eTranzact International Plc, a Nigerian payments and switching company, expects its profit to grow by at least 26.03% to ₦4.28 billion ($2.98 million) in 2025, despite an anticipated 5.34% decline in revenue to ₦28.30 billion ($19.69 million) from ₦29.89 billion ($20.80 million).
During the first nine months of 2025, the company’s revenue fell 8.26% to ₦20.11 billion ($13.99 million), while profit after tax rose 12.45% to ₦2.41 billion ($1.68 million). For Q4 2025, eTranzact projects ₦8.19 billion ($5.69 million) in revenue and ₦1.87 billion ($1.30 million) in profit after tax, bringing the annualised figure to ₦28.30 billion ($19.69 million) and ₦4.28 billion ($2.98 million), respectively.
The company disclosed this in its Q4 2025 earnings forecast and unaudited financial statements for the nine months ending September 2025. The projection reflects eTranzact’s shift from airtime sales, historically one of its largest but lowest-margin revenue lines. Airtime aggregation contributed ₦16.83 billion ($11.71 million), or 56.29% of total revenue, in 2024.
“Over the years, a significant part of our revenue has always been value-added services, such as airtime. This is very low margin,” a company spokesperson told TechCabal. “Right now, we are concentrating on high-margin revenue lines, which make up the bulk of what we have in our revenue. That is why it appears there is a drop in revenue and cost of sales.”
