Nictus Limited (JSE:NCS)

Nictus Income Statement

Financials in millions ZAR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	23.91	25.27	33.32	35.5	35.96	39.64
Other Revenue	38.72	33.64	16.57	8.09	8.67	18.27
Revenue	62.63	58.9	49.88	43.59	44.63	57.92
Revenue Growth (YoY)	9.01%	18.08%	14.43%	-2.33%	-22.93%	8.64%
Cost of Revenue	16.65	17.17	21.71	23.12	23.11	26.24
Gross Profit	29.35	22.99	20.48	17.37	19.83	19.95
Selling, General & Admin	45.78	44.94	39.34	35.16	33.76	33.68
Other Operating Expenses	-2.56	-2.61	-1.87	-1.08	-1.38	-0.91
Operating Expenses	43.32	42.66	37.73	34.39	32.91	32.99
Operating Income	-13.97	-19.67	-17.25	-17.02	-13.08	-13.04
Interest Expense	-73.08	-61.55	-48.11	-26.26	-13.57	-15.28
Interest & Investment Income	125.09	109.82	79.76	51.47	32	39.69
EBT Excluding Unusual Items	38.05	28.6	14.39	8.19	5.35	11.36
Gain (Loss) on Sale of Assets	0.17	0.17	0.01	0.08	-	-0.01
Other Unusual Items	0.05	0.05	0.03	0.03	0.03	-
Pretax Income	38.33	28.88	14.48	8.32	5.46	11.46
Income Tax Expense	9.93	8.63	3.54	1.73	0.42	1.84
Net Income	28.4	20.25	10.94	6.59	5.04	9.62
Net Income to Common	28.4	20.25	10.94	6.59	5.04	9.62
Net Income Growth	35.13%	85.12%	65.99%	30.70%	-47.60%	164.34%
Shares Outstanding (Basic)	53	53	53	53	53	53
Shares Outstanding (Diluted)	53	53	53	53	53	53
EPS (Basic)	0.53	0.38	0.20	0.12	0.09	0.18
EPS (Diluted)	0.53	0.38	0.20	0.12	0.09	0.18
EPS Growth	35.12%	85.11%	66.00%	30.75%	-47.61%	164.32%
Free Cash Flow	-17.8	93.4	-9.06	19.26	1.06	23.86
Free Cash Flow Per Share	-0.33	1.75	-0.17	0.36	0.02	0.45
Dividend Per Share	0.120	0.120	0.060	0.050	0.030	0.050
Dividend Growth	100.00%	100.00%	20.00%	66.67%	-40.00%	66.67%
Gross Margin	46.87%	39.03%	41.05%	39.86%	44.43%	34.44%
Operating Margin	-22.30%	-33.39%	-34.59%	-39.03%	-29.30%	-22.52%
Profit Margin	45.35%	34.38%	21.93%	15.12%	11.30%	16.61%
Free Cash Flow Margin	-28.43%	158.57%	-18.16%	44.17%	2.38%	41.20%
EBITDA	-13.18	-18.98	-16.68	-16.37	-12.53	-12.25
EBITDA Margin	-21.04%	-32.22%	-33.43%	-37.56%	-28.07%	-21.14%
D&A For EBITDA	0.79	0.69	0.58	0.64	0.55	0.8
EBIT	-13.97	-19.67	-17.25	-17.02	-13.08	-13.04
EBIT Margin	-22.30%	-33.39%	-34.59%	-39.03%	-29.30%	-22.52%
Effective Tax Rate	25.90%	29.88%	24.44%	20.77%	7.67%	16.07%
Revenue as Reported	25.33	27.06	35.16	3.75	44.63	57.92
Advertising Expenses	-	2.38	2.44	2.36	1.89	1.13

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