Briclinks Africa Plc posted a turnover of NGN131.7 million in the first quarter of the 2025 financial year. This represented a year-over-year gain of 15.2%. Profit Before Tax rose by 37.9% despite a 13.6% rise in costs.Â
| Â | Jan-Mar 2025Â | Jan-Mar 2024Â | % Change |
| Turnover | 131,669,379.44 | 114,282,661 | 15.2% |
| Profit Before Tax | 10,582,272.03 | 7,673,617 | 37.9% |
| Profit After Tax | 10,582,272.03 | 7,673,617 | 37.9% |
- Rising debt obligations
Interest payable and similar charges rose from NGN25,745 in quarter 1, 2024 to N570,655 in the first quarter of 2025. The company’s short-term borrowing stood at NGN11.9 million (2024:NGN11.9 million).
- Over 900% rise in total assets
Total assets grew from NGN769.4 million to NGN8.2 billion between 2024 and 2025.
- Growing cash and cash equivalentsÂ
Cash and cash equivalents increased to NGN96.8 million in quarter 1 of 2025 compared to NGN6.4 million in the corresponding period of the previous year.
ABOUT BRICLINKS AFRICA PLC
Briclinks provides telecommunications services such as internet, messaging and voice services. The company was established in 2015 and its shares are traded on the Nigerian Stock Exchange.
