EasyLease Achieves AED 516 Million Revenue With 77% Growth In Nine Months

EasyLease PJSC, a subsidiary of IHC, has shown impressive financial results for the nine months ending 30th September 2025. Operating profit surged by 92% year-on-year to AED63 million, while revenue reached AED516 million, marking a 77% increase compared to the previous year. This growth was primarily driven by the core mobility and logistics segment.

The mobility and logistics sector played a crucial role in this financial success. Revenue from this segment rose to AED308 million, a 31% increase from the previous year. Profits in this area also grew significantly by 56%, reaching AED36 million. The demand for last-mile delivery services in e-commerce and food sectors contributed greatly to these figures.

EasyLease's active rental fleet expanded by 40% during the nine-month period ending on 30th September 2025. This growth was achieved through both organic expansion and strategic fleet additions targeting key customer segments. The steady utilisation rates of the expanded fleet have supported revenue growth while maintaining healthy unit economics.

The integration of Gallega Group Holdings DMCC has broadened EasyLease’s service offerings significantly. This integration has added depth in logistics, warehousing, and supply chain management, enabling cross-sector synergies and enhancing customer value. The expanded portfolio reflects EasyLease's ability to capture value across the mobility and logistics ecosystem.

Following the launch of United Trans Jordan, EasyLease continued to gain regional traction in Q3. This move reinforced their strategy to scale their integrated mobility platform across high-growth GCC markets. Their presence now extends across Saudi Arabia, Oman, Qatar, Kuwait, Bahrain, and Jordan.

Ahmad Al Sadah, CEO of EasyLease, stated: "Our consistent top-line expansion, driven by our operational model, demonstrates the strength of our diversified mobility platform. The integration of Gallega Group Holdings DMCC and expansion of our fleet underline our ability to capture value across the mobility and logistics ecosystem."

Financial Metrics

Net profit for EasyLease climbed by 71% to AED48 million during this period. EBITDA also saw a significant rise of 67%, reaching AED127 million. These figures reflect EasyLease’s disciplined execution and operational efficiency throughout the period.

The company's strong financial performance highlights its effective strategies in expanding its service offerings and geographical reach while maintaining operational efficiency. This positions EasyLease well for future growth opportunities within the region's dynamic market landscape.

With inputs from WAM