Network International Holdings Logo

Network International Holdings

ISIN

GB00BH3VJ782

Ticker

NIH

Sector

Financials

Sub-Industry

Transaction & Payment Processing Services

Country

United Kingdom

Year Founded

1994

About Network International Holdings

Company Description

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.

Headcount

1,953

Served Area

Worldwide

Headquarters

Network Building, Al Barsha 2
121208, Dubai
United Kingdom

Financial statements

Download as Excel
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.

Short Interest


Current short interest

Position Holder Short Interest in Percent Date
Sand Grove Capital Management LLP 0.65% 13.02.24
Total 0.65%

Capital Markets Information

ISIN

GB00BH3VJ782

LEI

213800XVRNKWENNLKK60

Industry Group

Financial Services

Listed Stock Exchange

London Stock Exchange

Stock Index

FTSE 250

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