Emirates Driving Company Management Discussion and Analysis Report for the Period Ended March 31,2026

Emirates Driving Company (EDC) reported a 13% year-over-year increase in revenue to AED 189 million for Q1 2026, driven by higher student enrollment.
Net profit for the period grew by 8% to AED 74.6 million, while EBITDA increased 12% to AED 93.7 million compared to Q1 2025.
Total equity decreased by 10% to AED 1.36 billion as of March 31, 2026, primarily due to the declaration of AED 215.5 million in dividends.
Operational profit rose 11% to AED 79 million, despite a 20% increase in general and administrative expenses resulting from overall business growth.