NICO Holdings Overview

  • Year Founded
  • 1971

Year Founded

  • Status
  • Public

  • Employees
  • 25

Employees

  • Stock Symbol
  • NICO

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $0.45
  • (As of Friday Closing)

NICO Holdings General Information

Description

NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.

Contact Information

Website
www.nicomw.com
Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Corporate Office
  • PO Box 501
  • 19 Glyn Jones Road
  • Blantyre
  • Malawi
+265 01
Primary Industry
Multi-line Insurance
Other Industries
Life and Health Insurance
Commercial/Professional Insurance
Other Financial Services
Stock Exchange
MSW
Corporate Office
  • PO Box 501
  • 19 Glyn Jones Road
  • Blantyre
  • Malawi
+265 01

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

NICO Holdings Stock Performance

As of 23-May-2025, NICO Holdings’s stock price is $0.45. Its current market cap is $467M with 1.04B shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.45 $0.45 $0.11 - $0.48 $467M 1.04B 61K

NICO Holdings Financials Summary

As of 31-Dec-2022, NICO Holdings has a trailing 12-month revenue of $281M.

In Thousands,
USD
TTM 31-Dec-2022 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 421,102 421,102 69,949
Revenue 280,785 280,785 260,343 223,216
EBITDA 101,599 101,599 75,010 60,870
Net Income 21,147 21,147 12,124 13,386
Total Assets 1,117,447 1,117,447 1,146,146
Total Debt 384,019 384,019 395,004 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

NICO Holdings Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore NICO Holdings‘s full profile, request access.

Request a free trial

NICO Holdings Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

NICO Holdings Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore NICO Holdings‘s full profile, request access.

Request a free trial

NICO Holdings Investments (3)

NICO Holdings’s most recent deal was a Secondary Transaction - Private with NBS Bank. The deal was made on 21-Feb-2018.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
NBS Bank 21-Feb-2018 Secondary Transaction - Private National Banks
Mwaiwathu Private Hospital Joint Venture Hospitals/Inpatient Services
NBS Bank PIPE National Banks
To view NICO Holdings’s complete investments history, request access »

NICO Holdings FAQs

  • When was NICO Holdings founded?

    NICO Holdings was founded in 1971.

  • Where is NICO Holdings headquartered?

    NICO Holdings is headquartered in Blantyre, Malawi.

  • What is the size of NICO Holdings?

    NICO Holdings has 25 total employees.

  • What industry is NICO Holdings in?

    NICO Holdings’s primary industry is Multi-line Insurance.

  • Is NICO Holdings a private or public company?

    NICO Holdings is a Public company.

  • What is NICO Holdings’s stock symbol?

    The ticker symbol for NICO Holdings is NICO.

  • What is the current stock price of NICO Holdings?

    As of 23-May-2025 the stock price of NICO Holdings is $0.45.

  • What is the current market cap of NICO Holdings?

    The current market capitalization of NICO Holdings is $467M.

  • What is NICO Holdings’s current revenue?

    The trailing twelve month revenue for NICO Holdings is $281M.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »