Announcement • May 10
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q1, 2026 Results on May 11, 2026 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q1, 2026 results on May 11, 2026 Announcement • Mar 31
Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 22, 2026 Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 22, 2026, at 14:00 Arabian Standard Time. Location: abu dhabi United Arab Emirates Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: د.إ0.088 (vs د.إ0.029 in FY 2024) Full year 2025 results: EPS: د.إ0.088 (up from د.إ0.029 in FY 2024). Revenue: د.إ159.4m (up 60% from FY 2024). Net income: د.إ48.3m (up 203% from FY 2024). Profit margin: 30% (up from 16% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Announcement • Mar 03
Al Ramz Corporation Investment and Development P.J.S.C. to Report Fiscal Year 2025 Results on Mar 09, 2026 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report fiscal year 2025 results on Mar 09, 2026 New Risk • Jan 16
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 7.3% 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. Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: د.إ0.025 (vs د.إ0.012 in 3Q 2024) Third quarter 2025 results: EPS: د.إ0.025 (up from د.إ0.012 in 3Q 2024). Revenue: د.إ47.5m (up 50% from 3Q 2024). Net income: د.إ13.6m (up 98% from 3Q 2024). Profit margin: 28% (up from 22% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Oct 28
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q3, 2025 Results on Nov 03, 2025 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q3, 2025 results on Nov 03, 2025 Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: د.إ0.022 (vs د.إ0.001 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.022 (up from د.إ0.001 in 2Q 2024). Revenue: د.إ36.1m (up 83% from 2Q 2024). Net income: د.إ12.1m (up د.إ11.4m from 2Q 2024). Profit margin: 34% (up from 3.8% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to د.إ1.19, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 10x in the Capital Markets industry in United Arab Emirates. Total returns to shareholders of 16% over the past three years. Announcement • May 07
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q1, 2025 Results on May 12, 2025 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q1, 2025 results on May 12, 2025 New Risk • Apr 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin). Board Change • Apr 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 24
Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 15, 2025 Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 15, 2025, at 14:00 Arabian Standard Time. Board Change • Mar 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 25
Al Ramz Corporation Investment and Development P.J.S.C. to Report Fiscal Year 2024 Results on Mar 03, 2025 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report fiscal year 2024 results on Mar 03, 2025 Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: د.إ0.012 (vs د.إ0.014 in 3Q 2023) Third quarter 2024 results: EPS: د.إ0.012 (down from د.إ0.014 in 3Q 2023). Revenue: د.إ31.6m (up 13% from 3Q 2023). Net income: د.إ6.85m (down 13% from 3Q 2023). Profit margin: 22% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Board Change • Oct 30
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to د.إ1.61, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 18x in the Capital Markets industry in United Arab Emirates. Total returns to shareholders of 137% over the past three years. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: د.إ0.001 (vs د.إ0.012 in 2Q 2023) Second quarter 2024 results: EPS: د.إ0.001 (down from د.إ0.012 in 2Q 2023). Revenue: د.إ19.7m (down 24% from 2Q 2023). Net income: د.إ747.0k (down 88% from 2Q 2023). Profit margin: 3.8% (down from 25% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jul 31
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q2, 2024 Results on Aug 05, 2024 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q2, 2024 results on Aug 05, 2024 Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to د.إ1.40, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 16x in the Capital Markets industry in United Arab Emirates. Total returns to shareholders of 133% over the past three years. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: د.إ0.003 (vs د.إ0.013 in 1Q 2023) First quarter 2024 results: EPS: د.إ0.003 (down from د.إ0.013 in 1Q 2023). Revenue: د.إ26.7m (down 2.0% from 1Q 2023). Net income: د.إ1.61m (down 78% from 1Q 2023). Profit margin: 6.0% (down from 27% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Mar 08
Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 22, 2024 Al Ramz Corporation Investment and Development P.J.S.C., Annual General Meeting, Apr 22, 2024, at 10:00 Coordinated Universal Time. Location: Abu Dhabi, Al Reem Island, Sky tower, 35th floor Abu Dhabi United Arab Emirates Agenda: To consider and approve the appointment of the meeting secretary and collectors of votes; to Review and approve of the Board of Directors' report on the Company's activity and its financial position for the fiscal year ended on 31 December 2023; to Review and approve the Auditor's report for the fiscal year ended 31 December 2023; and to consider other matters. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: د.إ0.072 (vs د.إ0.065 in FY 2022) Full year 2023 results: EPS: د.إ0.072 (up from د.إ0.065 in FY 2022). Revenue: د.إ118.5m (up 15% from FY 2022). Net income: د.إ39.7m (up 22% from FY 2022). Profit margin: 34% (up from 32% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Feb 22
Al Ramz Corporation Investment and Development P.J.S.C. to Report Fiscal Year 2023 Results on Feb 26, 2024 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report fiscal year 2023 results on Feb 26, 2024 Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Nov 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Dhafer Al Ahbabi was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Nov 04
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q3, 2023 Results on Nov 06, 2023 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q3, 2023 results on Nov 06, 2023 Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: د.إ0.012 (vs د.إ0.025 in 2Q 2022) Second quarter 2023 results: EPS: د.إ0.012 (down from د.إ0.025 in 2Q 2022). Revenue: د.إ25.9m (down 16% from 2Q 2022). Net income: د.إ6.41m (down 53% from 2Q 2022). Profit margin: 25% (down from 44% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Announcement • May 05
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q1, 2023 Results on May 08, 2023 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q1, 2023 results on May 08, 2023 Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to د.إ1.47, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 20x in the Capital Markets industry in Asia. Total returns to shareholders of 53% over the past year. Announcement • Nov 02
Al Ramz Corporation Investment and Development P.J.S.C. to Report Q3, 2022 Results on Nov 07, 2022 Al Ramz Corporation Investment and Development P.J.S.C. announced that they will report Q3, 2022 results at 12:30 PM, Arabian Standard Time on Nov 07, 2022 Reported Earnings • May 11
First quarter 2022 earnings released: EPS: د.إ0.017 (vs د.إ0 in 1Q 2021) First quarter 2022 results: EPS: د.إ0.017 (up from د.إ0 in 1Q 2021). Revenue: د.إ25.4m (up 111% from 1Q 2021). Net income: د.إ8.60m (up د.إ8.45m from 1Q 2021). Profit margin: 34% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: د.إ0.10 (up from د.إ0.02 loss in FY 2020). Revenue: د.إ120.9m (up 281% from FY 2020). Net income: د.إ54.5m (up د.إ65.4m from FY 2020). Profit margin: 45% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 25% share price gain to د.إ1.30, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 18x in the Capital Markets industry in United Arab Emirates. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 43% share price gain to د.إ1.05, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 17x in the Capital Markets industry in United Arab Emirates. Total loss to shareholders of 16% over the past three years. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS د.إ0.014 (vs د.إ0.037 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.إ23.1m (down 25% from 3Q 2020). Net income: د.إ7.56m (down 63% from 3Q 2020). Profit margin: 33% (down from 67% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
First quarter 2021 earnings released The company reported a soft first quarter result with weaker revenues and profit margins, although earnings were improved. First quarter 2021 results: Revenue: د.إ12.1m (down 121% from 1Q 2020). Net income: د.إ150.0k (up د.إ68.7m from 1Q 2020). Profit margin: 1.2% (down from 118% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 24
Full year 2020 earnings released: د.إ0.02 loss per share (vs د.إ0.007 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: د.إ38.9m (down 14% from FY 2019). Net loss: د.إ10.9m (down 367% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.