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Tantalizers Plc has released its audited financial statements for the year ended December 2025, reporting a pretax profit of N83.6 million, bouncing back strongly from a N259.5 million loss in 2024.

The company’s net revenue remained steady, rising to N1.29 billion from N1.19 billion the previous year, supported by steady sales growth across its core restaurant operations.

Beyond revenue, higher other income and lower administrative expenses helped Tantalizers post a positive bottom line, reflecting efficient operations.

Total assets jumped to N13.3 billion, up 353.5%, largely fueled by its entertainment subsidiary; Taintainment Ltd, which contributed N7.5 billion, emerging as the company’s largest asset.

Tantalizers posted total system revenue of N2.9 billion for the 2025 financial year, translating to a net revenue growth of 7.7% year-on-year or N1.2 billion.

Net finance costs of N58.3 million helped the bottom line, with pretax profit rebounding to N83.6 million, compared to a N259.5 million loss in 2024.

Total equity rose to N4.7 billion from N1.17 billion in 2024, while total liabilities reached N8.6 billion, compared to N1.5 billion previously. Lease payables of N7.1 billion formed the bulk of the liabilities.

The market has yet to fully react to the publication of Tantalizers’ audited financial statements.

However, the stock is up 68% year-to-date as of the trading day ended March 3, 2026, currently priced at N4.20 per share, with investors expected to respond further in the coming sessions.