New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • May 13
First quarter 2026 earnings released: US$0.013 loss per share (vs US$0.025 loss in 1Q 2025) First quarter 2026 results: US$0.013 loss per share (improved from US$0.025 loss in 1Q 2025). Revenue: US$24.3m (down 22% from 1Q 2025). Net loss: US$81.0m (loss narrowed 47% from 1Q 2025). Annuncio • May 07
Phoenix Group Plc to Report Q1, 2026 Results on May 12, 2026 Phoenix Group Plc announced that they will report Q1, 2026 results at 10:00 AM, Arabian Standard Time on May 12, 2026 Annuncio • Apr 16
Phoenix Group Plc to Report Fiscal Year 2025 Results on Apr 16, 2026 Phoenix Group Plc announced that they will report fiscal year 2025 results on Apr 16, 2026 Annuncio • Mar 24
Phoenix Group Plc, Annual General Meeting, Apr 24, 2026 Phoenix Group Plc, Annual General Meeting, Apr 24, 2026, at 15:30 Arabian Standard Time. Location: dubai United Arab Emirates Reported Earnings • Feb 19
Full year 2025 earnings released: US$0.045 loss per share (vs US$0.028 profit in FY 2024) Full year 2025 results: US$0.045 loss per share (down from US$0.028 profit in FY 2024). Revenue: US$120.5m (down 42% from FY 2024). Net loss: US$271.7m (down 262% from profit in FY 2024). Annuncio • Feb 17
Phoenix Group Plc to Report Fiscal Year 2025 Results on Feb 17, 2026 Phoenix Group Plc announced that they will report fiscal year 2025 results on Feb 17, 2026 New Risk • Nov 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (4.6% average weekly change). Reported Earnings • Oct 29
Third quarter 2025 earnings released: US$0.008 loss per share (vs US$0.008 profit in 3Q 2024) Third quarter 2025 results: US$0.008 loss per share (down from US$0.008 profit in 3Q 2024). Revenue: US$32.6m (down 9.4% from 3Q 2024). Net loss: US$46.4m (down 198% from profit in 3Q 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in Asia. Annuncio • Oct 24
Phoenix Group Plc to Report Q3, 2025 Results on Oct 28, 2025 Phoenix Group Plc announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Jul 31
Second quarter 2025 earnings released: US$0.005 loss per share (vs US$0.009 profit in 2Q 2024) Second quarter 2025 results: US$0.005 loss per share (down from US$0.009 profit in 2Q 2024). Revenue: US$29.6m (down 42% from 2Q 2024). Net loss: US$29.2m (down 152% from profit in 2Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Asia. New Risk • May 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Emirian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 09
First quarter 2025 earnings released: US$0.025 loss per share (vs US$0.011 profit in 1Q 2024) First quarter 2025 results: US$0.025 loss per share (down from US$0.011 profit in 1Q 2024). Revenue: US$31.3m (down 55% from 1Q 2024). Net loss: US$153.6m (down 332% from profit in 1Q 2024). New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 29% over the past year. High level of non-cash earnings (38% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). Reported Earnings • Feb 18
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: US$0.028 (down from US$0.04 in FY 2023). Revenue: US$205.7m (down 29% from FY 2023). Net income: US$167.4m (down 19% from FY 2023). Profit margin: 81% (up from 72% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates by 6.7%. Annuncio • Feb 08
Phoenix Group Plc to Report Fiscal Year 2024 Results on Feb 14, 2025 Phoenix Group Plc announced that they will report fiscal year 2024 results on Feb 14, 2025 Annuncio • Dec 20
Phoenix Group Announces CEO Changes Phoenix Group announced the appointment of Munaf Ali as CEO. Currently serving as Group Managing Director and co-founder, Munaf brings a wealth of corporate institutional experience that positions him uniquely to capitalize on emerging opportunities in the rapidly evolving cryptocurrency landscape. Seyed Mohammad Alizadehfard (Bijan), the current CEO and co-founder, will step down to focus on expanding and managing his investment fund, Cypher Capital but will continue to be involved with Phoenix Group as a major shareholder and as a trusted key advisor to Phoenix. With over 20 years of capital markets experience from Citigroup, Munaf Ali’s extensive understanding of both traditional and digital finance will be instrumental as Phoenix Group explores new avenues for growth. His leadership will focus on cultivating strong relationships with institutional players to capitalize on the opportunities that lie ahead in the evolving cryptocurrency and blockchain landscape. Phoenix is already working with leading investment banks and crypto advisers on possible dual listing opportunities in favourable international jurisdictions for 2025. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to د.إ1.25, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 27x in the Software industry in Asia. Annuncio • Aug 14
Phoenix Group Plc to Report First Half, 2024 Results on Sep 16, 2024 Phoenix Group Plc announced that they will report first half, 2024 results on Sep 16, 2024 Reported Earnings • Jul 29
Second quarter 2024 earnings released Second quarter 2024 results: EPS: US$0.009. Net income: US$56.1m (up US$56.1m from 2Q 2023). Annuncio • Jul 24
Phoenix Group Plc to Report Q2, 2024 Results on Jul 25, 2024 Phoenix Group Plc announced that they will report Q2, 2024 results on Jul 25, 2024 New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 57% over the past year. High level of non-cash earnings (111% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to د.إ1.63, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 30x in the Software industry in Asia. Annuncio • Apr 05
Phoenix Group Plc, Annual General Meeting, Apr 24, 2024 Phoenix Group Plc, Annual General Meeting, Apr 24, 2024, at 11:00 Coordinated Universal Time. Location: The company's offices, Dubai United Arab Emirates Agenda: To consider and approve the board of directors’ report on the company’s activities and its financial position for the financial year ended on 31 December 2023; to consider and approve the external auditor’s report for the financial year ended on 31 December 2023; to consider and approve the consolidated audited financial statements for the company and its subsidiaries for the financial year ended on 31 December 2023; to consider and approve the recommendation of the board of directors concerning a no dividend payout for the year 2023 as previously stated in the listing prospectus; to consider the remuneration for services of the board of directors for the financial year ended on 31 December 2023; to absolve the members of the board of directors of liability for the financial year ended on 31 December 2023; and to consider other matters. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: US$0.04 (vs US$0.027 in FY 2022) Full year 2023 results: EPS: US$0.04 (up from US$0.027 in FY 2022). Revenue: US$288.2m (down 62% from FY 2022). Net income: US$207.8m (up 50% from FY 2022). Profit margin: 72% (up from 18% in FY 2022). 
