Al Ansari Financial Services delivered a strong performance in FY25, reporting double-digit growth in operating profit and EBITDA amid continued investment in scale, headcount and geographic expansion.
Operating profit increased by 12% year-on-year to AED 1.29 billion, driven by strong performance in most business areas and complemented by the consolidation of the recently acquired BFC Group, strengthening the Group’s diversified and scalable revenue base.
Net profit after tax for 2025 remained at a solid level of AED 401 million. This is primarily due to an adjusted pricing strategy to maintain market share, increased labor costs due to regulatory requirements including Emiratization efforts, and increased operating and financial costs related to the Group’s continued domestic and international expansion strategy.
In line with its growth strategy, Al Ansari Financial Services significantly expanded its physical footprint during the year. As of the end of fiscal year 2025, the group had a total of 444 physical stores, which was 267 stores as of the end of fiscal year 2024. This is a net increase of 177 branches, consisting of 160 branches in the Kingdom of Bahrain, Kuwait, and India acquired through the integration of BFC Group, and 17 newly opened branches in the UAE.
The acquisition of BFC Group Holdings was successfully completed in the second quarter of 2025 and the Group’s results were fully consolidated from the second quarter to the fourth quarter of 2025. The integration efforts are proceeding as planned and operational synergies are expected to be gradually realized during 2026.
Capital expenditures for the year amounted to AED 39 million, equivalent to approximately 3% of operating profit, as the Group continued to invest selectively in digital transformation, infrastructure and branch optimization initiatives.
The Group maintained a strong EBITDA-to-cash ratio of 93%, emphasizing disciplined capital allocation and strong liquidity management.
Commenting on the results, Rashed A. Al Ansari, Group CEO of Al Ansari Financial Services, said: “Our 2025 financial performance reflects Al Ansari Financial Services’ resilience and our It reflects the strength of our diversified business model. Looking to the future, our priorities remain firmly focused on driving our digital transformation agenda, optimizing our expanded branch network and realizing the synergies from our acquisition of BFC Group.”
Mohammad Bitar, Deputy Group CEO of Al Ansari Financial Services, added: “As we move into 2026, we are focused on scaling to achieve efficiency and growth. We will continue to enhance the customer experience across both digital and physical touchpoints, drive operational excellence and derive value from our expanded regional footprint.”
The combination of BFC Group provides a strong platform to increase our presence in key areas and accelerate innovation, while maintaining a prudent approach to cost and risk management. ”
