Automobile Association of Kenya has reported a 6.2 per cent growth in revenue to Sh998.9 million in the year ended December 2025 in the association’s final year before moving operations to AA Kenya PLC.
The association reported revenues of Sh940.9 million in 2024.
The revenue growth was driven largely by the driving school business, which generated Sh535.6 million, a 10.3 per cent growth compared to Sh485.6 million reported in 2024.
Income from the AA Institute, AA Kenya’s specialized training center offering professional driver instruction, defensive driving, and technical certifications, rose to Sh64.7 million from Sh43.1 million.
However, several income streams contracted. Membership subscriptions fell to Sh84.4 million from Sh86.6 million, international driving permit income declined to Sh57.2 million from Sh61.6 million, and seminar income dropped to Sh35.3 million from Sh42.3 million.
Shareholders approved a final dividend of Sh0.06 per share for the year ended December 2025, a 15 per cent increase on the previous year’s payout, at AA Kenya PLC’s annual general meeting held on August 18, 2026.
The financial results cover the legacy association and its group, whose business, assets and liabilities were being transferred to the AA Kenya PLC as part of a restructuring aimed at preparing the motoring services business for a Nairobi Securities Exchange (NSE) listing.
The restructuring follows a demutualization process launched in 2021 to convert AA Kenya from a member-based association into a company limited by shares, creating a structure intended to support expansion and future capital raising.
“The business was formerly transferred on 31 December 2025 to AA Kenya PLC, which was determined as the long stop date; this is after both AA Kenya PLC and Automobile Association of Kenya had met the required regulatory requirements on transfer of business, “ the association said in its latest annual report
In AA Kenya PLC’s first AGM last year, shareholders approved a series of capital restructuring measures ahead of the planned NSE listing.
These measures included a 16-for-one share split, converting each existing Sh8 share into 16 shares with a par value of 50 cents, and a bonus issue of 6,136,665 new shares at a ratio of one new share for every five held.
The meeting also authorized the board to take the necessary steps to list the company on the NSE by introduction. Under this route, existing shares are admitted to trading without a new public share offer being made as part of the listing.
At the company’s 2026 AGM held on August 18, shareholders approved an amendment to the articles of association, reducing the maximum permitted number of directors from 14 to nine, while retaining a minimum of two.
Shareholders also re-elected Beatrice Atieno Rariewa, Samuel Gachoka, Samuel Waweru, Manoj Shah, Charles Waithima, Erastus Mwongera and Aggrey Jonathan K. Bett as directors, while Prof CPA Arnety Nangila Makokha was elected to the board following a recommendation by directors.
