NGDC

Natural Gas Distribution Company

9516StocksTadawulUtilities

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Operating Summary
Revenue	73.69M	75.31M	55.60M	54.32M	44.81M
Cost of Revenue	68.08M	69.80M	51.20M	50.28M	40.60M
Gross Profit	5.61M	5.51M	4.40M	4.04M	4.21M
SG&A	2.78M	3.42M	2.25M	2.89M	2.32M
Operating Expenses	2.94M	3.42M	2.41M	2.89M	2.48M
Operating Income	2.67M	2.09M	1.99M	1.16M	1.73M
Interest Income	406.14K	—	711.15K	—	836.35K
Interest Expense	-31.26K	-49.80K	-24.26K	-37.66K	-43.56K
Other Income/Expense	-703.34K	254.78K	-879.74K	674.27K	-338.51K
Pretax Income	5.52M	2.32M	2.33M	1.54M	2.19M
Income Tax	126.93K	72.72K	51.27K	50.05K	201.78K
Net Income	5.39M	2.25M	2.28M	1.49M	1.98M
EBITDA	4.95M	4.59M	4.50M	3.85M	4.50M
EBIT	2.67M	2.09M	1.99M	1.16M	1.73M
EPS (Basic)	1.08	0.45	0.46	0.30	0.40
EPS (Diluted)	1.08	0.45	0.46	0.30	0.40
Margins & Efficiency
Gross Margin %	+7.6%	+7.3%	+7.9%	+7.4%	+9.4%
EBITDA Margin %	+6.7%	+6.1%	+8.1%	+7.1%	+10.0%
Net Margin %	+7.3%	+3.0%	+4.1%	+2.7%	+4.4%
Revenue & Income
Revenue	73.69M	75.31M	55.60M	54.32M	44.81M
Revenue Growth (YoY)	+32.5%	+38.6%	+24.1%	+13.9%	-6.2%
Interest & Investment Income	406.14K	—	711.15K	—	836.35K
Earnings From Equity Investments	3.18M	0.02M	0.53M	-0.25M	—
Gain (Loss) on Sale of Assets	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	68.08M	69.80M	51.20M	50.28M	40.60M
Selling, General & Admin	2.78M	3.42M	2.25M	2.89M	2.32M
Operating Expenses	2.94M	3.42M	2.41M	2.89M	2.48M
Other Operating Expenses	—	—	—	—	—
Interest Expense	-31.26K	-49.80K	-24.26K	-37.66K	-43.56K
Other Non Operating Income (Expenses)	-703.34K	254.78K	-879.74K	674.27K	-338.51K
Amortization of Goodwill & Intangibles	21.60K	—	18.68K	—	—
D&A For EBITDA	2.28M	2.50M	2.51M	2.69M	2.77M
Profitability & Returns
Gross Profit	5.61M	5.51M	4.40M	4.04M	4.21M
EBIT	2.67M	2.09M	1.99M	1.16M	1.73M
EBITDA	4.95M	4.59M	4.50M	3.85M	4.50M
EBT Excluding Unusual Items	5.52M	2.32M	2.33M	1.54M	2.19M
Pretax Income	5.52M	2.32M	2.33M	1.54M	2.19M
Operating Income	2.67M	2.09M	1.99M	1.16M	1.73M
Operating Margin	+3.6%	+2.8%	+3.6%	+2.1%	+3.9%
Profit Margin	+7.3%	+3.0%	+4.1%	+2.7%	+4.4%
Net Income	5.39M	2.25M	2.28M	1.49M	1.98M
Net Income to Common	5.39M	2.25M	2.28M	1.49M	1.98M
Net Income Growth	+136.9%	+50.6%	+14.7%	-16.2%	-15.9%
Income Tax Expense	126.93K	72.72K	51.27K	50.05K	201.78K
Per Share & Capital
EPS (Basic)	1.08	0.45	0.46	0.30	0.40
EPS (Diluted)	1.08	0.45	0.46	0.30	0.40
EPS Growth	+136.9%	+50.6%	+14.7%	-16.2%	-14.2%
Shares Change (YoY)	—	—	—	—	-0.02
Shares Outstanding (Basic)	5.00M	5.00M	5.00M	5.00M	5.00M
Shares Outstanding (Diluted)	5.00M	5.00M	5.00M	5.00M	5.00M
Free Cash Flow	4.66M	5.42M	3.56M	3.28M	-6.09M
Free Cash Flow Margin	+6.3%	+7.2%	+6.4%	+6.0%	-13.6%
Free Cash Flow Per Share	0.93	1.08	0.71	0.66	-1.22

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Operating Summary
Revenue	73.69M	75.31M	55.60M	54.32M	44.81M
Cost of Revenue	68.08M	69.80M	51.20M	50.28M	40.60M
Gross Profit	5.61M	5.51M	4.40M	4.04M	4.21M
SG&A	2.78M	3.42M	2.25M	2.89M	2.32M
Operating Expenses	2.94M	3.42M	2.41M	2.89M	2.48M
Operating Income	2.67M	2.09M	1.99M	1.16M	1.73M
Interest Income	406.14K	—	711.15K	—	836.35K
Interest Expense	-31.26K	-49.80K	-24.26K	-37.66K	-43.56K
Other Income/Expense	-703.34K	254.78K	-879.74K	674.27K	-338.51K
Pretax Income	5.52M	2.32M	2.33M	1.54M	2.19M
Income Tax	126.93K	72.72K	51.27K	50.05K	201.78K
Net Income	5.39M	2.25M	2.28M	1.49M	1.98M
EBITDA	4.95M	4.59M	4.50M	3.85M	4.50M
EBIT	2.67M	2.09M	1.99M	1.16M	1.73M
EPS (Basic)	1.08	0.45	0.46	0.30	0.40
EPS (Diluted)	1.08	0.45	0.46	0.30	0.40
Margins & Efficiency
Gross Margin %	+7.6%	+7.3%	+7.9%	+7.4%	+9.4%
EBITDA Margin %	+6.7%	+6.1%	+8.1%	+7.1%	+10.0%
Net Margin %	+7.3%	+3.0%	+4.1%	+2.7%	+4.4%
Revenue & Income
Revenue	73.69M	75.31M	55.60M	54.32M	44.81M
Revenue Growth (YoY)	+32.5%	+38.6%	+24.1%	+13.9%	-6.2%
Interest & Investment Income	406.14K	—	711.15K	—	836.35K
Earnings From Equity Investments	3.18M	0.02M	0.53M	-0.25M	—
Gain (Loss) on Sale of Assets	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	68.08M	69.80M	51.20M	50.28M	40.60M
Selling, General & Admin	2.78M	3.42M	2.25M	2.89M	2.32M
Operating Expenses	2.94M	3.42M	2.41M	2.89M	2.48M
Other Operating Expenses	—	—	—	—	—
Interest Expense	-31.26K	-49.80K	-24.26K	-37.66K	-43.56K
Other Non Operating Income (Expenses)	-703.34K	254.78K	-879.74K	674.27K	-338.51K
Amortization of Goodwill & Intangibles	21.60K	—	18.68K	—	—
D&A For EBITDA	2.28M	2.50M	2.51M	2.69M	2.77M
Profitability & Returns
Gross Profit	5.61M	5.51M	4.40M	4.04M	4.21M
EBIT	2.67M	2.09M	1.99M	1.16M	1.73M
EBITDA	4.95M	4.59M	4.50M	3.85M	4.50M
EBT Excluding Unusual Items	5.52M	2.32M	2.33M	1.54M	2.19M
Pretax Income	5.52M	2.32M	2.33M	1.54M	2.19M
Operating Income	2.67M	2.09M	1.99M	1.16M	1.73M
Operating Margin	+3.6%	+2.8%	+3.6%	+2.1%	+3.9%
Profit Margin	+7.3%	+3.0%	+4.1%	+2.7%	+4.4%
Net Income	5.39M	2.25M	2.28M	1.49M	1.98M
Net Income to Common	5.39M	2.25M	2.28M	1.49M	1.98M
Net Income Growth	+136.9%	+50.6%	+14.7%	-16.2%	-15.9%
Income Tax Expense	126.93K	72.72K	51.27K	50.05K	201.78K
Per Share & Capital
EPS (Basic)	1.08	0.45	0.46	0.30	0.40
EPS (Diluted)	1.08	0.45	0.46	0.30	0.40
EPS Growth	+136.9%	+50.6%	+14.7%	-16.2%	-14.2%
Shares Change (YoY)	—	—	—	—	-0.02
Shares Outstanding (Basic)	5.00M	5.00M	5.00M	5.00M	5.00M
Shares Outstanding (Diluted)	5.00M	5.00M	5.00M	5.00M	5.00M
Free Cash Flow	4.66M	5.42M	3.56M	3.28M	-6.09M
Free Cash Flow Margin	+6.3%	+7.2%	+6.4%	+6.0%	-13.6%
Free Cash Flow Per Share	0.93	1.08	0.71	0.66	-1.22