External broker reports(aggregated public sources), International Securities

International Securities

External broker reports(aggregated public sources)

International Securities’ equity research analysis and advisory have been a vital source of market intelligence for our distinguished clients over the years. The equity research team’s main objective is to cover listed equities and to provide thoughtful, insightful, differentiated and timely research that can help clients make informed decisions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Revenue up 115% YoY to AED564mn (+132% vs estimate)</li><li>EBITDA up 72% YoY to AED141mn (+11% vs estimate)</li><li>Profit before tax up 33% YoY to AED141mn (+7% vs estimates) </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Revenue up 115% YoY to AED564mn (+132% vs estimate)EBITDA up 72% YoY to AED141mn (+11% vs estimate)Profit before tax up 33% YoY to AED141mn (+7% vs estimates) Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Presight - 1Q25 Net Profit up 25% YoY on Higher Revenue Despite Higher Taxes, Above Our Estimate

<ul><li>Revenue up 46.2% YoY to AED1.04bn (+84% QoQ; -3% vs estimate)</li><li>EBITDA up 32.3% YoY to AED366mn (+2.4x QoQ, +18.6% vs estimates)</li><li>Profit before tax up 19.7% YoY to AED360mn (+2x QoQ; +15.2% vs estimates)</li><li>Profit after tax up 8.9% YoY to AED327mn(+2x QoQ; +15.1 vs estimates)</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Revenue up 46.2% YoY to AED1.04bn (+84% QoQ; -3% vs estimate)EBITDA up 32.3% YoY to AED366mn (+2.4x QoQ, +18.6% vs estimates)Profit before tax up 19.7% YoY to AED360mn (+2x QoQ; +15.2% vs estimates)Profit after tax up 8.9% YoY to AED327mn(+2x QoQ; +15.1 vs estimates)Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Presight AI Holding - 4Q24 Net Profit up 8.9% YoY (+2x QoQ), Above Our Estimates on Higher Margins

Thematic (Sector/Industry)

<ul><li>We expect ADNOC Drilling to post 1Q25e core attributable profit of USD338mn, up 23% YoY but down 3% QoQ.</li><li>In 4Q24, the company booked a one-off positive phasing impact of USD50mn which is excluded from our analysis when calculating core profits to ensure a like for like comparison. </li><li>We expect total rig count to increase to 142 rigs, in line with 4Q24, but up from 137 rigs in 1Q24.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We expect ADNOC Drilling to post 1Q25e core attributable profit of USD338mn, up 23% YoY but down 3% QoQ.In 4Q24, the company booked a one-off positive phasing impact of USD50mn which is excluded from our analysis when calculating core profits to ensure a like for like comparison. We expect total rig count to increase to 142 rigs, in line with 4Q24, but up from 137 rigs in 1Q24.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

1Q25 Quarterly Result Previews - 24 April 2025

United Arab Emirates

Presight AI Holding PLC operates as a data analytics company. The Company offers platform for analytics-driven and predictive decision making. Presight AI Holding serves customers worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Presight AI Holding (PRESIGHT UH)

Presight - 1Q25 Net Profit up 25% YoY on Higher Revenue Despite Higher Taxes, Above Our Estimate

Revenue up 115% YoY to AED564mn (+132% vs estimate). EBITDA up 72% YoY to AED141mn (+11% vs estimate). Profit before tax up 33% YoY to AED141mn...

International Securities

Presight AI Holding - 4Q24 Net Profit up 8.9% YoY (+2x QoQ), Above Our Estimates on Higher Margins

Revenue up 46.2% YoY to AED1.04bn (+84% QoQ; -3% vs estimate). EBITDA up 32.3% YoY to AED366mn (+2.4x QoQ, +18.6% vs estimates)

International Securities

1Q25 Quarterly Result Previews - 24 April 2025

In 4Q24, the company booked a one-off positive phasing impact of USD50mn which is excluded from our analysis when calculating core profits to...

International Securities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)