ESG Emirates Stallions Group PJSC (ADX:ESG)

Revenue by Segment

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Contracting and Consultancy	506.58M	128.77M	129.15M	131.32M	68.42M
Contracting and Consultancy Growth	293.39%	-0.29%	-1.66%	91.93%	53.15%
Landscaping, Agricultureand and Maintenance	379.75M	289.47M	306.15M	191.09M	127.08M
Landscaping, Agricultureand and Maintenance Growth	31.19%	-5.45%	60.21%	50.37%	84.31%
Business Process/Manpower Outsourcing	529.67M	341.41M	37.32M	2.98M	138.71M
Business Process/Manpower Outsourcing Growth	55.14%	814.72%	1152.06%	-97.85%	-
Furniture Manufacturing, Retail and Interior Fit out	578.68M	622.90M	160.63M	53.02M	-
Furniture Manufacturing, Retail and Interior Fit out Growth	-7.10%	287.78%	202.96%	-	-
Elimination	-223.64M	-109.07M	-26.44M	-26.36M	-
Others / Unallocated	-	-	289.00K	5.38M	18.37M
Others / Unallocated Growth	-	-	-94.62%	-70.74%	11.84%
Staff Accommodation	-	-	2.25M	-	-
Total	1.77B	1.27B	609.36M	357.43M	352.58M
Total Growth	39.07%	108.99%	70.48%	1.38%	171.11%

Revenue by Geography

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
United Arab Emirates	1.72B	1.22B	551.08M	314.46M	319.50M
United Arab Emirates Growth	41.27%	121.00%	75.25%	-1.58%	145.68%
outside UAE	50.56M	55.62M	58.28M	42.98M	33.08M
outside UAE Growth	-9.10%	-4.56%	35.59%	29.93%	-
Total	1.77B	1.27B	609.36M	357.43M	352.58M
Total Growth	39.07%	108.99%	70.48%	1.38%	171.11%

Source: S&P Global Market Intelligence.