Abu Dhabi, UAE – Alef Education Holding (BLC), listed on the Abu Dhabi Securities Exchange, announced strong financial results during the first half of 2026. Its revenues rose to 361.6 million dirhams, a growth of 1.2% compared to the same period last year. While the profit margin before calculating interest, taxes, depreciation and amortization reached 74.7%. It is one of the highest rates in the educational technology sector.
The company recorded profits before calculating interest, taxes, depreciation and amortization worth 270.2 million dirhams. Net profit increased by 1.8% to reach AED 236.4 million, with net profit margin improving to 65.4%.
Zero debt
Alef Education closed the first half of the year with a cash balance of 644.9 million dirhams, while its budget remains debt-free. Providing flexibility to finance expansion and product development and support dividends.
The company’s board of directors approved the distribution of interim profits worth 212.8 million dirhams, equivalent to 3.04 fils per share. Representing 90% of the net profits of the first half, after completing the distribution of final profits for the year 2025 worth 224 million dirhams.
On the business front, the company continued to expand its presence in the Gulf and international markets, and strengthened its partnerships with government agencies in the UAE.
In cooperation with Microsoft, it also implemented a program to qualify 25,000 teachers in the field of artificial intelligence. A memorandum of understanding was signed with TMRW Edtech to develop AI-based educational solutions in the GCC countries. The company also continued its international expansion through its partnership with AfricAI, while continuing to work on new projects in emerging markets.
Dhad Scale
The Alef Platform has reached approximately two million learners, 85,000 teachers, and 20,000 schools around the world. The company completed field tests of the “Dhad Scale” project with the participation of about 112 thousand students in nine countries. In preparation for its commercial launch during the second half of this year.
Alef Education confirmed that it will maintain its financial forecasts for 2026. Revenue is expected to grow by 7%, and earnings before interest, taxes, depreciation and amortization by 4% with a margin exceeding 68%. Net profit of 4% with a margin of more than 60%. Supported by continued contractual revenues with the Department of Education and Knowledge in Abu Dhabi. And the growth of its business in the public and private sectors and international markets.
