MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the first six months ended 30 June 2025.

Financial Summary

The Company achieved total revenue of QR 188.6 million, increasing 5.1% (or QR 9.2 million) year-on-year due to higher data centre and solutions revenue.  Data Center revenue increased by 7.2% (or QR 5.2 million) year on year, reflecting the strategy to continue to expand this high-margin segment.

MEEZA’s Net Profit reached QR 28.7 million in the first half with Earnings Per Share (EPS) of QR 0.044 and a Net Profit Margin of 15.2%.

Compared to Q1 2025, total revenue in Q2 2025 increased by 19.9% to reach QR 102.8 million, while Net Profit in the same period increased by 18.5% to reach QR 15.5 million.

Excluding a material one-off benefit to cost of sales in last year’s financial results, Net Profit for the first six months increased by 22.0% (or QR 5.2m), with Net Profit margin expanding 2.1pp after removing this exceptional item.

Operational Progress

As part of its ongoing expansion efforts, MEEZA has achieved approximately 75% completion of the M-Vault 4 data center expansion project, with a capacity of 4 megawatts. The facility is scheduled to launch in the first half of 2026. MEEZA’s existing data centers are currently

operating at 97% capacity utilization, underscoring the strong demand for MEEZA’s premium digital infrastructure services.