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Earnings Report

Presight AI Holding

Q1 26 NEUTRAL LOW Impact

1. Company Overview & Earnings Context

Presight AI Holding PLC reported its Q1 2026 results, delivering strong double-digit growth across revenue, EBITDA, and profitability, supported by momentum in sovereign AI, smart city platforms, and international expansion.

2. Financial Performance Snapshot

  • Revenue: AED 689.0M (+22.2% YoY)

  • EBITDA: AED 159.0M (+12.7% YoY)

  • EBITDA margin: 23.1%

  • Profit before tax: AED 157.5M (+11.8% YoY)

  • Net profit: AED 133.8M (+11.5% YoY)

  • Earnings per share (EPS): AED 0.021

3. Operational Highlights & Key Metrics

  • International revenue: AED 206.9M (+63% YoY) → 30% of total revenue

  • Domestic revenue: AED 482.1M

  • Multi-year contracts: 95.7% of revenue

  • Backlog contracts: 82.9% of revenue

  • Order backlog:

    • AED 3.1B at Q1-end

    • Increased to AED 4.9B proforma backlog after renewals

  • Balance sheet & liquidity:

    • Cash & equivalents: AED 2.0B

    • Debt: None (debt-free balance sheet)

  • AIQ contribution:

    • Revenue contribution: AED 205.3M

    • EBITDA contribution: AED 51.9M

4. Key Performance Drivers

  • Strong execution of sovereign AI and digital transformation contracts

  • Rapid international expansion, particularly across emerging markets

  • Growing demand for secure sovereign AI infrastructure and platforms

  • Contribution from AIQ, supporting revenue diversification

  • High proportion of multi-year contracts, improving revenue visibility

5. Outlook & Forward Guidance

  • Medium-term guidance maintained (2025–2029):

    • Revenue CAGR: 20%–25%

    • EBITDA CAGR: 23%–28%

    • Profit after tax CAGR: 21%–26%

  • Continued focus on:

    • Expanding sovereign AI and smart city deployments

    • Scaling international operations across Africa, Central Asia, and Europe

    • Enhancing AI infrastructure and sovereign compute capabilities

  • Positioned to benefit from:

    • Increasing government AI adoption

    • UAE-US AI collaboration and infrastructure investments

6. 🧾 Investor Takeaway

Presight delivered a strong Q1 2026 with robust revenue growth, expanding international exposure, and strong backlog visibility, reinforcing its position as a leading sovereign AI and applied intelligence platform with scalable long-term growth opportunities.