Seplat Petroleum Development Company PLC Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2023
2023
2023
2022
2022
2022
2022
2021
2021
2021
2021
2020
2020
2020
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
1,061M
-7.20%
529M
532M
140M
64M
0M
249M
69M
191M
67M
83M
206.14%
669M
-60M
445M
167M
278M
1,144M
17.68%
546M
598M
914M
68M
0M
229M
71M
126M
15M
27M
3.92%
0M
-64M
0M
166M
0M
972M
-6.64%
505M
467M
786M
64M
0M
186M
69M
80M
-24M
26M
-74.89%
0M
-64M
0M
149M
0M
1,041M
9.37%
495M
546M
746M
45M
0M
295M
69M
207M
65M
104M
-0.61%
0M
-66M
0M
140M
0M
952M
6.77%
487M
465M
159M
45M
0M
275M
68M
204M
100M
105M
-30.73%
646M
-67M
440M
138M
275M
891M
-6.31%
469M
422M
572M
28M
0M
319M
66M
265M
109M
151M
-8.39%
0M
-66M
0M
148M
0M
951M
15.67%
481M
471M
568M
24M
0M
383M
65M
325M
161M
165M
34.57%
0M
-64M
0M
157M
0M
823M
12.19%
473M
350M
529M
19M
0M
294M
78M
233M
121M
123M
-13.52%
0M
-78M
0M
153M
0M
733M
21.58%
448M
285M
55M
19M
0M
251M
76M
177M
60M
142M
184.32%
503M
-76M
379M
151M
251M
603M
-0.44%
423M
180M
400M
22M
0M
203M
59M
147M
101M
50M
-22.35%
0M
-59M
0M
131M
0M
606M
9.64%
430M
176M
418M
7M
0M
188M
63M
127M
66M
64M
-4.78%
0M
-63M
0M
132M
0M
552M
4.14%
408M
144M
443M
6M
0M
109M
47M
44M
-3M
67M
-179.05%
0M
-47M
0M
140M
0M
530M
-10.19%
406M
125M
17M
16M
0M
109M
52M
-80M
5M
-85M
-349.84%
423M
-50M
246M
136M
109M
591M
2.50%
369M
222M
434M
8M
0M
157M
55M
-22M
-8M
34M
-52.83%
0M
-45M
0M
127M
0M
576M
-13.83%
350M
226M
387M
20M
0M
189M
46M
27M
-7M
72M
-47.45%
0M
-36M
0M
120M
0M
669M
-4.16%
321M
347M
344M
22M
0M
325M
39M
178M
53M
138M
-50.26%
0M
-27M
0M
103M
0M
698M
-6.48%
302M
396M
74M
20M
0M
312M
34M
293M
29M
277M
88.99%
376M
-20M
436M
97M
312M
746M
65.01%
358M
388M
63M
26M
0M
325M
56M
263M
117M
147M
-44.74%
421M
-47M
442M
122M
320M
452M
77.87%
244M
208M
78M
43M
0M
130M
0M
44M
-221M
265M
-261.15%
322M
-68M
203M
86M
117M
254M
-55.44%
188M
66M
108M
75M
0M
-42M
0M
-173M
-7M
-165M
-350.87%
296M
-15M
-92M
0M
-97M
570M
-26.39%
327M
243M
116M
72M
0M
127M
0M
87M
0M
66M
-73.99%
443M
0M
176M
0M
171M
775M
-11.95%
320M
455M
121M
86M
0M
334M
0M
252M
0M
252M
-54.16%
441M
0M
338M
0M
334M
880M
40.94%
334M
546M
69M
47M
0M
478M
0M
458M
0M
550M
404.37%
403M
0M
482M
0M
479M
625M
38.38%
252M
372M
44M
29M
0M
328M
0M
296M
0M
109M
104.21%
296M
0M
334M
0M
332M
451M
-
208M
244M
55M
42M
0M
188M
0M
154M
0M
53M
104.21%
263M
0M
181M
0M
179M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
251M
-24.70%
135M
116M
-89M
22M
0M
95M
15M
85M
40M
43M
38.34%
46M
-12M
156M
44M
112M
263M
187.59%
123M
140M
106M
12M
0M
36M
17M
21M
24M
-3M
-67.84%
229M
-15M
80M
38M
42M
216M
-24.25%
138M
78M
28M
27M
0M
15M
18M
-1M
-26M
-15M
-123.11%
166M
-15M
65M
47M
18M
331M
36.86%
133M
198M
96M
4M
0M
104M
19M
86M
29M
58M
252.72%
228M
-18M
144M
38M
104M
333M
22.12%
152M
181M
139M
25M
0M
39M
17M
19M
-12M
31M
-59.13%
291M
-16M
75M
43M
39M
92M
-39.59%
82M
9M
18M
8M
0M
-8M
15M
-25M
-15M
-9M
-148.61%
101M
-15M
12M
20M
-8M
285M
82.44%
128M
157M
-2M
8M
0M
143M
17M
126M
63M
63M
202.61%
126M
-17M
211M
39M
143M
242M
58.64%
124M
117M
4M
4M
0M
102M
19M
83M
64M
16M
-53.76%
129M
-19M
134M
36M
102M
273M
91.20%
134M
139M
83M
7M
0M
55M
15M
80M
-2M
75M
-557.48%
217M
-15M
142M
53M
88M
152M
-1.71%
94M
58M
2M
3M
0M
55M
14M
35M
36M
19M
39.90%
96M
-14M
98M
29M
69M
156M
51.69%
120M
36M
-34M
7M
0M
70M
31M
34M
23M
21M
-516.05%
87M
-31M
110M
36M
74M
152M
16.82%
102M
51M
1M
3M
0M
49M
17M
28M
3M
36M
-133.46%
103M
-17M
89M
33M
56M
143M
-29.67%
111M
32M
3M
13M
0M
29M
2M
50M
39M
-16M
-117.84%
114M
2M
54M
33M
20M
154M
10.32%
103M
51M
11M
13M
0M
39M
17M
15M
1M
14M
-77.89%
115M
-17M
62M
30M
33M
103M
-47.30%
101M
2M
11M
4M
0M
-9M
15M
-50M
-46M
-5M
-105.62%
112M
-15M
8M
43M
-36M
130M
-18.19%
99M
31M
-17M
12M
0M
48M
21M
-96M
11M
-107M
-426.08%
83M
-20M
-72M
30M
-74M
203M
13.87%
73M
129M
52M
0M
0M
78M
1M
108M
26M
92M
67.65%
125M
7M
121M
2M
119M
140M
-37.95%
84M
56M
-16M
3M
0M
72M
8M
65M
2M
63M
46.04%
68M
-8M
74M
1M
73M
196M
20.66%
72M
124M
-3M
5M
0M
127M
9M
101M
15M
90M
219.87%
68M
-6M
114M
1M
113M
160M
-11.67%
79M
80M
35M
8M
0M
45M
16M
19M
-13M
33M
58.95%
114M
-13M
36M
1M
35M
178M
2.63%
93M
85M
31M
7M
0M
54M
2M
51M
0M
55M
-79.62%
124M
0M
50M
1M
49M
225M
53.52%
93M
132M
25M
4M
0M
107M
17M
91M
0M
43M
92.59%
118M
0M
109M
1M
108M
162M
91.79%
83M
80M
1M
9M
0M
78M
15M
62M
0M
28M
-431.76%
84M
0M
79M
2M
78M
181M
281.80%
89M
92M
7M
5M
0M
85M
26M
59M
0M
21M
-207.42%
95M
0M
86M
1M
85M
174M
236.94%
87M
87M
25M
12M
0M
62M
15M
46M
0M
271M
-495.96%
112M
0M
91M
29M
62M
147M
145.95%
77M
70M
24M
17M
0M
46M
18M
24M
0M
22M
-165.99%
101M
0M
68M
26M
42M
85M
21.42%
51M
33M
18M
11M
0M
15M
17M
-8M
0M
-8M
-80.69%
70M
0M
28M
19M
9M
47M
-43.30%
29M
18M
16M
8M
0M
2M
17M
-18M
0M
-19M
-15.11%
45M
0M
11M
12M
-1M
52M
-65.79%
55M
-4M
54M
43M
0M
-58M
16M
-85M
0M
-68M
2,124.68%
109M
0M
-57M
13M
-69M
60M
-65.37%
46M
13M
18M
11M
0M
-4M
17M
-30M
0M
-34M
-218.66%
64M
0M
5M
16M
-11M
70M
-40.23%
31M
38M
27M
20M
0M
12M
19M
-43M
0M
-44M
-364.64%
58M
0M
-28M
0M
0M
83M
-36.38%
55M
28M
20M
12M
0M
8M
23M
-15M
0M
-23M
-190.28%
75M
0M
8M
0M
0M
151M
-17.50%
95M
55M
36M
11M
0M
20M
22M
19M
0M
-3M
-112.63%
131M
0M
42M
1M
40M
172M
-15.67%
90M
82M
32M
25M
0M
50M
22M
27M
0M
28M
-60.46%
122M
0M
50M
0M
0M
116M
-51.87%
82M
35M
21M
14M
0M
14M
22M
17M
0M
17M
-84.90%
103M
0M
15M
1M
14M
131M
-10.32%
60M
71M
27M
21M
0M
44M
18M
25M
0M
25M
-46.49%
87M
0M
44M
1M
43M
183M
-23.07%
76M
106M
12M
0M
0M
94M
16M
24M
0M
24M
-77.49%
88M
0M
96M
1M
94M
204M
-8.63%
101M
104M
28M
19M
0M
76M
12M
72M
0M
72M
-48.21%
128M
0M
77M
1M
76M
242M
-
89M
153M
44M
36M
0M
109M
12M
109M
0M
109M
-48.21%
133M
0M
110M
1M
109M
146M
-
54M
92M
38M
31M
0M
55M
10M
47M
0M
47M
-48.21%
92M
0M
56M
1M
55M
237M
-
96M
142M
27M
17M
0M
115M
8M
108M
0M
108M
-48.21%
122M
0M
116M
1M
115M
224M
-
68M
156M
14M
11M
0M
141M
4M
139M
0M
139M
-48.21%
82M
0M
143M
1M
142M