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Paragon Care (PGC) investor relations material
Paragon Care H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved $3.6 billion in revenue and $95.2 million underlying EBITDA for FY 2025, reflecting an 8.3% revenue increase and 3% EBITDA growth year-over-year.
Completed integration of ParagonCare, CH2, and Oborne Health Supplies under a unified strategy, with JDE ERP integration on track for FY26.
Launched new business units in Aesthetics, Robotics, and Dental, and expanded distribution partnerships across Asia-Pacific.
Secured a $400 million debt facility with no earnings or leverage-based covenants, supporting ongoing growth and integration.
Financial highlights
Underlying EBITDA reached $95.2 million, up $2.8 million from the prior year; statutory EBITDA was $88.5 million.
Net profit after tax was $31.2 million underlying and $20.6 million statutory.
Gross margin dollars increased 8% to $324 million; margin rates remained stable.
Free operating cash flow was -$11 million, impacted by delayed receivables from a major retail pharmacy group.
Contract logistics sales up 25% to $336 million; clinical manufacturing sales up 9% to $25 million.
Outlook and guidance
Revenue and profit expected to grow in FY 2026, with profitability improving as synergies are realized.
Revenue growth for FY 2026 anticipated in the mid-single digits, not matching the 8% of FY 2025.
Focus on organic growth, integration, and expansion in Asia-Pacific, with a strong M&A pipeline.
Directors to revisit dividend policy in FY 2026; further trading updates to be provided at the AGM.
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