Regis Healthcare Ltd. · ASX:REG
Regis Healthcare — Ord Minnett Healthcare Forum 2023
12 slides from Regis Healthcare's conference presentation, Oct 31, 2023
Slide 1: Our Purpose
OUR PURPOSE Personalised and respectful care that embraces the experience of ageing Regis Healthcare Limited Ord Minnett Healthcare Forum 31 October 2023 Puffing Billy, Victoria
Slide 2: 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 be perfo
Slide 3: Regis is a Leading Residential Aged Care Provider
Regis is a Leading Residential Aged Care Provider Key statistics One of the largest and most geographically diverse aged care portfolios Existing Network 30+ years in the aged care industry Development Sites 1 Darwin 6,960 available operational places 2 Cairns 3 Townsville 63 aged care homes (100% f
Slide 4: Improving Industry Dynamics
Improving Industry Dynamics Work Value Case Elevated Demand for Quality Beds Regis Well Positioned to Benefit From Tailwinds ► Ageing population, Baby Boomer generation will demand higher quality and more premium service offering Care & Quality ► Delivery of care and services to residents ► Circa 22
Slide 5: Industry Reform and Sector Changes
Industry Reform and Sector Changes IHACPA Work Value Case Aged Care Worker Pay Rise Care Minutes ► Independent Hospital and Aged Care ► Fair Work Commission - Work Value ► Mandated care minutes requirement Pricing Authority (IHACPA) to determine Case increased modern award wage commenced 1 October 2
Slide 6: FY23 Recap
FY23 Recap Financial Overview Revenue from Services Average Occupancy $780.6million ► Revenue from services of $780.6 million, up 7.6% on pcp 91.5% ► Underlying EBITDA1 of $83.3 million, up 6.7% on pcp Underlying EBITDA1 Overall Star Rating (Q3 FY23) ► NPATA2 of $28.5 million, up 631% on pcp $83.3mi
Slide 7: Q1 FY24 Update
Q1 FY24 Update Average quarterly occupancy (%) ► Average occupancy for Q1 FY24 was 93.5% 93.5% - Spot occupancy at 20 October 2023 was 93.8% 92.5% 91.5% 91.2% 90.9% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Aged care Government revenue per occupied bed day ($) ► Average Government revenue per occupied
Slide 8: FY24 Key Strategic Priorities
FY24 Key Strategic Priorities Culture of Care Positive People & Practice Ensuring Our Future ► Continued investment in ► Improve labour productivity and ► On-going refurbishment of Regis’ integrated and person-centred reduce agency costs while property portfolio care to residents and clients continu
Slide 9: Camberwell Greenfield Development
Camberwell Greenfield Development Camberwell, VIC - in development ► 112 beds ► 4-level residence ► Land area ~4,300 sqm ► ~$40 million investment estimate (excluding land) ► Various room types: standard and large single ensuite rooms ► Development commenced September 2022 and remains on track to op
Slide 10: Future Greenfield Developments
Future Greenfield Developments Belrose, NSW Carlingford, NSW Toowong, QLD ► Northern beaches of Sydney with ocean ► West Sydney designed with large ► Inner-west riverside suburb in views outdoor landscaped areas and Brisbane ► 99 beds communal activity spaces ► 123 beds ► 3-level residence ► 99 beds
Slide 11: Primed for Growth
Primed for Growth ► Regis has commenced FY24 with key performance metrics trending favourably including occupancy and aged care Government revenue ► Regis remains focussed on releasing capital from non-income producing assets to reinvest into higher returning core business opportunities ► A strong b
Slide 12: Questions
Regis Gatton, Queensland Questions