Network International Holdings
ISIN: GB00BH3VJ782 | Ticker: NIH | LEI: 213800XVRNKWENNLKK60
Country: United Kingdom
Network International Holdings is a cutting-edge technology and financial services provider based in Dubai, UAE. Established in 1994, the company has a strong reputation for providing secure and reliable payment solutions for its customers. Their network spans across the Middle East and Africa, providing financial institutions, merchants, and other businesses with innovative payment technology, payment processing, and high-quality support services.
The company is known for its expertise in digital payments, e-commerce, mobile payments, and cross-border remittances. They have significant experience in the payments industry, with a broad range of customers from different industries such as retail, hospitality, and government sectors.
1994
Served areaWorldwide
Headcount1,953
HeadquartersNetwork Building, Al Barsha 2, 121208 Dubai – United Kingdom
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 1,248,729,000.00 | 1,624,866,000.00 | 1,578,768,000.00 |
| Noncurrent Assets | N/A | 564,088,000.00 | 810,974,000.00 | 792,909,000.00 |
| Property Plant And Equipment | N/A | 50,285,000.00 | 59,584,000.00 | 58,148,000.00 |
| Goodwill | N/A | 262,609,000.00 | 496,695,000.00 | 495,782,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 188,523,000.00 | 243,081,000.00 | 229,216,000.00 |
| Investments In Associates | N/A | 59,808,000.00 | 0.00 | N/A |
| Deferred Tax Assets | N/A | 0.00 | 7,633,000.00 | 9,184,000.00 |
| Current Assets | N/A | 684,641,000.00 | 813,892,000.00 | 785,859,000.00 |
| Cash and cash equivalents | N/A | 398,781,000.00 | 270,345,000.00 | 234,402,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 0.00 | 4,347,000.00 | 0.00 |
| Equity And Liabilities | N/A | 1,248,729,000.00 | 1,624,866,000.00 | 1,578,768,000.00 |
| Equity | 238,706,000.00 | 497,962,000.00 | 612,413,000.00 | 627,682,000.00 |
| Issued Capital | N/A | 71,557,000.00 | 73,077,000.00 | 73,077,000.00 |
| Retained Earnings | N/A | 1,741,609,000.00 | 1,802,501,000.00 | 1,870,715,000.00 |
| Share Premium | N/A | 252,279,000.00 | 252,279,000.00 | 252,279,000.00 |
| Treasury Shares | N/A | N/A | 0.00 | 40,631,000.00 |
| Merger Reserve | N/A | 0.00 | 52,971,000.00 | 52,971,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 498,415,000.00 | 613,746,000.00 | 627,844,000.00 |
| Noncontrolling Interests | N/A | -453,000.00 | -1,333,000.00 | -162,000.00 |
| Noncurrent Liabilities | N/A | 392,446,000.00 | 381,468,000.00 | 302,006,000.00 |
| Deferred Tax Liabilities | N/A | 1,837,000.00 | 18,914,000.00 | 18,195,000.00 |
| Other Noncurrent Liabilities | N/A | 21,584,000.00 | 25,815,000.00 | 18,520,000.00 |
| Longterm Borrowings | N/A | 369,025,000.00 | 336,739,000.00 | 265,291,000.00 |
| Current Liabilities | N/A | 358,321,000.00 | 630,985,000.00 | 649,080,000.00 |
| Trade And Other Current Payables | N/A | 127,732,000.00 | 136,505,000.00 | 122,711,000.00 |
| Current Tax Liabilities Current | N/A | 0.00 | 8,826,000.00 | 5,232,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | 1,769,000.00 | 0.00 |
| Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 284,844,000.00 | 352,245,000.00 | 438,371,000.00 |
| Depreciation And Amortisation Expense | 51,537,000.00 | 60,958,000.00 | 71,429,000.00 |
| Profit Loss From Operating Activities | 39,020,000.00 | 67,833,000.00 | 107,174,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 5,820,000.00 | 4,694,000.00 | 0.00 |
| Profit Loss Before Tax | 10,302,000.00 | 63,384,000.00 | 93,436,000.00 |
| Income Tax Expense Continuing Operations | 4,704,000.00 | 6,826,000.00 | 13,332,000.00 |
| Profit (loss) | 5,598,000.00 | 56,558,000.00 | 80,104,000.00 |
| Profit Loss Attributable To Owners Of Parent | 6,155,000.00 | 57,438,000.00 | 80,129,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -557,000.00 | -880,000.00 | -25,000.00 |
| Line item in (usd) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | 5,598,000.00 | 56,558,000.00 | 80,104,000.00 |
| Adjustments For Income Tax Expense | 4,704,000.00 | 6,826,000.00 | 13,332,000.00 |
| Adjustments For Depreciation And Amortisation Expense | 51,537,000.00 | 60,958,000.00 | 71,429,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | 358,000.00 | 910,000.00 | -2,639,000.00 |
| Adjustments For Sharebased Payments | 4,070,000.00 | 4,518,000.00 | 5,952,000.00 |
| Adjustments For Undistributed Profits Of Associates | 5,820,000.00 | 4,694,000.00 | 0.00 |
| Cash Flows From Used In Operations | 88,214,000.00 | 86,107,000.00 | N/A |
| Interest Paid Classified As Operating Activities | 16,985,000.00 | 14,064,000.00 | 15,859,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | 6,058,000.00 | 4,842,000.00 | 8,773,000.00 |
| Cash Flows From Used In Operating Activities | 107,500,000.00 | 51,656,000.00 | 119,202,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 0.00 | 198,933,000.00 | 0.00 |
| Interest Received Classified As Investing Activities | 441,000.00 | 550,000.00 | 1,334,000.00 |
| Cash Flows From Used In Investing Activities | -49,038,000.00 | -178,913,000.00 | -59,744,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | 10,425,000.00 | 0.00 | 40,631,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | 415,000,000.00 | 0.00 | N/A |
| Repayments Of Borrowings Classified As Financing Activities | 328,751,000.00 | 0.00 | 73,368,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 4,620,000.00 | 5,051,000.00 | 6,261,000.00 |
| Cash Flows From Used In Financing Activities | 325,229,000.00 | -10,743,000.00 | -137,740,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -169,000.00 | -974,000.00 | -7,303,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 383,691,000.00 | -138,000,000.00 | -78,282,000.00 |
| Cash and cash equivalents | 398,781,000.00 | 270,345,000.00 | 234,402,000.00 |
Please note that some sums might not add up.
GB00BH3VJ782
LEI213800XVRNKWENNLKK60
SectorTransaction & Payment Processing Services
Listed Stock ExchangeFTSE 250
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