Promisia Healthcare (PHL) AGM 2025 Presentation summary

Strategic transformation and vision

• Completed Cromwell acquisition and Eileen Mary sale, resetting strategic direction and strengthening operational foundations.

• Vision centers on being a trusted, sustainable provider with a focus on connected communities and high occupancy rates above 95%.

• Growth strategy includes acquiring and integrating medium-large care facilities, diversifying revenue, and investing in higher care beds.

• Emphasis on expert governance, skilled teams, and disciplined use of shareholder funds to drive efficiency and profitability.

Financial performance and capital management

• FY25 operating revenue rose 37% to $31.1m; underlying EBITDAF increased 11.5% to $4.19m.

• Total assets reached $172m, up 104%, with NTA per share up 25% to $0.79.

• All interest-bearing debt consolidated with BNZ, reducing LTV from 55.6% to 42.9% and interest rates from 9.0% to 7.1%.

• $4.725m capital raised, Eileen Mary facility sold to reduce debt, and liquidity improved with headroom over $1m.

Growth outlook and capital allocation

• FY26 earnings guidance projects underlying EBITDAF growth in excess of 25%.

• Key growth drivers: dementia wing conversion, care suite sales, full-year Cromwell contribution, occupancy gains, and 4% bed rate funding uplift.

• Capital allocated to Golden View Village ownership, balance sheet strength, targeted capex, and earnings-accretive acquisitions.

• Dividend policy under development; focus remains on reinvestment and debt repayment.