2PointZero’s first post-merger earnings

2PointZero Group’s net income jumped to AED 3.6 bn in FY 2025, up from AED 189 mn the year before — reflecting just one month of consolidation following the mega-merger with Multiply Group and Ghitha Holding — according to its financials (pdf) and earnings release. Revenues rose 311.2% y-o-y to AED 7.0 bn during the year.

IN CONTEXT- The Multiply-Ghitha-2PointZero merger created a newly listed investment platform focused on energy and consumer sectors. As we’ve reported, the group now operates under a new board chaired by Sheikh Zayed bin Hamdan bin Zayed Al Nahyan.

What drove performance: Earnings were lifted by a one-off AED 2.7 bn gain from Multiply’s Pal Cooling sale, partly offset by an AED 800 mn impairment tied to the Kalyon Enerji joint venture.

Earnings from operating businesses rose 158% y-o-y, supported by consolidation effects and broad-based growth across core platforms, while total assets reached AED 133.7 bn at year-end.

Looking ahead: Management said it remains focused on integration, portfolio optimization, and capital redeployment, with a broader earnings base expected in FY 2026 once a full year of consolidation is captured. As previously guided, 2PointZero is targeting a 35% increase in 2026 net income (excluding fair-value movements) and plans to propose a dividend policy starting in 2027.

Americana Restaurants posts USD 219.1 mn net income

Americana Restaurants International reported net income attributable to the

shareholders of USD 219.1 mn for FY 2025, up from USD 158.8 mn in 2024, according to its financials (pdf). Revenues saw a 14.2% y-o-y increase, reaching USD 2.5 bn. The company said top-line growth was supported by a 9.7% improvement in like-for-like sales, driven by continued menu improvement, brand collaborations, and operations across key markets, according to a separate earnings release (pdf).

The group added 159 net restaurants during the year to reach a total of 2.7k locations across 12 markets.

Dividends: The board will consider a dividend payout of USD 201.6 mn, equivalent to USD 0.024 per share, subject to shareholder approval at the annual general meeting.

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