NICO Holdings Income Statement

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	194,023	177,132	145,874	81,006	76,158	70,238
Total Interest & Dividend Income	186,203	190,331	78,959	41,173	26,575	43,565
Gain (Loss) on Sale of Investments	-38,394	-40,287	-17,774	7,305	2,278	31,891
Non-Insurance Activities Revenue	528,910	528,910	286,642	146,694	91,311	58,820
Other Revenue	30,079	29,974	23,087	14,331	9,006	8,177
Total Revenue	900,821	886,060	516,788	290,509	205,327	212,690
Revenue Growth	31.83%	71.45%	77.89%	41.49%	-3.46%	25.84%
Policy Benefits	119,084	101,409	81,685	69,907	65,635	108,656
Policy Acquisition & Underwriting Costs	-	-	-	-	-	4,290
Depreciation & Amortization	12,700	11,140	7,789	4,654	4,718	-
Selling, General & Administrative	73,155	54,319	44,919	27,021	19,928	41,645
Provision for Bad Debts	-	-	-	-	172.33	-
Non-Insurance Activities Expense	-	-	-	-	-	26,612
Other Operating Expenses	-	-	-	-	864.36	-
Reinsurance Income or Expense	-	-	-	-2,348	2,082	-
Total Operating Expenses	290,900	252,829	184,594	140,806	116,384	184,422
Operating Income	609,921	633,231	332,194	149,702	88,943	28,268
Interest Expense	-163,937	-161,636	-122,251	-66,399	-40,725	-1,344
Currency Exchange Gain (Loss)	-259.77	-259.77	217	742.77	192.76	-373.38
Other Non Operating Income (Expenses)	-76.57	-76.57	-0.65	-535.55	93.36	-
EBT Excluding Unusual Items	445,648	471,259	210,159	83,511	48,504	26,550
Gain (Loss) on Sale of Investments	-	-	148.39	-	-	-
Gain (Loss) on Sale of Assets	129.26	129.26	157.39	76.13	-9.47	107.51
Asset Writedown	-	-	-	-	-	221.24
Pretax Income	445,777	471,388	210,465	83,587	48,495	26,879
Income Tax Expense	146,533	147,880	76,072	24,870	11,490	8,580
Earnings From Continuing Ops.	299,244	323,508	134,393	58,717	37,005	18,299
Minority Interest in Earnings	-143,706	-155,675	-62,384	-27,805	-17,352	-8,563
Net Income	155,538	167,833	72,009	30,912	19,653	9,736
Net Income to Common	155,538	167,833	72,009	30,912	19,653	9,736
Net Income Growth	40.82%	133.07%	132.95%	57.29%	101.87%	-2.68%
Shares Outstanding (Basic)	1,043	1,043	1,043	1,043	1,043	1,043
Shares Outstanding (Diluted)	1,043	1,043	1,043	1,043	1,043	1,043
Shares Change	-	-	-	-	-	-
EPS (Basic)	149.12	160.91	69.04	29.64	18.84	9.33
EPS (Diluted)	149.12	160.91	69.04	29.64	18.84	9.33
EPS Growth	40.82%	133.07%	132.95%	57.29%	101.87%	-2.68%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	15,356	-65,954	55,874	50,824	-2,319	77,113
Free Cash Flow Per Share	14.72	-63.23	53.57	48.73	-2.22	73.93
Dividend Per Share	-	40.000	20.000	10.000	6.000	2.750
Dividend Growth	-	100.00%	100.00%	66.67%	118.18%	19.56%
Operating Margin	67.71%	71.47%	64.28%	51.53%	43.32%	13.29%
Profit Margin	17.27%	18.94%	13.93%	10.64%	9.57%	4.58%
Free Cash Flow Margin	1.70%	-7.44%	10.81%	17.50%	-1.13%	36.26%
EBITDA	614,737	639,657	336,415	152,251	91,414	30,774
EBITDA Margin	68.24%	72.19%	65.10%	52.41%	44.52%	14.47%
D&A For EBITDA	4,816	6,426	4,220	2,549	2,471	2,507
EBIT	609,921	633,231	332,194	149,702	88,943	28,268
EBIT Margin	67.71%	71.47%	64.28%	51.53%	43.32%	13.29%
Effective Tax Rate	32.87%	31.37%	36.14%	29.75%	23.69%	31.92%