Legend Internet Plc Reports 44.5% Profit Surge, Eyes Market Expansion

Legend Internet Plc has reported a significant 44.5% increase in profit after tax for the financial year ending July 31, 2025. The company's unaudited results revealed a growth from ₦ million to ₦ million compared to the previous year.

Legend Internet's revenue reached ₦ billion, with its fiber business and wholesale bandwidth contributing significantly to the growth. The company's cost management strategies led to a drop in sales expenses, boosting gross profit.

Legend Internet's total assets rose by 10%, reaching ₦ billion, showcasing its financial strength and growth trajectory. The company's recent listing of two billion ordinary shares on the Nigerian Exchange Limited's Main Board reflects its commitment to innovation and capital market development.