TotalEnergies Marketing Nigeria Plc Reports Twenty Six Percent Revenue Decline and Twelve Billion Naira Annual Loss

TotalEnergies Marketing Nigeria Plc sees revenue drop 26% to N767.63bn in 2025, posting a significant loss after tax as shareholder funds decline by 37%.

By: AXL Media

Published: Mar 31, 2026, 8:58 AM EDT

Source: The information in this article was sourced from Peoples Gazette

A Sharp Reversal in Annual Fiscal Performance

The latest audited financial statements released on the Nigerian Exchange have revealed a challenging fiscal year for TotalEnergies Marketing Nigeria Plc. The company recorded a 26 percent drop in annual revenue, which fell to N767.63 billion for the period ending December 31, 2025. This figure represents a sharp contrast to the N1.04 trillion generated during the 2024 financial year, signaling a contraction in market turnover that has sent ripples through the energy investment community.

Transitioning from Profitability to Significant Pre Tax Losses

The collapse in top line revenue has had a cascading effect on the firm's bottom line profitability. TotalEnergies reported a loss before tax of N12.46 billion for 2025, a dramatic reversal from the N42.26 billion profit recorded in the previous year. This volatility highlights the mounting operational pressures facing major oil marketers in Nigeria, as shifting economic variables and supply chain costs continue to erode traditional profit margins within the downstream sector.

Erosion of Shareholder Value and Comprehensive Income

The secondary metrics of the report further illustrate the depth of the company's financial retreat. After tax figures moved into negative territory, with the firm posting a loss of N13.85 billion compared to a N27.50 billion gain in 2024. Consequently, total comprehensive income declined into a loss of N13.96 billion, while shareholders’ funds were depleted by 37 percent to settle at N47.54 billion. This reduction in equity suggests a thinning of the company's financial cushion against future market shocks.