Abu Dhabi - Mubasher: 2PointZero Group, formerly known as Multiply Group, registered net profits valued at AED 2.28 billion in the first quarter (Q1) of 2026, an annual leap from AED 210.23 million.
The basic and diluted earnings per share (EPS) increased to AED 0.05 in Q1-26 from AED 0.01 a year earlier, according to the interim financial results.
Additionally, the revenues hiked to AED 9.94 billion at the end of March 2026 from AED 517.05 million in Q1-25. This growth was backed by organic growth and the consolidation of Tendam, 2PointZero, and Ghitha.
CEO of 2PointZero Group, Samia Bouazza, commented: “We completed the acquisition of a 60.80% majority stake in ISEM Packaging Group for AED 704 million, entering packaging as our sixth consumer vertical.”
“We participated in the Series G financing of WHOOP, and through ePointZero, we signed an agreement to acquire a 100% stake in US-based Traverse Midstream Partners for $2.25 billion, marking a significant step into North American energy infrastructure,” Bouazza added.
2PointZero closed 2025 with higher net profits at AED 3.62 billion, compared to AED 189.03 million in 2024.
