Tantalizers Plc has announced a robust financial performance for the year ended December 2025, marking a significant rebound with a pretax profit of N83.6 million. This represents a substantial recovery from the N259.5 million loss recorded in the previous year, 2024.
Key Highlights
- Tantalizers Plc achieved a pretax profit of N83.6 million for the year ended December 2025, a reversal from a N259.5 million loss in 2024.
- Net revenue saw an increase to N1.29 billion in 2025, up from N1.19 billion in 2024, driven by steady sales growth.
- Total assets surged to N13.3 billion, a 353.5% increase, primarily due to the N7.5 billion contribution from its entertainment subsidiary, Taintainment Ltd.
- Total equity rose to N4.7 billion in 2025 from N1.17 billion in 2024.
- The company's stock has performed strongly, up 68% year-to-date as of March 3, 2026, trading at N4.20 per share.
The company's net revenue remained resilient, growing to N1.29 billion in 2025, an improvement from N1.19 billion in 2024. This growth was underpinned by consistent sales performance across its core restaurant operations. Beyond revenue, Tantalizers benefited from higher other income and reduced administrative expenses, contributing to its positive bottom line and reflecting improved operational efficiency.
Total assets experienced a dramatic increase, jumping to N13.3 billion, which is a 353.5% rise. This significant expansion was largely driven by the company's entertainment subsidiary, Taintainment Ltd, which now stands as Tantalizers' largest asset with a valuation of N7.5 billion.
Tantalizers reported total system revenue of N2.9 billion for the 2025 financial year. This translates to a net revenue growth of 7.7% year-on-year, amounting to N1.2 billion. The company also saw a net finance cost of N58.3 million, which supported the return to profitability, culminating in the N83.6 million pretax profit, a stark contrast to the N259.5 million loss in 2024.
On the balance sheet, total equity saw a substantial rise to N4.7 billion, up from N1.17 billion in 2024. Conversely, total liabilities climbed to N8.6 billion from N1.5 billion previously, with lease payables of N7.1 billion forming the majority of these liabilities.
The market's reaction to Tantalizers' audited financial statements is still unfolding. However, the company's stock has already demonstrated considerable strength, registering a 68% increase year-to-date as of the trading session on March 3, 2026. The shares are currently priced at N4.20, with anticipation of further investor response in the upcoming trading sessions.
The report was authored by Izuchukwu Okoye, a financial market writer and trader with extensive expertise in both Nigerian and international markets.