Rand Merchant Insurance Holdings Overview

  • Founded
  • 2010
Founded
  • Status
  • Public
  • Stock Symbol
  • RMI
Stock Symbol
  • Investments
  • 6
  • Share Price
  • $2.10
  • (As of Friday Closing)

Rand Merchant Insurance Holdings General Information

Description

Rand Merchant Investment Holdings Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.

Contact Information

Website
www.rmih.co.za
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Multi-line Insurance
Other Industries
Holding Companies
Stock Exchange
JSE
Primary Office
  • PO Box 786273
  • Sandton
  • Johannesburg, 2146
  • South Africa
+27 011 000 0000
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Rand Merchant Insurance Holdings Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.10 $2.12 $1.64 - $2.52 $3.24B 1.53B 1.26M $0.06

Rand Merchant Insurance Holdings Financials Summary

In Thousands,
USD
TTM 31-Dec-2020 FY 2020 30-Jun-2020 FY 2019 30-Jun-2019 FY 2018 30-Jun-2018
EV 3,990,926 2,567,577 4,435,478 5,020,839
Revenue 1,069,705 1,051,192 1,117,505 1,167,449
EBITDA 183,350 200,725 406,449 445,938
Net Income 92,342 101,510 284,831 303,020
Total Assets 3,632,882 2,972,440 3,291,697 3,245,292
Total Debt 9,829 137,107 192,841 197,870
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Rand Merchant Insurance Holdings Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Rand Merchant Insurance Holdings Executive Team (1)

Name Title Board Seat Contact Info
Herman Bosman Chief Executive Officer, Financial Director and Board Member
To view Rand Merchant Insurance Holdings’s complete executive team members history, request access »

Rand Merchant Insurance Holdings Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 00000 000 16-Nov-2020 000000000000000000 00.000 Multi-line Insurance 000000 000000
0000 19-Sep-2017 00000 00000 00 000 Other Financial Services
00000000 00000 000 01-Mar-2017 000000000 00000000 00000 Multi-line Insurance 000000 000000
0000000000 01-Jan-2015 000000000 00000000 Asset Management
Merchant Capital (Proprietary) 01-Jan-2015 Corporate Specialized Finance 000000 000000
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Rand Merchant Insurance Holdings Subsidiaries (2)

Company Name Industry Location Founded
AlphaCode (South Africa) Accelerator/Incubator Johannesburg, South Africa
000 0000000000 000 Asset Manager Sandton, South Africa
To view Rand Merchant Insurance Holdings’s complete subsidiaries history, request access »

Rand Merchant Insurance Holdings Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 19-Sep-2017 00000 00000 00 000 Completed
  • 6 buyers
To view Rand Merchant Insurance Holdings’s complete exits history, request access »