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Home Technology Presight reports record growth as revenues surpass $272.26 million in H1 2025

Presight reports record growth as revenues surpass $272.26 million in H1 2025

In the second quarter alone, Presight's revenue reached AED523.9 million, a 53.5 percent increase
Presight reports record growth as revenues surpass $272.26 million in H1 2025
International markets contributed 26.8 percent of Q2 revenue, up significantly from 4.9 percent in the same period last year

Presight AI Holding announced today its financial and operational results for the first half of 2025, highlighting strong performance fueled by continued domestic growth and international expansion.

Presight reported AED1.09 billion ($296.76 million) in revenue for the first half of 2025, marking an 80.2 percent increase year-on-year. Organic revenue, excluding the contribution from AIQ, grew by 33.5 percent. Meanwhile, EBITDA rose 59.6 percent to AED245.5 million, while net profit increased 18.8 percent to AED209.7 million.

Presight grows international market contributions

In the second quarter alone, Presight’s revenue reached AED523.9 million, a 53.5 percent increase compared to Q2 2024, with organic growth accounting for 19.7 percent. Quarterly, EBITDA rose 45.5 percent year-on-year to AED104.5 million, and net profit grew 11.5 percent to AED89.7 million, reflecting the impact of the 15 percent corporate tax rate.

International markets contributed 26.8 percent of Q2 revenue, up significantly from 4.9 percent in the same period last year.

“Our first-half performance demonstrates that Presight continues to grow both domestically and internationally. Our backlog is three times larger than it was a year ago, and our sovereign partnerships continue to deepen. Our journey as a key AI and digital transformation partner across the UAE federal government and state-owned enterprises continued at pace, with new contract wins and landmark agreements across key growth sectors,” said Thomas Pramotedham, CEO of Presight.

Company’s backlog more than triples to AED3.7 billion

New orders totalling AED304 million further strengthened Presight’s performance, bringing the company’s backlog to AED3.7 billion, more than triple the level from the previous year. Presight closed the period with AED2.0 billion in cash and maintained an unlevered balance sheet, providing ample flexibility to fund product innovation and targeted expansion.

“Our international expansion across high-growth markets in the Middle East, Asia and Africa, where we support governments and large enterprises to deploy solutions which optimize public service delivery, drive economic diversification and enhance national resilience, continues to be a material part of our growth trajectory,” added Pramotedham.

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Presight upgrades outlook and guidance

“With disciplined execution, new AI platforms coming to market and a deep pool of talent, we are on track to meet our commercial objectives and to compete on a global stage,” the CEO noted.

With the performance in the first half of 2025, together with a robust order backlog and a growing proportion of revenues from multi-year contracts, Presight has upgraded its medium-term financial outlook.

It now anticipates compound annual growth between 2023 and 2027 across key metrics. Group revenue growth is expected between 21 percent and 27 percent.

Group EBITDA growth is expected between 17 percent and 22 percent, while post-tax profit growth is set to reach 7-12 percent, applying a 15 percent corporation tax rate.

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