Radius Residential Care Ltd · NZX:RAD
Radius Residential Care — H1 2026 Earnings Presentation
32 slides from Radius Residential Care's earnings presentation, Nov 19, 2025
Slide 1: Half Year Result Presentation
1 9 N o ve m b e r 2 0 2 5 Half Year Result Presentation For the period ended 30 September 2025
Slide 2: Presenting Today
Presenting Today Brien Cree Andrew Peskett Jeremy Edmonds Founder & Executive Chair Chief Executive Officer Chief Financial Officer BA (Hons), LLB BA, BCom, CA 1H26 Investor Presentation 2
Slide 3: Agenda
Agenda Overview of 1H26 Performance 01 Best ever operating and financial performance 02 Analysis of Result Record EBITDA and operating cashflow 03 Executing Radius Care’s Growth Strategy Accelerated execution of our capital-light growth strategy 04 Appendices Key operational and financial metrics Su
Slide 4: 1H26 Financial Highlights
1H26 Financial Highlights PROFIT FOR THE PERIOD EARNINGS PER SHARE UNDERLYING EBITDA1 ANNUALISED EBITDAR2 +221% +1.5cps +41% PER OCCUPIED CARE BED From $2.0M to $6.3M in 1H26 From 0.7CPS in 1H25 to 2.2CPS From $10.6M to $14.9M in 1H26 +7% in 1H26 From $27.9K in FY25 to $29.9K over last twelve months
Slide 5: 1H26 Business Highlights
1H26 STRONG OPERATING PERFORMANCE • Record first-half NPAT of $6.3m. HIGHLY ENGAGED TEAM Over 2,000 team members Business • Record +41% growth in Underlying delivering exceptional care in our fully staffed care homes. Highlights • EBITDA1. Earnings per share of 2.2cps, +1.5cps STRATEGIC ACQUISITIONS
Slide 6: Our people make us who we are, providing Exceptional Care
Our people make us who we are, providing Exceptional Care INTERNAL PROMOTIONS AUDIT RESULTS Radius Care has promoted 100% of Continued excellent audit Regional Managers, 60% of Care results, with 16 of our 24 care Home Managers, and 44% of homes achieving the maximum Clinical Nurse Managers. four-ye
Slide 7: Analysis of Result
Analysis of Result Radius Elloughton Gardens - Timaru 1H26 Investor Presentation 7 Radius Taupaki Gables - Auckland
Slide 8: 1H26 Financial Highlights
Radius Althorp - Tauranga 1H26 Financial Highlights FINANCIAL PERFORMANCE BALANCE SHEET POSITION • NPAT of $6.3m, +221% on • Underlying EBITDA of $14.9m, +41% on 1H25. • Net debt of $63.7m, down 1H25. • Annualised Underlying EBITDAR1 per care bed of $4.1m from FY25. • Earnings per share of $29.9k, +
Slide 9: Financial Performance Overview
Financial Performance Overview Improved operating results seen in Net Profit After Tax Profit Before Tax underlying EBITDA, 1H26 NPAT+221% vs pcp 1H26 PBT+209% vs pcp combined with 9.0 7.0 management of fixed costs and reducing 8.0 financing costs have 6.0 delivered bottom line 7.0 profit growth. 5.
Slide 10: 41% Underlying EBITDA Growth
41% Underlying EBITDA Growth Consistent with 1H26 guidance released in August 2025 Continued strong Underlying EBITDA Underlying EBITDAR per Care Bed 1 occupancy, improved Underlying EBITDA of $14.9m, +41% vs pcp Market leading returns bed mix, 16.0 31.0 accommodation supplement growth, 14.0 30.0 vi
Slide 11: 17% Revenue Growth
17% Revenue Growth Continued strong Total Revenue 1 Accommodation Supplements occupancy, improved 1H26 total revenue +17% vs pcp +13% vs pcp bed mix and 120.0 7.0 accommodation supplement growth 6.0 delivered revenue 100.0 growth compared to 5.0 comparative period. 80.0 4.0 $m $m 60.0 100.2 3.0 6.0
Slide 12: AFFO and Interim Dividend
AFFO and Interim Dividend INTERIM DIVIDEND AFFO Dividend CPS • Interim cash dividend of 1H26 +99% vs pcp 1H26 +54% vs pcp one cent per share (with full imputation credits 8.0 1.2 of 0.39 cps). 7.0 • Interim dividend +54% 1.0 above prior period 6.0 (0.65cps). 0.8 5.0 $m 4.0 0.6 cps DATES 7.2 1.0 • 3
Slide 13: Capital Management Framework Progress
Capital Management Framework Progress Demonstrating our disciplined approach to capital management, ensuring the best care outcomes while balancing returns to shareholders, financial resilience, and growth in core operations. Net Debt In line with our Capital Management Framework, we have allocated
Slide 14: Strategy Execution
Strategy Execution 1H26 Investor Presentation 14
Slide 15: Our Ecosystem of Care
Our Ecosystem of Care Radius Care is a connected system of health services designed to support people who require extra care, whether they are at home, in the community or living in one of our care homes. From aged care homes and In-Home Care to everyday health products, everything we offer is built
Slide 16: Executing our Growth Strategy
Executing our Diversify Revenue Growth Strategy Grow Cibus Catering RConnect and In-Home Support Expand Radius Shop Expand into Complementary Health Services RadPro Grow Scale Leased Care Opportunities Invest in technology supporting RadPro Targeted M& A Brownfield Developments Greenfield Developmen
Slide 17: Grow Scale
Grow Scale Capital Light Care Expansion Village Growth NEW BUILD CARE HOMES BROWNFIELD DEVELOPMENT – 12 VILLAS Radius has been granted approval in principle Resource consent has been granted for six additional by Westland District Council for an 80-bed villas at Matamata Country Lodge. care home and
Slide 18: RadPro
Radius Matamata Country Lodge RadPro Our system for better care RadPro is Radius Care’s operating model, representing the proprietary combination of culture, leadership, processes, systems and technology enabling high quality and high acuity resident-centred care to be delivered efficiently, at scal
Slide 19: Diversify Revenue Through In-Home Support
Diversify Revenue Through In-Home Support As the health needs of New Zealanders change, so does PRIVATE HOME CARE ACC HOME CARE the role we play. We are broadening who we are, who Private home support is self- Radius is an approved provider under the ACC Home & we support, how we deliver funded, and
Slide 20: Transforming St Allisa
Transforming St Allisa Radius Care has a strong track record of undertaking acquisitions where we can add value. The acquisition of St Allisa on 30 May 2025 has provided an opportunity to deliver profitable growth with minimal capital investment. St Allisa was fully integrated into the Radius Care o
Slide 21: Outlook
Radius Elloughton Gardens - Timaru Outlook TRADING UPDATE OUTLOOK Occupancy has remained above 95% in Radius Care expects 2H26 trading to be October and November (to date). broadly consistent with the first half of the 2026 financial year. 1H26 Investor Presentation 21
Slide 22: Appendices
Appendices Radius St Helenas 1H26 Investor Presentation 22
Slide 23: At a Glance
APPENDIX 1 NORTHLAND At a Glance Sites Beds ILUs Total AUCKLAND 3 155 - 155 Sites Beds ILUs Total 2 146 - 146 National aged care focused portfolio with BAY OF PLENTY strong regional presence, owning 12 and Sites Beds ILUs Total leasing 12 of the 24 sites nationwide. 3 331 - 331 WAIKATO Sites Beds IL
Slide 24: Key operational and financial metrics
APPENDIX 2 Key operational and financial metrics Operating Metrics DMF terms for Retirement Village units 1H26 1H25 1H24 • 30% over three years. Number of Care Beds (period end)1 1,898 1,789 1,889 • Average resident tenure is 4.9 years. Average Care Bed Occupancy2 95.0% 92.3% 91.9% Underlying EBITDA
Slide 25: Statement of Comprehensive Income
APPENDIX 3 Financials ($000) Revenue 1H26 1H25 Statement of Revenue from contracts with customers 99,042 84,213 Comprehensive Income Deferred management fees 1,175 1,162 Total revenue 100,217 85,375 Change in fair value of investment property 1,634 595 Interest income 45 86 Total revenue and other i
Slide 26: Statement of Financial Position
Financials APPENDIX 4 ($000) 1H26 FY25 Assets Statement of Cash and cash equivalents 2,971 2,571 Financial Position Trade and other receivables 12,617 13,485 Inventories 611 579 Investment properties 79,562 77,124 Property, plant and equipment 119,232 118,214 Right-of-use assets 122,978 109,529 Inta
Slide 27: Statement of Cash Flows
APPENDIX 5 Financials ($000) Cash flows from operating activities 1H26 1H25 Statement of Cash Flows Receipts from residents for care fees and village fees 99,764 86,323 Payments to suppliers and employees (80,935) (73,593) Proceeds from the sale of Refundable Occupation Right Agreements 5,615 3,080
Slide 28: Underlying Earnings and AFFO Calculation
APPENDIX 6 Financials ($000) 1H26 1H25 Underlying Earnings Profit before income tax 8,537 2,760 and AFFO Remove: Non-controlling interests (433) - Profit attributable to owners 8,104 2,760 Calculation Remove: Change in fair value of investment property (1,634) (595) Include: Realised gains on resale
Slide 29: Directory of care homes
Directory of care homes APPENDIX 7 OWNED LEASED TOTAL CARE CARE HOME LOCATION CARE BEDS CARE HOME CARE BEDS UNITS CARE HOME LOCATION UNITS BEDS Baycare Northland 45 Taupaki Gables Kumeu 60 - Leased 1,032 - Potter Home Whangarei 55 St Joans Hamilton 82 - Rimu Park Whangarei 55 Owned 866 148 Windsor C
Slide 30: Capital Management Framework
APPENDIX 8 Capital Management Framework Board approved Capital Management Framework and Dividend Policy, supporting a Capital-Light growth strategy. Capital Management Framework Dividend Policy Underlying EBITDA1 Maintain financial resilience and flexibility Medium term target: Net Bank Debt to EBIT
Slide 31: Important Notice and Disclaimer
This presentation has been prepared by Radius Residential Care Limited (“Radius Care”), for informational purposes. This disclaimer applies to this document and the verbal or written comments of any person presenting it. Important This presentation sets out information relating to Radius Care’s half
Slide 32: Thank You
Radius Hampton Court - Napier Thank You FY25 Investor Presentation 32
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