Lagos, Nigeria – Computer Warehouse Group (CWG) Plc, one of Africa’s leading information and communication technology (ICT) solutions providers, has posted its H1 2025 results, reporting ₦28.4 billion in revenue — a 65% year-on-year increase from ₦17.2 billion in H1 2024.
Profit after tax surged 113% to ₦3.56 billion, with IT infrastructure services contributing ₦12.1 billion, or 42.6% of total revenue.
The company’s infrastructure offerings include scalable data centres for mission-critical applications, WAN and LAN network design and management, advanced cybersecurity solutions such as firewall protection and intrusion prevention, and a mix of on-premises and cloud-based storage services.
Key clients in H1 2025 included MTN, United Bank for Africa (UBA), First Bank, the Independent National Electoral Commission (INEC), and the Nigerian Communications Commission (NCC).
CWG’s gross profit rose 73% to ₦8.3 billion, EBITDA increased 107% to ₦4.94 billion, and EBIT grew 111% to ₦4.75 billion. Profit before tax reached ₦4.68 billion, while earnings per share climbed to ₦1.41. Operational efficiency improved as the cost-to-income ratio dropped 16 percentage points to 46%, and return on equity (ROE) jumped to 41% from 24%. Shareholders’ funds rose by 30% to ₦8.6 billion.
This performance reflects CWG’s ongoing transition from a traditional IT infrastructure provider to a platform-led digital solutions business. The company has expanded into enterprise billing systems, SME platforms, and payment orchestration engines, strengthening recurring revenue streams and deepening its presence across Africa.
Chief Executive Officer Adewale Adeyipo credited the strong showing to “strategic reinvention, disciplined execution, and an unwavering focus on customer success”, noting that CWG is well positioned for further growth in the second half of 2025.
Key Highlights – CWG Plc H1 2025
Revenue: ₦28.4 billion (+65% YoY)
Profit Before Tax: ₦4.68 billion (+113% YoY)
Profit After Tax: ₦3.56 billion (+113% YoY)
Gross Profit: ₦8.3 billion (+73% YoY)
EBITDA: ₦4.94 billion (+107% YoY)
Return on Equity: 41% (up from 24%)
Shareholders’ Fund: ₦8.6 billion (+30% YoY)
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With a stronger capital base, improved operational efficiency, and a growing portfolio of proprietary solutions, CWG Plc is on track to meet its transformation goals and cement its position as one of Africa’s most influential technology companies.
