Easy Lease Motorcycle Rental PJSC Management Report for the Period Ended March 31,2026 | premargin
Easy Lease Motorcycle Rental PJSC Management Report for the Period Ended March 31,2026
·ADX·Financial Reports | Management Report·April 29, 2026·View on exchange
AI Summary
Net profit for Q1 2026 nearly doubled year-on-year to AED 20.7 million, while total revenue grew 14% to AED 189.7 million.
EBITDA surged 55% to AED 54.7 million, with net profit margins reaching 10.9% driven by improved fleet utilization and cost discipline.
Revenue growth was primarily supported by the core business (AED 117.5 million) and the integration of acquired businesses which contributed AED 58 million.
Total assets reached AED 1.04 billion as of March 31, 2026, underpinned by a total fleet size exceeding 49,000 vehicles.