Market: Abu Dhabi Symbol: BAYANAT ISIN: AEE01122B228 Industry: AI and Technology

Bayanat AI PLC, a public company limited by shares incorporated in the Abu Dhabi Global Market acts as a holding company for its operating subsidiary, Bayanat GIQ PJSC (“Bayanat”). Bayanat was established on 4 February 2008 and initially focused on geographical information systems (“GIS”). Bayanat later expanded into geospatial and data analytics/ artificial intelligence (“AI”), leveraging its trusted, high-quality data to provide products and solutions to the most discerning customers. Bayanat became a subsidiary of Mubadala in 2011 and, in 2016, became a division of Emirates Defence Industries Company (“EDIC”). In 2020, Bayanat was acquired by G42 - an Abu Dhabi based global leader in AI and cloud computing focused on exploring the full potential of AI as a tool to drive change across industries and businesses. The integration of Bayanat’s geospatial expertise and G42’s AI capabilities created a synergized geospatial intelligence (“GIQ”) competency that is leveraging the diverse internal ecosystem of G42.

Share data 27/11/2023
Currency AED Volume 2,577,551
Previous Close 3.64 Number of Shares (Mn) 257.14
Change (%) -1.36 Market Cap (Mn) 936.00
Key Figures 2020 2021 2022
Income Statement (AEDK)      
247,751 366,665 788,345
Gross Profit 113,992 176,353 319,453
76,700 104,699 212,150
Profit attributable to Equity SH 70,036 96,287 202,292
Balance sheet (AEDK)      
Total Assets 229,943 474,425 1,491,565
Total Equity 92,151 255,438 1,081,682
Total Liabilities 137,792 218,987 409,883
Cash flows (AEDK)      
Net cash : operating activity 21,296 -6,355 108,197
Net cash : investing activity -2,548 -9,410 -9,616
Net cash : financing activity - 53,790 164,165