Travel - Intelpoint

Tesla recorded its highest automotive revenue in 2023, reaching an impressive $82.4 billion.
In 2024, Tesla’s automotive revenue declined for the first time, with a 6.49% drop compared to the previous year.
Despite the decline in automotive revenue, Tesla’s total revenue grew by 0.95%, indicating resilience in other business segments

In 2024, Tesla delivered a total of 1,789,226 vehicles, marking its first year-over-year delivery decline (1.11%) since 2015.
Tesla’s highest annual deliveries occurred in 2023, with 1,808,581 vehicles delivered.
Of the total vehicles delivered in 2024, 1,704,093 were Model 3 and Model Y, while 85,133 were other models, including the Cybertruck.
The Cybertruck officially launched in late 2023, with production ramping up through 2024.
Both Model Y and Model 3 received notable upgrades in 2024, enhancing performance and interior features.

Tesla remains the EV manufacturer with the highest revenue, generating approximately $19 billion in Q1 2025.
Among companies that exclusively produce EVs, Tesla was the only one to report a year-over-year revenue decline between Q1 2024 and Q1 2025.
Tesla's decline has been partially attributed to public backlash against CEO Elon Musk’s controversial political involvement.
VinFast not only achieved a 300% increase in vehicle deliveries but also recorded the highest revenue growth, up 149.81% year-over-year.
VinFast’s strong performance was largely driven by robust sales in Vietnam, its largest market.
Despite a 38.46% drop in EV deliveries, Rivian posted a 2.99% year-over-year revenue increase between Q1 2024 and Q1 2025.
Tesla, Rivian, and Lucid are U.S.-based EV manufacturers; NIO is Chinese, VinFast is Vietnamese, and Polestar is Swedish.

Key takeaways:

Cadbury Nigeria's total assets increased by 155%, from ₦28.4 billion in 2015 to ₦72.4 billion in 2024.
Assets remained relatively stable between 2015 and 2019, hovering around ₦28 billion.
Despite recent financial challenges, Cadbury Nigeria's asset base has more than doubled in the last decade.
Significant expansion began in 2020, with continued steady growth through 2024.

Key takeaways:

Revenue grew impressively from ₦27.8 billion in 2015 to ₦129.2 billion in 2024, a 364% increase.
The company recorded profitable years between 2017 and 2022, peaking at ₦1.15 billion profit in 2015.
From 2015 to 2019, the company maintained consistent single-digit growth, averaging 9% each year.
The revenue more than tripled between 2020 and 2024, reaching ₦129 billion in 2024.
Losses were recorded in 2016, 2023, and 2024.
Despite revenue more than doubling between 2022 and 2024, profitability reduced dramatically.

Key Takeaways:

Okomu Oil Palm Company's revenue expanded by 1,236%, from ₦9.74 billion in 2015 to ₦130.06 billion in 2024.
Profit after tax saw a substantial increase of 1,189%, from ₦2.66 billion in 2015 to ₦34.27 billion in 2024.
The most significant profit growth took place between 2021 and 2024, with profit almost tripling during this timeframe.
Although there have been some variations in profit margins, the company has consistently realised growth annually.
The figures for revenue and profit reached their peak in 2024.
The disparity between revenue and profit after tax in 2024 is significantly greater than in earlier years.

Key Takeaways:

Dangote Sugar Refinery saw impressive growth rates of 68% in 2016 and 51% in 2024, marking periods of considerable expansion.
The company’s revenue rose from ₦101.06 billion in 2015 to ₦665.69 billion in 2024.
There were notable year-on-year fluctuations, with growth rates varying from -26% to 68%.
The period from 2020 to 2024 indicated particularly strong performance, featuring consistent positive growth.
The highest revenue allocation for the company was noted in 2024.

Key takeaways:

In 2024, BUA Foods hit new heights, with gross profit for Q4 surpassing ₦189 billion.
A remarkable surge occurred in 2024, with quarterly gross profits regularly exceeding ₦100 billion.
The fourth quarter of 2024 marked a significant peak, illustrating a 200% increase from Q4 2023.
BUA Foods' gross profit dramatically climbed from approximately ₦25 billion in 2021 to nearly ₦190 billion in Q4 2024.

Key Takeaways:

Nestlé’s dividends increase year after year was highest in 2018 and 2019 at ₦17.83 billion and ₦12.68 billion, respectively.
The declared dividends reached a peak of ₦55.49 billion in 2020, while the lowest was recorded at ₦15.06 billion in 2016.
In recent years, Nestlé Nigeria Plc has shown a declining trend in declared dividends.
Dividends decreased by nearly 14%, 17%, and 28% in 2021, 2022, and 2023, respectively, compared to the previous years.

Key takeaways:

Nestlé Nigeria's income tax contributions rose from ₦5.6 billion in 2015 to ₦57 billion in 2024.
In 2024, the company saw an extraordinary 132% rise in taxes compared to the previous year.
Despite facing economic hurdles during the COVID-19 pandemic, Nestlé ensured that its tax contributions remained above ₦21 billion annually from 2020 to 2022.
The significant spike in 2024 was mainly due to a considerable loss before tax, driven by heightened finance costs stemming from the devaluation of the Naira.
Nestlé Nigeria's 144% income tax growth in 2016 is the highest in the past ten years.

1 2 3 Next