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Presight AI generates nearly $116m profits to shareholders in 2022

Presight AI generates nearly $116m profits to shareholders in 2022
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Presight
PRESIGHT
2.39% 2.57 0.06

Abu Dhabi – Mubasher: Presight AI Holding recorded an annual jump in net profit attributable to the owners to $115.85 million in 2022 from $95.51 million.

The revenues hit $422.58 million during the January-December 2022 period, higher year-on-year (YoY) than $363.23 million, according to the consolidated financial results.

Basic and diluted earnings per share (EPS) went up to $63 last year from $52 in 2021.

Meanwhile, the total assets amounted to $381.89 million as of 31 December 2022, versus $515.45 million a year earlier.

Last March, the G42 firm began the listing and trading of its shares on the Abu Dhabi Securities Exchange (ADX).