EUNISELL INTERLINKED PLC |
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED |
30TH SEPTEMBER, 2025 |
EUNISELL INTERLINKED PLC | |||
UNAUDITED STATEMENT OF COMPREHENSIVE INCOME FOR YEAR ENDED 30TH SEPT 2025 | |||
(Figures in ₦'000) | |||
Unaudited | Unaudited | ||
Sep-25 | Sep-24 | ||
₦'000 | ₦'000 | ||
REVENUE | 445,022 | 360,530 | |
COST OF SALES | (265,721) | (191,880) | |
GROSS PROFIT | 179,301 | 168,650 | |
OPERATING EXPENSES | (63,997) | (38,279) | |
OTHER INCOME | |||
PROFIT/(LOSS)FROM OPERATIONS | 115,304 | 130,371 | |
FINANCE COST | - | (7,993) | |
PROFIT BEFORE TAX | 115,304 | 122,378 | |
TAXATION | |||
PROFIT/(LOSS) FOR THE PERIOD | 115,304 | 122,378 | |
OTHER COMPREHENSIVE INCOME | |||
GAINS/LOSS ON PROPERTY REVALUATION | |||
EXCHANGE DIFF. FROM TRANSLATION OF FOREIGN ENTITY'S F/S | |||
GAINS/LOSS FROM VALUATION OF EQUITY INVESTMENT INSTRUMENT | |||
MEASURED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | |||
Total Comprehensive Income for the Year | 115,304 | 122,378 | |
EUNISELL INTERLINKED PLC | |||||||
UNAUDITED STATEMENT OF FINANCIAL POSITION | |||||||
AS AT 30TH SEPTEMBER 2025 | |||||||
(Figures in N'000) | |||||||
NOTES | Unaudited | Audited | |||||
Sep-25 | Jun-25 | ||||||
Assets: | ₦'000 | ₦'000 | |||||
Non-Current Assets: | |||||||
Property, Plant and equipment | 1 | 27,864 | 12,656 | ||||
Current Assets: | |||||||
Inventories | 338,090 | 288,670 | |||||
Trade Receivables/Prepayment | 2 | 666,456 | 543,703 | ||||
Cash and Cash Equivalents | 85,299 | 84,194 | |||||
1,089,845 | 916,567 | ||||||
Total Assets | 1,117,710 | 929,223 | |||||
Equity and Liabilities | |||||||
Equity | |||||||
Share capital | 118,350 | 118,350 | |||||
Retained earnings | 296,234 | 135,564 | |||||
Other Components of Equity | 3 | 232,440 | 232,440 | ||||
Total Equity | 647,024 | 486,354 | |||||
Non-Current Liabilities | |||||||
Deferred Tax | 2,971 | 2,971 | |||||
Current Liabilities | |||||||
Trade and other Payables | 4 | 157,027 | 111,210 | ||||
Current income tax liabilities | 43,865 | 43,865 | |||||
Deposit for shares | 200,000 | 200,000 | |||||
Short-term Borrowings | 66,823 | 84,823 | |||||
470,686 | 439,898 | ||||||
Total Equity and Liabilities | 1,117,710 | 929,223 | |||||
Chika Ikenga | Chris Okoro | Victoria Adeku | |||||
Chairman | MD/CEO | Chief Financial Officer (CFO) | |||||
FRC/2023/PRO/DIR/003/815560 | FRC/2019/002/0000074 | FRC/2023/001/485227 | |||||
Approved by the Board | |||||||
October 24th, 2025 | |||||||
STATEMENT OF CHANGE IN EQUITY | |||||
30TH SEPTEMBER 2025 | |||||
Share | Share | Other | Retained | Total | |
Capital | Premium | Reserves | Earnings | Equity | |
₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | |
Balance as at 1st July 2025 | 118,350 | 229,351 | 3,089 | 180,930 | 531,720 |
Profit for the period | - | - | - | 115,304 | 115,304 |
Balance as at 30th Sept 2025 | 118,350 | 229,351 | 3,089 | 296,234 | 647,024 |
STATEMENT OF CASH FLOWS | |||
30TH SEPTEMBER, 2025 | |||
Unaudited | Audited | ||
Sep-25 | Jun-25 | ||
Notes | ₦'000 | ₦'000 | |
Cash from operating activities | |||
Profit before income tax | 115,304 | 235,849 | |
Adjustments: | |||
Interest income | - | - | |
Interest expense | - | 42,998 | |
Profit from asset disposal | - | - | |
Depreciation | 1,209 | 2,798 | |
Changes in working capital: | |||
- | inventories | (49,420) | 21,797 |
- | trade and other receivables | (122,753) | 23,069 |
- | trade and other payables | 45,817 | (118,247) |
Cash generated from operations | (9,843) | 208,265 | |
Interest income received | - | - | |
Interest expense paid | - | (42,998) | |
Income tax paid | (32,054) | ||
VAT paid | - | - | |
Net cash from/ (used in) operating activities | (9,843) | 133,213 | |
Cash from investing activities | |||
Purchase of property, plant and equipment | (16,417) | (4,795) | |
- | - | ||
Proceeds from disposal of property, plant and | - | - | |
Net cash from/ (used in) investing activities | (16,417) | (4,795) | |
Cash from financing activities | |||
Net proceeds / (repayment) on long term | - | - | |
Net proceeds / (repayment) on short term | (18,000) | (46,904) | |
Restricted cash | - | - | |
Net cash from/ (used in) financing activities | (18,000) | (46,904) | |
Net change in cash and cash equivalents | 1,105 | 82,324 | |
Cash and cash equivalents at beginning of the year | 84,194 | 1,870 | |
Cash and cash equivalents at end of the year | 85,299 | 84,194 | |
Represented By: | |||
Cash and cash equivalents | 85,299 | 84,194 | |
EUNISELL INTERLINKED PLC | ||||||||
NOTES TO THE ACCOUNTS | ||||||||
1 | PROPERTY, PLANT & EQUIPMENT | |||||||
Leasehold | Motor | Plant & | Furniture & | Computer | Borehole | Total | ||
Improvement | Vehicle | Machinery | Equipment | Equipment | ||||
Cost/Valuation: | ₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | |
Cost: | ||||||||
At Jul 1,2025 | 7,065 | 5,477 | 15,247 | 17,575 | 13,345 | 415 | 59,124 | |
Additions | 16,417 | 16,417 | ||||||
At Sept 30, 2025 | 7,065 | 5,477 | 31,664 | 17,575 | 13,345 | 415 | 75,541 | |
Depreciation: | ||||||||
At Jul 1,2025 | 7,065 | 4,377 | 11,264 | 15,519 | 7,856 | 387 | 46,468 | |
Charge for the period | - | 274 | 146 | 268 | 520 | 1 | 1,209 | |
At Sept 30, 2025 | 7,065 | 4,651 | 11,410 | 15,787 | 8,376 | 388 | 47,677 | |
Net Book Value: | ||||||||
At Sept 30, 2025 | - | 826 | 20,254 | 1,788 | 4,969 | 27 | 27,864 | |
At Sept. 30 2024 | - | 1,100 | 3,983 | 344 | 2,979 | 28 | 8,434 | |
Unaudited | Audited | |||||||
Sep-25 | Jun-25 | |||||||
₦'000 | ₦'000 | |||||||
2. Trade Receivables and Prepayments | ||||||||
Trade Receivables | 324,701 | 151,499 | ||||||
Other Receivables | 294,299 | 267,796 | ||||||
Prepayments | 47,456 | 124,408 | ||||||
666,456 | 543,703 | |||||||
3. Other Components Of Equity | ||||||||
Share Premium | 229,351 | 229,351 | ||||||
Revaluation Reserve | 3,089 | 3,089 | ||||||
232,440 | 232,440 | |||||||
4. Trade Creditors and Accruals | ||||||||
Trade Payables | 102,611 | 56,795 | ||||||
Other Payables | 27,486 | 27,486 | ||||||
Accruals | 26,930 | 26,930 | ||||||
157,027 | 111,210 | |||||||
Unaudited | Unaudited | |||||||
Sep-25 | Sep-24 | |||||||
5. Revenue | ||||||||
Power products | 7,894 | 320,920 | ||||||
Oil & Gas | 372,585 | - | ||||||
Electrical panels and accessories | 1,500 | 12,523 | ||||||
Construction/Manufacturing | 63,043 | 27,087 | ||||||
445,022 | 360,530 | |||||||
5. Administrative Expenses | ||||||||
Employees Benefits | 2,000 | 1,000 | ||||||
Professional fees | 2,903 | 220 | ||||||
Repairs & Maintenance | 3,139 | 723 | ||||||
Other expenses | 55,955 | 36,336 | ||||||
63,997 | 38,279 | |||||||
SECURITIES TRADING POLICY |
In compliance with Rule 17.15 Disclosure of Dealings in Issuers' Shares, Rulebook of the Exchange 2015 (Issuers |
Rule)Eunisell Interlinked Plc maintains a Security Trading Policy which guides Directors, Audit Committee |
members, employees and all individuals categorized as insiders as to their dealing in the Company's shares. The |
Policy undergoes periodic reviews by the Board and is updated accordingly. The Company has made specific |
inquiries of all its directors and other insiders and is not aware of any infringement of the policy during the |
period under review. |
EUNISELL INTERLINKED PLC | ||||
Hypothetical Case on Free Float Computation | ||||
Shareholding Structure/Free Float Status | ||||
Description | 30-Sep-25 | 30-Sep-24 | ||
Unit | Percentage | Unit | Percentage | |
Issued Share Capital | 236,700 | 100% | 236,700 | 100% |
Substantial Shareholdings (5% and above) | ||||
Boussole Intergrated Limited | 150,223 | 63.47% | 150,223 | 63.47% |
Layode Olusegun Yusuf | 15,015 | 6.34% | 0 | 0.00% |
Total Substantial Shareholdings | 165,238 | 69.81% | 150,223 | 63.47% |
Directors' Shareholdings (direct and indirect), excluding directors with substantial interests | ||||
Mr. Chika Ikenga | 3,480 | 1.47% | 3,480 | 1.47% |
Kayode Awobodu | 1,249 | 0.53% | 1,249 | 0.53% |
Mr. Fabian Nnadozie | 0 | 0.00% | 6,230 | 2.63% |
Mr. Christopher Okoro | 0 | 0.00% | 0 | 0.00% |
Mr. Surajudeen Baarabe Yakubu | 0 | 0.00% | 0 | 0.00% |
Mr. Ajibola Edwards | 0 | 0.00% | 0 | 0.00% |
Total Directors' Shareholdings | 4,729 | 2.00% | 10,959 | 4.63% |
Other Influential Shareholdings | ||||
Abubakar Usman | 1,531 | 0.65% | ||
Mr. Azih Oduche | 1,165 | 0.49% | ||
Total Other Influential Shareholdings | 0 | 0.00% | 0 | 1.14% |
Free Float in Units and Percentage | 66,733 | 28.19% | 75,518 | 31.90% |
Free Float in Value | ₦ 500,497.50 | ₦ 823,146.20 | ||
Declaration: | ||||
(A) Eunisell Interlinked Plc with a free float percentage of 28.19% as at 30 September 2025, is compliant with The Exchange's free float requirements for | ||||
(B) Eunisell Interlinked Plc with a free float value of N823,146.20 as at 30 September 2024, is compliant with The Exchange's free float requirements for | ||||