Presight AI (PRESIGHT) Investor presentation summary

Company overview and market position

• Leading AI-powered big data analytics provider with a global footprint across 17+ countries and 4 continents, serving governments, financial institutions, and enterprises.

• Listed on ADX in March 2023 with a market capitalization of ~$4B and over 520 employees, 80% of whom are technical specialists.

• Recognized for mission-critical solutions, proprietary technology, and strong B2G relationships, with a scalable, capex-light business model.

• Early mover in digital transformation, leveraging the G42 ecosystem and global technology partnerships.

• Holds intellectual property rights to flagship solutions and processes over 30-50TB of data daily.

Strategic roadmap and growth drivers

• Focused on public services, energy & utilities, finance, smart cities, and education, with expansion into enterprise and generative AI verticals.

• Medium-term strategy includes organic growth, international expansion, and value-accretive M&A, notably the acquisition of a 51% stake in AIQ.

• Partnerships and JVs with global leaders (e.g., Microsoft, Dell, Intel, Samruk-Kazyna) to accelerate digital transformation and AI adoption.

• Strong order book with AED 1.6bn multi-year orders in FY 2023 and AED 1.4bn backlog as of July 2024.

• Investment in generative AI and enterprise-level solutions to support large-scale deployment.

Financial performance and outlook

• Revenue CAGR of 15.5% (2021-2023), with FY 2023 revenue at AED 1,780.6M and net profit growth of 5.1% YoY.

• H1 2024 revenue up 17.4% YoY, EBITDA up 25.8%, and pre-tax profit up 39.1%.

• Over 90% of FY 2023 revenues from multi-year contracts, providing predictable cash flows.

• Medium-term guidance targets 17-23% net profit CAGR and 15-20% EBITDA CAGR (2023-2027), with public services and energy as key growth sectors.

• Robust, debt-free balance sheet supports future growth and international expansion.