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

Omatek Ventures

OMATEK · Nigerian Exchange · Consolidated statements

On this page
Company details
Legal name
Omatek Ventures Plc
Listing
OMATEK on the Nigerian Exchange, active · ISIN NGOMATEX0001 (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 0

    0 NGN millions · p20

    −100.0% vs 2024

  • Operating profit / (loss)

    −NGN 49.8 million

    (49.78) NGN millions · p20

    Change not shown.

  • Profit / (loss) for the year

    −NGN 63.0 million

    (62.96) NGN millions · p20

    Change not shown.

  • Total assets

    NGN 2.43 billion

    2,431 NGN millions · p19

    −15.3% vs 2024

  • Total equity

    −NGN 2.69 billion

    (2,691) NGN millions · p19

    Change not shown.

  • Cash from operations

    −NGN 2.66 billion

    (2,659.04) NGN millions · p23

    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 millions 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 millions. 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 –1 1.00
COST OF SALES –1 –1
GROSS PROFIT –2 1.00
OTHER INCOME 1 (1)
SELLING AND DISTRIBUTION EXPENSES –2 (0.80)
ADMINISTRATION EXPENSES (50.94) (72.42)
RESULTS FROM OPERATING ACTIVITIES (49.78) (73.15)
FINANCE COST –3 –3
PROFIT/(LOSS) BEFORE TAX (49.78) (73.15)
TAX EXPENSE (13.18) (13.19)
PROFIT/(LOSS) ON CONTINUING OPERATIONS (62.96) (86.33)
TOTAL COMPREHENSIVE INCOME (63) (86.33)
NON CONTROLLING INTEREST4 (4.04) (6.99)
  1. Printed “-”, read as nil: subtotal_arithmetic: is.gross_profit.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.operating_profit.
  3. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (1)
  1. “NON CONTROLLING INTEREST” is an issuer-specific line, not mapped to a shared definition: Share of the loss for the year attributable to non-controlling interests.

Balance sheet

Balance sheet, NGN millions. 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 & EQUIPMENT 15 451
INVESTMENT PROPERTY 2,200 2,200
INVESTMENTS1 132 132
DEFFERED TAX ASSET 56 56
TOTAL NON CURRENT ASSETS 2,403 2,839
INVENTORIES 25 25
TRADE & OTHER RECEIVABLES –2 –2
CASH & CASH EQUIVALENTS 4 6
TOTAL CURRENT ASSETS 29 31
TOTAL ASSETS 2,431 2,870
SHARE CAPITAL 1,471 1,471
SHARE PREMIUM 4,376 4,376
RETAINED EARNINGS (5,838) (5,788)
REVALUATION RESERVE 615 615
NON CONTROLLING INTEREST (3,315) (3,311)
TOTAL EQUITY (2,691) (2,636)
LONG TERM LOANS & BORROWINGS –3 –3
DEFFERED TAX LIABILITY (3) 432
TOTAL NON CURRENT LIABILITIES (3) 432
BANK OVERDRAFT 1.1 1.1
TRADE & OTHER PAYABLES 3,907 3,855
OTHER LIABILITIES4 216 216
SHORT TERM LOANS & BORROWINGS 1,002 1,002
TOTAL CURRENT LIABILITIES 5,126 5,074
TOTAL LIABILITIES 5,122 5,506
TOTAL EQUITIES & LIABILITIES 2,431 2,870
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (2)
  1. “INVESTMENTS” is an issuer-specific line, not mapped to a shared definition: Non-current asset line (note 10: Group 131.9 = Omatek Computers Ghana).
  2. “OTHER LIABILITIES”: mapping to a shared definition is uncertain. Printed 'Other liabilities' with note 11 (tax), where 'Accrued tax' carries 216.0 (p40).

Cash flow

Cash flow, NGN millions. 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
NET CASH FROM OPERATING ACTIVITIES (2,659.04) (2,734.29)
PURCHASE OF FIXED ASSET –1 –1
NET CASH FROM INVESTING ACTIVITIES –2 –2
LOANS & BORROWINGS3 –4 –4
CONSUMER FINANCE5 (643.58) (643.58)
NET CASH FROM FINANCING ACTIVITIES (643.58) (643.58)
NET CASH FLOW (3,302.62) (3,377.86)
CASH & CASH EQUIVALENTS @ 1ST JANUARY (3,356.59) 21.28
CASH & CASH EQUIVALENTS @ END DECEMBER (6,659.21) (3,356.59)
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.net_change_in_cash.
  3. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (2)
  1. “LOANS & BORROWINGS”: mapping to a shared definition is uncertain. Printed 'Loans & borrowings' with no direction; dashes for the Group in both years.
  2. “CONSUMER FINANCE” is an issuer-specific line, not mapped to a shared definition: Financing cash flow line as labelled.

Per share and shares

Per share and shares. 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
Earnings / (loss) per share (per share)1 (0.021) (0.029)
Profit / (loss) attributable to shareholders (NGN millions)2 (58.92) (79.35)
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “BASIC EARNINGS/(LOSS) PER SHARE (NGN)”.
  2. Profit / (loss) attributable to shareholders: printed as “PROFIT ATTRIBUTABLE TO THE GROUP”.

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.

  • Omatek Ventures Plc Audited Consolidated 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), Lagos, unmodified opinion · signed

    Auditor's sign-off: Julius Olukayode Aina (FRC2013/ICAN/00000004390), for Olukayode Aina & Co

    Final status: The report of the independent auditors (opinion PDF p15) is signed by hand by Julius Olukayode Aina (FRC2013/ICAN/00000004390) for Olukayode Aina & Co, Lagos, dated March 27, 2026, with the ICAN seal (PDF p17, page image). The consolidated statement of financial position states approval by the Board on 26th March, 2026 and carries visible signatures of Dr. Timothy Farinre (Group Chairman), Mr. Anthony O. Omhenke (Chief Finance Officer) and Mr Yemi Ogundipe (Group Managing Director) (PDF p19, page image).

    Document date
    27 Mar 2026
    Auditor's report
    27 Mar 2026
    Board approval
    26 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · NGN millions (printed “N'M”)
    • Cash flows (p23): closing cash and cash equivalents printed (6,659.21) (2024: (3,356.59)) N'M, against cash and cash equivalents of 4 (2024: 6) and a bank overdraft of 1.1 on the statement of financial position (p19). The cash-flow statement's own arithmetic (operating, financing, opening, closing) holds. Kept as printed (checked on the p19 and p23 renders); the closing-cash-equals-balance-sheet check fails.
    • Group results from operating activities (49.78) (2024: (73.15)) do not equal the printed lines (other income 1 / (1), selling and distribution - / (0.80), administration (50.94) / (72.42)): (49.94) and (73.22). Other income is printed rounded to whole millions. Kept as printed (checked on the p20 render).
    • Tax: the Group income statement prints a tax expense of (13.18) (2024: (13.19)) (p20), while note 11 prints a Group deferred tax credit of (436) / total (435.97) for 2025 and a deferred tax liability falling from 432.4 to (3.4) (p40); the Company column of the income statement prints a tax credit of 435.94. Kept as printed.
    • Deferred tax liability 2024 (432) is placed in the text layer after the 'Total non current liabilities' label; the 2025 figure (3) is read from its own line and the 2024 figure 432 from the text following 'TOTAL NON CURRENT LIABILITIES (3)', its row placement checked on the p19 render.
    • Key audit matter 'Going Concern' (p15): indebtedness to financial institutions and an ex parte order obtained by Bank of Industry that placed the company under receivership for over seven years; 'The matter has been settled with the Bank.' No material-uncertainty or emphasis-of-matter paragraph is printed. Group total equity is negative ((2,691) N'M).
    • The independent practitioner's report on internal control (p18), dated March 27, 2026, says the auditor's report on the financial statements is 'dated 26 March, 2025'; the auditor's report itself is dated March 27, 2026 (p17).
    • Under 'Other comprehensive income' the statement prints 'Rental income' and 'Other expense' as dashes and then 'Total other comprehensive income' (62.96) (2024: (86.33)), which repeats the loss for the year; total comprehensive income is printed (63) (2024: (86.33)) (p20). The mislabelled OCI total is not transcribed.
    • Basic and diluted loss per share printed identically in naira: (0.021) (2024: (0.029)) (p20).
    Technical details
    File
    49 pages, with a text layer
    SHA-256
    23c4ea7c14c989dde42821f9c67e8afb877e747a3c1c93537dde6d68026e1679
    Entity as printed
    Omatek Ventures Plc and its subsidiaries (together, "the Group")
    Exchange copy
    retrieved 2026-10-08T18:00:42Z

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