e Reports Impressive Q1 2025 Results with Consolidated Revenue Growth of 18.7%

e Reports Strong Financial Results for Q1 2025

In the first quarter of 2025, e has reported a remarkable consolidated revenue of 16.9 billion AED, marking an impressive growth of 18.7% from the previous year. This robust performance underscores the company’s commitment to maintaining its leading position in the telecommunications sector.

Financial Highlights

The net profit surged to 5.4 billion AED, demonstrating a staggering increase of 129.9% compared to the same period last year. Even without the effects of the Khazna transaction, net profit still reflected a solid growth of 19.1%. The group's EBITDA reached 7.4 billion AED, up 15.4% year-on-year.

The number of subscribers also saw substantial growth, climbing by 12.9%, with total subscribers hitting 194.8 million. Among these, 15.3 million were e customers in the UAE, indicating the rising demand for next-generation connectivity and AI-driven solutions.

Strategic Investments and Innovations

CEO Hatem Dowidar noted that the first quarter represents a significant milestone in e’s history, driven by disciplined execution and a consistent customer-focused strategy. The company's digital ecosystem is designed to empower individuals and businesses through innovative technologies.

Notably, e was recognized as the "World's Fastest Growing Brand" in the latest Brand Finance Global 500 report, with a brand portfolio surpassing 20 billion USD. This recognition is further reflected in the strategic sale of a 40% stake in Khazna for 2.2 billion USD, reinforcing e’s dedication to refining its core operations and enhancing shareholder value.

Key Operational Developments

As e moved through Q1 2025, the company not only exhibited financial prowess but also showcased various operational advancements. The partnership with Maroc Telecom and Inwi aims to accelerate the rollout of fiber optic and 5G infrastructure in Morocco through two new joint ventures.

Moreover, e unveiled an innovative AI governance framework developed in collaboration with IBM, aimed at promoting ethical and responsible AI usage across its expanding ecosystem. This initiative is part of a broader study focused on the MENA region's potential to lead in generative AI technologies, highlighting significant support across regional leaders for AI adoption.

Community Engagement and Corporate Responsibility

In alignment with its mission to strengthen community ties, e initiated a career development program for individuals with disabilities in collaboration with The Butterfly, Woolongong University, and Zayed University. This initiative focuses on building skills and exploring career pathways.

On the consumer front, e UAE launched Neo Home, a new range of 1 Gbps fiber optic plans tailored for modern households, enhancing digital experiences with faster connectivity and customized TV options. Furthermore, e's deepened partnership with Samsung aims to deliver cutting-edge AI-driven mobile experiences nationwide.

Conclusion

As e continues to thrive amidst competitive challenges, its Q1 2025 results highlight a commitment to growth through innovation and strategic investment. The company is not just expanding its operations but is also dedicated to shaping the blueprint for the digital future, proud to lead with determination, impact, and global ambition. The strong results from Q1 2025 serve as tangible proof that e is on the right trajectory, confident of achieving its long-term goals while delivering solid returns to its stakeholders.