About Alef Education
Established in 2016, Alef Education is an award-winning AI-powered learning solutions provider based in Abu Dhabi that integrates technology, data analytics, and pedagogy to redefine teaching and learning experiences across K-12 education. Alef Education is deeply embedded in the Abu Dhabi education landscape and serves all public schools through its personalised learning platforms and digital content.
Globally recognised for its innovative approach to education, Alef Education has expanded internationally, leveraging its proven success in improving educational outcomes, addressing the diverse learning needs of students and empowering educators with practical tools for instruction and assessment.
Chairman’s Message
His Excellency Abdulhamid Mohammed Saeed Alahmadi
Chairman“Since its inception, Alef Education has played a pivotal role in advancing the UAE’s education landscape, delivering a significant, tangible, and positive impact for the students and education communities we serve. We take immense pride in our standing as a trusted partner of choice for both governments and education institutions, catering to their diverse and evolving education and learning requirements.
Our successful track record of growth, underpinned by the value we provide and the trust we have built with international governments, customers, and partners – including ADEK – has culminated in this milestone moment. With a robust governance framework, seasoned leadership team, and clear growth strategy, we firmly believe that Alef Education is ready to become a publicly listed company. We are not only offering investors the opportunity to participate in the growth of a company with a truly unique proposition – as the first-ever EdTech company to be listed in the UAE – but also one that is operating in a sector with considerable tailwinds, growth and value drivers.”
Alef Education in Numbers
Financial Highlights (2023)
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AED 750 million
Revenue -
AED 489 million
Adjusted EBTIDA -
65%
Adjusted EBITDA Margin -
AED 455 million
Adjusted Net Profit -
61%
Adjusted Net Profit Margin -
93%
Cash Conversion -
AED 480 million
Operating Free Cash Flow
Operational Highlights (2023)
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~7,000
*geographical locations include UAE, US, Indonesia and Morocco
Registered Schools -
~1.1 million
Registered Students -
~50,000
Teachers -
~16 million (per day)
Learning Data Points Captured -
12-year long-term minimum fee contract
ADEK contract
*7 years remaining before due for renewal
IPO Timeline
Key Documents
Stay up to date with the latest announcements
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Documents
Pricing Statement
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Final pricing announcement
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Announcement on Increase in Retail Investor Offer Size
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International Offering Memorandum
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Documents
Price Range and Start of Subscription Period Announcement
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ITF Announcement
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Prospectus
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Factsheet
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FAQs