Market: Abu Dhabi Symbol: Space42 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 12/12/2024
Currency AED Volume 997,825
Previous Close 2.03 Number of Shares (Bn) 25.71
Change (%) -0.49 Market Cap (Bn) 52.20
Key Figures 2021 2022 2023
Income Statement (AEDK)      
Revenue
366,665 788,345 1,159,600
Gross Profit 176,353 319,453 355,220
EBITDA 104,699 212,150 220,090
Profit attributable to Equity SH 96,287 202,292 232,379
Balance Sheet (AEDK)      
Total Assets 474,425 1,491,565 1,982,035
Total Equity 255,438 1,081,682 1,315,007
Total Liabilities 218,987 409,883 667,027
Cash Flows (AEDK)      
Net cash : operating activity (6,355) 108,197 133,665
Net cash : investing activity (9,410) (9,616) (182,080)
Net cash : financing activity 53,790 164,165 490,957