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Highlights
- RMD recorded 10% YoY increase in revenue to USD 1,282.1 million in 2QFY25
- Net income in 2QFY25 surged 65% YoY to USD 344.6 million.
- RMD CFO acquired 1,000 securities in the company, taking the total holding to 90,864 securities.
ResMed Inc. (ASX:RMD) is an ASX-listed company that offers digital health technologies and cloud-connected medical devices. In the quarter ended 31 December 2024 (2QFY25), the company recorded a 10% YoY revenue growth, reaching USD 1,282.1 million, driven by increased demand for sleep and respiratory health products, alongside growing adoption of digital health solutions.
Net income in 2QFY25 saw a 65% YoY surge to USD 344.6 million, primarily due to robust sales and improvement in gross margins by 300 basis points. Operating cash flow also increased by 13% YoY, hitting USD 308.6 million, including USD 78 million in dividends.
Outlook
The company intends to capitalise on demand for home-based patient care as it is expected to sustain demand for its devices.
With growing consumer interest in wearable health devices, ResMed aims to expand its footprint in the digital health market, particularly in sleep monitoring and respiratory care.
Furthermore, the company plans to enhance productivity and expand margins through improved manufacturing and logistics processes, targeting further cost reductions.
Recent Business Update
In a sign of internal confidence, ResMed’s Chief Financial Officer, Brett Sandercock, acquired 1,000 securities, bringing his total holdings to 90,864 securities as of 10 March 2025.
Top 10 shareholders of RMD
The top 10 shareholders of RMD collectively hold approximately 7.37% of the company’s total shares. Vanguard Investments Australia Ltd. leads with a stake of around 1.57%, followed by Schroder Investment Management (Singapore) Ltd. with approximately 1.08%.
Share performance of RMD
RMD shares closed 4.77% lower at AUD 35.73 per share on 12 March 2025. Over the past year, RMD’s share price has jumped 25.28% and in the last three months, it has dropped by almost 6.66%.
52-week high of RMD is AUD 40.75, recorded on 30 January 2025 and 52-week low is AUD 27.05, recorded on 18 April 2024.
Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency, is 12 March 2025. The reference data in this report has been partly sourced from EODHD/Others.
Technical Indicators Defined:
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.






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