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Presight reports AED713.2 million in Q2 revenue
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UrduPoint News
In Q2-2026, Presight reported revenue growth of 36.1 percent year-on-year to AED713.2 million, while EBITDA rose 37.4 percent to AED143.7 million and profit after tax was up 30.2 percent to AED116.8 million.
For the first half of 2026, Presight’s revenue increased 28.9 percent year-on-year to AED1.4 billion, EBITDA rose 23.2 percent to AED302.7 million, while profit after tax increased 19.5 percent to AED250.7 million.
Thomas Pramotedham, Chief Executive Officer of Presight, said the company's strong Q2 and first-half performance demonstrates the strength and durability of its growth model amidst a dynamic operating environment.
Presight’s revenue base remained highly visible and resilient, with multi-year contracts accounting for 93.5 percent of Q2 revenue and backlog standing at AED4.9 billion at 30th June 2026.
For the 2025–2029 period, Presight targets revenue CAGR of 20–25 percent, EBITDA CAGR of 23–28 percent and profit after tax CAGR of 21–26 percent.