Mayfield Childcare Ltd. · ASX:MFD
Mayfield Childcare — FY2025 Earnings Presentation
23 slides from Mayfield Childcare's earnings presentation, Mar 2, 2026
Slide 1: Mayfield Childcare Limited FY25 Full Year Result Investor Presentation
Mayfield Childcare Limited FY25 Full Year Result Investor Presentation March 2026
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This Presentation contains summary information about the current activities of Mayfield Childcare Limited (Mayfield). It should be read in conjunction with Mayfield’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchang
Slide 3: Agenda
Agenda Result Financial Strategy Outlook Overview Performance Update
Slide 4: Executive Summary
Executive Summary FY25 focused on stabilising the business, rebuilding centre-level margins and strengthening the operational foundations required to support sustainable growth. • Stabilised trading performance - Through disciplined • Delivered clearer Group brand positioning, cost control and labou
Slide 5: Key Metrics FY25
Key Metrics FY25 NPS 81 1,020 Q3FY25 - NPS 65 Total Centre Staff (Q3 25 – 1029) 65% 62% 1 65% December Spot Occupancy 62% Wage To Revenue (Q3 FY25 – 64.1%) (FY24 – 62%) 1 Spot Occupancy excludes centres previously marked for divestment in comparative period FY24 and Precious Cargo centres
Slide 6: Portfolio
Portfolio Queensland South Australia Victoria
Slide 7: Result Overview
01 Result Overview Key Metrics FY25 Overview Underlying Centre EBITDA FY25 Normalised EBITDA Occupancy FY25
Slide 8: FY25 Overview
FY 25 Overview MAYFIELD GROUP Childcare revenue growth of $4.3M (4.9%) to $91.4 million. Underlying Centre EBITDA declined by $2.3M versus FY24 (-20%), with margin reducing from FY 25 Underlying 14% to 10%, reflecting a challenged occupancy position Q1/Q2 FY25 and integration Group FY 25 challen
Slide 9: Underlying Centre EBITDA
Underlying Centre EBITDA Underlying Centre EBITDA improved throughout the year. On a combined Q3/Q4 basis, 2H25 Underlying Centre EBITDA fell in line with expectations. ($M) Underlying Centre EBITDA FY 25 1 7 • Combined Q3/Q4 underlying EBITDA of $6.1M, 6.1 demonstrating resilience despite cost head
Slide 10: Normalised Group EBITDA FY25
Normalised Group EBITDA FY25 • FY25 Underlying EBITDA of $2.3M reflects subdued Normalised Group EBITDA trading performance, particularly in 1H25 due to lower than forecast occupancy and cost pressures. FY 25 • Abnormal items totaled $1.0M, exceeding forecast and Underlying primarily relating to one
Slide 11: Occupancy Monthly FY24/FY25
Occupancy Monthly FY24/FY25 1 Consistent occupancy recovery underway, with reduced seasonal volatility. Group Occupancy Monthly YTD 24 - 25 1 65.0% Spot Occupancy FY 25 63.0% Spot Occupancy Group 2 65% 61.0% (64% Q3 FY25) 59.0% Group Occupancy 1 57% 57.0% (56% Q3 FY25) (62% PCP) 55.0% 53.0% 51.0% Sp
Slide 12: Conversion Enrolments
Conversion Enrolments Enrolment conversion remains strong, enquiry volumes and sessions stable and increasing Enrolment Pattern and Sessions February Enrolment Volumes Dec 25 – Feb December 26 2 Sessions Added 2027 New Mayfield Families 614 Added Average Sessions Per New Family Utilisation Per Famil
Slide 13: Financial Performance
02 Financial Performance Earnings Cashflow Balance Sheet
Slide 14: Earnings
Earnings Childcare Services Revenue increased by $4.3M to $’000S UNDERLYING FY25 UNDERLYING FY24 $91.4M, driven by the first full-year contribution from the Precious Cargo acquisitions. Labour costs increased by $3.4M on pcp, driven by Childcare Services Revenue 91,412 87,156 the Precious Cargo
Slide 15: Cashflow
Cashflow $’000S FY25 FY24 Cash flows from operating activities • Decreases in operating cashflow are primarily Receipts from customers, including government funding 97,372 85,951 driven by increases to labour and centre Payments to suppliers and employees (80,672) (69,325) operating costs as a resul
Slide 16: Balance Sheet
Balance Sheet $’000S Cash and cash equivalents Trade and other receivables DEC-25 88 2,769 DEC-24 103 2,774 Prepayments 709 559 1.Cash Position: The Group utilised working capital to TOTAL CURRENT ASSETS 3,566 3,436 maximise repayments of debt facilities that were drawn down in the prior period to f
Slide 17: Strategy Update
03 Strategy Update Key Achievements Strategic Progress
Slide 18: Strategic Overview
Strategic Overview Five strategic pillars driving growth — from curriculum excellence to scalable platforms and sustainable margins. Strategic Focus Areas 2025-2026 1 2 3 4 5 Program & Service Delivery Compliance & Quality People & Culture Commercial Platform Sustainable Growth Delivers consistent,
Slide 19: Performance Improvement Centres
Performance Improvement Centres Performance improvement centres have performed at an improved level on occupancy patterns from prior corresponding periods • Two centres identified for divestment. Average spot Average Occupancy PIC Centres occupancy improvement of remaining performance Centre PCP Occ
Slide 20: Allied Health Mayfield 360
Allied Health Mayfield 360 • Mayfield 360 expands the Group’s service offering, integrating allied health services within centres to enhance child outcomes and family engagement. • The model leverages existing centre footprint and customer base, providing a capital-light pathway to incremental reven
Slide 21: Outlook & Trading Update
04 Outlook & Trading Update
Slide 22: Outlook and Trading Update
Outlook and Trading Update Operational Momentum Building •December 2025 spot occupancy of 65% •Aug–Nov occupancy growth of +2.2%, outperforming FY24 by +1.6% •Continued focus on enrolment conversion, marketing execution and engagement with strong inflows of families Portfolio & Earnings Improvement
Slide 23: 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 Daniel Stone Chris Hayes Andrew Angus Chief Executive Officer Chief Financial Officer Investor Relations dstone@mayfield.com.au chayes@mayfield.com