Regis Healthcare Ltd. · ASX:REG
Regis Healthcare — Investor Presentation (August 2025)
33 slides from Regis Healthcare's investor presentation, Aug 25, 2025
Slide 1: FY25 Results Presentation
FY25 Results Presentation 25 August 2025
Slide 2: Artwork by Charmaine Mumbulla
Artwork by Charmaine Mumbulla
Slide 3: A Leading Provider of High-Quality Aged Care
A Leading Provider of High-Quality Aged Care 30+ years of care and support 1 3 ~7,600 available beds (30 June 2025)1 68 aged care homes1 (100% freehold ownership) and 9 development sites 2 3 3 27 93% single rooms as a percentage of total rooms 8 2 6 2 5 1 ~10,000 residents and clients 4 1 19 4 4 1 3
Slide 4: Contents
Contents Aged Care Industry 4 Financial and Operational Performance 8 Strategy, Growth and Outlook 16 Questions 24 Appendices 25
Slide 5: Aged Care Industry
Aged Care Industry
Slide 6: Ageing Population with Undersupply of Beds
Ageing Population with Undersupply of Beds ► 26.5% of Australians aged 85 and over accessed residential aged care in FY241 Australia's Ageing Population - Australians 85+2 1,400,000 4.5 ► Proportion of Australians aged 85 and over forecast to double by 20412 4.0 1,200,000 ► ~9,300 net new beds requi
Slide 7: Sector Funding
Sector Funding Care Everyday Living Accommodation ► AN-ACC industry starting price increased 10.3% from ► Catering, cleaning, laundry and lifestyle activities ► Furnishings & fittings, building maintenance and $253.82 to $280.01 on 1 October 2024 utilities ► Funded by Basic Daily Fee (paid by reside
Slide 8: New Aged Care Act - November 2025
New Aged Care Act - 1 November 2025 Funding ► Care Government to continue to fund clinical care costs for residents through AN-ACC Independent pricing body (IHACPA) will continue to advise Government ► Everyday living Residents with means will co-contribute towards non-clinical care and everyd
Slide 9: Financial and Operational Performance
Financial and Operational Performance
Slide 10: FY25 Overview
FY25 Overview Results Overview ► Revenue from services of $1,161.3 million, up 14.5% on pcp Revenue from Services Average Occupancy ► Underlying EBITDA1 of $125.8 million, up 17.4% on pcp ► Underlying EBIT1 of $77.3 million, up 25.7% on pcp $1,161.3m 95.6% ► Underlying NPAT1 of $53.4 million, up 37.
Slide 11: Financial Summary
Financial Summary ► Revenue from services benefitted from: $ millions FY25 FY24 Change Increased average occupancy - 95.6% in FY25, up from 94.1% in FY24 (mature homes) Revenue from services 1,161.3 1,014.1 14.5% AN-ACC increases on 1 October 2024 and 1 March 2025, and higher resident acuity Oth
Slide 12: Drivers of Shareholder Value
Drivers of Shareholder Value Average Quarterly Occupancy - Mature homes (%)2 Operational Statistics FY25 FY24 Change % Average available beds (#)1 7,567 7,313 3.5% 95.9% 95.7% 95.5% 95.5% Total occupied bed days 2,626,772 2,516,666 4.4% Average occupancy (%) 95.1% 94.1% 1.0 pts Total Average availab
Slide 13: One-Off Items
One-Off Items The following one-off items are excluded from underlying EBITDA: Government grants (net of costs) $ millions (before tax) FY25 FY24 ► Consists of $4.5 million from Aged Care Outbreak Management Supplement, Government grants (net of costs)1 2.5 9.1 partially offset by COVID-19 outbreak
Slide 14: Cash and Capital Management
Cash and Capital Management FY25 Net Cash / (Debt) Movements ($m) $ millions Purpose Limit Maturity 3.6 Facility A Working capital/M&A 112.1 March 2028 195.4 (15.5) 0.5 (88.1) Facility B Working capital/M&A 175.0 March 2027 Facility C Working capital/M&A 70.0 March 2028 (44.8) Facility D Bank guaran
Slide 15: Capital Expenditure
Capital Expenditure Greenfield Development $ millions FY25 FY24 ► Regis Camberwell - construction of new 112-bed residential aged care home in Property Melbourne which opened in November 2024 ► Construction has commenced at Toowong (QLD) and Carlingford (NSW). Greenfield Development 35.9 33.9 Belros
Slide 16: Resident Profile
Resident Profile Resident Mix (Permanent Residents) 30 June 31 December 30 June Number of Residents1 2025 2024 2024 RAD (100%) 2,436 2,444 2,190 56% 56% 54% Combination (RAD/DAP) 1,140 1,118 1,115 DAP 352 341 355 Total Non-Concessional 3,928 3,903 3,660 Concessional 2,978 3,068 3,009 Other 84 88 124
Slide 17: Strategy, Growth and Outlook
Strategy, Growth and Outlook
Slide 18: Strategic Priorities
Strategic Priorities Our Vision: To lead aged care with heart and minds Care and Service Excellence A Responsible Business Future Ready ► Trusted and caring professionals ► Engaged employees who live our values ► Fast and agile approach ► Personalised care, services and experience ► Accountable comp
Slide 19: FY25 - Key Achievements
FY25 - Key Achievements Model of Care - refined and improved to enhance resident outcomes and employee experience Care and Service Strengthened Quality Standards - detailed action plans implemented to support transition to new Aged Care Act Excellence Staff training - significant upskilling an
Slide 20: Targeting 10,000 beds
Targeting 10,000 beds Regis Available Beds ► Core business generates substantial free cash flow to fund greenfield development pipeline and strategic acquisitions ► Strategic acquisitions and greenfield sites to enhance scale, leverage technology ~1,200 1,200 10,000 investment and improve overall qu
Slide 21: Acquisitions
Acquisitions Ti Tree BodeWell Rockpool ► Completed 2 December 2024 ► Completed 1 April 2025 ► Expected to complete 1 September 2025 ► 2 high-quality aged care homes on ► Home care services in Victoria and ► 4 premium homes in South-East Queensland Mornington Peninsula (VIC) South-East Queensland ► 6
Slide 22: Greenfield Development Pipeline
Greenfield Development Pipeline ► Five development sites secured in FY25 FY26 FY27 FY28 FY29 FY30 Newport settled H2 FY25 Development Beds Open 224 beds 370 beds 360 beds ~300 beds Other sites will settle in FY26 Toowong, QLD 123 FY27 123 Highly desirable catchment areas with strong RAD potent
Slide 23: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) ► Essential to our residents, clients, employees, shareholders and the communities we serve ► Designed to enhance compliance, reduce operational costs, minimise environmental impact and improve financial performance ► Overseen by the Board and Executive Clima
Slide 24: Outlook
Outlook Funding Environment M&A and Developments ► 1 January 2025 - increased RAD room pricing ► Complete and integrate Rockpool acquisition ► 1 March 2025 - AN-ACC increase has been passed-on in full to ► Specific M&A criteria drives disciplined approach nursing staff following Fair Work Commission
Slide 25: Questions
Questions
Slide 26: Appendices
Appendices
Slide 27: Appendix A: Income Statement
Appendix A: Income Statement $ millions FY25 FY24 Revenue from Services Government revenue 865.7 743.8 Resident revenue 287.1 262.1 Other revenue 8.5 8.2 Revenue from Services 1,161.3 1,014.1 Other income1 130.9 104.2 Total Revenue from Services and Other Income 1,292.2 1,118.3 Expenses Staff expens
Slide 28: Appendix B: Consolidated Statement of Financial Position
Appendix B: Consolidated Statement of Financial Position $ millions FY25 FY24 Cash and cash equivalents 192.5 64.9 Trade and other receivables 33.1 17.0 Other current assets 15.0 11.0 Assets held for sale - 9.9 Total Current Assets 240.6 102.8 Property, plant and equipment 1,304.8 1,221.1 Right-of-u
Slide 29: Appendix C: Consolidated Statement of Cash Flows
Appendix C: Consolidated Statement of Cash Flows $ millions FY25 FY24 Cash Flows from Operating Activities Receipts from residents and Government subsidies 1,141.5 1,002.3 Government grants received 5.8 35.9 Payments to suppliers and employees (1,025.1) (915.1) Operating Cash Flows Before Interest,
Slide 30: Appendix D: Underlying EBITDA - Non-IFRS Reconciliation
Appendix D: Underlying EBITDA - Non-IFRS Reconciliation $ millions FY25 FY24 Profit/(Loss) Before Income Tax 71.4 (28.1) Depreciation1 49.8 46.7 Amortisation of operational places2 - 81.4 Net finance costs3 112.2 87.5 Reported EBITDA (AASB 16) 233.4 187.5 Add/(deduct) one-off items: Government grant
Slide 31: Appendix E: Underlying NPAT - Non-IFRS Reconciliation
Appendix E: Underlying NPAT - Non-IFRS Reconciliation $ millions FY25 FY24 Net Profit/(Loss) After Income Tax (Statutory NPAT) 49.0 (21.4) Amortisation of operational places - after tax1 - 57.0 Net Profit After Income Tax excluding amortisation of bed licences (NPATA) 49.0 35.6 Add/(deduct) one-off
Slide 32: Appendix F: Definitions of Non-IFRS Financial Measures
Appendix F: Definitions of Non-IFRS Financial Measures AN-ACC means Australian National Aged Care Classification refers to Annual Wage Review where the Fair Work Commission reviews the National Minimum Wage and minimum rates of pay in modern awards to decide if they should be increased. AWR Any chan
Slide 33: Important Information and Disclaimer
Important Information and Disclaimer This Presentation contains summary information about the current activities of Regis Neither Regis Healthcare nor any other person warrants or guarantees the future Healthcare Limited and its controlled entities (Regis Healthcare or the Group). It should performa
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