Chams grows 17.9% in 2025 on a $4.26 million SIM and bank card boom

Chams Holding Company Plc, a Nigerian identity management and transactional technology provider, grew its income by 17.89% to ₦17.48 billion ($12.61 million) in 2025

  Science/Technology   Feb 2, 2026   0   13  Add to Reading List
Chams grows 17.9% in 2025 on a $4.26 million SIM and bank card boom
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Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

Chams Holding Company Plc, a Nigerian identity management and transactional technology provider, grew its income by 17.89% to ₦17.48 billion ($12.61 million) in 2025, according to its unaudited full-year results.

The growth was largely driven by a 573.16% jump in card sales, which the firm categorises as “data card products supply of cards,” to ₦5.90 billion ($4.26 million). This was driven by increased SIM card purchases from telecom operators, and banks’ demand for cards remained strong.

Chams 2025: The Revenue Decoder

How card manufacturing became the new growth engine.

Total Revenue
₦17.48bn
▲ 17.9% vs 2024
Net Profit
₦605.6m
▲ 54.9% vs 2024

The “Card Boom” Factor

+573% Growth

Revenue from producing SIMs and bank cards exploded in 2025.

2024 Card Sales ₦0.88bn
2025 Card Sales ₦5.90bn

Where did the money come from? (2025)

Biometrics & Machines
₦10.65bn (61%)
Card Sales (SIMs/Payment)
₦5.90bn (34%)

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