Multi-disciplinary service & consultancy company.
Amanet is entering 2026 with a larger backlog and a stronger computing engine, but the real quality test is whether that backlog turns into margin and cash rather than just reported revenue.
The engineering-company move matters because it pushes Amanet from small advisory bolt-ons toward a staged engineering-execution platform with a preset valuation floor and a capital commitment that could run for years.
Amanet ended 2025 with acceptable accounting profit and good liquidity, but the increase in cash relied mainly on portfolio realizations and the Amagon sale rather than on strong operating cash conversion.
