NCR (Nigeria) Plc returned to profit in the 2025 financial year, posting a pre-tax profit of N196.04 million, a marked improvement from the N2.1 billion loss recorded in 2024.
The performance was disclosed in the company’s full-year financial results released on the Nigerian Exchange on 27 January 2026.
Much of the improvement came from a strong nine-month performance, with NCR recording a pre-tax profit of N237.9 million between January and September 2025, followed by a pre-tax loss of N41.9 million in the fourth quarter.
Higher revenue, lower operational costs, and zero exchange losses helped NCR return to full-year profit, likely boosting investor confidence and contributing to a 1,354% surge in its share price in 2025.
What the company’s books are saying
NCR (Nigeria) reported full-year revenue of N3.08 billion in 2025, up from N2.1 billion in 2024, with Q4 alone contributing N1.5 billion.
However, high sales costs weighed heavily on earnings, rising to N2.8 billion, with Q4 alone responsible for 58% of the increase, driven mainly by direct costs of sales.
Other income also declined to N6.1 million, compared with N60.6 million in 2024.
Despite a modest top line, NCR posted a pre-tax profit of N196.04 million, rebounding from a N2.1 billion loss in 2024. With no income tax, post-tax profit remained the same.
A look at NCR’s balance sheet shows total assets rising to N7.8 billion, up 76.5% from N4.4 billion, with trade and other receivables forming the largest component at N5.6 billion, or 72% of total assets.
Meanwhile, shareholder equity, although still negative, showed slight improvement, narrowing from a loss of N4.8 billion in 2024 to N4.6 billion.
On the liabilities side, total obligations rose, increasing to N12.4 billion from N9.2 billion.
NCR (Nigeria) provides banks and businesses with ATMs, POS systems, banking software, and support services for cash and digital transactions.
On the Nigerian Exchange, NCR shares have surged over 173% year-to-date in 2026, trading at N199 per share, and could rise further depending on how the market interprets the FY 2025 results.