TIP

TIP.LG – Nigerian Stock Exchange

Business Description

Nigeria Environmental Services & Equipment

The Initiates Plc is a Nigeria-based company, which is engaged in waste management services, E-waste management services and industrial cleaning and decontamination services. Its segments are Industrial cleaning services and Waste management services. The Company offers services, including Consultancy Services, Industrial Cleaning, Treatment and Disposal of Waste, Construction and Operation of waste management facility, Thermal Desorption Services, Onsite Drilling Waste Management, Waste Incineration Services, E-Waste Processing Services, Decontamination Services, and Municipal Solid Waste Management Services. The Industrial cleaning services include pressure jetting systems, vacuum transfer systems, and automated tank cleaning systems. The Company provides solutions for waste types, including drill cuttings, oily sludge, and contaminated soil treatment. It also operates a material recovery facility and a wastewater facility. It designs, constructs, and operates portable plants.

Price History

Recent Reports

  • Sept. 30, 2025 THE INITIATES PLC- QUARTER 3 - FINANCIAL STATEMENT FOR 2025
  • July 25, 2025 THE INITIATES PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2025
  • March 31, 2025 Initiates PLC Interim Q1

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Financial Summary

(NGN) 31/12/2024
Total Revenue 4 663 474
EBITDA 2 073 375
EBIT 2 005 940
Net Income 1 379 684

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