EUNISELL INTERLINKED PLC |
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED |
31ST DECEMBER 2025 |
EUNISELL INTERLINKED PLC | ||||||||
UNAUDITED STATEMENT OF COMPREHENSIVE INCOME FOR 2ND QUARTER ENDED 31ST DECEMBER, 2025 | ||||||||
(Figures in ₦'000) | ||||||||
3 months | 3 months | 6 months | 6 months | |||||
Oct - Dec 2025 | Oct - Dec 2024 | July - Dec 2025 | July - Dec 2024 | |||||
₦'000 | ₦'000 | ₦'000 | ₦'000 | |||||
REVENUE | 108,737 | 613,792 | 553,759 | 974,322 | -43% | |||
COST OF SALES | (44,526) | (390,152) | (286,916) | (582,032) | -51% | |||
GROSS PROFIT | 64,211 | 223,640 | 266,843 | 392,290 | -32% | |||
OPERATING EXPENSES | (73,208) | (66,242) | (141,781) | (104,521) | 36% | |||
OTHER INCOME | - | - | ||||||
PROFIT/(LOSS)FROM OPERATIONS | (8,997) | 157,398 | 125,062 | 287,769 | -57% | |||
FINANCE COST | - | (12,052) | - | (20,045) | -100% | |||
PROFIT BEFORE TAX | (8,997) | 145,346 | 125,062 | 267,724 | -53% | |||
TAXATION | - | - | ||||||
PROFIT/(LOSS) FOR THE PERIOD | (8,997) | 145,346 | 125,062 | 267,724 | -53% | |||
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 | (8,997) | 145,346 | 125,062 | 267,724 | -53% | |||
EUNISELL INTERLINKED PLC | |||
UNAUDITED STATEMENT OF FINANCIAL POSITION | |||
AS AT 31ST DECEMBER, 2025 | |||
(Figures in N'000) | |||
NOTES | Unaudited | Audited | |
31 Dec 2025 | 30 JUNE 2025 | ||
Assets: | ₦'000 | ₦'000 | |
Non-Current Assets: | |||
Property, Plant and equipment | 1 | 28,725 | 12,656 |
Current Assets: | |||
Inventories | 426,340 | 288,670 | |
Trade Receivables/Prepayment | 2 | 314,352 | 543,703 |
Cash and Cash Equivalents | 197,418 | 84,194 | |
938,110 | 916,567 | ||
Total Assets | 966,835 | 929,223 | |
Equity and Liabilities | |||
Equity | |||
Share capital | 118,350 | 118,350 | |
Retained earnings | 241,871 | 135,564 | |
Other Components of Equity | 3 | 232,440 | 232,440 |
Total Equity | 592,661 | 486,354 | |
Non-Current Liabilities | |||
Deferred Tax | 2,971 | 2,971 | |
Current Liabilities | |||
Trade and other Payables | 4 | 104,380 | 111,210 |
Current income tax liabilities | 0 | 43,865 | |
Short-term Borrowings | 66,823 | 84,823 | |
Deposit for shares | 200,000 | 200,000 | |
371,203 | 439,898 | ||
Total Equity and Liabilities | 966,835 | 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/PRO/ICAN/001/485227 | |
Approved by the Board | |||
January 27th, 2026 | |||
STATEMENT OF CASH FLOWS | |||
31ST DECEMBER, 2025 | |||
Unaudited | Audited | ||
31 Dec 2025 | 30 JUNE 2025 | ||
Notes | ₦'000 | ₦'000 | |
Cash from operating activities | |||
Profit before income tax | (8,997) | 235,849 | |
Adjustments: | |||
Interest income | - | - | |
Interest expense | - | 42,998 | |
Profit from asset disposal | - | - | |
Depreciation | 1,889 | 2,798 | |
Changes in working capital: | |||
- | inventories | (137,670) | 21,797 |
- | trade and other receivables | 229,351 | 23,069 |
- | trade and other payables | (6,830) | (118,247) |
Cash generated from operations | 77,743 | 208,265 | |
Interest income received | - | - | |
Interest expense paid | - | (42,998) | |
Income tax paid | (43,865) | (32,054) | |
Net cash from/ (used in) operating activities | 33,878 | 133,213 | |
Cash from investing activities | |||
Purchase of property, plant and equipment | 2,750 | (4,795) | |
- | - | ||
Proceeds from disposal of property, plant and | - | - | |
Net cash from/ (used in) investing activities | 2,750 | (4,795) | |
Cash from financing activities | |||
Deposits for shares | - | ||
Net proceeds / (repayment) on long term | - | (46,904) | |
Net proceeds / (repayment) on short term | - | - | |
Restricted cash | - | - | |
Net cash from/ (used in) financing activities | - | (46,904) | |
Net change in cash and cash equivalents | 113,224 | 82,324 | |
Cash and cash equivalents at beginning of the year | 84,194 | 1,870 | |
Cash and cash equivalents at end of the year | 197,418 | 84,194 | |
Represented By: | |||
Cash and cash equivalents | 197,418 | 84,194 | |
STATEMENT OF CHANGE IN EQUITY | -1 | ||||
31ST DECEMBER, 2025 | |||||
Share | Share | Other | Retained | Total | |
Capital | Premium | Reserves | Earnings | Equity | |
₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | |
Balance as at 1st October 2025 | 118,350 | 229,351 | 3,089 | 250,868 | 601,658 |
Profit for the period | - | - | - | (8,997) | (8,997) |
Balance as at 31st December, 2025 | 118,350 | 229,351 | 3,089 | 241,871 | 592,661 |
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 Oct 1,2025 | 7,065 | 5,477 | 31,664 | 17,575 | 13,345 | 415 | 75,541 | |
Additions | 2,750 | 2,750 | ||||||
At Dec 31, 2025 | 7,065 | 5,477 | 31,664 | 17,575 | 16,095 | 415 | 78,291 | |
Depreciation: | ||||||||
At Oct 1,2025 | 7,065 | 4,651 | 11,410 | 15,787 | 8,376 | 388 | 47,677 | |
Charge for the period | - | 550 | 607 | 153 | 578 | 1 | 1,889 | |
At Dec 31, 2025 | 7,065 | 5,201 | 12,017 | 15,940 | 8,954 | 389 | 49,566 | |
Net Book Value: | ||||||||
At Dec 31, 2025 | - | 276 | 19,647 | 1,635 | 7,141 | 26 | 28,725 | |
At Dec 31, 2024 | - | 997 | 3,889 | 271 | 2,943 | 25 | 8,124 | |
Unaudited | Audited | |||||||
Dec-25 | Jun-25 | |||||||
₦'000 | ₦'000 | |||||||
2. Trade Receivables and Prepayments | ||||||||
Trade Receivables | 86,453 | 151,499 | ||||||
Other Receivables | 181,034 | 267,796 | ||||||
Prepayments | 46,865 | 124,408 | ||||||
314,352 | 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 | 49,964 | 56,795 | ||||||
Sundry Payables | 27,486 | 27,486 | ||||||
Other Payables & Accruals | 26,930 | 26,930 | ||||||
104,380 | 111,210 | |||||||
Unaudited | Unaudited | |||||||
Dec-25 | Dec-24 | |||||||
₦'000 | ₦'000 | |||||||
5. Revenue | ||||||||
Power products | 15,762 | 180,191 | ||||||
Oil & Gas | 62,049 | 398,840 | ||||||
Electrical panels and accessories | 15,209 | 8,878 | ||||||
Construction | 15,717 | 25,883 | ||||||
108,737 | 613,792 | |||||||
5. Administrative Expenses | ||||||||
Employees Benefits | - | 1,636 | ||||||
Professional fees | 2,341 | 7,430 | ||||||
Audit fees | - | 1,300 | ||||||
Repairs & Maintenance | 2,849 | 900 | ||||||
Other expenses | 72,594 | 54,976 | ||||||
77,784 | 66,242 | |||||||
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 | 31-Dec-25 | 31-Dec-24 | ||
Unit ('000) | Percentage | Unit ('000) | Percentage | |
Issued Share Capital | 236,700 | 100% | 236,700 | 100% |
Substantial Shareholdings (5% and above) | ||||
Boussole Integrated Linmited | 150,223 | 63.47% | 150,223 | 63.47% |
Total Substantial Shareholdings | 150,223 | 63.47% | 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 | 860 | 0.36% | 1,249 | 0.53% |
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 | 4,340 | 1.83% | 4,729 | 2.00% |
Other Influential Shareholdings | ||||
Mr. Fabian Nnadozie | 6,230 | 2.63% | 6,230 | 2.63% |
Total Other Influential Shareholdings | 6,230 | 2.63% | 6,230 | 2.63% |
Free Float in Units and Percentage | 75,907 | 32.07% | 75,518 | 31.90% |
Free Float in Value | ₦ 569,302.50 | ₦ 823,146.20 | ||
Declaration: | ||||
(A) Eunisell Interlinked Plc with a free float percentage of 32.07% as at 31 December 2025, is compliant with The Exchange's free float requirements for companies listed on the Main Board. | ||||
(B) Eunisell Interlinked Plc with a free float value of N823,146.20 as at 30 December 2024, is compliant with The Exchange's free float requirements for companies listed on the Main Board. | ||||