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13/08/2025 05:50 AST
Abu Dhabi-listed Presight AI Holding Plc reported Dh1.09 billion in revenue for the first half of 2025, an 80.2% increase from the same period last year, driven by domestic growth and higher contributions from international markets.
Excluding the contribution from AIQ, organic revenue rose 33.5% year-on-year. EBITDA for the period increased 59.6% to Dh245.5 million, while net profit grew 18.8% to Dh209.7 million.
In the second quarter, Presight posted Dh523.9 million in revenue, up 53.5% from Q2 2024. Organic growth accounted for 19.7% of that total. Quarterly EBITDA rose 45.5% to Dh104.5 million, while net profit increased 11.5% to Dh89.7 million, reflecting the impact of the UAE's 15% corporate tax rate.
International revenue accounted for 26.8% of Q2 sales, compared with 4.9% in the same quarter a year earlier.
The company reported Dh304 million in new orders during the quarter, taking its order backlog to Dh3.7 billion - more than triple the level from the previous year. Presight ended the period with Dh2 billion in cash and no debt.
Gulfnews
04/09/2025
Artificial intelligence firm G42 will sell a 2% stake in Presight AI Holding Plc through an accelerated offering to institutional investors, a move that could raise about $100 million and expand the
Gulfnews
18/08/2025
Presight, a leading global AI and big data analytics company based in Abu Dhabi, has announced that it has signed an MoU with Dow Jones Factiva, a trusted source of regulatory-grade risk intelligence
Trade Arabia
| Ticker | Price | Volume |
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03/10/2025
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region.
Soon to be available exclusively in the
Trade Arabia
03/10/2025
Aluminium Bahrain (Alba) was honoured with the RoSPA President's Award during the Royal Society for the Prevention of Accidents (RoSPA) Safety Summit 2025.
The event was held in partnership
Trade Arabia
03/10/2025
In a move reflecting its commitment to a smarter and more agile investment future, National Investments Company has signed a strategic agreement to develop and implement an integrated Artificial Inte
Kuwait Times
03/10/2025
International Holding Company (IHC), the Abu Dhabi-based global investment firm, has announced a $1 billion (INR88.55 billion) investment in India's Sammaan Capital Limited, one of the country's larg
Gulfnews
03/10/2025
Elegancia Catering, a subsidiary of Estithmar Holding Q.P.S.C., signed an MoU this morning in Damascus with Urbacon Airports to establish a central production unit for catering services at Damascus I
The Peninsula
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