AFRICA GLOBAL LOGISTICS (AGL) CÔTE D'IVOIRE S.A.

Income Statement Africa Global Logistics (AGL) Côte d'Ivoire S.A.

Stocks

SDSC

CI0000000261

Marine Freight & Logistics

End-of-day quote BRVM - Abidjan 2026-09-15			5-day change	1st Jan Change
3,000.00 ^XOF	-2.91%		-3.54%	+98.02%

08-02	Africa Global Logistics Côte d'Ivoire S.A. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
11-10	Africa Global Logistics Côte d'Ivoire S.A. Reports Earnings Results for the Half Year Ended June 30, 2025	CI

788641364a5ccd0e.T4vmiqF6BraUtG1Hxz4u4W91Q0EYi0u0t7Xs1mugi0g.JNyJ0PMASYb60SBqlFgYpDk3Nxh2_y7O9tiYrA3_0ioY04Dc7ABQ_8bTLA

Published financial data: AFRICA GLOBAL LOGISTICS (AGL) CÔTE D'IVOIRE S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2014 (XOF)	2019 (XOF)	2020 (XOF)
Revenues	81.6B	88.96B	84.97B
Other Revenues, Total	55.99M	-	-
Total Revenues	81.65B	88.96B	84.97B
Cost of Goods Sold, Total	35.75B	72.81B	69.99B
Gross Profit	45.91B	16.15B	14.98B
Selling General & Admin Expenses, Total	30.14B	-	-
Depreciation & Amortization - (IS)	-	7.17B	8.03B
Amortization of Goodwill and Intangible Assets - (IS)	6.97B	-	-
Other Operating Expenses	5.5B	3.41B	2.35B
Other Operating Expenses, Total	42.61B	10.58B	10.38B
Operating Income	3.29B	5.57B	4.6B
Interest Expense, Total	-498M	-1.93B	-1.99B
Interest And Investment Income	299M	135M	360M
Net Interest Expenses	-199M	-1.8B	-1.63B
Income (Loss) On Equity Invest.	8.66B	14.69B	15.78B
Currency Exchange Gains (Loss)	-87K	-	-
Other Non Operating Income (Expenses)	128M	-169M	-67M
EBT, Excl. Unusual Items	11.89B	18.3B	18.69B
Gain (Loss) On Sale Of Investments	-	34M	65M
Gain (Loss) On Sale Of Assets	84.86M	-130M	95M
Other Unusual Items	204M	-	-
EBT, Incl. Unusual Items	12.18B	18.2B	18.85B
Income Tax Expense	1.66B	7.18B	4.35B
Earnings From Continuing Operations	10.52B	11.02B	14.5B
Net Income to Company	10.52B	11.02B	14.5B
Minority Interest	-73.7M	5M	-3M
Net Income - (IS)	10.44B	11.03B	14.5B
Net Income to Common Incl Extra Items	10.44B	11.03B	14.5B
Net Income to Common Excl. Extra Items	10.44B	11.03B	14.5B
Per Share Items
Net EPS - Basic	-	202.63	266.46
Basic EPS - Continuing Operations	-	202.63	266.46
Basic Weighted Average Shares Outstanding	-	54.44M	54.42M
Net EPS - Diluted	-	202.6	266.46
Diluted EPS - Continuing Operations	-	202.6	266.46
Diluted Weighted Average Shares Outstanding	-	54.44M	54.42M
Normalized Basic EPS	-	210.18	214.62
Normalized Diluted EPS	-	210.18	214.62
Dividend Per Share	119.02	100	100
Payout Ratio	-	91.31	35.85
Supplemental Items
EBITDA	10.26B	11.45B	10.82B
EBITA	3.29B	5.57B	4.64B
EBIT	3.29B	5.57B	4.6B
EBITDAR	-	16.01B	14.84B
Total Revenues (As Reported)	83.26B	-	-
Effective Tax Rate - (Ratio)	13.61	39.43	23.06
Total Current Taxes	1.95B	5.11B	4.58B
Total Deferred Taxes	-294M	-137M	-234M
Normalized Net Income	7.36B	11.44B	11.68B
Interest on Long-Term Debt	-	1.09B	1.09B
Non-Cash Pension Expense	-	111M	41M
Supplemental Operating Expense Items
Net Rental Expense, Total	-	4.55B	4.02B
Imputed Operating Lease Interest Expense	-	8.28B	3.17B
Imputed Operating Lease Depreciation	-	-3.72B	848M

Fiscal Period: December	2014 (XOF)	2019 (XOF)	2020 (XOF)
Assets
Cash And Equivalents	4.21B	39.15B	53.53B
Total Cash And Short Term Investments	4.21B	39.15B	53.53B
Accounts Receivable, Total	29.5B	36.71B	36.42B
Other Receivables	41.87B	10.09B	7.9B
Total Receivables	71.37B	46.8B	44.32B
Inventory	1.74B	1.48B	1.4B
Prepaid Expenses	-	1.14B	1.52B
Other Current Assets, Total	1.73B	-	1M
Total Current Assets	79.04B	88.57B	101B
Gross Property Plant And Equipment	96.83B	149B	150B
Accumulated Depreciation	-71.5B	-87.45B	-92.07B
Net Property Plant And Equipment	25.33B	61.44B	57.9B
Long-term Investments	25B	38.31B	40.6B
Goodwill	358M	-	-
Other Intangibles, Total	659K	160M	134M
Deferred Tax Assets Long-Term	2.64B	970M	1.04B
Other Long-Term Assets, Total	282M	167M	246M
Total Assets	133B	190B	201B
Liabilities
Accounts Payable, Total	21.18B	36.22B	35.67B
Accrued Expenses, Total	1.35B	3.06B	2.89B
Short-term Borrowings	7.89B	1.9B	11.23B
Current Portion of Leases	-	2.02B	1.95B
Current Income Taxes Payable	3.31B	4.28B	4.34B
Other Current Liabilities	32.12B	42.61B	36.87B
Total Current Liabilities	65.85B	90.1B	92.94B
Long-Term Debt	38.08M	274M	353M
Long-Term Leases	-	11.52B	11.06B
Pension & Other Post Retirement Benefits	-	13.76B	13.25B
Deferred Tax Liability Non Current	252M	-	-
Other Non Current Liabilities	8.91B	2.42B	1.89B
Total Liabilities	75.05B	118B	119B
Common Stock, Total	10.89B	10.89B	10.89B
Additional Paid In Capital	9.82B	1.85B	1.85B
Retained Earnings	10.25B	-	-
Treasury Stock	-	-	-19M
Comprehensive Income and Other	26.43B	58.8B	68.46B
Total Common Equity	57.38B	71.54B	81.19B
Minority Interest	234M	4M	9M
Total Equity	57.62B	71.54B	81.2B
Total Liabilities And Equity	133B	190B	201B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	54.44M	54.42M
ECS Total Common Shares Outstanding	-	-	54.42M
Book Value / Share	-	1.31K	1.49K
Tangible Book Value	57.02B	71.38B	81.05B
Tangible Book Value Per Share	-	1.31K	1.49K
Total Debt	7.93B	15.72B	24.59B
Net Debt	3.72B	-23.42B	-28.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	13.76B	13.25B
Debt Equivalent Oper. Leases	-	36.43B	32.16B
Minority Interest, Total (Incl. Fin. Div)	234M	4M	9M
Equity Method Investments, Total	-	35.98B	38.43B
Account Code - Inventory Valuation	3	-	3
Inventories - Raw Materials, Total	2.28B	-	-
Inventories - Finished Goods, Total	16.04M	-	-
Inventories - Others	-	2.18B	2.04B
Land - (BS)	640M	3.7B	3.7B
Buildings, Total	34.86B	58.84B	59.73B
Machinery, Total	61.33B	31.6B	32.79B
Full Time Employees	-	-	1.54K
Accumulated Allowance for Doubtful Accounts (Supple)	3.27B	3.75B	3.75B

Fiscal Period: December	2014 (XOF)	2019 (XOF)	2020 (XOF)
Net Income	10.44B	11.03B	14.5B
Depreciation & Amortization - CF	6.97B	7.79B	8.11B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	36M
Depreciation & Amortization, Total	6.97B	7.79B	8.14B
Minority Interest in Earnings - (CF)	-	-5M	3M
(Gain) Loss From Sale Of Asset	-	130M	-96M
Other Operating Activities, Total	-20.93B	2.82B	1.1B
Change In Accounts Receivable	893M	2.08B	2.81B
Change In Inventories	502M	9M	81M
Change In Accounts Payable	595M	-	-
Change In Income Taxes	893M	-	-
Change in Other Net Operating Assets	1.54B	-3.25B	-7.36B
Cash from Operations	905M	20.61B	19.18B
Capital Expenditure	-8.88B	-7.48B	-3.92B
Sale of Property, Plant, and Equipment	107M	22M	67M
Sale (Purchase) of Intangible assets	-961K	-48M	-10M
Investment in Marketable and Equity Securities, Total	-175M	106M	161M
Other Investing Activities, Total	-	-	-55M
Cash from Investing	-8.94B	-7.4B	-3.76B
Long-Term Debt Issued, Total	2.2M	127M	95M
Total Debt Issued	2.2M	127M	95M
Long-Term Debt Repaid, Total	-39.19M	-2.14B	-1.61B
Total Debt Repaid	-39.19M	-2.14B	-1.61B
Common Dividends Paid	-	-10.07B	-5.2B
Common & Preferred Stock Dividends Paid	-	-10.07B	-5.2B
Other Financing Activities, Total	4.51B	-3.25B	-3.66B
Cash from Financing	4.47B	-15.33B	-10.37B
Miscellaneous Cash Flow Adjustments	-1K	1M	1M
Net Change in Cash	-3.57B	-2.12B	5.06B
Supplemental Items
Cash Interest Paid	498M	-	-
Cash Income Tax Paid (Refund)	1.66B	4.67B	2.5B
Levered Free Cash Flow	4.47B	39.77B	1.62B
Unlevered Free Cash Flow	4.78B	40.97B	2.86B
Change In Net Working Capital	-4.63B	-37.23B	4.23B
Net Debt Issued / Repaid	-36.99M	-2.01B	-1.51B

Fiscal Period: December	2014 (XOF)	2019 (XOF)	2020 (XOF)
Profitability
Return on Assets	1.6	1.98	1.47
Return on Total Capital	3.2	4.4	2.98
Return On Equity %	17.92	15.62	18.99
Return on Common Equity	17.86	15.63	18.99
Margin Analysis
Gross Profit Margin %	56.22	18.15	17.63
SG&A Margin	36.92	-	-
EBITDA Margin %	12.57	12.87	12.74
EBITA Margin %	4.03	6.26	5.46
EBIT Margin %	4.03	6.26	5.42
Income From Continuing Operations Margin %	12.88	12.39	17.07
Net Income Margin %	12.79	12.4	17.07
Net Avail. For Common Margin %	12.79	12.4	17.07
Normalized Net Income Margin	9.01	12.86	13.74
Levered Free Cash Flow Margin	5.47	44.7	1.91
Unlevered Free Cash Flow Margin	5.86	46.06	3.37
Asset Turnover
Asset Turnover	0.63	0.51	0.44
Fixed Assets Turnover	3.44	1.96	1.42
Receivables Turnover (Average Receivables)	2.81	2.4	2.32
Inventory Turnover (Average Inventory)	22.25	37.5	48.69
Short Term Liquidity
Current Ratio	1.2	0.98	1.08
Quick Ratio	1.15	0.95	1.05
Operating Cash Flow to Current Liabilities	0.01	0.23	0.21
Days Sales Outstanding (Average Receivables)	129.96	151.96	157.48
Days Outstanding Inventory (Average Inventory)	16.41	9.73	7.52
Average Days Payable Outstanding	217.65	179.14	188.19
Cash Conversion Cycle (Average Days)	-71.28	-17.45	-23.19
Long Term Solvency
Total Debt/Equity	13.76	21.98	30.28
Total Debt / Total Capital	12.1	18.02	23.24
LT Debt/Equity	0.07	16.49	14.05
Long-Term Debt / Total Capital	0.06	13.52	10.78
Total Liabilities / Total Assets	56.57	62.27	59.54
EBIT / Interest Expense	6.61	2.88	2.32
EBITDA / Interest Expense	20.59	6.92	6.41
(EBITDA - Capex) / Interest Expense	2.78	3.04	4.44
Total Debt / EBITDA	0.77	1.18	1.93
Net Debt / EBITDA	0.36	-1.75	-2.27
Total Debt / (EBITDA - Capex)	5.71	2.68	2.79
Net Debt / (EBITDA - Capex)	2.68	-3.99	-3.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.26	-6.86	-4.48
Gross Profit, 1 Yr. Growth %	-2.36	12.51	-7.2
EBITDA, 1 Yr. Growth %	-33.01	4.05	-5.49
EBITA, 1 Yr. Growth %	-65.6	11.53	-16.66
EBIT, 1 Yr. Growth %	-65.6	11.53	-17.31
Earnings From Cont. Operations, 1 Yr. Growth %	-19.72	-29.05	31.56
Net Income, 1 Yr. Growth %	-20.17	-29.21	31.47
Normalized Net Income, 1 Yr. Growth %	-29.73	2.83	2.08
Diluted EPS Before Extra, 1 Yr. Growth %	-	-28.91	31.52
Accounts Receivable, 1 Yr. Growth %	3.12	-1.75	-0.8
Inventory, 1 Yr. Growth %	18.61	-38.54	-5.48
Net Property, Plant and Equip., 1 Yr. Growth %	14.37	109.44	-5.78
Total Assets, 1 Yr. Growth %	6.36	17.67	5.84
Tangible Book Value, 1 Yr. Growth %	-3.71	4.42	13.55
Common Equity, 1 Yr. Growth %	-3.69	2.83	13.48
Cash From Operations, 1 Yr. Growth %	-90.47	63.91	-6.91
Capital Expenditures, 1 Yr. Growth %	15.57	-33.62	-47.58
Levered Free Cash Flow, 1 Yr. Growth %	-83.85	-679.06	-95.92
Unlevered Free Cash Flow, 1 Yr. Growth %	-82.99	-743.81	-93.01
Dividend Per Share, 1 Yr. Growth %	-	-45.95	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.91	-0.97	-5.68
Gross Profit, 2 Yr. CAGR %	131.3	-6.86	2.18
EBITDA, 2 Yr. CAGR %	-9.26	-16.47	-0.83
EBITA, 2 Yr. CAGR %	-38.05	-16.9	-3.59
EBIT, 2 Yr. CAGR %	-38.05	-16.9	-3.97
Earnings From Cont. Operations, 2 Yr. CAGR %	13.17	-8.41	-3.39
Net Income, 2 Yr. CAGR %	12.77	-8.39	-3.53
Normalized Net Income, 2 Yr. CAGR %	0	6.53	2.46
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-3.31
Accounts Receivable, 2 Yr. CAGR %	10.04	-31.91	-1.28
Inventory, 2 Yr. CAGR %	39.57	-3.51	-23.78
Net Property, Plant and Equip., 2 Yr. CAGR %	11.59	48.06	40.48
Total Assets, 2 Yr. CAGR %	17.38	23.62	11.6
Tangible Book Value, 2 Yr. CAGR %	24.93	53.31	8.89
Common Equity, 2 Yr. CAGR %	24.88	52.84	8.02
Cash From Operations, 2 Yr. CAGR %	-72.7	732.98	23.53
Capital Expenditures, 2 Yr. CAGR %	-	8.14	-41.01
Levered Free Cash Flow, 2 Yr. CAGR %	3.84	141.39	-51.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.39	137.07	-32.91
Dividend Per Share, 2 Yr. CAGR %	-0.62	-	-26.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	13.27	1.23	-2.15
Gross Profit, 3 Yr. CAGR %	238.46	1.64	-6.98
EBITDA, 3 Yr. CAGR %	20.07	-7.07	-12.96
EBITA, 3 Yr. CAGR %	40.63	-3.79	-16.82
EBIT, 3 Yr. CAGR %	40.63	-3.79	-17.03
Earnings From Cont. Operations, 3 Yr. CAGR %	67.35	2.89	3.34
Net Income, 3 Yr. CAGR %	66.96	2.9	3.33
Normalized Net Income, 3 Yr. CAGR %	76.73	12.75	5.03
Accounts Receivable, 3 Yr. CAGR %	3.63	-18.42	-22.81
Inventory, 3 Yr. CAGR %	36.27	3.23	-4.17
Net Property, Plant and Equip., 3 Yr. CAGR %	4.74	28.59	27.35
Total Assets, 3 Yr. CAGR %	10.16	19.72	17.38
Tangible Book Value, 3 Yr. CAGR %	19.31	37.81	38.71
Common Equity, 3 Yr. CAGR %	19.24	37.48	38.4
Cash From Operations, 3 Yr. CAGR %	-46.91	26.55	301.23
Capital Expenditures, 3 Yr. CAGR %	-	-1.28	-15.05
Levered Free Cash Flow, 3 Yr. CAGR %	-51.48	42.77	-38.06
Unlevered Free Cash Flow, 3 Yr. CAGR %	-50.38	41.97	-26.76
Dividend Per Share, 3 Yr. CAGR %	7.28	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.15	1.73	0.31
Gross Profit, 5 Yr. CAGR %	32.14	-18.86	0.95
EBITDA, 5 Yr. CAGR %	-6.31	2.22	-2.27
EBITA, 5 Yr. CAGR %	-10.43	11.08	4.64
EBIT, 5 Yr. CAGR %	-10.43	11.08	4.48
Earnings From Cont. Operations, 5 Yr. CAGR %	4.99	0.95	14.63
Net Income, 5 Yr. CAGR %	4.88	1.1	14.62
Normalized Net Income, 5 Yr. CAGR %	3.94	9.24	14.54
Accounts Receivable, 5 Yr. CAGR %	-3.67	4.47	-11.7
Inventory, 5 Yr. CAGR %	8.55	-3.25	0.08
Net Property, Plant and Equip., 5 Yr. CAGR %	-3.92	19.39	16.72
Total Assets, 5 Yr. CAGR %	2.09	7.41	13.67
Tangible Book Value, 5 Yr. CAGR %	1.74	4.59	23.64
Common Equity, 5 Yr. CAGR %	1.72	4.51	23.46
Cash From Operations, 5 Yr. CAGR %	-35.07	86.83	13.47
Capital Expenditures, 5 Yr. CAGR %	15.44	-3.36	-14.43
Levered Free Cash Flow, 5 Yr. CAGR %	-29.89	54.82	-32.79
Unlevered Free Cash Flow, 5 Yr. CAGR %	-29.08	53.67	-25.33
Dividend Per Share, 5 Yr. CAGR %	-	-3.42	-