Promisia Healthcare (PHL) H2 2025 earnings summary

Executive summary

• Achieved a 37% year-over-year increase in operating revenue to $31.08 million, driven by acquisitions and higher occupancy.

• Net profit after tax surged 318% to $6.8 million, reflecting operational improvements and acquisition gains.

• Completed acquisitions of Golden View Lifestyle Village and Ripponburn Home and Hospital, and sold Eileen Mary facility.

• Successfully executed a $4.7 million capital raise and consolidated all interest-bearing debt under BNZ.

Financial highlights

• Underlying EBITDAF rose 11.5% to $4.2 million, in line with market guidance.

• Total assets increased 104% to $172 million.

• Net tangible assets per share climbed 25% year-over-year to 79 cents.

• Operating expenses increased to $23.9 million due to scale and integration costs.

• Valuations of care facilities and villages increased by $3.7 million.

Outlook and guidance

• Underlying EBITDAF is anticipated to grow in excess of 25% in FY26.

• Continued focus on operational enhancement and sustainable expansion.

• Occupancy expected to benefit from the opening of a new 20-bed dementia wing.