NICO Holdings plc (MAL:NICO)

NICO Holdings Revenue

NICO Holdings had revenue of 390.66B MWK in the half year ending June 30, 2026, with 90.88% growth. This brings the company's total for the last twelve months to 900.82B, up 31.83% year-over-year. In the year 2025, NICO Holdings had annual revenue of 886.06B with 71.46% growth. That makes NICO Holdings the 10,996th largest company in the world by revenue and 2nd in Malawi.

• Revenue (ttm): 900.82B
• Revenue Growth: +31.83%
• P/S Ratio: 1.54
• Revenue / Employee: 610.31M
• Employees: 1,476
• Market Cap: 1.39T

Revenue Chart

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Revenue by Segment

By Segment

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• Banking 528.94B 52.9%
• Long Term Insurance 193.67B 19.4%
• Short Term Insurance Pension 105.03B 10.5%
• Asset Management 84.70B 8.5%
• Investment Holding 60.91B 6.1%
• Pension Administration 14.25B 1.4%
• Information Technology 11.95B 1.2%

By Geography

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• Malawi 950.40B 95.1%
• Zambia 49.05B 4.9%

Fiscal year ended Dec 31, 2025 See the full NICO Holdings breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	886.06B	369.27B	71.46%
Dec 31, 2024	516.79B	226.28B	77.89%
Dec 31, 2023	290.51B	85.18B	41.49%
Dec 31, 2022	205.33B	-7.36B	-3.46%
Dec 31, 2021	212.69B	43.68B	25.84%

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 20, 2026

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