Mayfield Childcare Ltd. · ASX:MFD
Mayfield Childcare — H1 2026 Earnings Presentation
16 slides from Mayfield Childcare's earnings presentation, Sep 1, 2026
Slide 1: Mayfield Childcare Limited 2026 Half-Year Results
Mayfield Childcare Limited 2026 Half-Year Results Six months ended 30 June 2026 ASX: MFD | 01 September 2026
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Summary information. This Presentation contains summary information about the current activities of Mayfield Childcare Limited (Mayfield). It should be read in conjunction with Mayfield’s Interim Financial Report for the six months ended 30 June 2026 and Mayfield’s ot
Slide 3: Key Metrics
KEY METRICS Six months ended 30 June 2026: all comparisons versus HY25 unless otherwise stated REVENUE UNDERLYING CENTRE EBITDA UNDERLYING GROUP EBITDA $41.3m $3.1m $(0.8)m Down 6.0% versus HY25 HY25: $3.4m | Margin 7.5% (HY25: 7.8%) HY25: $(0.1)m AVERAGE HY26 OCCUPANCY WAGE-TO-REVENUE NET PROMOTER
Slide 4: Financial Overview
FINANCIAL OVERVIEW Revenue of $41.3m, with lower occupancy partly offset by improved labour efficiency; statutory NPAT includes $29.0m of non-cash impairment charges HY26 PERFORMANCE STATUTORY RESULT Revenue $41.3m Down 6.0% Statutory EBIT $(29.6)m Underlying Centre EBITDA $3.1m HY25: $3.4m Statutor
Slide 5: Earnings
EARNINGS Improved labour efficiency supported a broadly stable Centre EBITDA margin despite lower occupancy • Childcare services revenue decreased by $2.6m to $’000 HY26 HY25 $41.2m, primarily reflecting lower average occupancy, partly offset by fee increases. Childcare services revenue 41,229 43,87
Slide 6: Cash Flow and Liquidity
CASH FLOW AND LIQUIDITY Positive operating cash flow, with liquidity strengthened by the entitlement offer and facility extension post period end OPERATING CASH INFLOW CAPITAL EXPENDITURE PRO FORMA AVAILABLE LIQUIDITY $0.9m HY25: $3.1m $0.9m HY25: $0.4m $5.2m post period end • Operating cash inflow
Slide 7: Balance Sheet
BALANCE SHEET Non-cash impairments of $29.0m reduced carrying values; bank facility extended post period end CASH BORROWINGS NON-CASH IMPAIRMENT NET ASSETS $0.2m $5.5m $29.0m $16.5m $’000 Jun-26 Dec-25 $’000 Jun-26 Dec-25 Current assets Current liabilities Cash and cash equivalents 195 88 Trade and
Slide 8: Occupancy and Current Trading
OCCUPANCY AND CURRENT TRADING Occupancy recovered from the February low, with improved enrolment activity supporting the recovery into August • Average Group occupancy was 51.3% in HY26, compared with 52.6% in HY25, a reduction of 1.3ppt. CURRENT TRADING • Underperformance remains concentrated in a
Slide 9: Family Experience and Enrolment Momentum
FAMILY EXPERIENCE AND ENROLMENT MOMENTUM Strong family advocacy and stable attendance, with the centre-led enrolment model rebuilding momentum FAMILY ADVOCACY FAMILY UTILISATION ENROLMENT MOMENTUM • HY26 NPS was +69, compared with +65 in HY25; • Average bookings remained stable at • Enrolment respon
Slide 10: Quality, Education and People
QUALITY, EDUCATION AND PEOPLE 96% of centres rated Meeting or Exceeding the National Quality Standard, supported by strengthened quality, educational and workforce accountability QUALITY EDUCATION PEOPLE • 96% of centres rated Meeting or Exceeding the • Mayfield’s whole-of-child education model is •
Slide 11: Operating Model and Occupancy Actions
OPERATING MODEL AND OCCUPANCY ACTIONS A simplified, centre-led operating model with central governance of safety, quality and compliance LOCAL ACCOUNTABILITY SAFETY AND ASSURANCE LABOUR DISCIPLINE ENROLMENT EXECUTION • Centre leaders accountable for • Child safety remains the first • Weekly roster r
Slide 12: Portfolio and Structural Earnings Improvement
PORTFOLIO AND STRUCTURAL EARNINGS IMPROVEMENT Equity funding, structural cost reduction and portfolio actions strengthening liquidity and the forward earnings base CAPITAL AND LIQUIDITY STRUCTURAL COST REDUCTION PORTFOLIO ACTIONS • $3.0m entitlement offer completed post period • Operating model rest
Slide 13: Outlook and Current Trading
OUTLOOK AND CURRENT TRADING Occupancy recovering from the February seasonal low, with structural initiatives underway and revised guidance to follow OPERATING PRIORITIES STRUCTURAL EARNINGS INITIATIVES • Convert the existing pre-enrolment pipeline into commencements, additional • Complete the simpli
Slide 14: Appendix: Mayfield 360
APPENDIX: MAYFIELD 360 A capital-light pathway to extend allied health support across the existing centre network • Mayfield 360 is now operating across 8 Mayfield centres, up from four at initial launch, demonstrating the ability to scale services through the existing network. • NDIS provider certi
Slide 15: Appendix: Portfolio Overview
APPENDIX: PORTFOLIO OVERVIEW 45 Centres in the portfolio at 30 June 2026, across Victoria, Queensland and South Australia, including one centre that had ceased trading 3 Centres identified for portfolio action: two approved for divestment, one of which has ceased trading, and one exiting through lea
Slide 16: Mayfield Childcare Limited
Mayfield Childcare Limited PO Box 2214, Wattletree Road, Malvern East VIC 3145 Suite 1, Level 3/108 Power St, Hawthorn VIC 3122 mayfieldchildcare.com.au ASX: MFD | mayfieldchildcare.com.au Daniel Stone Scott Conway Andrew Angus Chief Executive Officer Group Financial Controller Investor Relations ds