Easy Lease reported a 98% year-on-year increase in net profit after tax to AED 20.7 million for Q1 2026, with revenue growing 14% to AED 189.7 million.
Profitability growth significantly outpaced revenue, driven by a 55% surge in EBITDA to AED 54.7 million and a 72% increase in operating profit to AED 28.3 million.
Key performance drivers included improved fleet utilization, cost discipline, and the expansion of the Gallega Group Holding logistics segment, which contributed to a net profit margin of 10.9%.
Total assets grew to AED 1.04 billion as of March 31, 2026, supported by a total fleet size of over 49,000 vehicles and 15+ subsidiaries across mobility and logistics.