eTranzact International Plc Reports 18% Profit Growth in Q2 2025 as Revenue Tops ₦13.28 Billion

eTranzact International Plc has announced its unaudited results for the second quarter ended June 30, 2025, posting an improvement in profitability on the back of higher gross earnings and cost efficiencies.

According to the company’s financial statement obtained by Investors King, profit for the period rose to ₦1.51 billion, representing an 18 percent increase compared to ₦1.28 billion in the corresponding period of 2024.

Earnings Performance

• Revenue: ₦13.28 billion in H1 2025, down slightly from ₦14.04 billion in H1 2024.

• Gross Profit: ₦6.44 billion, up 40 percent from ₦4.62 billion in the prior year period, reflecting improved cost management despite a dip in topline revenue.

• Operating Profit: ₦2.07 billion, a 20 percent increase from ₦1.72 billion in H1 2024.

• Profit Before Tax (PBT): ₦2.16 billion, up from ₦1.83 billion in H1 2024.

• Profit After Tax (PAT): ₦1.51 billion, compared to ₦1.28 billion in the same period last year.

For the quarter under review (April – June 2025), the company recorded:

• Revenue: ₦6.76 billion (Q2 2024: ₦6.99 billion).

• Gross Profit: ₦3.22 billion (Q2 2024: ₦2.63 billion).

• PAT: ₦695.24 million (Q2 2024: ₦750.00 million).

Cost and Operational Efficiency

The company recorded a decline in selling and marketing costs to ₦427.57 million from ₦171.28 million in H1 2024, reflecting expanded commercial activities.

Administrative expenses increased to ₦3.94 billion compared with ₦2.72 billion in the prior year, largely due to inflationary pressures and technology investments.

Analyst View

The results highlight eTranzact’s ability to sustain profitability despite a marginal decline in revenue, with improved gross margins offsetting cost pressures.

The company’s continued investment in digital infrastructure and product innovation is expected to support future earnings growth.

Outlook

Analysts expect the fintech firm to benefit from Nigeria’s accelerating shift toward electronic payments, driven by rising cashless adoption and regulatory support for digital finance solutions. With H1 2025 profits trending upward, the company remains well-positioned to consolidate its market share in the e-payments sector.