Investment Case

Why invest in Presight?

Healthy historical revenue growth

Presight AI Holding PLC (Presight) has historically delivered healthy financial performance characterized by solid revenue growth, healthy margins and robust cash flow generation. Presight’s revenue growth has been strong, at USD 423 million for the financial year ending 31 December 2022, up 16% on the financial year ending 31 December 2021. This revenue growth has resulted from a material growth in Presight’s customer order book comprising long-term recurring customer contracts.

Presight has demonstrated substantial growth in profitability, recording gross profit for the financial year ending 31 December 2022 of USD 266 million, up 92% on the financial year ending 31 December 2021, and net profit of USD 148 million for the financial year ending 31 December 2022, an increase of 55% on the financial year ending 31 December 2021. Gross and net profit margins are solid, at 63% and 35% respectively for the financial year ending 31 December 2022.

Clear growth strategy

Presight has an ambitious growth strategy. The key pillars of this strategy are:

• International Expansion: Presight is well positioned to capture international market share, by setting up efficient ‘go- to-market’ channels, marketing programs, increasing local presence and infrastructure.
• Inorganic Growth: Presight expects to make significant investments in its core focus area of AI and big-data analytics with the objective of enhancing its product portfolio and technological capabilities.
• Research & Development: Presight’s R&D capabilities are a key component of its historical success and growing its operational footprint, leading to the development of its proprietary TAQ platform deployed our core and priority verticals.

Strong organic growth pipeline

Presight currently has a strong pipeline of new and recurring customer contracts fuelling a healthy customer order book and organic revenue streams.

Backed by a key cornerstone investor

Presight has entered into a cornerstone investment agreement with International Holding Company (ADX:IHC). This cornerstone agreement demonstrates the confidence IHC has in Presight’s growth trajectory and paves the way for further collaboration and growth opportunities regionally and globally.