Salik records Dh1.53 billion in annual revenue, experiencing a significant 36% increase throughout the year.
In the bustling city of Dubai, the toll operator Salik has reported a robust first-half performance in 2025. The company made a significant 318.4 million chargeable trips, marking a notable increase from previous years.
Salik's strong performance is attributed to its strategic expansion into digital payments, parking solutions, and innovative mobility services. The introduction of variable pricing to ease congestion and the opening of two new toll gates have also contributed to the company's success.
The company's earnings reflect this success, with a year-on-year increase of 39.5%. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Salik in H1 2025 rose 44.2% to Dh1.07 billion, resulting in an EBITDA margin of 69.7%.
This impressive margin represents a 230 basis points increase compared to 67.4% in H1 2024. For the full year 2025, Salik has upgraded its EBITDA margin guidance to a range of 68.5% to 69.5%, reflecting confidence in sustaining this high level of operational profitability.
Traffic patterns during Ramadan in H1 2025 adjusted smoothly, and collaborations with LIVA for motor insurance and a Memorandum of Understanding (MoU) with ENOC to introduce smart fuel payments are part of Salik's push to create a more seamless mobility experience.
Total trips (including discounted) in H1 2025 were 424.2 million, up 39.6% year-on-year. Total revenue for Salik in H1 2025 was Dh1.53 billion. The company's parking payment partnerships with Emaar Malls and Parkonic contributed Dh8.7 million in revenue in H1 2025.
Free cash flow in H1 2025 was Dh1.11 billion, up 62.4% year-on-year. Tag activation fees in H1 2025 were Dh22.9 million, up 16.2% year-on-year. Net profit for Salik in H1 2025 rose 41.5% year-on-year to Dh770.9 million.
The Board of Salik approved a cash dividend of Dh770.9 million, equivalent to 10.278 fils per share. This dividend represents 100% of H1 profits for Salik.
Salik's strong first-half performance positions the company well to generate sustained value while scaling and diversifying its services. The company is "well-positioned to generate sustained value while scaling and diversifying its services." [Salik spokesperson]
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