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For the nine months ended 30 September 2021, Ekocorp PLC revenues decreased 13% to NGN643.5M. Net loss increased from NGN48.3M to NGN148.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Interest on overdraft increase of 74% to NGN12.3M (expense), Bank Charges & Commission increase of 49% to NGN1.9M (expense).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 193.22 | 450.24 | 215.52 | 237.37 |
Gross Profit | -6.3 | 100.91 | 4.84 | 97.95 |
Operating Income | -69.74 | -56.45 | -59.3 | -112.33 |
Net Income | -76.69 | -71.56 | -69.12 | -117.62 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 6403.89 | 6400.52 | 6380.58 | 6375.39 |
Total Liabilities | 4059.08 | 4059.47 | 3956.64 | 3882.34 |
Total Equity | 2344.81 | 2341.05 | 2423.94 | 2493.06 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 106.84 | 85.86 | 38.84 | 46.67 |
Cash From Investing Activities | -31.8 | -31.8 | -13.98 | -455.56 |
Cash From Financing Activities | -71.6 | -56.05 | -22.38 | 387.91 |
Net Change in Cash | 3.44 | -2 | 2.48 | -20.98 |
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