{"id":111253,"date":"2026-01-09T00:00:00","date_gmt":"2026-01-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=111253"},"modified":"2026-01-09T03:05:34","modified_gmt":"2026-01-09T03:05:34","slug":"taaleem-posts-strong-21-revenue-surge-in-1q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/01\/09\/taaleem-posts-strong-21-revenue-surge-in-1q\/","title":{"rendered":"Taaleem posts strong 21% revenue surge in 1Q"},"content":{"rendered":"

Education<\/strong> provider Taaleem recorded a 13.9% y-o-y decline in net income to <\/strong>AED 71.3 mn<\/strong> in 1Q FY 25\/26, according to its financials (pdf)<\/a> and a separate earnings release (pdf)<\/a>. The decline was primarily driven by higher financial costs related to funding recent expansion initiatives and the impact of a positive one-off transaction in the same period last year. <\/p>\n

Operating revenues, however, rose 20.9% y-o-y to AED 369.9 mn<\/strong>, with the premium schools segment leading the surge, accounting for 86.2% of the total as enrollment jumped 12.8% y-o-y to almost 19k students. The growth was supported by a 10.5% increase in capacity, adding 2.3k new seats, primarily through the launch of DBS Mira and the expansion of DBS EH (DBS Islands). Taaleem\u2019s recently acquired 95% stake in Kids First<\/a> contributed AED 2.4 mn to its bottom line. <\/p>\n

Expansion is the name of the game going forward<\/strong>, with construction on Harrow Dubai<\/a> already underway, as the school is slated to open in September, followed by Harrow Abu Dhabi<\/a> in the following academic year. Taaleem is also planning to open a new premium school in Ghaf Woods<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The group saw a 13.9% dip in its net income due to expansion costs<\/p>\n","protected":false},"author":1,"featured_media":111254,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1596],"tags":[237,313,7,1114],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-111253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-education","tag-enterpriseam-uae","tag-taaleem","wpautop","entry"],"acf":{"mongo_id":"0e9c48cb-094b-46f4-be04-a1ae7d2630a8","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/547.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Taaleem revenue rises over 20% as it presses on with expansion efforts","related_issue":[111246],"teaser":"The group saw a 13.9% dip in its net income due to expansion costs"},"yoast_head":"\nTaaleem posts strong 21% revenue surge in 1Q - 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