Briclinks Africa Plc ended the quarter to 31 March 2025 with cash and cash equivalents of N96.80 million, up from N6.44 million a year earlier, representing a remarkable 1,402 percent surge in readily available liquidity.
“Cash and cash equivalents at end of the period were N96.80 million, compared with N6.44 million in the same period a year earlier,” the statement of cash flows said.
This build-up was driven by a marked turnaround in operating cash generation. In Q1 2025, Briclinks converted N10.58 million of profit before tax into a net N30 million of cash from operating activities, compared with a net outflow of N18.75 million in Q1 2024.
