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5/15/25, 9:38 AM Al Ansari Financial Services Reports AED 109 Million Net Profit in Q1 2025, Up 10% Year-on-Year
Business
May 14, 2025 202 20
Al Ansari Financial Services Reports AED 109 Million Net
Profit In Q1 2025, Up 10% Year-On-Year
Al Ansari Financial Services PJSC (DFM: ALANSARI), the largest non-banking financial services provider in the GCC, has
announced a 10% year-on-year (YoY) increase in net profit after tax, reaching AED 109 million in Q1 2025. This growth was
driven by a solid performance across all business lines, supported by robust operating income and continued investment in
digital transformation.
The Group’s operating income grew by 7% YoY to AED 294 million, while EBITDA increased by 13% to AED 138 million,
with a healthy EBITDA margin of 46.8%, up from 44.6% in Q1 2024. Free cash flow rose 15% YoY to AED 132.6 million.
Al Ansari also recorded a 16% increase in digital transactions, which now account for 24% of all outward remittances,
reflecting rising adoption of the Group’s online and mobile platforms. The number of total transactions reached 12.5 million, up
by 1% YoY, while Wage Protection System (WPS) salary disbursals surged 27% YoY, reaching 2.5 million.
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