Also trades as: NED.JO (JNB) · $vol 23M

$16.95

-0.56 (-3.20%)

Weekly Expected Move ±2.2%

$16 $17 $17 $17 $18

OTC · Financial Services · Banks - Regional · Tech Score Sell · Power 46 · $7.7B mcap · 412M float · 0.0000% daily turnover · Short 47% of daily vol

Revenue

$160.2B +137.3% ▲

5Y CAGR: +31.9%

Gross Profit

$72.5B +7.4% ▲

5Y CAGR: +12.5%

Operating Income

$14.2B -52.8% ▼

5Y CAGR: -18.1%

Net Income

$9.2B -49.8% ▼

5Y CAGR: +21.5%

EPS (Diluted)

$16.39 -53.4% ▼

5Y CAGR: +18.2%

EBITDA

$15.1B +0.0% ▲

5Y CAGR: +7.9%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$51.6B	$106.7B	$61.0B	$67.5B	$160.2B
YoY Growth	+28.5%	+106.7%	-42.9%	+10.7%	+137.3%
Cost of Revenue	$34.1B	$47.7B	$0	$0	$87.7B
Gross Profit	$51.6B	$59.0B	$61.0B	$67.5B	$72.5B
Gross Margin	100.0%	55.3%	100.0%	100.0%	45.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.6B	$1.8B	$3.8B	$1.6B	$1.8B
Operating Expenses	$37.1B	$39.2B	$3.8B	$37.4B	$54.9B
Operating Income	$49.5B	$52.8B	$57.1B	$30.1B	$14.2B
Operating Margin	95.8%	49.5%	93.7%	44.5%	8.9%
Interest Expense	$34.1B	$47.7B	$76.9B	$84.0B	$81.2B
Income Before Tax	$16.4B	$19.7B	$21.4B	$23.2B	$13.0B
Tax Expense	$4.0B	$4.3B	$4.4B	$4.7B	$4.8B
Net Income	$12.3B	$15.3B	$15.3B	$18.3B	$9.2B
Net Margin	23.8%	14.3%	25.1%	27.1%	5.7%
EPS (Diluted)	$22.71	$28.54	$31.28	$35.17	$16.39
EBITDA	$20.9B	$23.8B	$24.1B	$0	$15.1B
Shares Outstanding	495M	501M	489M	466M	28M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$64.9B	$72.1B	$31.8B	$15.5B	$34.4B	$32.6B	$82.2B	$84.9B
Cost of Revenue	$49.0B	$0	$0	-$15.5B	$15.5B	$0	$43.3B	$46.2B
Gross Profit	$15.9B	$72.1B	-$11.2B	$31.1B	$36.4B	$32.6B	$38.9B	$38.7B
Gross Margin	24.5%	100.0%	-35.2%	200.0%	105.9%	100.0%	47.3%	45.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$1.7B	$0	$1.9B	$62.5B	$2.7B	$0	$10.0B	$12.9B
Operating Expenses	$10.3B	$7.5B	$2.8B	$0	$2.7B	$0	$35.1B	$27.3B
Operating Income	$5.1B	$5.2B	$51.9B	$15.5B	$14.5B	$32.6B	$3.9B	$33.8B
Operating Margin	7.9%	7.2%	163.3%	100.0%	42.2%	100.0%	4.7%	39.8%
Interest Expense	$7.6B	$7.5B	$10.2B	$9.2B	$74.8B	$0	$40.6B	$39.6B
Income Before Tax	$9.8B	$9.6B	$11.9B	$5.4B	$17.8B	$10.4B	$3.8B	$11.4B
Tax Expense	$2.1B	$2.3B	$2.2B	$1.1B	$3.7B	$2.2B	$2.6B	$2.4B
Net Income	$7.5B	$7.4B	$8.1B	$4.0B	$14.4B	$7.3B	$1.2B	$9.3B
Net Margin	11.5%	10.2%	25.4%	25.5%	41.8%	22.5%	1.4%	10.9%
EPS (Diluted)	$14.75	$14.76	$16.52	$8.25	$27.85	$15.38	$1.02	$18.50
EBITDA	$11.3B	$10.9B	$12.6B	-$385M	$385M	$0	$5.9B	$12.5B
Shares Outstanding	502M	496M	483M	479M	466M	477M	27M	28M

NDBKF OTC