Tantalizers Assures Shareholders of Long-Term Sustainability

The board of Tantalizers Plc has reassured shareholders that the company's growth trajectory is built on robust operational foundations designed for long-term profitability and investor returns. At the Annual General Meeting (AGM), Chairman Adam Nuru highlighted that the company's 2025 rebound to profitability stemmed from a strategic focus on strengthening operations to support future growth and minimize execution risks.

Nuru explained that the company's turnaround is a result of stronger revenue generation, improved finance income, disciplined cost management, and a sustained commitment to operational excellence. These factors will remain key priorities moving forward. He acknowledged that returning to profitability is a significant milestone but emphasized it is just one step in a broader journey toward sustained value creation for shareholders.

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The board remains focused on improving the quality, sustainability and scalability of earnings while maintaining prudent financial management.

In 2025, Tantalizers recorded a modest net profit after tax of N73 million, ending a losing streak that saw a net loss of N265.59 million in 2024. The company's turnover reached N2.90 billion in 2025, with a gross profit of N463.78 million and profit before tax at N83.70 million. The chairman stated that 2025 was a defining year, as Tantalizers began transforming from a quick-service restaurant operator into a diversified, consumer-focused enterprise with multiple growth engines.

"Today, Tantalizers is no longer defined solely by its legacy business," Nuru said. "We are steadily building a broader platform capable of participating in multiple sectors of the consumer economy while maintaining the operational discipline necessary to create long-term shareholder value."

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Today, Tantalizers is no longer defined solely by its legacy business. We are steadily building a broader platform capable of participating in multiple sectors of the consumer economy while maintaining the operational discipline necessary to create long-term shareholder value.