Legend Internet Plc Posts 5% Revenue Growth, Declares ₦0.06 Final Dividend For FY 2025

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    Legend Internet Plc Posts 5% Revenue Growth, Declares ₦0.06 Final Dividend For FY 2025

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    Legend Internet Plc reported a modest increase in revenue for the financial year ended 31 July 2025, as the company maintained earnings growth momentum in a challenging operating environment.

    The audited financial statements released to the market showed that revenue rose by 5 percent to ₦1.19 billion, compared with ₦1.14 billion recorded in 2024.

    The company’s performance reflected continued expansion in its digital services segment and improved operational efficiency during the period.

    Share capital remained unchanged at ₦1 billion, while total issued and fully paid shares stood at 2 billion units. Shareholders’ funds were stable year-on-year, underscoring a balanced capital structure and consistent equity base.

    The Board of Directors approved a final dividend of ₦0.06 per share for the 2025 financial year, representing a cash distribution of ₦120 million to shareholders.

    At the close of the financial year, Legend Internet Plc’s share price stood at ₦5.90 per share, translating to a market capitalisation of ₦11.8 billion on the Nigerian Exchange. The company maintained its issued share capital at 2 billion ordinary shares of ₦0.50 each.

    The results position Legend Internet Plc among the few technology-driven service providers to record year-on-year top-line growth in 2025, despite persistent macroeconomic pressures affecting consumer spending and financing costs.

    Investors will await full disclosure of operating profit and post-tax earnings figures when the company releases its detailed performance commentary to the Nigerian Exchange Limited (NGX) and the investing public.

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