Multiverse Mining and Exploration Plc reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was NGN 123.2 million compared to NGN 1.73 million a year ago. Net income was NGN 71.49 million compared to net loss of NGN 76.81 million a year ago. Basic earnings per share from continuing operations was NGN 0.2 compared to basic loss per share from continuing operations of NGN 0.2 a year ago. Diluted earnings per share from continuing operations was NGN 0.2 compared to diluted loss per share from continuing operations of NGN 0.2 a year ago.
For the full year, sales was NGN 289.24 million compared to NGN 3.99 million a year ago. Net income was NGN 64.78 million compared to net loss of NGN 202.33 million a year ago. Basic earnings per share from continuing operations was NGN 0.2 compared to basic loss per share from continuing operations of NGN 0.5 a year ago. Diluted earnings per share from continuing operations was NGN 0.2 compared to diluted loss per share from continuing operations of NGN 0.5 a year ago.