NICO Holdings plc (MAL:NICO)
Malawi flag Malawi · Delayed Price · Currency is MWK
1,349.35
-0.57 (-0.04%)
At close: Jul 30, 2026

NICO Holdings Financials Overview

Millions MWK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
886,060886,060516,788290,509205,327212,690
Revenue Growth
29.67%71.45%77.89%41.49%-3.46%25.84%
Operating Income
633,231633,231332,194149,70288,94328,268
Net Income
167,833167,83372,00930,91219,6539,736
Earnings Per Share
160.91160.9169.0429.6418.849.33
EPS Growth
51.95%133.07%132.95%57.29%101.87%-2.68%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short Term Insurance Pension
105,030105,03084,35556,31456,77946,901
Information Technology
11,94911,9499,7715,9952,8962,082
Asset Management
84,69984,69959,51032,47623,28615,569
Pension Administration
14,24814,2487,2945,1844,032-
Long Term Insurance
193,665193,66574,18240,65627,670-
Investment Holding
60,91260,91226,31020,61011,42110,032
Banking
528,943528,943284,870146,82191,39060,625
Elimination of Dividend Income from Group Companies
-80,105-80,105-29,845-25,935-15,578-19,102
Total
919,341919,341516,445282,120201,896235,530

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
203,276203,276212,352143,65284,11681,099
Total Debt
126,620126,620138,86316,72330,02725,082
Net Cash (Debt)
76,65776,65773,489126,93054,08956,017
Net Cash Growth
-74.90%4.31%-42.10%134.67%-3.44%16.11%
Net Cash Per Share
73.4973.4970.46121.6951.8653.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-47,197-47,19771,13159,5701,34282,265
Capital Expenditures
-18,756-18,756-15,257-8,746-3,661-5,152
Free Cash Flow
-65,954-65,95455,87450,824-2,31977,113
Free Cash Flow Growth
--9.94%--30.27%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
71.47%71.47%64.28%51.53%43.32%13.29%
Pretax Margin
53.20%53.20%40.73%28.77%23.62%12.64%
Profit Margin
18.94%18.94%13.93%10.64%9.57%4.58%
FCF Margin
-7.44%-7.44%10.81%17.50%-1.13%36.26%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
40.00040.00020.00010.0006.0002.750
Dividend Per Share Growth
100.00%100.00%100.00%66.67%118.18%19.56%
Dividend Yield
2.96%2.33%4.95%7.26%11.28%6.00%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.3910.796.075.083.185.89
P/FCF Ratio
--7.823.09-0.74
PS Ratio
1.592.040.850.540.310.27