Gross (Loss)/Profit | 799,586 | 713,378 |
| Administrative & Operating Expenses1 | (230,136) | (224,983) |
| Other Operating Income | 10,950 | –2 |
| Operating Profit/ (Loss) | 580,400 | 488,395 |
| Interest Income (Investments) | –3 | –3 |
| Profit Before Financing & Income Tax4 | 580,400 | 488,395 |
| Finance Cost | –5 | (82,093) |
| Profit/(Loss) Before Income Tax | 580,400 | 406,302 |
| Taxation | (33,288) | (27,832) |
| Profit/Loss After Tax for the Year | 547,112 | 378,470 |
| Other Comprehensive Income | –6 | –6 |
| Total Comprehensive Income for the Year, Net of Tax | 547,112 | 378,470 |
- Printed “-”, read as nil: subtotal_arithmetic: is.operating_profit.
- Printed “-”, read as nil: subtotal_arithmetic: is.native.co_364xqpcp9vba.profit_before_financing_tax.
- Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (2)
- “Administrative & Operating Expenses”: mapping to a shared definition is uncertain. One line of administrative and operating expenses (note 8a, p11).
- “Profit Before Financing & Income Tax” is an issuer-specific line, not mapped to a shared definition: Printed subtotal after interest income from investments, before finance cost (p11).
Balance sheet
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Mine Properties1 | 1,607,303 | 1,883,971 |
| Property, Plant & Equipment | 1,513,146 | 2,189,515 |
| Deferred Tax | –2 | 6,101 |
| Total Non-current Assets | 3,120,450 | 4,079,587 |
| Trade and Other Receivables | 4,668 | 282,700 |
| Cash & Cash Equivalents | 34,266 | 43,775 |
| Total Current Assets | 38,935 | 326,475 |
| Total Assets | 3,159,384 | 4,406,061 |
| Issued Capital | 213,097 | 213,097 |
| Share Premium | 337,806 | 337,806 |
| Retained Profit/(Loss) | 1,135,227 | 619,425 |
| Total Shareholders' Equity | 1,686,130 | 1,170,328 |
| Loans | 34,043 | 706,518 |
| Provisions | 274,103 | 253,497 |
| Deferred Tax | 80 | –3 |
| Total Non-current Liabilities | 308,225 | 960,015 |
| Interest-bearing Loans and Borrowings | 354,960 | 1,488,972 |
| Trade Payables and Other Payables | 742,237 | 741,281 |
| Income Tax Payable | 67,831 | 45,465 |
| Total Current Liabilities | 1,165,029 | 2,275,719 |
| Total Liabilities | 1,473,254 | 3,235,734 |
| Total Liabilities and Shareholder's Equity | 3,159,384 | 4,406,061 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (1)
- “Mine Properties” is an issuer-specific line, not mapped to a shared definition: Note 12: mine properties (non-current).
Cash flow
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Cash Receipt from Customers1 | 985,665 | 723,144 |
| Cash movement in Suppliers, Employees and Operating Expenses2 | (38,138) | (380,276) |
| Net Cash Flows from Operating Activities | 947,527 | 342,868 |
| Expenditures on Mine Properties3 | (276,668) | (7,500) |
| Expenditures on Property, Plant and Equipment | (3,000) | (3,502) |
| Proceeds on Disposal of Property, Plant and Equipment | 25,000 | –4 |
| Net Cash Flows from Investing Activities | (254,668) | (11,002) |
| Loan Facility/Interest Paid5 | (902,125) | (282,130) |
| Dividend Paid Out | (31,310) | (10,000) |
| Loan restructured effect6 | 231,067 | –7 |
| Net Cash (used in)/from Financing Activities | (702,368) | (292,130) |
| Net Cash Flows from Operations | (9,509) | 39,736 |
| Bank Balance at 1 January | 43,775 | 4,039 |
| Bank Balance at 31 December | 34,266 | 43,775 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (5)
- “Cash Receipt from Customers” is an issuer-specific line, not mapped to a shared definition: Direct-method operating receipts (p15).
- “Cash movement in Suppliers, Employees and Operating Expenses” is an issuer-specific line, not mapped to a shared definition: Direct-method operating payments (p15).
- “Expenditures on Mine Properties” is an issuer-specific line, not mapped to a shared definition: Investing outflow on mine properties (note 12, p15).
- “Loan Facility/Interest Paid” is an issuer-specific line, not mapped to a shared definition: Loan and interest payments as one financing line (p15).
- “Loan restructured effect” is an issuer-specific line, not mapped to a shared definition: Financing line as printed (p15).
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) | Dividend Paid Out |
(31,310) | NGN thousands | Audited financial statements, p15 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividend Paid Out |
(10,000) | NGN thousands | Audited financial statements, p15 |
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.
-
MULTIVERSE MINING AND EXPLORATION PLC. RC. 454678 REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025
Year ended 31 December 2025 · Audited financial statements · signed / final
Audit: Olukayode Aina & Co. (Chartered Accountants), unmodified opinion · signed
Auditor's sign-off: Julius Olukayode Aina, for Olukayode Aina & Co.
Final status: Report of the independent auditors of Olukayode Aina & Co. (Chartered Accountants), unmodified opinion (PDF p5), signed by hand by Julius Olukayode Aina (FRC2013/ICAN/00000004390) with the ICAN seal and an embossed seal, dated March 26, 2026 (PDF p7, render). Statements approved by the Board of Directors on March 25th, 2026 and signed by the Chairman, the Managing Director and the CFO (hand signatures, PDF p13).
- Document date
- 26 Mar 2026
- Auditor's report
- 26 Mar 2026
- Board approval
- 25 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · NGN thousands (printed “₦'000”)
- EPS is printed as 'Basic and Dilluted Earnings per Ordinary Share (kobo)' 1.28 (2024: 0.89), but note 11.1 computes it as profit 547,112 (₦'000) over 426,194 ('000) shares, i.e. ₦1.28 (128 kobo); not transcribed because the printed unit and the figure disagree (p11, p30). The cash-flow statement is on the direct method; its net change line is printed 'Net Cash Flows from Operations' (p15). Totals differ from their components by 1 (rounding): total non-current assets and total current assets 2025.
Technical details
- File
- 49 pages, scanned (figures read by OCR and checked against the page image)
- SHA-256
a9d2f5f906da38e3f45a98f76d12c99b1e2c99fb85f1cdc40dadc2131b5fcff2- Entity as printed
- MULTIVERSE MINING AND EXPLORATION PLC. RC. 454678 (cover); MULTIVERSE MINING & EXPLORATION PLC. (statements)
- Note
- Every page is a scanned image without a text layer (CamScanner). Dashes OCR does not return were read on the render; the deferred tax asset row's note 9.2 is read by OCR as '92' and skipped.
- Exchange copy
- retrieved 2026-10-08T18:02:47Z
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 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.