Promisia Healthcare (PHL) H2 2025 earnings summary

Executive summary

• Achieved transformational growth with acquisitions of Golden View Lifestyle Village and Ripponburn Home and Hospital, and sale of Eileen Mary facility, strengthening financial foundations and positioning for sustainable growth.

• Successful $4.7 million capital raise, share/warrant consolidation, and full debt restructure with BNZ, improving funding terms and reducing average interest rate.

• Focused on quality care, high occupancy, and staff engagement, with operational improvements and integration of new facilities.

• Management changes included promotion of CFO and appointment of new COO, supporting operational cohesion and future growth.

Financial highlights

• Revenue increased 37% year-over-year to $31.08 million, driven by acquisitions and higher occupancy.

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

• Net profit increased to $6.8 million, including a $6.6 million bargain purchase gain from acquisitions.

• Net tangible assets per share up 25% year-over-year to $0.79.

• Loan-to-value ratio improved to 42.9% from 48.8%, with weighted average interest rate reduced to 7.1%.

Outlook and guidance

• FY26 focus on embedding acquisitions, improving operational margins, and enhancing shareholder value.

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

• Plans to increase care capacity at Golden View and fully utilise new dementia wing at Nelson Street.

• Continued emphasis on occupancy growth, operational integration, and service enhancement.