Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (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
NCR Nigeria
On this page
Company details
- Legal name
- NCR (Nigeria) Plc
- Listing
- NCR on the Nigerian Exchange, active · ISIN NGNCR0000008 (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 3.08 billion
3,081,844 NGN thousands · p28
+43.3% vs 2024
-
Operating profit / (loss)
NGN 250 million
249,890 NGN thousands · p28
Moved from loss to profit (FY2024: (2,161,149) NGN thousands)
-
Profit / (loss) for the year
NGN 212 million
212,406 NGN thousands · p28
Moved from loss to profit (FY2024: (2,172,202) NGN thousands)
-
Total assets
NGN 7.77 billion
7,767,022 NGN thousands · p29
+75.4% vs 2024
-
Total equity
−NGN 4.68 billion
(4,683,149) NGN thousands · p29
Change not shown.
-
Cash from operations
NGN 1.21 billion
1,210,214 NGN thousands · p31
−36.5% 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.
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
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Revenue | 3,081,844 | 2,149,966 |
| Cost of Sales | (2,772,662) | (1,518,892) |
| Gross Profit | 309,182 | 631,073 |
| Other Income1 | 16,221 | 60,629 |
| Selling and Distribution Expenses | (24,008) | (70,023) |
| Administrative and General Expenses | (51,505) | (2,782,828) |
| Operating Profit/(Loss) | 249,890 | (2,161,149) |
| Profit/(Loss) before tax | 249,890 | (2,161,149) |
| Tax Expense | (37,483) | (11,053) |
| Profit/(Loss) for the Year | 212,406 | (2,172,202) |
| Actuarial loss2 | (86,412) | (31,790) |
| Other comprehensive loss for the year | (86,412) | (31,790) |
| Total comprehensive profit/(loss) for the year | 125,994 | (2,203,992) |
Notes and alternative reported figures (2)
- “Other Income”: mapping to a shared definition is uncertain. Note 9 'Other Income'; the cash-flow statement deducts and re-presents the same amount as 'Investment income' (note 9), so it may be finance income rather than operating income.
- “Actuarial loss” is an issuer-specific line, not mapped to a shared definition: Remeasurement of the defined benefit plan in OCI, items not reclassified (note 23.3).
Balance sheet
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Property, Plants and Equipment | 35,219 | 50,609 |
| Retirement Benefit Assets1 | 15,254 | 58,432 |
| Non-current assets (unlabelled subtotal) | 50,473 | 109,041 |
| Prepayments2 | 136,268 | 17,593 |
| Inventory | 172,200 | 369,127 |
| Trade and Other Receivables | 5,659,087 | 3,409,211 |
| Cash and Cash Equivalents | 1,748,995 | 522,561 |
| Current assets (unlabelled subtotal) | 7,716,549 | 4,318,492 |
| Total Assets | 7,767,022 | 4,427,534 |
| Share Capital | 54,000 | 54,000 |
| Other Reserves | (225,554) | (139,142) |
| Retained Loss | (4,511,595) | (4,724,001) |
| Total Equity | (4,683,149) | (4,809,143) |
| Trade and Other Payables3 | 2,583,097 | 2,583,097 |
| Non-current liabilities (unlabelled subtotal) | 2,583,097 | 2,583,097 |
| Trade and Other Payables | 9,700,040 | 6,489,030 |
| Contract Liability | 129,550 | 153,498 |
| Current Tax Liabilities | 37,483 | 11,053 |
| Current liabilities (unlabelled subtotal) | 9,867,073 | 6,653,580 |
| Total Liabilities | 12,450,170 | 9,236,677 |
| Total Equity and Liabilities | 7,767,022 | 4,427,534 |
Notes and alternative reported figures (3)
- “Retirement Benefit Assets” is an issuer-specific line, not mapped to a shared definition: Net defined benefit asset (note 23.4), non-current.
- “Prepayments” is an issuer-specific line, not mapped to a shared definition: Note 15: prepayments, printed apart from trade and other receivables (current).
- “Trade and Other Payables” is an issuer-specific line, not mapped to a shared definition: Note 21.1: trade and other payables printed under non-current liabilities.
Cash flow
| Line (as printed) | FY2025Audited financial statementsreported for the year | FY2024Audited financial statementscomparative in FY2025 filing |
|---|---|---|
| Operating Profit Before Working Capital Changes1 | 205,826 | 428,000 |
| Cash generated from operations (unlabelled subtotal) | 1,221,266 | 1,923,920 |
| Tax paid | (11,053) | (19,276) |
| Net Cash Flows from Operating Activities | 1,210,214 | 1,904,644 |
| Acquisition of PPE | –2 | (14,229) |
| Investment income3 | 16,221 | 60,629 |
| Net Cash Flows from Investing Activities | 16,221 | 46,400 |
| Net Cash Flows from Financing Activities | –4 | –4 |
| Net Cashflows for the Year | 1,226,434 | 1,951,044 |
| Cash and cash equivalents, at 1 January | 522,561 | 1,243,371 |
| Effects of exchange difference | –5 | (2,671,854) |
| Cash and Cash Equivalents as at 31 December | 1,748,995 | 522,561 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
- Printed “-”, read as nil: subtotal_arithmetic: cf.net_change_in_cash.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash; no printed subtotal confirms a nil reading.
Notes and alternative reported figures (2)
- “Operating Profit Before Working Capital Changes” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of the operating section.
- “Investment income” is an issuer-specific line, not mapped to a shared definition: Investment income received, investing activities (note 9).
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.
-
NCR (Nigeria) Plc Financial Statements for the year ended 31 December 2025
Year ended 31 December 2025 · Audited financial statements · signed / final
Audit: Grant Thornton Nigeria (Chartered Accountants), Lagos, unmodified opinion · signed
Auditor's sign-off: Uchenna Okigbo, FCA, for Grant Thornton
Final status: Report of the independent auditors to the members of NCR Nigeria Plc (PDF pp24-25, scanned), unmodified, signed by hand above 'Uchenna Okigbo, FCA, FRC/2016/PRO/00000015653, For: GRANT THORNTON (Chartered Accountants), LAGOS, NIGERIA. Date: 1 June 2026', with the ICAN seal (p25, page image). Statement of financial position: 'These accounts were approved by the Board of Directors on 1st of June, 2026' with handwritten signatures of Matthew Adefila (Chairman) and Chukwueke Onyekachi Caleb FCA (Director/CFO) (p29, page image).
- Document date
- 1 Jun 2026
- Auditor's report
- 1 Jun 2026
- Board approval
- 1 Jun 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · NGN thousands (printed “₦'000”)
- Key audit matter (p24): during 2025 management changed the company's functional currency from the naira to the US dollar and then reversed the change before finalising the statements; the auditor found the final determination appropriate under IAS 21.
- The text layer of p28 prints the EPS amounts '1.97 (20.11)' apart from their label; they are anchored on the preceding printed row. No hidden figure differing from the printed page was found on pp28-31.
- Total equity is negative: (4,683,149) at 31 December 2025 and (4,809,143) at 31 December 2024 (p29). The auditor's report prints no material-uncertainty paragraph; the directors state nothing has come to their attention to indicate the company will not remain a going concern (p18).
- PDF pp26-27 hold Grant Thornton's separate limited-assurance report on internal control over financial reporting (signed, 1 June 2026); it is not the report on the financial statements.
Technical details
- File
- 70 pages, with a text layer
- SHA-256
cb3e05342f79684adc8c379566d77289f417b9cd59fa18302c9d92e8862ad2eb- Entity as printed
- NCR (NIGERIA) PLC
- Exchange copy
- retrieved 2026-10-08T18:01:45Z
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) (9 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.