SHUAA Capital Achieves Major Turnaround in 2025
SHUAA Capital reports a remarkable recovery with a net profit of AED 198 million in the first nine months of 2025, reversing last year's net loss.
Summary
SHUAA Capital has reported a net profit of AED 198 million for the first nine months of 2025, marking a significant turnaround from a net loss of AED 138 million in 2024. This improvement is attributed to successful strategic initiatives and operational efficiencies.
SHUAA Capital PSC, a leading asset management and investment banking platform based in the United Arab Emirates, has reported a noteworthy financial recovery for the first nine months of 2025. The company announced a net profit of AED 198 million, a significant turnaround from a net loss of AED 138 million during the same period in 2024. This remarkable improvement underscores SHUAA's strategic efforts to optimize capital and focus on operational efficiency.
SHUAA's revenue for the first nine months of 2025 stood at AED 62 million, with a cost-to-income ratio improving to 92%, down from 103% in the previous year. Despite a net loss of AED 16 million in Q3 2025, primarily due to non-recurring items and timing delays in investment banking transactions, the quarter still reflects an improvement over Q3 2024, which saw a net loss of AED 22 million.
The company's balance sheet optimization measures, including an increase in share capital through a mandatory convertible bond and a settlement agreement with a key creditor, have strengthened its financial foundation. As of September 2025, SHUAA's equity stood at AED 602 million, a substantial increase from AED 41 million in December 2024. Moreover, the debt-to-equity ratio improved significantly to 0.7x, down from 24x at the end of last year.
Nabil Al Rantisi, Group CEO of SHUAA Capital, emphasized the company's focus on aligning its business around core strengths and addressing legacy challenges. He stated, SHUAA has taken decisive steps to strengthen its financial foundation and align the business around its core strengths. The successful implementation of strategic initiatives and continued progress in addressing legacy challenges have better positioned the Group for its next phase of growth.
Given SHUAA's impressive turnaround and strategic positioning for future growth, investors might consider holding their positions in the company. The improved financial metrics and strategic initiatives suggest a promising outlook, making SHUAA Capital a potentially rewarding investment in the long term.
Source
Summary
SHUAA Capital reported a net profit of AED 198 million for the first nine months of 2025, a significant improvement from a net loss of AED 138 million in the same period last year. This turnaround is attributed to the successful execution of SHUAA's capital optimization strategy and a focus on operational efficiency. The company achieved revenues of AED 62 million with an improved cost-to-income ratio of 92%, compared to 103% the previous year. In Q3 2025, SHUAA experienced a net loss of AED 16 million, mainly due to non-recurring items and timing delays, yet this was an improvement over Q3 2024's net loss of AED 22 million. Balance sheet optimization included an increase in share capital and settlement with a key creditor, resulting in equity rising to AED 602 million by September 2025 and a reduced debt-to-equity ratio of 0.7x. CEO Nabil Al Rantisi highlighted the strategic initiatives and focus on core strengths as key to SHUAA's future growth and value creation for shareholders.
