Pressite records 713.2M dirhams in Q2 2026 revenue
Persaite AI Holding Company announced its financial results for the second quarter and the first half of 2026, recording strong growth in revenues and profits despite changing regional operating conditions. The company achieved a record-breaking revenue of 713.2 million AED in the second quarter, representing a 36.1% annual increase, while EBITDA rose by 37.4% to 143.7 million AED. Net profit after tax also grew by 30.2%, reaching 116.8 million AED. Globally, the company’s international revenues increased by 19.1% in the second quarter and 39.9% for the first half, driven by projects in Kazakhstan, Albania, Jordan, and Africa, with expectations of further expansion in the coming years. The company is focused on developing AI solutions and expanding its international presence, with projected high annual growth rates between 20% and 28% from 2025 to 2029, supported by strong financial reserves and a debt-free position.
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