FY23 Full-Year Results Presentation
Regis Healthcare Limited | FY23 Full-Year Results Presentation
FY23 Overview
Financial Overview
Revenue from services of $780.6 million, up 7.6% on pcp
Underlying EBITDA1 of $83.3 million, up 6.7% on pcp
NPATA¹ of $28.5 million, up 631% on pcp
Statutory net loss after tax of $28.5 million impacted by non-cash bed licence amortisation²
Net operating cash flow of $105.2 million includes net RAD receipts of $43.6 million
Net debt of $6.0 million, down 94.2% or $96.9 million on pcp
Board of Directors resolved to pay a final dividend of 7.48 cents per ordinary share
(50% franked) payable 27 September 2023
Total dividends pay-out represents 100% of NPATA
Operational Highlights
Average occupancy of 91.5% (H2 FY23: 92.0%) significantly up on 89.8% in prior year
Achieved all-time high of 6,521 occupied beds or 93.7% in June 2023
Improvement in average portfolio overall star rating from 3.11 (Q1 FY23) to 3.14 (Q3 FY23)
Average care minutes increased from 165.3 minutes (Q1 FY23) to 178.8 minutes (Q4 FY23)³
Received net proceeds of $60 million from sale of non-income producing assets
Revenue from Services
Average Occupancy
$780.6 million 91.5%
Underlying EBITDA¹
Overall star rating (Q3 FY23)
$83.3 million 3.14
NPATA¹
$28.5million
Net Operating Cash Flow
$105.2 million
Net RAD Receipts
$43.6 million
Care minutes (Q4 FY23)³
178.8
Net Debt
$6.0 million
Final Dividend
7.48 cents
¹Refer page 29 for definitions of Non-IFRS financial measures and page 27 for reconciliation of statutory results to Non-IFRS financial measures
2Net loss after tax includes $57.0m bed licence amortisation (after tax) during the year - refer page 29
3As submitted to DHAC -4 August 2023
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