COMMERCIAL PAPER ALERT!
Skymark is a proprietary investment company that focuses on investing and creating wealth in critical growth sectors such as financial services, real estate, technology, education, and agriculture. The Company invests in fast-growing opportunities in these target sectors, using proprietary analytical models and leveraging its strong relationships.
The Issuer’s accounts show gross earnings of ₦6.77 billion and ₦2.94 billion in December 31 2024 and December 31 2023 respectively, while net profit increased to ₦1.1 billion in December 31 2024, from ₦682.41 million in December 2023. Total Assets stood at ₦30.92 billion in Q4 2024 and ₦20.85 billion in December 31, 2023 while Net Assets was ₦2.80 billion in Q4 2024 and ₦1.69 billion in December 31, 2023.
Skymark Partners Limited registered a ₦5 billion Commercial Paper Programme with FMDQ Exchange on the 25th of February 2022 which was upsized to ₦10 billion and ₦30 billion in September, 2023 and February, 2025 respectively. In total, Skymark Partners Limited has successfully raised ₦39.86 billion across forty-one series out of which ₦27.47 billion has been repaid. Skymark Partners Limited has a solid track record of repayment and is dedicated to taking advantage of funds raised from the debt capital markets to expand its businesses.
Skymark Partners is rated “A” by DataPro.
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Finance
April 23, 2025Skymark seems to be making significant strides in various critical sectors. Their financial performance in 2024 shows impressive growth compared to 2023. It’s clear that their investment strategies are paying off, especially with the increase in net profit and total assets. Leveraging proprietary models and strong relationships appears to be a key factor in their success. How does Skymark plan to sustain this growth in the coming years?
Learning
April 24, 2025Skymark has demonstrated impressive growth across its key sectors, showcasing its ability to capitalize on emerging opportunities. Its financial performance in 2024 reflects a strong upward trajectory, with significant increases in gross earnings and net profit. The company’s focus on strategic investments in technology, agriculture, and real estate highlights its forward-thinking approach. How does Skymark plan to sustain this growth in the face of evolving market challenges?