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Monash IVF Group (MVF) investor relations material
Monash IVF Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary20 Nov, 2025
Opening remarks and agenda
The Chair and Acting CEO opened the meeting, acknowledged traditional owners, welcomed attendees, confirmed a quorum, and outlined participation and voting procedures.
Directors, senior executives, and auditors were introduced, and the agenda included financial and operational updates, voting, and Q&A.
Financial performance review
Revenue grew by 6.7% to AUD 271.9 million and underlying EBITDA rose by 5.6% to AUD 66.3 million in FY2025.
Underlying net profit after tax was AUD 27.4 million, in line with guidance, despite sector softening and adverse incidents; reported NPAT was AUD 25.7 million.
Stimulated cycles declined by 5%, with market share losses in Victoria and Queensland, but gains in South Australia and Western Australia.
International operations contributed about 10% of group revenue, with Southeast Asia showing growth potential.
Pre-tax operating cashflow conversion to EBITDA was 86%.
Board and executive committee updates
CEO Michael Knaap stepped down in May; CFO Malik Jainudeen is acting CEO.
Dr. Victoria Atkinson appointed as new CEO, effective May 2026.
Board renewal process is ongoing, with new director Dr. Dwayne Crombie joining in November 2025.
No doctor losses to competitors YTD; new doctor pipeline remains positive.
Explain the 12% YTD STIM cycle decline drivers?
Detail how strategic investments will drive growth
What underpins confidence in FY26 dividend?
Address VIC market share decline strategy
Justify net profitability of international ops
Explain insurance limit adequacy post-incidents
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Next Monash IVF Group earnings date
H1 202625 Feb, 2026
Next Monash IVF Group earnings date
H1 202625 Feb, 2026
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Frequently asked questions
Monash IVF Group Limited is an Australian healthcare company providing fertility services, reproductive genetic testing, and assisted reproductive treatments. The company operates a network of fertility clinics and laboratories offering a range of services, including in vitro fertilization (IVF), genetic screening, diagnostics, and support for patients seeking to conceive. Monash IVF Group also engages in research and development to advance reproductive medicine and improve patient outcomes. Its services cater to individuals and couples across Australia and Southeast Asia. The company is headquartered in Richmond, Victoria, and its shares are listed on the ASX.
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