NICO Holdings plc (MAL:NICO)
Malawi flag Malawi · Delayed Price · Currency is MWK
1,336.94
-0.04 (-0.00%)
At close: Oct 1, 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 YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Banking
528,943284,870146,82191,39060,625
Asset Management
84,69959,51032,47623,28615,569
Pension Administration
14,2487,2945,1844,032-
Information Technology
11,9499,7715,9952,8962,082
Elimination of Dividend Income from Group Companies
-80,105-29,845-25,935-15,578-19,102
Short Term Insurance Pension
105,03084,35556,31456,77946,901
Long Term Insurance
193,66574,18240,65627,670-
Investment Holding
60,91226,31020,61011,42110,032
Total
919,341516,445282,120201,896235,530

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 EndingOct '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
2.55%2.34%4.98%7.31%11.34%6.04%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.9710.796.075.083.185.89
P/FCF Ratio
90.81-7.823.09-0.74
PS Ratio
1.552.040.850.540.310.27