NICO Holdings plc (MAL:NICO)
Malawi flag Malawi · Delayed Price · Currency is MWK
1,341.39
-0.03 (-0.00%)
At close: Sep 10, 2026

NICO Holdings Financials Overview

Millions MWK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
900,821886,060516,788290,509205,327212,690
Revenue Growth
1.67%71.45%77.89%41.49%-3.46%25.84%
Operating Income
609,921633,231332,194149,70288,94328,268
Net Income
155,538167,83372,00930,91219,6539,736
Earnings Per Share
149.12160.9169.0429.6418.849.33
EPS Growth
-7.33%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
Banking
528,943528,943284,870146,82191,39060,625
Asset Management
84,69984,69959,51032,47623,28615,569
Pension Administration
14,24814,2487,2945,1844,032-
Information Technology
11,94911,9499,7715,9952,8962,082
Elimination of Dividend Income from Group Companies
-80,105-80,105-29,845-25,935-15,578-19,102
Short Term Insurance Pension
105,030105,03084,35556,31456,77946,901
Long Term Insurance
193,665193,66574,18240,65627,670-
Investment Holding
60,91260,91226,31020,61011,42110,032
Total
919,341919,341516,445282,120201,896235,530

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
261,586203,276212,352143,65284,11681,099
Total Debt
56,092126,620138,86316,72330,02725,082
Net Cash (Debt)
205,49476,65773,489126,93054,08956,017
Net Cash Growth
168.07%4.31%-42.10%134.67%-3.44%16.11%
Net Cash Per Share
197.0173.4970.46121.6951.8653.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
29,929-47,19771,13159,5701,34282,265
Capital Expenditures
-14,572-18,756-15,257-8,746-3,661-5,152
Free Cash Flow
15,356-65,95455,87450,824-2,31977,113
Free Cash Flow Growth
--9.94%--30.27%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
67.71%71.47%64.28%51.53%43.32%13.29%
Pretax Margin
49.49%53.20%40.73%28.77%23.62%12.64%
Profit Margin
17.27%18.94%13.93%10.64%9.57%4.58%
FCF Margin
1.70%-7.44%10.81%17.50%-1.13%36.26%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
34.05040.00020.00010.0006.0002.750
Dividend Per Share Growth
48.04%100.00%100.00%66.67%118.18%19.56%
Dividend Yield
2.54%2.34%4.98%7.31%11.34%6.04%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.0010.796.075.083.185.89
P/FCF Ratio
91.11-7.823.09-0.74
PS Ratio
1.552.040.850.540.310.27