Announcement • Apr 03
Response Plus Holding PJSC, Annual General Meeting, Apr 24, 2026 Response Plus Holding PJSC, Annual General Meeting, Apr 24, 2026, at 15:00 Arabian Standard Time. Location: abu dhabi United Arab Emirates New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (484% cash payout ratio). Announcement • Apr 13
Response Plus Holding PJSC to Distribute Dividend for the Fiscal Year Ending on December 31, 2024 The Board of Directors of Response Plus Holding PJSC has announced the distribution of AED 20 million in final dividend to shareholders for the fiscal year ending on December 31, 2024. The announcement was approved during the Annual General Assembly meeting held on April 11, 2025 at the RPM Headquarters. The decision will enable RPM shareholders to receive AED 0.10 per share, with the total amount of dividend constituting 10% of the company's share capital. RPM's shareholders, who wish to collect their dividend, should note that the Last Entitlement Date (LED) has been set for April 17, 2025, the Exclusion Dividend Date (EXD) on April 18, 2025, and the Registry Closing Date (RCD) on April 21, 2025. New Risk • Mar 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Mar 19
Response Plus Holding PJSC, Annual General Meeting, Apr 11, 2025 Response Plus Holding PJSC, Annual General Meeting, Apr 11, 2025, at 15:00 Arabian Standard Time. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: د.إ0.27 (vs د.إ0.25 in FY 2023) Full year 2024 results: EPS: د.إ0.27 (up from د.إ0.25 in FY 2023). Revenue: د.إ456.5m (up 32% from FY 2023). Net income: د.إ53.5m (up 8.3% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Oct 17
Response Plus Holding Announces Executive Changes Response Plus Holding named Omran Al Khoori as the Chairman, according to a press release. Mohamed Monir Mohamed Yaqoub Hayat Khan was announced as the Vice Chairman for three years. Al Khoori, who was appointed Chairman of Response Plus in February 2024 until the board's term ended in September, joined Response Plus as a board member since its listing on the Abu Dhabi Securities Exchange (ADX) in September 2021. The new Chairman completed his Business Administration studies at Suffolk University in the USA. He served as a board member at Burjeel Holdings. Reported Earnings • Aug 17
First half 2024 earnings released: EPS: د.إ0.14 (vs د.إ0.13 in 1H 2023) First half 2024 results: EPS: د.إ0.14 (up from د.إ0.13 in 1H 2023). Revenue: د.إ209.9m (up 24% from 1H 2023). Net income: د.إ27.2m (up 2.2% from 1H 2023). Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses. Announcement • Aug 08
Response Plus Holding PJSC to Report First Half, 2024 Results on Aug 12, 2024 Response Plus Holding PJSC announced that they will report first half, 2024 results on Aug 12, 2024 Announcement • Apr 04
Response Plus Holding PJSC, Annual General Meeting, Apr 26, 2024 Response Plus Holding PJSC, Annual General Meeting, Apr 26, 2024, at 11:00 Coordinated Universal Time. Location: Response Plus Holding Headquarter 6th Floor, Emirates Real Estate Corp Building, Al Falah Street, Al Danah in Abu Dhabi Abu Dhabi United Arab Emirates Agenda: To consider authorizing the Chairman of the AGM to appoint the meeting secretary and the vote collector; to review and approve the report of the Board of Directors on the Company's activity and its financial position for the financial year ended 31/12/2023; to review and approve the Auditors' report for the financial year ended 31/12/2023; to discuss and approve the Company's balance sheet and profit and loss account for the fiscal year ended 31/12/2023; to consider the approval of the Board of Director's proposal for distribution of profits to the shareholders for the fiscal year 31/12/2023 amounting of AED 20,000,000; to consider the approval of the Board of Director's proposal for distribution of remuneration to the members of the board of directors for the fiscal year 31/12/2023; to discharge the members of the Board of Directors from liability for the fiscal year ended on 31/12/2023; and to consider other matters. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to د.إ4.30, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 23x in the Healthcare industry in Asia. Total loss to shareholders of 11% over the past year. New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Cash payout ratio: 434% Revenue has declined by 17% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Announcement • Feb 19
Response Plus Holding PJSC Appoints Omran Al Khoori as New Chairman The Board of Directors of Response Plus Holding PJSC (RPM), has announced the appointment of Mr. Omran Al Khoori as the new Chairman. The election of Mr. Al Khoori was announced at a Board Meeting held at the group's headquarters in Abu Dhabi on 15th February, 2024. During the meeting, the Board also announced the re-election of Dr. Mohamed Monir Mohamed Yaqoub Hayat Khan as the Vice-Chairman. Mr. Al Khoori joined as a member of the Board Member of Response Plus Holding since its listing on the Abu Dhabi Securities Exchange (ADX) in September 2021. In his enhanced role, Mr. Al Khoori will oversee the implementation of strategy of Response Plus Holding, ensuring the group maintains its strong position in the market through added-value partnerships within the communities it serves, and best-in-class medical services that comply with international standards. Additionally, Mr. Khoori aims to empower the investment activities of Response Plus Holding by strengthening the group's vision in the market and reinforcing its future growth prospects. Recognised as an Emirati leader of great calibre in the UAE's private sector, Mr. Al Khoori has played a pivotal role in reshaping the healthcare landscape. As a Board Member of Burjeel Holdings, Mr. Al Khoori has solidified the organisation as a cornerstone of private healthcare in the UAE. Under his guidance, the company has fostered high-value healthcare collaborations with government entities and industry leaders. Mr. Al Khoori has also supported Emiratisation initiatives in the private sector in alignment with the UAE's strategic goals. Mr. Al Khoori, who has completed his business administration from Suffolk University, Boston, USA, also serves as a member of the Board of Al Maryah Community Bank, a member of the Board of Dubai Islamic Insurance & Re-Insurance Company (Aman), and a member of the Board of Amanat Holdings. Announcement • Dec 28
Response Plus Holding Announces Chairman Changes Response Plus Holding announced the resignation of Shamsheer Vayalil Parambath Pokkinari Hashim from his position as the Chairman of the board. Hashim will remain in his position as a board member. Meanwhile, Muhammad Munir Muhammad Yagoob Hayat Khan, the Vice Chairman, will handle Hashim's responsibilities until the election of a new Chairman. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to د.إ4.79, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 24x in the Healthcare industry in Asia. Total loss to shareholders of 11% over the past year. Reported Earnings • Aug 19
First half 2023 earnings released: EPS: د.إ0.13 (vs د.إ0.10 in 1H 2022) First half 2023 results: EPS: د.إ0.13 (up from د.إ0.10 in 1H 2022). Revenue: د.إ168.8m (up 3.7% from 1H 2022). Net income: د.إ26.6m (up 29% from 1H 2022). Profit margin: 16% (up from 13% in 1H 2022). New Risk • Aug 18
New major risk - Revenue and earnings growth Revenue has declined by 17% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Cash payout ratio: 434% Revenue has declined by 17% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Announcement • Jul 27
Response Plus Holding Appoints Rohil Raghavan as New CEO Response Plus Holding announced the appointment of Rohil Raghavan as its new CEO. Raghavan, will be based in Abu Dhabi, said he looks forward to his tenure as the CEO of Response Plus. It is worth noting that Response Plus announced the resignation of the previous CEO Tomon Louis in 2023, while the Deputy CEO, Baneesh Valia Pediyel, temporarily filled in his position. New Risk • Jul 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 218% Cash payout ratio: 97% Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (9.1% net profit margin). Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to د.إ5.00, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 22x in the Healthcare industry in Asia. Total loss to shareholders of 33% over the past year. Upcoming Dividend • Apr 28
Upcoming dividend of د.إ0.07 per share at 7.3% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 29 May 2023. Trailing yield: 7.3%. Within top quartile of Emirian dividend payers (6.7%). Higher than average of industry peers (1.5%). Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: د.إ0.15 (vs د.إ0.33 in FY 2021) Full year 2022 results: EPS: د.إ0.15 (down from د.إ0.33 in FY 2021). Revenue: د.إ321.1m (up 7.0% from FY 2021). Net income: د.إ29.3m (down 55% from FY 2021). Profit margin: 9.1% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to د.إ6.35, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 17x in the Healthcare industry in Asia. Total loss to shareholders of 54% over the past year. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 16% share price gain to د.إ8.90, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 18x in the Healthcare industry in Asia. Total loss to shareholders of 45% over the past year. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: د.إ0.03 (vs د.إ0.07 in 2Q 2021) Second quarter 2022 results: EPS: د.إ0.03 (down from د.إ0.07 in 2Q 2021). Revenue: د.إ75.0m (up 7.6% from 2Q 2021). Net income: د.إ6.31m (down 53% from 2Q 2021). Profit margin: 8.4% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: د.إ0.07 (vs د.إ20.87 in 1Q 2021) First quarter 2022 results: EPS: د.إ0.07. Revenue: د.إ87.7m (up 150% from 1Q 2021). Net income: د.إ14.3m (up 129% from 1Q 2021). Profit margin: 16% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 20% share price gain to د.إ9.60, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 19x in the Healthcare industry in Asia. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 15% share price gain to د.إ9.00, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 18x in the Healthcare industry in Asia. Announcement • Feb 19
Response Plus Holding PJSC, Annual General Meeting, Mar 18, 2022 Response Plus Holding PJSC, Annual General Meeting, Mar 18, 2022, at 12:00 Coordinated Universal Time. Agenda: To review and approve the report of the Board of Directors on the company's activities and its financial position and its corporate governance report for the financial year ended December 31, 2021; to review and approve the Auditor's report for the financial year ended December 31, 2021; to discuss and approve the company's balance sheet and profit and loss account for the fiscal year ended December 31, 2021; to appoint auditors; and to consider any other matter thereof. Announcement • Nov 30
Response Plus Holding PJSC (ADX:RPM) acquired Health-Tech Training LLC for AED 9.8 million. Response Plus Holding PJSC (ADX:RPM) acquired Health-Tech Training LLC for AED 9.8 million on November 28, 2021.
Response Plus Holding PJSC (ADX:RPM) completed the acquisition of Health-Tech Training LLC on November 28, 2021. 