Regis Healthcare’s share price buoys on stronger than expected FY25 result
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More news: Shares in Regis Healthcare lifted in afternoon trade after the aged care provider posted better than expected FY25 results across a slew of indicators including net profit after tax, revenue and EBITDA came in ahead of market consensus estimates, according to Visible Alpha.
At 2:12pm AEST, Regis Healthcare shares had lifted 3.6% to $8.56, with the stock up 42.7% in the year to date.
RBC Capital Markets analyst Craig Wong-Pan said the financial services group expects “the stock to slightly outperform today given the stronger than expected FY25 results”.
Revenue was $101 million ahead of consensus, EBITDA was $57 million ahead of consensus and net profit after tax was $3 million ahead of consensus.
Regis Healthcare swings to $49m full-year profit
The news: Aged care provider Regis Healthcare swung to a full-year net profit of $49 million, after posting a $21.4 million loss during the previous year, as the company posted higher occupancy and made several acquisitions.
The numbers: The market consensus expectation was for a $46.4 million profit result for FY25. The aged care provider also posted underlying EBITDA of $125.8 million, which is 17.4% higher than the $107.2 million previously reported and in line with the $125.6 million that was expected.
Mature homes average occupancy increased to 95.6%, up from 94.1% in the previous corresponding period.
Regis declared a final 70%-franked dividend of 8.13 cents per share taking the full-year dividend to 16.22. This is ahead of the 12.92 cents posted in FY24 and the 14.83 cents expected by analysts.
The context: Regis managing director Linda Mellors said the company's strong result was driven by the improved occupancy and several recent acquisitions.
This includes the two residential aged care homes from Ti Tree Operations in December 2024, BodeWell Community Care in April 2025 and Rockpool RAC Holdings that is expected to be completed by 1 September 2025.
Mellors also flagged that an increase in care revenue from October 2024 and March 2025 driven by higher pricing under the Australian National Aged Care Classification funded an increase in mandated care minutes and aged care worker pay rises.
