210 million dirhams, net profits announced to"Malateli Group" In the first quarter 2025
Abu Dhabi, April 28/ WAM/ Motagblay Group, the Abu Dhabi -based investment investment company, announced its financial results for the first quarter of 2025, which showed the group’s registration for a net profit, with the exception of changes in fair value, amounted to 572 million dirhams before calculating interest, taxes, depreciation and debt consumption, with a growth of 19% compared to the same period last year (482 million dirhams in The first quarter of 2024).
This growth came in profits driven by strong performance across the various business sectors, as the net profit reached 210 million dirhams.
The group focuses, within its basic operational portfolio, on enhancing the aspects of synergy and integration between companies affiliated with each sector, while giving priority to accelerate the pace of digital transformation and raise the level of operational efficiency, which is reflected in the continuation of the achievement of strong and sustainable growth in revenues.
The revenues of the “Mustablay Group” increased by 50% on an annual basis to reach 585 million dirhams, driven by growth across the various vertical sectors, as well as the merging of “The Groming Companible Holding”, and the “Exlence Center for driving education”, in addition to the full integration of “Back Light Media” during the quarter of the year.
The mixed total profit margin maintained a strong level of 49%, which reflects the continuity of profitability across the basic operating sectors.
The net profit from subsidiaries increased by 26%, driven by the growth of net profits in the health and beauty sector by more than 120%, and the increase in net profits in the media and communication sector by 38%, as a result of organic and non -organic growth.
On the other hand, the share of losses from the Calion joint project increased to 25 million dirhams in the first quarter 2025 compared to 14 million dirhams in the first quarter of 2024, as a result of the application of excessive inflationary accounting, and the consumption of deferred tax assets.
The group’s public budget also maintained its strength with a cash balance of 1.73 billion dirhams. The group reaffirmed the effectiveness of its long -term strategy by building a variety of powerful assets within the basic operating sectors, as well as investing in promising assets under the arm of “Mustablay+” to achieve returns with a growth of two Khan.
In the context of the “Mustablay+” arm, the General Finance Portfolio closed the quarter with a market value of 32 billion dirhams, compared to an initial investment of 15 billion dirhams.
Despite the impact of market fluctuations on the fair value of some assets, the general performance of the wallet maintained its strength, as well as the continued possibilities of the targeted investments in the long term. Samia Bouazza, the CEO of the group and the general manager, said: “The growth of profits reflects before calculating interest, taxes, destruction and consumption of debt by 19% during this quarter of the progress we made, and the pioneering exceptional location that our business enjoys at the market level.
In a new step, the group set Mai as an artificial backed board of directors, reflecting the group’s commitment to employing technology to enhance transparency, consolidate moral leadership, and support strategic growth. ”
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