DAR:NICO Income Statement

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

Millions TZS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,102	10,905	-	8,342	-
Other Revenue	15,366	12,836	11,124	37.79	5,699
Revenue	17,468	23,742	11,124	8,380	5,699
Revenue Growth (YoY)	-26.43%	113.44%	32.74%	47.05%	60.15%
Cost of Revenue	95.84	8,528	4.61	6.15	-
Gross Profit	17,372	15,214	11,119	8,374	5,699
Selling, General & Admin	3,573	2,632	1,501	2,104	1,353
Other Operating Expenses	-	742.57	-414.32	-14.56	-
Operating Expenses	3,573	3,374	1,086	2,090	1,353
Operating Income	13,799	11,840	10,033	6,284	4,345
Interest Expense	-	-2,171	-2,442	-11.22	-
Currency Exchange Gain (Loss)	-	176.48	-	-	-
Other Non Operating Income (Expenses)	-1,809	-	-6.02	-76.46	0
EBT Excluding Unusual Items	11,991	9,845	7,585	6,197	4,345
Gain (Loss) on Sale of Investments	-	84.86	50.04	-	-76.7
Pretax Income	11,991	9,930	7,635	6,197	4,269
Income Tax Expense	553.89	859.7	848.45	277.34	217.72
Earnings From Continuing Operations	11,437	9,070	6,786	5,919	4,051
Minority Interest in Earnings	2.67	-4.74	0.46	0.71	-
Net Income	11,439	9,065	6,787	5,920	4,051
Net Income to Common	11,439	9,065	6,787	5,920	4,051
Net Income Growth	26.19%	33.58%	14.64%	46.14%	168.62%
Shares Outstanding (Basic)	62	62	62	62	62
Shares Outstanding (Diluted)	62	62	62	62	62
Shares Change (YoY)	-0.21%	-	-	-0.01%	-10.88%
EPS (Basic)	186.00	147.08	110.11	96.05	65.72
EPS (Diluted)	186.00	147.08	110.11	96.05	65.72
EPS Growth	26.46%	33.58%	14.64%	46.15%	201.47%
Free Cash Flow	13,304	6,288	-7,220	2,758	3,153
Free Cash Flow Per Share	216.32	102.03	-117.15	44.75	51.15
Dividend Per Share	-	70.000	53.000	43.000	17.000
Dividend Growth	-	32.07%	23.26%	152.94%	70.00%
Gross Margin	99.45%	64.08%	99.96%	99.93%	100.00%
Operating Margin	79.00%	49.87%	90.19%	74.99%	76.25%
Profit Margin	65.49%	38.18%	61.01%	70.64%	71.08%
Free Cash Flow Margin	76.17%	26.49%	-64.91%	32.92%	55.32%
EBITDA	14,099	15,354	10,072	6,320	4,378
EBITDA Margin	80.72%	64.67%	90.55%	75.41%	76.83%
D&A For EBITDA	300.07	3,515	39.3	35.5	33.04
EBIT	13,799	11,840	10,033	6,284	4,345
EBIT Margin	79.00%	49.87%	90.19%	74.99%	76.25%
Effective Tax Rate	4.62%	8.66%	11.11%	4.48%	5.10%
Revenue as Reported	17,372	-	-	-	5,699

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.