Multiply Group registered AED 439 million in EBITDA excluding fair value changes in Q2 2024, a 33% increase YoY, with 60% Revenue Growth across its operating portfolio
ABU DHABI, 29 July 2024 – Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based holding company that invests in and operates businesses globally, today reports its Q2 2024 results with a net profit excluding fair value changes of AED 319 million, representing 49% growth compared to the same period last year (AED 214 million Q2 2023). Robust underlying profit growth was largely led by the consolidation of new acquisitions as we deliver on our vertical building strategy. Reported net profit of AED 992 million includes AED 673 million unrealized fair value gains from the public investment portfolio.
Continue reading Multiply Group registered AED 439 million in EBITDA excluding fair value changes in Q2 2024

