NIC Holdings's earnings have been declining at an average annual rate of -49.9%, while the Insurance industry saw earnings growing at 25.1% annually. Revenues have been growing at an average rate of 10.9% per year.
Key information
-49.89%
Earnings growth rate
-49.72%
EPS growth rate
Insurance Industry Growth
7.60%
Revenue growth rate
10.88%
Return on equity
-6.41%
Net Margin
-6.10%
Last Earnings Update
30 Jun 2025
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NIC Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
UGSE:NIC Revenue, expenses and earnings (UGX Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 25
42,609
-2,597
620
0
31 Mar 25
41,322
-1,060
620
0
31 Dec 24
40,035
477
620
0
31 Dec 23
36,841
-2,379
735
0
31 Dec 22
35,761
3,353
1,030
0
31 Dec 21
19,996
3,221
11,625
0
31 Dec 20
16,828
1,909
12,777
0
31 Dec 19
14,661
-2,696
14,853
0
31 Dec 18
14,034
-1,911
13,669
0
30 Sep 18
14,075
152
11,235
0
30 Jun 18
12,785
802
8,824
0
31 Mar 18
12,747
1,399
8,370
0
31 Dec 17
12,815
3,408
11,044
0
30 Sep 17
12,799
1,230
7,091
0
30 Jun 17
12,890
464
6,267
0
31 Mar 17
12,080
701
6,139
0
31 Dec 16
11,269
937
6,011
0
31 Dec 15
7,561
1,921
7,010
0
Quality Earnings: NIC is currently unprofitable.
Growing Profit Margin: NIC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NIC is unprofitable, and losses have increased over the past 5 years at a rate of 49.9% per year.
Accelerating Growth: Unable to compare NIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NIC is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (9.6%).
Return on Equity
High ROE: NIC has a negative Return on Equity (-6.41%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/13 19:29
End of Day Share Price
2026/05/13 00:00
Earnings
2025/06/30
Annual Earnings
2024/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NIC Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.