NICO Holdings plc (MAL:NICO)
Malawi flag Malawi · Delayed Price · Currency is MWK
1,644.97
-0.65 (-0.04%)
At close: May 6, 2026

NICO Holdings Income Statement

Millions MWK. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Premiums & Annuity Revenue
177,132145,87481,00676,15870,238
Total Interest & Dividend Income
190,33178,95941,17326,57543,565
Gain (Loss) on Sale of Investments
-40,287-17,7747,3052,27831,891
Non-Insurance Activities Revenue
528,910286,642146,69491,31158,820
Other Revenue
29,97423,08714,3319,0068,177
886,060516,788290,509205,327212,690
Revenue Growth (YoY)
71.45%77.89%41.49%-3.46%25.84%
Policy Benefits
101,40981,68569,90765,635108,656
Policy Acquisition & Underwriting Costs
----4,290
Depreciation & Amortization
11,1407,7894,6544,718-
Selling, General & Administrative
54,31944,91927,02119,92841,645
Provision for Bad Debts
---172.33-
Non-Insurance Activities Expense
----26,612
Other Operating Expenses
---864.36-
Reinsurance Income or Expense
---2,3482,082-
Total Operating Expenses
252,829184,594140,806116,384184,422
Operating Income
633,231332,194149,70288,94328,268
Interest Expense
-161,636-122,251-66,399-40,725-1,344
Currency Exchange Gain (Loss)
-259.77217742.77192.76-373.38
Other Non Operating Income (Expenses)
-76.57-0.65-535.5593.36-
EBT Excluding Unusual Items
471,259210,15983,51148,50426,550
Gain (Loss) on Sale of Investments
-148.39---
Gain (Loss) on Sale of Assets
129.26157.3976.13-9.47107.51
Asset Writedown
----221.24
Pretax Income
471,388210,46583,58748,49526,879
Income Tax Expense
147,88076,07224,87011,4908,580
Earnings From Continuing Ops.
323,508134,39358,71737,00518,299
Minority Interest in Earnings
-155,675-62,384-27,805-17,352-8,563
Net Income
167,83372,00930,91219,6539,736
Net Income to Common
167,83372,00930,91219,6539,736
Net Income Growth
133.07%132.95%57.29%101.87%-2.68%
Shares Outstanding (Basic)
1,0431,0431,0431,0431,043
Shares Outstanding (Diluted)
1,0431,0431,0431,0431,043
EPS (Basic)
160.9169.0429.6418.849.33
EPS (Diluted)
160.9169.0429.6418.849.33
EPS Growth
133.07%132.95%57.29%101.87%-2.68%
Free Cash Flow
-65,95455,87450,824-2,31977,113
Free Cash Flow Per Share
-63.2353.5748.73-2.2273.93
Dividend Per Share
40.00020.00010.0006.0002.750
Dividend Growth
100.00%100.00%66.67%118.18%19.56%
Operating Margin
71.47%64.28%51.53%43.32%13.29%
Profit Margin
18.94%13.93%10.64%9.57%4.58%
Free Cash Flow Margin
-7.44%10.81%17.50%-1.13%36.26%
EBITDA
639,657336,415152,25191,41430,774
EBITDA Margin
72.19%65.10%52.41%44.52%14.47%
D&A For EBITDA
6,4264,2202,5492,4712,507
EBIT
633,231332,194149,70288,94328,268
EBIT Margin
71.47%64.28%51.53%43.32%13.29%
Effective Tax Rate
31.37%36.14%29.75%23.69%31.92%
Source: S&P Global Market Intelligence. Insurance template. Financial Sources.