Abu Dhabi Aviation Co. · ADX:ADAVIATION
Abu Dhabi Aviation — FY2025 Earnings Presentation
28 slides from Abu Dhabi Aviation's earnings presentation, February 2026
Slide 1: FY 2025 Earnings Presentation
ABU DHABI AVIATION FY 2025 EARNINGS PRESENTATION https://ada.ae/
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Abu Dhabi Aviation PJSC (ADA) for information purposes only. It contains publicly available and non-public information and is provided solely to support a preliminary review of the matters referenced. Nothing in this presentation constitutes, or shou
Slide 3: Presenters
Presenters Mahmood Al Hameli Ashraf Fahmy Group Chief Executive Officer Group Chief Financial Officer 3 Abu Dhabi Aviation
Slide 4: Contents
Contents 01 02 03 04 05 06 FY25 Highlights Business Performance Segment Outlook and Appendix Overview Summary Performance Strategy 4 Abu Dhabi Aviation
Slide 5: 1. FY25 Highlights
1. FY25 Highlights
Slide 6: FY25 Highlights
FY25 Highlights Summary Operational & Strategic Performance Capital Allocation & Shareholder Returns FY 2025 marked a transition from transformational The Board proposed a FY 2025 dividend of AED 0.30 per consolidation to execution and growth, following share, totaling AED 329.0 million subject to s
Slide 7: 2. Business Overview
2. Business Overview
Slide 8: Business Overview
Business Overview Abu Dhabi Aviation is a UAE-based integrated aviation group providing aviation services to commercial, government and defense sectors across the Middle East and beyond. Founded in 1976, the company has evolved from a helicopter operator into a diversified aviation platform with cor
Slide 9: Business Overview (Cont'd)
Business Overview (Cont’d) Maintenance, Repair & Overhaul General Aviation Investments 10,000+ Employees Largest general aviation AED 1,446.1 million operator in the UAE investment portfolio 35+ Aircraft platforms 67 aircraft AED 445.1 million in 16 Hangars, 137,000+ real estate in prime sqm hanger
Slide 10: ADA History
ADA History Our Journey ADA formed under a mandate to provide air Acquired stakes from ADQ in service support to the oil ADA acquires Abu Dhabi Aviation training Etihad Engineering, AMMROC industry Publicly listed on ADX Maximus Air centre established and GAL 1976 2000 2008 2014 2024 1991 2002 2011
Slide 11: Why Invest in ADA?
Why Invest in ADA? Investment Highlights Leading UAE and Regional Aviation Player Financial Strength Leading integrated aviation group in the UAE with The Group delivered strong revenue and diversified operations across MRO, general profitability in FY 2025, supported by its scaled aviation, defense
Slide 12: 3. Performance Summary
3. Performance Summary
Slide 13: Key Highlights
Key Highlights Key Performance Indicators AED 33.2%YoY AED 2.7% AED 1,157.0 14.8% 13.6% 1.0x 1,066.4 Adjusted Net 7,818.7 million Revenue million EBITDA Net Profit Gross Debt million Profit Revenue (1) Growth (1) EBITDA Margin Margin /EBITDA(2) Net Profit Growth(3) Operational Highlights Safety Sust
Slide 14: Key Highlights (Cont'd)
Key Highlights (Cont’d) Group Highlights GAL remains the largest revenue contributor to the ADA group, representing approximately two-thirds of consolidated group revenues. Operating advanced maintenance facilities with comprehensive airframe, engine, and component overhaul capabilities, GAL serves
Slide 15: Financial Summary
Financial Summary Revenue (AED million) Segmental Breakdown for FY 2025 FY 2024 vs FY 2025 Strong Revenue Growth with EBITDA Margin Expansion 7,818.7 Investments Revenue increased by 9.9% year-on-year to General 0.4% AED 7,818.7 million(1), primarily reflecting the Aviation 7,115.7 impact of Group c
Slide 16: 4. Segmental Performance
4. Segmental Performance
Slide 17: MRO Performance
MRO Performance Revenue (1) Evolution (AED million) Commentary Key Revenue Contributor: MRO segment generated AED 6,709.1 6,709.1 million(1) in revenue in FY 2025, representing 85.8% of Group revenue and 4.5% year-on-year growth. 4,843.7 Strong Profitability: The MRO business delivered a net profit
Slide 18: General Aviation Performance
General Aviation Performance Revenue Evolution (AED million) Commentary Revenue: The General Aviation segment representing 13.8% of Group revenue, generated AED 1,191.9 million (1) in 1,191.9 FY 2025 compared with. AED 746.0 million in the prior year, reflecting 59.8% year-on-year growth, primarily
Slide 19: Investments Performance
Investments Performance Revenue Evolution (AED million) 1,891.2 Property Commentary 445.1 Debt Investment Segment: Generated AED 146.4 million in net Equity profit from ADA’s ADAIRE real estate portfolio and returns 921.7 from a diversified financial asset portfolio, with AED 28.0 839.5 1,118.9 356.
Slide 20: 5. Outlook and Strategy
5. Outlook and Strategy
Slide 21: Business Outlook
Business Outlook General Aviation – Key Developments Air Mobility (Air Taxi): Launch of Air Taxi Egypt, expanding ADA’s General Aviation platform into premium urban and regional air-mobility services. ADA remains well positioned to pursue opportunities through operational execution and disciplined s
Slide 22: ADA Strategy
ADA Strategy The Group’s forward-looking agenda is built around 3 strategic priorities Enhancing core Integrating Accelerating growth operations to drive capabilities across through international efficiency, quality and business entities to in-organic expansion innovation. unlock cross- and strategi
Slide 23: 6. Appendix – Additional Financials
6. Appendix – Additional Financials
Slide 24: Profit & Loss Summary
Profit & Loss Summary Metric (AED million) FY 2025 FY 2024 Growth % Strong Revenue Growth and Margin Expansion Revenue 7,818.7 7,115.7 9.9% Total Revenue for the full year period reached AED 7,818.7 million(1), compared to AED 7,115.7 Direct Operating Costs (6,407.0) (6,197.0) 3.4% million for the c
Slide 25: Balance Sheet Summary
Balance Sheet Summary Metric (AED million) FY 2025 FY 2024 Growth % Strategic Asset Base Growth Supporting Aircraft, Property and Equipment 2,013.2 1,735.4 16.0% Expansion Financial Assets at Fair Value Through Profit or Loss 1,446.1 564.8 156.0% ADA maintained its strong cash position of Right-of-U
Slide 26: Normalized Net Profit Bridge
Normalized Net Profit Bridge FY 2024 to FY 2025 (AED million) Commentary 1,292.0 The Group reported net profit of AED 1,291.9 million for FY 2024, which included a one-off gain of AED 596.8 million from the reverse acquisition that became effective on the 1,066.4 33.2% Growth 1st May 2024. To provid
Slide 27: Shareholder Data
Shareholder Data Ownership Breakdown Share Performance AED 6.8 6.4 6.4 6.0 5.7 5.7 5.6 5.6 5.4 5.2 Free Float 5.2 28.4% 4.8 Q3/24 Q2/24 Q1/25 Q2/25 Q3/25 Q4/25 59.4% Share Performance Context: 12.4% Share Price (31 December 2025): AED 5.24 2025 Trading Range: AED 5.10 - AED 6.38 Proposed FY 2025 Div
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