NICO Holdings plc (MAL:NICO)

NICO Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	133,160	81,006	76,158	70,238	67,822
Total Interest & Dividend Income	-13,630	7,841	26,575	43,565	26,921
Gain (Loss) on Sale of Investments	-	-	2,278	31,891	20,604
Non-Insurance Activities Revenue	383,285	201,114	91,311	58,820	47,041
Other Revenue	2,184	504	9,006	8,177	6,626
Total Revenue	504,999	290,465	205,327	212,690	169,014
Revenue Growth (YoY)	73.86%	41.46%	-3.46%	25.84%	20.28%
Policy Benefits	53,298	69,907	65,635	108,656	86,295
Policy Acquisition & Underwriting Costs	-	-	-	4,290	3,227
Depreciation & Amortization	7,789	4,654	-	-	-
Selling, General & Administrative	209,391	124,362	48,818	41,645	36,382
Provision for Bad Debts	-	-	172.33	-	-
Non-Insurance Activities Expense	-	-	-	26,612	13,629
Other Operating Expenses	4,725	4,564	864.36	-	2,032
Reinsurance Income or Expense	-28,387	-2,348	2,082	-	-
Total Operating Expenses	303,590	205,835	116,384	184,422	141,566
Operating Income	201,409	84,630	88,943	28,268	27,448
Interest Expense	-3,658	-1,163	-40,725	-1,344	-1,127
Currency Exchange Gain (Loss)	-	-	192.76	-373.38	-22.89
Other Non Operating Income (Expenses)	-	120	93.36	-	8.21
EBT Excluding Unusual Items	197,751	83,587	48,504	26,550	26,306
Gain (Loss) on Sale of Assets	-	-	-9.47	107.51	72.8
Asset Writedown	-	-	-	221.24	88.79
Pretax Income	197,751	83,587	48,495	26,879	26,468
Income Tax Expense	63,358	24,870	11,490	8,580	7,872
Earnings From Continuing Ops.	134,393	58,717	37,005	18,299	18,596
Minority Interest in Earnings	-62,384	-27,805	-17,352	-8,563	-8,592
Net Income	72,009	30,912	19,653	9,736	10,004
Net Income to Common	72,009	30,912	19,653	9,736	10,004
Net Income Growth	132.95%	57.29%	101.87%	-2.68%	24.88%
Shares Outstanding (Basic)	1,043	1,043	1,043	1,043	1,043
Shares Outstanding (Diluted)	1,043	1,043	1,043	1,043	1,043
EPS (Basic)	69.04	29.64	18.84	9.33	9.59
EPS (Diluted)	69.04	29.64	18.84	9.33	9.59
EPS Growth	132.95%	57.29%	101.87%	-2.68%	24.88%
Free Cash Flow	54,129	44,689	-2,319	77,113	59,193
Free Cash Flow Per Share	51.90	42.84	-2.22	73.93	56.75
Dividend Per Share	20.000	10.000	6.000	2.750	2.300
Dividend Growth	100.00%	66.67%	118.18%	19.56%	21.05%
Operating Margin	39.88%	29.14%	43.32%	13.29%	16.24%
Profit Margin	14.26%	10.64%	9.57%	4.58%	5.92%
Free Cash Flow Margin	10.72%	15.38%	-1.13%	36.26%	35.02%
EBITDA	209,198	89,284	91,414	30,774	29,063
EBITDA Margin	41.42%	30.74%	44.52%	14.47%	17.20%
D&A For EBITDA	7,789	4,654	2,471	2,507	1,615
EBIT	201,409	84,630	88,943	28,268	27,448
EBIT Margin	39.88%	29.14%	43.32%	13.29%	16.24%
Effective Tax Rate	32.04%	29.75%	23.69%	31.92%	29.74%

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.