EUNISELL INTERLINKED PLC |
UNAUDITED ACCOUNTS FOR THE PERIOD ENDED |
31ST MARCH, 2026 |
EUNISELL INTERLINKED PLC | |||||
UNAUDITED STATEMENT OF COMPREHENSIVE INCOME FOR 3RD QUARTER ENDED 31ST MARCH, 2026 | |||||
(Figures in ₦'000) | |||||
3 months | 3 months | 9 months | 9 months | ||
Ja | n - March 2026 | Jan - March 2025 | July 2025 - March 2026 | July 2024 - March 2025 | |
₦'000 | ₦'000 | ₦'000 | ₦'000 | ||
REVENUE | 503,302 | 332,253 | 1,057,061 | 1,306,575 | -19% |
COST OF SALES | (285,104) | (195,135) | (572,020) | (777,167) | -26% |
GROSS PROFIT | 218,198 | 137,118 | 485,041 | 529,408 | -8% |
OPERATING EXPENSES | (90,748) | (72,814) | (232,529) | (177,335) | -31% |
OTHER INCOME | - | - | |||
PROFIT/(LOSS)FROM OPERATIONS | 127,450 | 64,304 | 252,512 | 352,073 | -28% |
FINANCE COST | (3,663) | (12,373) | (3,663) | (32,418) | -89% |
PROFIT BEFORE TAX | 123,787 | 51,931 | 248,849 | 319,655 | -22% |
TAXATION | - | - | |||
PROFIT/(LOSS) FOR THE PERIOD | 123,787 | 51,931 | 248,849 | 319,655 | -22% |
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 | 123,787 | 51,931 | 248,849 | 319,655 | -22% |
EUNISELL INTERLINKED PLC | |||
UNAUDITED STATEMENT OF FINANCIAL POSITION | |||
AS AT 31ST MARCH, 2026 | |||
(Figures in N'000) | |||
NOTES | Unaudited | Audited | |
31 MARCH 2026 | 30 JUNE 2025 | ||
Assets: | ₦'000 | ₦'000 | |
Non-Current Assets: | |||
Property, Plant and equipment | 1 | 139,431 | 12,656 |
Current Assets: | |||
Inventories | 359,924 | 288,670 | |
Trade Receivables/Prepayment | 2 | 683,024 | 543,703 |
Cash and Cash Equivalents | 70,044 | 84,194 | |
1,112,992 | 916,567 | ||
Total Assets | 1,252,424 | 929,223 | |
Equity and Liabilities | |||
Equity | |||
Share capital | 118,350 | 118,350 | |
Retained earnings | 365,658 | 135,564 | |
Other Components of Equity | 3 | 232,440 | 232,440 |
Total Equity | 716,448 | 486,354 | |
Non-Current Liabilities | |||
Deferred Tax | 2,971 | 2,971 | |
Current Liabilities | |||
Trade and other Payables | 4 | 130,645 | 111,210 |
Current income tax liabilities | - | 43,865 | |
Short-term Borrowings | 202,360 | 84,823 | |
Deposit for shares | 200,000 | 200,000 | |
533,005 | 439,898 | ||
Total Equity and Liabilities | 1,252,424 | 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 | |||
April 29th, 2026 | |||
STATEMENT OF CASH FLOWS | |||
31ST MARCH, 2026 | |||
Unaudited | Audited | ||
31 MARCH 2026 | 30 JUNE 2025 | ||
Notes | ₦'000 | ₦'000 | |
Cash from operating activities | |||
Profit before income tax | 123,787 | 235,849 | |
Adjustments: | |||
Interest income | - | - | |
Interest expense | 3,663 | 42,998 | |
Profit from asset disposal | - | - | |
Depreciation | 9,295 | 2,798 | |
Changes in working capital: | |||
- | inventories | (71,254) | 21,797 |
- | trade and other receivables | (139,321) | 23,069 |
- | trade and other payables | 19,435 | (118,247) |
Cash generated from operations | (54,395) | 208,265 | |
Interest income received | - | - | |
Interest expense paid | (3,663) | (42,998) | |
Income tax paid | (32,054) | ||
Net cash from/ (used in) operating activities | (58,058) | 133,213 | |
Cash from investing activities | |||
Purchase of property, plant and equipment | 120,000 | (4,795) | |
- | - | ||
Proceeds from disposal of property, plant and | - | - | |
Net cash from/ (used in) investing activities | 120,000 | (4,795) | |
Cash from financing activities | |||
Deposits for shares | - | ||
Net proceeds / (repayment) on long term | - | - | |
Net proceeds / (repayment) on short term | 117,537 | (46,094) | |
Restricted cash | - | ||
Net cash from/ (used in) financing activities | 117,537 | (46,094) | |
Net change in cash and cash equivalents | (14,150) | 82,324 | |
Cash and cash equivalents at beginning of the year | 84,194 | 1,870 | |
Cash and cash equivalents at end of the year | 70,044 | 84,194 | |
Represented By: | |||
Cash and cash equivalents | 70,044 | 84,194 | |
STATEMENT OF CHANGE IN EQUITY | |||||
31ST MARCH, 2026 | |||||
Share | Share | Other | Retained | Total | |
Capital | Premium | Reserves | Earnings | Equity | |
₦'000 | ₦'000 | ₦'000 | ₦'000 | ₦'000 | |
Balance as at 31st December, 2025 | 118,350 | 229,351 | 3,089 | 241,871 | 592,661 |
Profit for the period | - | - | - | 123,787 | 123,787 |
Balance as at 31st March, 2026 | 118,350 | 229,351 | 3,089 | 365,658 | 716,448 |
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 Dec 31, 2025 | 7,065 | 5,477 | 31,664 | 17,575 | 16,095 | 415 | 78,291 | |
Additions | 120,000 | 120,000 | ||||||
At March 31, 2026 | 7,065 | 125,477 | 31,664 | 17,575 | 16,095 | 415 | 198,291 | |
Depreciation: | ||||||||
At Dec 31, 2025 | 7,065 | 5,201 | 12,017 | 15,940 | 8,954 | 388 | 49,565 | |
Charge for the period | - | 7,842 | 607 | 153 | 692 | 1 | 9,295 | |
At March 31, 2026 | 7,065 | 13,043 | 12,624 | 16,093 | 9,646 | 389 | 58,860 | |
Net Book Value: | ||||||||
At March 31, 2026 | - | 112,434 | 19,040 | 1,482 | 6,449 | 26 | 139,431 | |
At March 31, 2025 | - | 894 | 3,795 | 197 | 4,881 | 22 | 9,789 | |
Unaudited | Audited | |||||||
Mar-26 | Jun-25 | |||||||
₦'000 | ₦'000 | |||||||
2. Trade Receivables and Prepayments | ||||||||
Trade Receivables | 275,396 | 151,499 | ||||||
Other Receivables | 323,073 | 267,796 | ||||||
Prepayments | 84,555 | 124,408 | ||||||
683,024 | 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 | 76,229 | 56,795 | ||||||
Sundry Payables | 27,486 | 27,486 | ||||||
Other Payables & Accruals | 26,930 | 26,930 | ||||||
130,645 | 111,210 | |||||||
Unaudited | Unaudited | |||||||
Mar-26 | Mar-25 | |||||||
₦'000 | ₦'000 | |||||||
5. Revenue | ||||||||
Power products | 26,452 | 10,618 | ||||||
Oil & Gas | 448,735 | 252,957 | ||||||
Electrical panels and accessories | 1,886 | 12,959 | ||||||
Construction | 26,229 | 55,719 | ||||||
503,302 | 332,253 | |||||||
5. Administrative Expenses | ||||||||
Employees Benefits | 1,999 | 6,786 | ||||||
Professional fees | 4,171 | 1,600 | ||||||
Audit fees | - | - | ||||||
Repairs & Maintenance | 2,515 | 4,194 | ||||||
Other expenses | 82,063 | 60,234 | ||||||
90,748 | 72,814 | |||||||
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-Mar-26 | 31-Mar-25 | ||
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 March 2026, 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 31 March 2025, is compliant with The Exchange's free float requirements for companies listed on the Main Board. | ||||