DAR:NICO Income Statement

Financials in millions TZS. Fiscal year is January - December.

Millions TZS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	10,905	-	8,342	-	-
Other Revenue	12,836	11,124	37.79	5,699	3,559
Revenue	23,742	11,124	8,380	5,699	3,559
Revenue Growth (YoY)	113.44%	32.74%	47.05%	60.15%	42.79%
Cost of Revenue	8,528	4.61	6.15	-	3.27
Gross Profit	15,214	11,119	8,374	5,699	3,555
Selling, General & Admin	2,632	1,501	2,104	1,353	1,792
Other Operating Expenses	742.57	-414.32	-14.56	-	79.47
Operating Expenses	3,374	1,086	2,090	1,353	1,872
Operating Income	11,840	10,033	6,284	4,345	1,683
Interest Expense	-2,171	-2,442	-11.22	-	-
Currency Exchange Gain (Loss)	176.48	-	-	-	-
Other Non Operating Income (Expenses)	-	-6.02	-76.46	0	-
EBT Excluding Unusual Items	9,845	7,585	6,197	4,345	1,683
Gain (Loss) on Sale of Investments	84.86	50.04	-	-76.7	-
Pretax Income	9,930	7,635	6,197	4,269	1,683
Income Tax Expense	859.7	848.45	277.34	217.72	175.31
Earnings From Continuing Operations	9,070	6,786	5,919	4,051	1,508
Minority Interest in Earnings	-4.74	0.46	0.71	-	-
Net Income	9,065	6,787	5,920	4,051	1,508
Net Income to Common	9,065	6,787	5,920	4,051	1,508
Net Income Growth	33.58%	14.64%	46.14%	168.62%	3545.11%
Shares Outstanding (Basic)	62	62	62	62	69
Shares Outstanding (Diluted)	62	62	62	62	69
Shares Change (YoY)	-	-	-0.01%	-10.88%	-
EPS (Basic)	147.08	110.11	96.05	65.72	21.80
EPS (Diluted)	147.08	110.11	96.05	65.72	21.80
EPS Growth	33.58%	14.64%	46.15%	201.47%	3544.50%
Free Cash Flow	6,288	-7,220	2,758	3,153	481.98
Free Cash Flow Per Share	102.03	-117.15	44.75	51.15	6.97
Dividend Per Share	70.000	53.000	43.000	17.000	10.000
Dividend Growth	32.07%	23.26%	152.94%	70.00%	66.67%
Gross Margin	64.08%	99.96%	99.93%	100.00%	99.91%
Operating Margin	49.87%	90.19%	74.99%	76.25%	47.30%
Profit Margin	38.18%	61.01%	70.64%	71.08%	42.38%
Free Cash Flow Margin	26.49%	-64.91%	32.92%	55.32%	13.54%
EBITDA	15,354	10,072	6,320	4,378	1,710
EBITDA Margin	64.67%	90.55%	75.41%	76.83%	48.06%
D&A For EBITDA	3,515	39.3	35.5	33.04	26.81
EBIT	11,840	10,033	6,284	4,345	1,683
EBIT Margin	49.87%	90.19%	74.99%	76.25%	47.30%
Effective Tax Rate	8.66%	11.11%	4.48%	5.10%	10.41%
Revenue as Reported	-	-	-	5,699	-
Advertising Expenses	-	-	-	-	89.24

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.