Presight record H1 revenue exceeds AED 1 billion
ADX-listed big data analytics and AI company reports 80% revenue growth
#UAE #results - Abu Dhabi-based Presight AI Holding Plc (ADX: PRESIGHT) has reported record first-half revenue of AED 1.09 billion ($300m), with 80.2% year-on-year growth as international expansion accelerates alongside a strong domestic market. The ADX-listed big data analytics firm achieved AED 245.5 million ($66.84) EBITDA with 59.6% growth, whilst international revenue reached 26.8% of Q2 totals compared to 4.9% previously, supported by strategic partnerships in Kazakhstan, Malaysia and Uganda and a AED 3.7 billion ($1.01b) order backlog that has tripled from previous year levels.
SO WHAT? - Presight's billion-dirham revenue milestone establishes the company as a significant player in the global AI sector and as the UAE’s flagship listed AI enterprise. The record H1 2025 performance showing 80% revenue growth follows the highly successful Q1 financial results announced in May. The first half performance is evidence of Presight’s continuing success in signing strategic government and public sector deals internationally and in developing and expanding its portfolio of AI platforms and solutions.
Here are some key points about the H1 2025 announcement:
G42 Group company Presight AI Holding Plc (ADX: PRESIGHT) has reported record first-half revenue of AED 1.09 billion ($300m), showing 80.2% year-on-year growth as international expansion accelerates, and the domestic market continues to provide new opportunities.
Presight’s organic revenue - excluding the contribution of energy-focused AI subsidiary AIQ - grew 33.5% and EBITDA increased 59.6% to AED 245.5 million ($66.84).
The AI company’s second quarter performance delivered AED 523.9 million ($142.64) revenue with 53.5% growth compared to Q2 2024, while international markets contributed 26.8% of quarterly revenue, significantly up from 4.9% in the previous year period.
New orders totaling AED 304 million ($82.77) strengthened the company's backlog to AED 3.7 billion ($1.01b), more than triple previous year levels, whilst maintaining AED 2.0 billion ($540m) cash reserves and an unlevered balance sheet for expansion funding.
Domestic expansion includes new contracts with UAE National Media Office and UAE Media Council, plus a strategic cooperation agreement with Abu Dhabi Department of Energy to develop AD.WE, an AI-powered energy and water management platform.
International growth icludes landmark agreements in Malaysia supporting the government's MMAI Technologies (Malaysia Madani Artificial Intelligence), Uganda's national digital government programme collaboration with the National Information Technology Authority, and Central Asian expansion through a new Astana office.
Presight upgraded medium-term financial outlook through 2027, targeting compound annual revenue growth of 21-27% (previously 19-25%) and EBITDA growth of 17-22% (previously 16-21%) based on multi-year contract momentum.
Recent strategic initiatives include AI-Policing Suite deployment with Abu Dhabi Police, a joint venture with UAE Central Bank for sovereign financial technology solutions, and partnership with Dow Jones for AI-driven risk and compliance solutions targeting global financial institutions.
Majority-owned by Abu Dhabi-based G42, Presight combines big data analytics and artificial intelligence expertise to serve public and private sectors, focusing on insight-driven decision-making for policy development and societal impact across multiple markets.
ANALYSIS - Presight's H1 2025 performance shows dramatic acceleration compared to H1 2024 results, with revenue growth jumping from 17.4% to 80.2% year-on-year whilst absolute revenue nearly doubled from AED 603.5 million ($164.31m) to AED 1.09 billion ($300m). EBITDA growth similarly accelerated from 25.8% in H1 2024 to 59.6% in H1 2025, rising from AED 153.9 million ($41.9m) to AED 245.5 million ($66.84m). The transformation reflects progress across all aspects of the company, including aggressive international expansion (in particular in the Balkans and Central Asia), and the maturation of multi-year government contracts. The expanded global footprint of the company and successive public sector wins have fundamentally changed the company's growth trajectory and market positioning.
[Written and edited with the assistance of AI]
Read more related to this H1 2025 results:
Presight partners Abu Dhabi Police for AI (Middle East AI News)
UAE central bank, Presight form AI fintech joint venture (Middle East AI News)
Kazakhstan unveils first national supercomputer (Middle East AI News)
Malaysia signs strategic AI agreement with Presight (Middle East AI News)
Presight to develop smart platform for UAE Media Council (Middle East AI News)
UAE to develop AI to transform national media strategy (Middle East AI News)
Presight opens Central Asia hub in Kazakh capital Astana (Middle East AI News)
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