Abu Dhabi – Mubasher: Phoenix Group generated revenue worth $117.74 million in 2025, signaling a decrease from $205.68 million in 2024.
The group shifted to net losses to the shareholders worth $271.65 million against net profits of $167.37 million in 2024, according to the preliminary financial results.
The loss per share hit $0.045 in 2025 when compared to $0.028 in the previous year.
Adjusted EBITDA in 2025 stood at $3.41 million, while the total assets retreated to $684.25 million from $962.37 million in 2024.
In the first nine months (9M) of 2025, Phoenix Group posted revenue of $92.32 million and a net loss to the shareholders worth $299.13 million.
