Latest news with #GeoffreyAlphonso
Forbes
5 days ago
- Business
- Forbes
Rethinking Access, Equity And Innovation In Classrooms
Geoffrey Alphonso, CEO of Alef Education. Imagine a world where every child, regardless of geography, income, gender or ability, has the same opportunity to learn, grow and reach their full potential. It's a vision that feels both inspiring and urgent. Yet, over 600 million children globally are unable to attain basic proficiency in reading and math. What's more startling is that two-thirds of them are in school. Access alone is no longer the finish line; it's just the starting point. What matters now is access to quality, personalized learning for every child. We live in a time when technology has transformed nearly every aspect of life, from how we work to how we connect. When it comes to education, the question is how these tools can be harnessed to create meaningful, lasting change. The future of education isn't digital versus traditional; it's human-centered and tech-enabled. To realize this vision, educators and policymakers must reimagine teaching by embedding digital literacy, remote learning and adaptive platforms into curricula, providing students access to impactful, engaging learning experiences. At the same time, edtech companies must deliver scalable tools that personalize learning, support educators and bridge the digital divide. The Barriers To Educational Equity Despite global efforts to achieve UN Sustainable Development Goal 4: Quality Education, significant challenges remain, particularly for underserved communities. These include systemic inequities, insufficient teacher training, lack of relevant curricula and inadequate infrastructure. The digital divide only deepens these challenges, cutting off millions from opportunity. The Covid-19 pandemic exposed just how fragile global education systems are. Schools shut down overnight. Students without internet access or devices found themselves completely disconnected. Educators were thrust into digital learning with little support. The crisis accelerated the urgency for inclusive, future-ready education systems that can adapt swiftly, withstand disruption and deliver high-quality learning for all. If we want to prepare students for the jobs of tomorrow, we must ensure the tools they're taught with are not outdated. Bridging The Divide Bridging this gap requires more than goodwill. It demands bold leadership, collaboration across sectors and a relentless focus on outcomes that matter not just for some, but for all. We must design equity into every layer of the education ecosystem, from national policies to the pixels on a learning app. That means expanding affordable internet access, distributing devices and launching training programs to boost digital fluency. Only then can we close the gap between the world as it is and the world as it should be. According to the World Economic Forum's 2025 Future of Jobs Report, 92 million jobs may be displaced by automation, while 170 million new jobs better suited to human-machine collaboration will be created by 2030. Seven out of 10 companies now consider analytical thinking a top skill. Digital literacy, problem-solving and adaptability are the currencies of tomorrow. A Call To The EdTech Sector The role of the technology industry in reshaping education is critical. But tech alone won't transform education. In the right hands, with the right intent, it becomes a great equalizer. Edtech providers must build platforms that are inclusive by design, compatible across devices, accessible offline and optimized for low-bandwidth environments. Just as important is investing in emerging technologies like AI, AR/VR and the metaverse, ensuring they serve (not sideline) diverse learners. We must also harness big data to identify learning gaps, predict trends and enhance outcomes. But data should be a compass, not a crutch. Applied responsibly, it can guide decision-making and drive personalized experiences that empower students to thrive. Feedback from educators and students is vital. If we want real impact, we must build with, not just for, the people we serve. Field visits, user surveys and real-time feedback loops ensure solutions stay relevant and human-centered. And rather than asking if students are ready for AI, let's ask if AI is ready to serve every student, fairly and effectively. Empowering Educators For The Digital Age As teachers are the heart of education, supporting them with the right tools and training is essential. Edtech companies must invest in robust professional development programs that not only teach technical skills but also empower educators to integrate digital tools meaningfully. We must also work with schools to build the infrastructure needed for digital teaching. This includes classrooms that are equipped with modern technology, reliable connectivity and ongoing support. With the right tools, educators can work to bridge the gap between traditional methods and modern, engaging learning experiences. The Road Ahead So, where do we go from here? The question isn't just what kind of education system we want. It's what kind of future do we want to build, and who gets to be part of it? The road ahead calls for courage, partnership and clarity of purpose. We need scalable solutions that deliver adaptive, high-quality education regardless of where a child lives or how they learn. When a child logs in from a refugee camp or a remote village, they're not just connecting to Wi-Fi; they're connecting to possibility. Learning is the most powerful force for equity. Technology, when wielded with purpose, can level the playing field for every child, everywhere. Let's stop building digital solutions around systems, and let's start building them around students. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Mid East Info
31-07-2025
- Business
- Mid East Info
Alef Education Delivers Strong Financial Performance in H1 2025 with Steady Revenue Growth and a 75% EBITDA Margin, Accelerating Innovation and Growth
H1 2025 Revenues up 1% Year-on-Year YoY to AED 357.3M, driven by steady core UAE portfolio, new contract wins and growth outside ADEK. H1 2025 EBITDA up 3% YoY to AED 267.9M, with an improved 75% margin (+100 basis points) on disciplined cost management; H1 2025 Net Profit similarly up 3% YoY to AED 232.3M with a 65% margin (+100 basis points). AED 497.1 million cash and zero debt as of 30 June 2025, underpinning disciplined global expansion and attractive shareholder returns. A guaranteed dividend payout of AED 135 million for FY 2025 to be paid in two equal installments, AED 67.5 million interim dividend approved for payout in August 2025, implying an interim dividend per share of ~ 5 Fils. Miqyas Al Dhad reaches 87% completion, on track for launch in Q4 2025. Successful Field Test Survey results sparking strong interest and 7 MOUs signed. Collaborations with Microsoft and Core42 to boost AI and sovereign-cloud capabilities. Abu Dhabi, UAE –July 2025: Alef Education Holding Plc (the 'Company' or 'Alef Education' or 'ADX: ALEFEDT'), an award-winning AI-powered learning solutions provider redefining the educational experience for K-12 students, based in Abu Dhabi, today announced its financial results for the six-month period ending 30 June 2025 ('H1 2025'), marking the Company's first full year as a listed entity and its fifth earnings release since listing on the Abu Dhabi Securities Exchange ('ADX') in June 2024. Alef Education continues to deliver strong results in H1 2025 with revenues reaching AED 357.3 million, maintaining a strong EBITDA margin of 75% on the back of continued cost optimization initiatives. Supported by prudent cashflow generation and an attractive dividend profile, Alef Education continues to embark on a disciplined growth strategy, accelerated by value accretive global partnerships and collaborations. Geoffrey Alphonso, Chief Executive Officer of Alef Education, stated: 'The first half of 2025 balanced expansion and profitability for Alef Education. We advanced on growing our presence internationally while delivering a market-leading 75 % EBITDA margin. Recent milestones like the imminent Miqyas Al Dhad progress and high-level ministerial engagements in Indonesia and Senegal demonstrate how Alef Education is redefining K-12 learning. With a debt-free balance sheet and a transparent dividend commitment, we continue to invest in the next wave of digital education for students and shareholders alike.' Stable H1 2025 Growth Backed by Leading Margins & Strong Cash Flow Alef Education reported solid financial performance during the first half of 2025, supported by the continued strength of its long-term partnership with the Abu Dhabi Department of Education and Knowledge (ADEK') and expanding traction across both UAE and international markets. H1 2025 Revenue increased 1% YoY to AED 357.3 million, primarily driven by stable contributions from the core UAE portfolio alongside robust growth in other business and government contracts outside of ADEK. Through disciplined cost management and operational optimization, H1 2025 EBITDA rose 3% YoY to AED 267.9 million, resulting in a market-leading 75% margin, a 100-basis points expansion compared to the prior year. H1 2025 Net profit increased 3% YoY to AED 232.3 million, reflecting a 100-basis point expansion in margin to 65%. Maintaining its focus on profitability and cash efficiency, Alef Education generated healthy free cash flow. As of 30 June 2025, the Company held AED 497.1 million in cash with zero debt and effective working capital management, providing a robust platform to fund disciplined global expansion while sustaining attractive shareholder returns and dividend yield. Reliable and Attractive Dividend Policy: Beyond driving growth, Alef Education's strong financial foundation and guaranteed ADEK payments enable the Company to deliver sustained value to shareholders through a transparent and robust dividend policy. In line with its IPO commitment, Alef Education guarantees a minimum annual dividend payout of AED 135 million to its 20% free-float investors for FY2025, distributed semi-annually. The 2025 dividend will be paid in two equal installments; AED 67.5 million interim dividend approved for payout in August 2025 and the second installment of AED 67.5 million will be paid in April 2026. Looking ahead, the Board intends to distribute approximately 90% of annual profits. A debt-free balance sheet, healthy cash flows and recent inclusion in the MSCI UAE Small Cap Index underpin management's confidence in the sustainability of these payouts. A Core UAE Foundation Supported by International Portfolio Growth: While the ADEK contract constitutes the core of Alef Education's business, the Company is actively pursuing an opportunistic global growth strategy, particularly considering high-margin and value accretive opportunities. To support its goals of geographic expansion, revenue diversification, and customer and product portfolio growth, Alef Education generated > AED 300 million high value leads across both public and private sectors in the MENA region and internationally during H1 2025. Building on its strategy to deepen public-sector collaborations, Alef Education entered several new markets in H1 2025. Early in the year, the Company expanded into Morocco in support of the Education Reform Plan 2022–2026 and made substantial progress on its MOU with Nahdet Misr to collaborate across the GCC, Levant and North Africa. It also enhanced its presence in Indonesia, aligning with national digital-education objectives through high-level ministerial discussions aimed at securing long-term partnerships and monetization. Most recently, following ongoing talks with the Senegalese government, a high-level Senegalese delegation visited Alef Education's Abu Dhabi headquarters in May 2025 to explore long-term digital-education cooperation. Miqyas Al Dhad Readiness for Launch in Q4 2025: Miqyas Al Dhad , the region's first Arabic reading scale aimed at advancing Arabic Reading proficiency for Grades 1–12 Arabic speakers, is now 87% complete and set to launch in Q4 2025. Developed in collaboration with Arab countries' Education ministries, the initiative supports Alef Education's growth strategy by creating new, sustainable revenue streams in Arabic language proficiency. In H1 2025, a Field Test Survey (FTS') involving 110K students across 204 schools in 70 cities across 9 countries was successfully completed. Early results demonstrate strong demand for Miqyas Al Dhad: findings have been shared with 12 government bodies, and 7 MOUs have been signed with major publishing and assessment firms. Supported by targeted brand-building efforts, like conference presentations, thought-leadership campaigns and focused media outreach, Miqyas Al Dhad is gaining significant momentum as a landmark Arabic-literacy initiative. Strategic Alliances and Global Recognition Accelerate International Footprint: In H1 2025, Alef Education strengthened its reputation as a trusted global leader in AI-powered K-12 learning through a series of high-profile collaborations. In May 2025, the Company entered a landmark alliance with Microsoft and Core42, G42's sovereign-cloud and AI-infrastructure arm. By combining Microsoft's global cloud platform with Core42's sovereign-cloud capabilities, Alef Education is positioned to accelerate growth, deliver cutting-edge AI-driven learning experiences, and unlock regional and international expansion opportunities. Additionally, Alef Education has gained significant regional recognition with the recent wins of two new awards for Innovation and Leadership at the MEA Business Achievement Awards ceremony held in Dubai in June 2025. Alef AI Tutor won the Ground-Breaking Products/Services award in Education & Learning, while CEO Geoffrey Alphonso received the Outstanding Leadership accolade in the HR, Training & Education category. The Company's innovations were also spotlighted in the global Reuters Vision 2045 documentary series, which showcased how Alef Education is transforming the global education landscape through its innovative AI-driven solutions and initiatives. Outlook: Alef Education heads into the rest of 2025 on solid ground. Long-term UAE government contracts, new collaborations such as the one with Microsoft and Core42, and rising interest from markets like Senegal, Indonesia, and Morocco are set to keep momentum strong. The Company's financial outlook remains unchanged from what was disclosed in Q1 2025. Revenue is expected to witness 3-4% growth in FY 2025 YoY. Consistent with its seasonal billing cycle, where the start of the academic year in September drives the bulk of annual revenue growth, H2 is typically expected to generate higher revenue. EBITDA for the year is expected to increase by 8-9%, generating a higher margin of 70% backed by strict cost optimization efforts coupled with revenue growth. Similarly, Net Profit is expected to increase by 6-7% resulting in a strong and consistent margin of over 60%. Backed by strong cash generation, a debt-free balance sheet, and an assured AED 135 million dividend for FY 2025, Alef Education is well positioned to fund new AI-driven innovations, extend its international reach, and keep delivering attractive, reliable returns to shareholders while advancing the next wave of digital learning. AED millions H1 2025 H1 2024 % Change Revenues 357.3 354.2 1% Total Expenses 109.4 112.5 3% EBITDA* 267.9 261.1 3% EBITDA Margin 75% 74% +100bps Net Profit 232.3 226.2 3% Net Profit margin 65% 64% +100bps * EBITDA is earnings before interest, tax, depreciation, amortization and lease expenses (interest and depreciation on right of use assets). About Alef Education: Founded in 2016, Alef Education (ALEFEDT on the Abu Dhabi Stock Exchange) is an award-winning AI-powered learning solutions provider that is redefining the educational experience for K-12 students. The Company has established a strong presence in the education technology sector, operating in approximately 14,000 schools across the UAE, the US, Indonesia and Morocco. Its flagship AI-integrated Alef Platform offers personalised learning experiences to approximately 1.5 million registered students, enabling them to work at their own pace and reach their full potential anytime, anywhere. With a 100% penetration rate in Cycle 2 (Grades 5-8) and Cycle 3 (Grades 9-12), Alef Education has a proven track record of improving student engagement and achievement, with test scores in Indonesia increasing by 8.5% in Arabic and maths. The award-winning Alef Platform provides AI-powered learning and teaching solutions that use real-time data to drive improvements across the education system. Alef Pathways is a student-centred, self-paced supplemental math program. Abjadiyat is an Arabic language learning platform that provides engaging and interactive content from kindergarten to Grade 4. Arabits is a complete Arabic learning system for non-native speakers that helps students of all ages learn, practice, and improve their Arabic language skills using AI. Alongside supporting students throughout their educational journey, Alef Education supports 65,000 educators with tools that enrich instruction and enable high-impact interventions to improve student learning outcomes. Alef Education promotes engagement, achievement and equity in learning, preparing students for success in an ever-evolving world.
Arabian Business
31-07-2025
- Business
- Arabian Business
Alef Education revenue remains steady as EBITDA margin rises
Alef Education Holding, the Abu Dhabi-based education provider, delivered steady results in the first half of 2025. Revenues reached AED 357.3 million (US$91.76 million), and it maintained a strong EBITDA margin of 75 per cent on the back of continued cost optimisation initiatives. The company's performance was supported by the continued strength of its long-term partnership with the Abu Dhabi Department of Education and Knowledge (ADEK) and expanding traction across both UAE and international markets. Alef Education reports strong H1 results Revenue increased by 1 per cent YoY, driven by stable contributions from the core UAE portfolio and growth in other business and government contracts outside of ADEK. Disciplined cost management and operational optimisation led to a 3 per cent rise in EBITDA to AED 267.9 million (US$72.95 million), resulting in a market-leading 75 per cent margin, a 100 basis points expansion compared to the prior year. Net profit for H1 2025 increased 3 per cent YoY to AED 232.3 million (US$63.25 million), reflecting a 100 basis point expansion in margin to 65 per cent. Alef Education held AED 497.1 million (US$135.36 million) in cash with zero debt and effective working capital management, providing a platform to fund global expansion. Geoffrey Alphonso, Chief Executive Officer of Alef Education, commented: 'The first half of 2025 balanced expansion and profitability for Alef Education. We advanced on growing our presence internationally while delivering a market-leading 75 per cent EBITDA margin. 'Recent milestones like the imminent Miqyas Al Dhad progress and high-level ministerial engagements in Indonesia and Senegal demonstrate how Alef Education is redefining K-12 learning. With a debt-free balance sheet and a transparent dividend commitment, we continue to invest in the next wave of digital education for students and shareholders alike.' The company's financial outlook remains unchanged from what was disclosed in Q1 2025. It expects a 3-4 per cent growth in revenue for the FY2025. Consistent with its seasonal billing cycle, where the start of the academic year in September drives the bulk of annual revenue growth, H2 is typically expected to generate higher revenue. EBITDA for the year is expected to increase by 8-9 per cent, generating a higher margin of 70 per cent. Net Profit is expected to increase by 6-7 per cent. Miqyas Al Dhad set for launch in Q4 Miqyas Al Dhad, the region's first Arabic reading scale aimed at advancing Arabic reading proficiency for Grades 1–12 Arabic speakers, is now 87 per cent complete and set to launch in Q4 2025. Developed in collaboration with Arab countries' education ministries, the initiative supports Alef Education's growth strategy by creating new, sustainable revenue streams in Arabic language proficiency. A successful Field Test Survey was conducted in the first half of 2025, involving 110,000 students from 204 schools in 70 cities across nine countries. Early results show a strong demand for Miqyas Al Dhad and findings have been shared with 12 government bodies. Alef has signed seven MOUs with major publishing and assessment firms. Strategic alliances During the first half, Alef Education strengthened its reputation as a trusted global leader in AI-powered K-12 learning through a series of high-profile collaborations, including a landmark alliance with Microsoft and Core42, the sovereign-cloud and AI-infrastructure arm of G42. By combining Microsoft's global cloud platform with Core42's sovereign-cloud capabilities, Alef Education is positioned to accelerate growth, deliver cutting-edge AI-driven learning experiences, and unlock regional and international expansion opportunities.
Forbes
07-05-2025
- Forbes
The Future Of Arabic Language Learning Through EdTech
Geoffrey Alphonso, CEO of Alef Education . getty Arabic is one of the most spoken languages in the world, with over 400 million speakers. Historically, it has played a significant role in religious, literary and academic traditions. However, in an increasingly interconnected world, proficiency in the Arabic language has become a sought-after skill among non-native speakers. You might be surprised to hear that Arabic is one of the most studied languages in Western countries. Why? Well, a mix of reasons. The Middle East's geopolitical significance, economic opportunities in Arab countries, the region's rise as a major tourism hub and a desire to engage with rich cultural and religious traditions. Additionally, language mastery opens new doors to careers in international organizations, media, academia and trade, making Arabic a valuable asset for global professionals. This trend has been further amplified with governments and private organizations, particularly in the UAE and Saudi Arabia, pushing hard to promote Arabic learning by integrating it more deeply into everyday life and enhancing its global relevance. However, learning Arabic presents unique challenges due to its intricate script, diverse dialects and complex grammar. To bridge this gap, innovative language learning methodologies as well as integration of technology, including artificial intelligence, machine learning and big data, are essential. Despite the increasing demand for Arabic learning, non-native speakers face multiple challenges. One of the most significant obstacles is the complexity of the Arabic language itself. Its intricate script and right-to-left writing system can be difficult for learners unfamiliar with Semitic languages. Additionally, Arabic grammar and morphology, including root-based word structures, verb conjugations and case endings, present another layer of complexity. Another challenge is the linguistic diversity within Arabic itself. Many learners struggle with deciding whether to focus on MSA or a regional dialect, which impacts their ability to communicate effectively in real-world scenarios. Additionally, technology-based Arabic learning still faces challenges. This study highlights issues such as inconsistent content quality, unreliable internet access and a lack of social interaction. Furthermore, many Arabic language programs lack structured curricula, and educators often struggle to provide engaging and efficient instruction. A lack of native-speaking practice partners and interactive learning environments also hinders language acquisition. Edtech companies need to play a critical role in transforming Arabic language learning for non-native speakers by addressing these challenges through technology-driven solutions. By leveraging artificial intelligence (AI), machine learning (ML) and data analytics, we can create personalized, adaptive learning experiences that cater to different proficiency levels and learning styles. According to a study by Rani, Zikriati, Muhammady, Syukran and Ali, technology-enabled Arabic language learning offers numerous benefits that enhance the quality of education. Therefore, there is a need to further enhance these tools by investing in advanced AI-driven platforms that offer personalized exercises, real-time feedback and targeted practice to enhance learning efficiency. We must also focus on further developing augmented reality (AR) and virtual reality (VR) applications, which can create engaging, real-life scenarios that allow learners to practice Arabic in a simulated environment. These tools can help non-native speakers develop practical conversational skills and build confidence in using the language in everyday situations. Balancing MSA with regional dialects is another key area where edtech can make a difference. Digital platforms can offer courses that seamlessly integrate both forms of Arabic, providing learners with a well-rounded linguistic foundation. Interactive voice recognition software can help learners improve pronunciation while distinguishing between formal and colloquial speech. Besides technological advancements, collaboration between edtech companies and educators is essential in refining digital tools and curricula. Gathering feedback from teachers and learners will help create more effective resources that address common learning obstacles. By leveraging AI, data analytics and virtual classrooms, Arabic language learning can become more accessible, efficient and appealing to global learners. Additionally, social media applications such as Instagram, Facebook, WhatsApp, Telegram and YouTube can serve as informal learning tools, fostering language practice through real-life interactions and digital communities. There are podcasts such as Simple & Easy Arabic or Arabic in 60 Steps , which can further enhance listening comprehension, vocabulary expansion and exposure to current events in the Arabic-speaking world. As Arabic continues to gain prominence on the global stage, the need for effective and innovative language-learning solutions is greater than ever. Addressing the barriers through technology and adaptive learning strategies will ensure that Arabic language learning becomes more accessible to non-native speakers. By investing in edtech advancements, cultural initiatives and structured curricula, we can contribute to shaping a future where Arabic is not only preserved but thrives as a key language in global communication, commerce and diplomacy. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Mid East Info
02-05-2025
- Business
- Mid East Info
H.E. Mohammad Ali Rashed Lootah
Q1 2025 Revenues up 2% YoY, reaching AED 179.7 million driven by new contract wins. Q1 2025 Net Profit up 2% YoY to AED 115.3 million, on the back of consistent revenue growth and cost optimization. 90% of FY 2024 Net Profit distributed in dividends, totaling AED 402.8 million and yielding a strong ~ 10% dividend yield with AED 135 million (~ 10 fils per share) distributed to free float shareholders, and an equivalent amount guaranteed for FY 2025 reflecting Alef Education's disciplined growth strategy. 3-year ADEK contract extension secures UAE core revenue through 2033. New contract wins with growth drive momentum across UAE, Indonesia, Senegal and beyond. Miqyas Al Dhad reaches 86% completion and is on track for Q3 2025 launch, unlocking a new revenue stream in Arabic language literacy. Alef Education Holding Plc (the 'Company' or 'Alef Education' or 'ADX: ALEFEDT'), an award-winning AI-powered learning solutions provider redefining the educational experience for K-12 students, based in Abu Dhabi, today announced its financial results for the three-month period ending 31 March 2025. This marks the Company's fourth earnings announcement since its debut on the Abu Dhabi Securities Exchange ('ADX') in June 2024. It also follows the successful distribution of a AED 199.2 million cash dividend for H2 2024 in April 2025, as approved during Alef Education's Annual General Meeting ('AGM'), bringing the total FY 2024 dividend to AED 402.8 million, representing 90% of the Company's full-year Net Profit. Geoffrey Alphonso, Chief Executive Officer of Alef Education, stated: 'As we move through 2025, we're building strong momentum across both our B2G and B2B segments, supported by ongoing investment in innovation and global expansion. Our Q1 2025 results, marked by steady revenue growth and improved efficiency, underscore the strength of our long-term strategy and disciplined execution. With expanding presence in markets like Indonesia and continued progress in the UAE, Alef Education remains focused on transforming education through AI and delivering meaningful value across the education ecosystem and to all our stakeholders.' Strong and Profitable Q1 Growth Builds on the FY 2024 Momentum Reinforcing its position as a trusted partner for governments and private schools in the UAE and globally, Alef Education continues to see strong demand for its suite of innovative, bespoke education solutions. In Q1 2025, the Company reported Revenues of AED 179.7 million, marking a 2% year-on-year ('YoY') increase. This was primarily based on the stable contributions from the core UAE portfolio, Abu Dhabi Department of Education and Knowledge ('ADEK') contract, and further driven by robust growth in other business and government contracts outside of ADEK, locally and internationally. Alef Education continued to execute on its growth strategy during Q1 2025, with a strong focus on revenue diversification. EBITDA rose 2% to AED 132.8 million in Q1 2025, with a market-leading margin of 74%. Net profit reached AED 115.3 million, reflecting a 2% YoY increase, supported by consistent revenue growth and a strong 64% margin, underscoring Alef Education's ongoing commitment to cost discipline and operational optimization. Alef Education's strong, unlevered balance sheet, solid financial foundation, and robust cash flow generation continue to support its growth strategy. With AED 402.6 million in cash, no debt and a low liabilities-to-assets ratio of 18%, the Company is well-positioned to fund growth ambitions, while sustaining consistent dividend distributions. A Core Foundation Further Enhanced by Strategic Growth & Strategic Alliances The Company's recent contract extension with ADEK provides significant revenue visibility until 2033, provisioning for a minimum of 80,000 students with a fixed fee per student. While the ADEK contract constitutes the core of Alef Education's business, the Company is actively pursuing an opportunistic global growth strategy, particularly considering high-margin and value accretive opportunities. To support its goals of geographic expansion, revenue diversification, and customer and product portfolio growth, Alef Education secured a substantial pipeline of high-value leads across both public and private sectors in the MENA region and internationally during Q1 2025. Supporting its focus on deepening public sector partnerships, Alef Education marks expansion into Morocco in support of the Education Reform Plan 2022–2026, and progress on the MOU with Nahdet Misr to collaborate across the GCC, Levant, and North Africa. Alef Education strengthened its footprint in Indonesia in Q1 2025, aligning with national digital education goals through high-level ministerial talks aimed at long-term collaboration. Strategic partnerships were also forged to advance human capital development and equip students with future-ready skills. Additionally, the Company engaged in ongoing strategic dialogue with the Senegalese government about a potential long-term collaboration, following the visit of Senegal's President to Alef Education in November 2024. Continuous Innovation Transforming Learning Outcomes To meet rising demand for its expanding product portfolio, Alef Education is developing new variants of Alef Pathways and enhancing its Arabic learning offerings with additional content and resources. As part of its innovation agenda, Alef Education partnered with MetaMetrics® to develop Miqyas Al Dhad , the region's first Arabic reading scale aimed at improving literacy for Grade 1–12 Arabic speakers. Created in collaboration with regional ministries, the initiative supports Alef Education's growth strategy by opening new, sustainable revenue streams in Arabic language proficiency. Now 86% complete, Miqyas Al Dhad has engaged over 110,000 students across nine countries, with seven MOUs signed to date. The launch is on track for Q3 2025. Consistent Shareholder Returns and Significant Value Creation Beyond driving growth, Alef Education's strong financial foundation allows the Company to deliver sustained value to shareholders through a transparent and robust dividend policy. In line with its IPO commitment, Alef Education guarantees a minimum annual dividend payout of AED 135 million to its 20% free-float investors for FY2024 and FY2025, distributed semi-annually. Alef Education holds a leading position in the UAE's K–12 EdTech space, deeply embedded in the national education framework via ADEK. With guaranteed payments from ADEK, the Company enjoys stable, predictable cash flows, enabling consistent dividend payouts with an attractive yield driving long-term shareholder value. Following the Annual General Meeting ('AGM') held on 27 March 2025, Alef Education successfully distributed a cash dividend of AED 199.2 million for H2 2024 in April 2025. This brought the total FY 2024 dividend payout to AED 402.8 million, representing 90% of the Company's full-year net profit, reflecting ~ 10% dividend yield with AED 135 million (~ 10 fils per share) being distributed to free float shareholders, and an equivalent amount is guaranteed for FY 2025, reflecting Alef Education's disciplined growth strategy. Outlook: Alef Education enters the remainder of 2025 with a strong outlook, supported by long-term government contracts, a growing international presence, and continued innovation. Revenue is expected to witness 3-4% growth in FY 2025 YoY. EBITDA for the year is expected to increase by 8-9%, generating a higher margin of 70% backed by strict cost optimization efforts coupled with revenue growth. Similarly, Net Profit is expected to increase by 6-7% resulting in a strong and consistent margin of 60%. With predictable cash flows and a proven model, Alef Education is uniquely positioned to fuel innovation, scale globally, and lead the next era of digital learning, while sustaining attractive dividends and delivering long-term value to shareholders. AED millions Q1 2025 Q1 2024 % Change Revenues 179.7 176.7 1.7% Total Expenses 56.4 55.7 -1.3% EBITDA* 132.8 130.7 1.6% EBITDA Margin 74% 74% – Net Profit 115.3 113.0 2.0% Net Profit margin 64% 64% – * EBITDA is earnings before interest, tax, depreciation, amortization and lease expenses (interest and depreciation on right of use assets).
