| Market: Abu Dhabi | Symbol: AlefEdT | ISIN: AEE01388A243 | Industry: Technology |
Established in 2016, Alef Education is an award-winning AI-powered learning solutions provider based in Abu Dhabi that integrates technology, data analytics, and pedagogy to redefine teaching and learning experiences across K-12 education. Alef Education is deeply embedded in the Abu Dhabi education landscape and serves all public schools through its personalised learning platforms and digital content.
Globally recognised for its innovative approach to education, Alef Education has expanded internationally, leveraging its proven success in improving educational outcomes, addressing the diverse learning needs of students and empowering educators with practical tools for instruction and assessment.
| KEY FIGURES (AED'000) | 2021 | 2022 | 2023 |
| Financial Highlights | |||
| Adjusted EBITDA | 396,486 | 475,779 | 489,168 |
| Adjusted net profit | 359,257 | 436,977 | 454,914 |
| Adjusted EBITDA margin (%) | 59.41 | 61.57 | 65.26 |
| Adjusted net profit margin (%) | 53.83 | 56.55 | 60.69 |
| Statement of Comprehensive Income | |||
| Revenue from contracts with customers | 667,359 | 772,693 | 749,525 |
| Operating profit for the year | 359,257 | 436,977 | 454,914 |
| Profit for the year | 427,151 | 675,095 | 586,408 |
| Statement of Financial Position | |||
| Total assets | 975,872 | 1,654,783 | 621,821 |
| Total equity | 885,012 | 1,560,108 | 514,420 |
| Total liabilities | 90,860 | 94,675 | 107,401 |
| Statement of Cash Flows | |||
| Net cash (used in) generated from operating activities | 250,795 | 496,001 | 477,515 |
| Net cash (used in) generated from investing activities | (468,035) | (530,320) | 625,182 |
| Net cash generated from (used in) financing activities | (1,151) | 172 | (1,012,361) |
Supplied by ©
