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| ₦ billion | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 51.6 | 66.1 | 221.1 | 581.2 | 699.4 |
| Gross Profit | 15.6 | 42.3 | 142.3 | 356.5 | 308.2 |
| Operating Profit | 12.0 | 29.3 | 114.1 | 291.4 | 733.6 |
| EBITDA | 31.3 | 41.2 | 129.3 | 372.0 | 815.0 |
| Net Finance (Cost)/Income | -1.6 | -1.5 | -5.1 | -6.2 | -8.1 |
| Profit/(Loss) Before Tax | 20.2 | 33.3 | 112.2 | 316.8 | 835.0 |
| Profit/(Loss) After Tax | 29.4 | 15.1 | 53.7 | 259.1 | 757.3 |
| ₦ billion | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Crude Oil Sale Revenue | 35.6 | 13.7 | 108.4 | 373.7 | 440.1 |
| Gas Sale Revenue | 5.3 | 5.2 | 10.2 | 28.2 | 48.6 |
| Refinery Production Revenue | 10.7 | 47.2 | 102.5 | 179.3 | 210.8 |
| Total | 51.6 | 66.1 | 221.1 | 581.2 | 699.5 |
| ₦ billion | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Assets | 377.4 | 473.4 | 923.4 | 1,749.8 | 9,896.1 |
| Non Current Assets | 340.8 | 371.7 | 658.9 | 1,211.1 | 6,504.3 |
| Current Assets | 36.6 | 101.7 | 264.5 | 538.7 | 3,391.8 |
| Total Shareholders' Equity & Liabilities | 377.4 | 473.4 | 923.4 | 1,749.8 | 9,896.1 |
| Total Shareholder Equity | 291.2 | 326.8 | 704.6 | 1,404.1 | 2,148.3 |
| Non Current Liabilities | 58.7 | 100.5 | 127.9 | 131.2 | 3,170.1 |
| Current Liabilities | 27.5 | 46.1 | 90.9 | 214.4 | 4,577.7 |
| ₦ billion | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Cash Flow from Operating Activities | 34.6 | 34.6 | 139.0 | 311.9 | 179.7 |
| Net Cash Flow (used in)/ from Investing Activities | -15.3 | -9.6 | -45.1 | -128.7 | 708.9 |
| Net Cash Flow from/ (used in) Financing Activities | -11.9 | 23.7 | -49.7 | -113.8 | 219.6 |
| Increase/(Decrease) in Cash and Cash Equivalents | 7.4 | 46.6 | 44.3 | 69.3 | 1,108.2 |
| Cash and Cash Equivalents at the End of the Year | 12.8 | 60.7 | 183.0 | 411.8 | 1,504.7 |
Lagos, Nigeria – 22 June 2026: Aradel Holdings Plc (“Aradel”, “Aradel Holdings”, “the Company” or “the Group”), Nigeria’s leading integrated indigenous energy…
Lagos, Nigeria – 19 June 2026: Aradel Holdings Plc (“Aradel”, “Aradel Holdings”, “the Company” or “the Group”), Nigeria’s leading integrated indigenous energy…
Aradel Holdings Plc (“Aradel Holdings” or the “Company”) hereby notifies the investing public and its shareholders that it will be unable to…
Lagos, Nigeria: 3 February 2026 Aradel Holdings Plc reports strong Full Year Unaudited 2025 results with 55% Profit after Tax growth, underpinned…
Aradel Holdings Plc (“Aradel” or the “Company”) has announced the appointment of Ms. Nnoli Akpedeye to its Board as an Independent Non-Executive…
Lagos, Nigeria – 31 December 2025 Aradel Holdings Plc (“Aradel” or the “Company”), a leading indigenous integrated energy company, announces that its…
Lagos, Nigeria – 30th October 2025 Aradel Holdings Plc (“Aradel”, “Aradel Holdings”, or “the Group”), Nigeria’s leading integrated indigenous energy Company, listed…
Lagos, Nigeria: 30 October 2025 Aradel Holdings Plc delivers strong and consistent 9M, 2025 results, declares interim dividend of ₦10.00, reinforcing growth…
