International Financial Advisors Holding Company

1. Company Overview & Earnings Context

International Financial Advisors Holding KSCP (IFA) reported a significantly lower Q1 2026 profitability compared to the prior year, mainly impacted by lower investment gains, higher finance costs, and impairment charges, despite continued contributions from treasury and investment activities.

The Group continues operating across treasury & investments, real estate, and other diversified investment activities.

2. Financial Performance Snapshot

• Total revenue & gains: AED 21.4M (KD 1.75M)

• Profit before taxation: AED 13.7M (KD 1.18M)

• Net profit: AED 13.7M (KD 1.18M)

• Profit attributable to shareholders: AED 12.9M (KD 1.11M)

• Basic & diluted EPS: AED 0.0040 (2.10 fils)

3. Operational Highlights & Key Metrics

• Investment portfolio:

• Investments at FVOCI: AED 596.3M

• Investments at FVTPL: AED 10.7M

• Investment in associates & joint venture: AED 870.5M

• Cash & liquidity:

• Cash & cash equivalents: AED 55.2M

• Total assets: AED 1.87B

• Total equity: AED 1.62B

• Borrowings: AED 250.3M

• Payables & other liabilities: AED 69.4M

• Treasury shares:

• Treasury shares value: AED 41.0M

• Segment performance:

• Treasury & investments segment income: AED 20.2M

• Real estate segment assets: AED 205.0M

4. Key Performance Drivers

• Lower gains from investments and treasury activities compared to prior year

• Higher finance costs during the quarter

• Impairment charges on investments in associates

• Continued contribution from treasury and investment portfolios

• Stable contribution from associates and joint venture investments

• Ongoing restructuring and settlement arrangements with related parties and lenders

5. Outlook & Forward Guidance

• Continued focus on:

• Managing investment portfolios and treasury operations

• Restructuring financing obligations and related-party settlements

• Optimizing investment holdings and associate investments

• Maintaining liquidity and capital position

• Management stated that geopolitical developments in the Middle East increased market volatility, although no material financial statement adjustments were required as of the reporting date

• The Group continues evaluating the fair value and restructuring of certain subsidiary and related-party investments

6. 🧾 Investor Takeaway

IFA reported lower Q1 2026 profitability compared to the prior year, impacted by weaker investment gains, higher finance costs, and impairment charges, while maintaining a sizeable investment portfolio, strong equity base, and continued exposure to treasury, investment, and real estate activities.