eTranzact Soars: Notches 88.2% YoY Revenue Surge in Q3 2023 (

eTranzact Soars: Notches 88.2% YoY Revenue Surge in Q3 2023


In its financial report covering the nine months ending September 2023, eTranzact disclosed that the Q3 2023 revenue contributed to a cumulative nine-month revenue of N25.7 billion. This nine-month figure represents a substantial year-on-year growth of 60.2% from the same period in 2022.

– **Revenue**: The company’s revenue for Q3 2023 reached N8.3 billion, demonstrating an outstanding 88.2% year-on-year growth.

In conclusion, eTranzact’s financial performance in Q3 2023 reflects resilience and strategic management, positioning the company for sustained growth. The ability to navigate challenges, coupled with the commendable growth in revenue and profitability, indicates a positive trajectory for eTranzact in the dynamic business landscape.

Let’s delve into key financial indicators for a detailed analysis of eTranzact’s performance in Q3 2023 compared to Q3 2022:

– **Profit Before Tax**: The pre-tax profit for Q3 2023 stood at N729 million, marking a notable 21.1% year-on-year growth.

Make your voice heard by commenting on this important issue.


712 Points

What do you think?

712 Points

Leave a Reply