Presight Reports AED 1.09 Billion In H1 Revenue, Marking An 80.2 Percent Increase Year-on-Year

Presight AI Holding, a leader in AI analytics and big data, has reported its financial results for the first half of 2025. The company achieved revenue of AED1.09 billion, marking an 80.2% increase from the previous year. Excluding AIQ's contribution, organic growth was 33.5%. EBITDA rose by 59.6% to AED245.5 million, while net profit increased by 18.8% to AED209.7 million.

In the second quarter alone, Presight's revenue reached AED523.9 million, a 53.5% rise year-on-year, with organic growth contributing 19.7%. Quarterly EBITDA grew by 45.5% to AED104.5 million, and net profit increased by 11.5% to AED89.7 million, reflecting the impact of a 15% corporate tax rate.

The company's international growth was driven by expansion in Africa, the Middle East, and Central Asia, which contributed 26.8% of Q2 revenue compared to just 4.9% last year. New orders worth AED304 million boosted performance, increasing the backlog to AED3.7 billion—more than triple last year's level.

Presight ended the period with AED2 billion in cash and no debt, providing strong flexibility for product innovation and expansion goals. Domestically, new contracts were signed with the UAE National Media Office and UAE Media Council.

The company also signed a strategic cooperation agreement with the Abu Dhabi Department of Energy to develop AD.WE, an AI-powered platform for managing energy and water expected to transform the UAE's utilities ecosystem.

Internationally, Presight advanced its strategic agenda in key regions like Malaysia and Uganda. In Malaysia, it signed an agreement supporting the government's "Madani AI" initiative for digital transformation acceleration.

Future Growth Projections

In Uganda, Presight is preparing to launch the National Digital Government Programme with the National Information Technology Authority. In Central Asia, it expanded its presence by opening an office in Astana and growing energy sector partnerships in Kazakhstan through its subsidiary AIQ.

The company has raised its medium-term financial guidance following strong H1 performance and a solid order book with growing multi-year contract revenue.

Presight now expects compound annual growth between 2023-2027 in group revenue to range from 21-27%, EBITDA growth between 17-22%, and post-tax profit growth between 7-12%, considering a 15% tax rate.

CEO's Insights on Growth Strategy

"The H1 results reflect continued growth both domestically and internationally," said Thomas Pramotedham, CEO of Presight.

The company's backlog has tripled compared to last year as it strengthens sovereign partnerships across key sectors through new contracts and strategic agreements.

Pramotedham added that international expansion into high-growth markets across the Middle East, Asia, and Africa remains central to Presight’s journey.

The company supports governments and major institutions in implementing solutions that enhance public service efficiency while driving economic diversification and improving national resilience.

With inputs from WAM