eTranzact International Plc posts N1.9 billion loss in FY 2020.

eTranzact International Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N22.7 billion. (-9.8% YoY)
  • The cost of sales was N21.58 billion. (-6.9% YoY)
  • An operating loss of N2.14 billion was incurred.
  • Administrative expenses was N1.11 billion (+34.45% YoY)
  • A loss after tax of N1.9 billion was incurred.
  • Loss per share of 45 kobo.
  • No dividend announcement was made.

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