Beyon reports strong growth in revenue during the first six months of 2025, despite a slight decline in profit. The Bahrain-based technology group announced a 9% increase in revenue, reaching BD242.8 million ($644 million). This rise was driven by growing demand for mobile, broadband, wholesale, and digital services.
Although overall revenue surged, net profit attributable to equity holders dropped by 9% year-on-year. The decline brought net earnings to BD35.3 million ($93.6 million), mainly due to new domestic taxes and acquisition costs. Earnings per share fell to 21.3 fils, compared to 23.3 fils in the same period last year.
Still, Beyon reports strong growth in several key areas. The customer base expanded by 6%, with mobile subscribers increasing by 7% and broadband by 3%. These gains highlight the company’s ongoing success in attracting and retaining users in a competitive market.
For the second quarter alone, Beyon recorded a revenue increase of 11%, reaching BD125.3 million ($332.4 million). However, net profit declined to BD17.2 million ($45.6 million), compared to BD19.8 million ($52.5 million) in Q2 2024. The profit dip was again attributed to taxation and acquisition charges.
Despite the lower profits, Beyon’s ebitda grew 3% in H1 and 4% in Q2. The board approved an interim dividend of 13.5 fils per share, matching last year’s payout. This move reaffirms the company’s commitment to shareholder returns.
Executives remain confident about the future. They emphasized ongoing investments in secure connectivity, digital infrastructure, and innovation. Projects such as Bahrain’s first digital eSIM service, Voya, underline the company’s tech-forward approach.
Beyon CEO Andrew Kvaalseth noted that Beyon reports strong growth in both domestic and regional operations. In Jordan, subsidiary Umniah achieved a 9% revenue rise. Meanwhile, enterprise collaborations and fintech advancements continue to evolve.
Additionally, Beyon Connect expanded its influence through regional events, promoting public-private digital transformation. Overall, Beyon reports strong growth across its telecom and digital sectors, setting a positive outlook for the second half of 2025.
