Investment thesis

Looking ahead, the Company will continue to prioritize growth while maintaining profitability. Our investments will be innovation-focused, with the intention of unlocking new business opportunities and new avenues for scale and impact.

• We have been privileged to secure a new Islamic content development contract in FY 2024, exceeding AED 30 Mn. over a three-year period, which would further enhance the Company’s growth trajectory in 2025 and beyond.
• Alef Education partnered with MetaMetrics®, in the form of a Joint Venture, during FY2024 to establish Miqyas Al Dhad: a pioneering initiative dedicated to advancing and measuring Arabic language proficiency in the region. In the months that followed, we have signed several memorandums of understanding (MoUs) with ministries of education in a number of different countries, for their participation in the Miqyas Al Dhad program. Miqyas Al Dhad Project readiness stood at 77%, at the end of 2024.