Presight AI (PRESIGHT) Q2 2026 earnings summary

Executive summary

• Achieved strong growth in Q2 2026, with significant contract wins in both domestic and international markets, supporting AI-driven government and enterprise solutions.

• Expanded presence in high-growth international markets, securing major contracts and partnerships across the Middle East, Asia, Africa, and Europe.

• Supported subsidiary AIQ in broadening its installed base, including new contracts in the UAE, India, and Oman, with substantial value generation anticipated.

• Group operates primarily in artificial intelligence, machine learning, data analytics, and hosting.

• Reviewed interim financials for the six months ended 30 June 2026, prepared in accordance with IAS 34; no audit opinion expressed, but no material misstatements found.

Financial highlights

• Q2 2026 group revenue reached AED 524M, up from AED 341M in Q2 2024, a 2-year CAGR of 44.5%.

• H1 2026 group revenue totaled AED 1,402.2M, up from AED 1,087.8M year-over-year.

• Q2 2026 group EBITDA was AED 104M, up from AED 72M in Q2 2024, a 2-year CAGR of 41.5%.

• Net profit after tax for H1 2026 was AED 250.7M, up from AED 209.7M year-over-year.

• Cash and cash equivalents at period end: AED 2,004.9M.

Outlook and guidance

• Medium-term guidance targets 20–25% CAGR in group revenue and 23–28% CAGR in EBITDA from 2025–2029.

• Over 90% of forecast revenue growth expected from multi-year contracts.

• Management is monitoring heightened geopolitical risks in the Middle East but reports no operational disruptions as of the reporting date.