Radius Residential Care Ltd · NZX:RAD
Radius Residential Care — FY2026 Earnings Presentation
33 slides from Radius Residential Care's earnings presentation, May 13, 2026
Slide 1: Full Year Result Presentation
13 May 2026 Full Year Result Presentation F o r t h e ye a r e n d e d 3 1 M a rc h 2 0 2 6
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 FY26 Investor Presentation 2
Slide 3: Agenda
Agenda Overview of FY26 Performance 01 Best ever operating and financial performance 02 Analysis of Result Record EBITDA and operating cash flow 03 Executing Radius Care’s Growth Strategy Accelerated execution of our capital-light growth strategy 04 Appendices Key operational and financial metrics S
Slide 4: FY26 Financial Highlights
FY26 Financial Highlights PROFIT BEFORE TAX PROFIT FOR THE YEAR UNDERLYING EBITDA1 EBITDAR2 +37% +34% +17% PER OCCUPIED CARE BED From $10.5m to $14.3m in FY26 From $7.0m to $9.5m in FY26 From $23.5m to $27.4m in FY26 +11% From $27.9k in FY25 to $31.1k3 in FY26 FINAL CASH DIVIDEND AVAILABLE FUNDS FRO
Slide 5: Performance Improvement since Listing
Performance Improvement since Listing Reported Profit Before Tax Underlying EBITDA 1 16.0 30.0 14.0 25.0 12.0 10.0 20.0 8.0 14.3 6.0 $m 10.5 15.0 $m 4.0 27.4 23.5 2.0 3.1 3.6 10.0 20.9 2.0 0.0 14.2 -2.0 -3.3 -3.0 5.0 10.5 10.7 -4.0 5.8 -6.0 0.0 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY20 FY21 FY22 FY23
Slide 6: FY26 Business Highlights
FY26 STRONG OPERATING PERFORMANCE • Profit Before Tax of $14.3m. HIGHLY ENGAGED TEAM Over 2,000 team members Business • NPAT of $9.5m. providing exceptional care in our fully staffed care homes. Highlights • • 17% growth in Underlying EBITDA1. Final cash dividend of 1.2 cents per STRATEGIC ACQUISITI
Slide 7: Exceptional People, Exceptional Care
Exceptional People, Exceptional Care AUDIT RESULTS POSITIVE WORK ENVIRONMENT We lead the industry with our Our prioritisation of employee audit results, achieving wellbeing is supported by an maximum certification through employee eNPS survey score of strong governance, effective +20. This is an imp
Slide 8: Analysis of Result
Analysis of Result Radius Taupaki Gables - Auckland Radius Matamata Country Lodge FY26 Investor Presentation 8
Slide 9: Financial Performance Overview
Financial Performance Overview Improved operating results seen in underlying EBITDA, Profit Before Tax Net Profit After Tax combined with FY26 PBT+37% vs pcp FY26 NPAT+34% vs pcp 12.0 management of fixed costs 20.0 10.0 and reducing financing costs have delivered 8.0 bottom line profit growth. 15.0
Slide 10: 17% Underlying EBITDA Growth
17% Underlying EBITDA Growth Continued strong Underlying EBITDA Underlying EBITDAR per Care Bed 1 occupancy, improved Underlying EBITDA of $27.4m, +17% vs pcp Market leading returns bed mix, (on a like for like basis, adjusted for the accommodation 30.0 35.0 purchase of one care home in FY25 and sal
Slide 11: 14% Revenue Growth
14% Revenue Growth Continued strong occupancy, improved Total Revenue 1 Accommodation Supplements bed mix and FY26 total revenue +14% vs pcp +12% vs pcp accommodation 250.0 14.0 supplement growth 12.0 delivered revenue 200.0 growth compared to 10.0 comparative period. 150.0 8.0 $m $m 6.0 12.2 100.0
Slide 12: AFFO and Dividend
AFFO and Dividend FINAL DIVIDEND FY26 Final cash dividend of AFFO 1.2 cents per share (with Total Cash Dividend (cps) full imputation credits of FY26 +44% vs pcp FY26 +52% vs pcp 0.47 cps). 14.0 2.5 Final dividend +50% above 12.0 prior period (0.8cps). 2.0 Total FY26 cash dividend 10.0 2.2cps (fully
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. Leverage In line with our Capital Management Framework, we have Ratio1 3.5
Slide 14: Growth
Growth FY26 Investor Presentation 14
Slide 15: Karori Purchase
Karori Purchase Care Expansion - M&A Radius Care has a strong track record of undertaking acquisitions where we can add value. The upcoming acquisition of Karori on 27 May 2026 will provide an opportunity to deliver profitable growth with minimal capital investment. Karori will be immediately accret
Slide 16: Transforming St Allisa
Transforming St Allisa Care Expansion – M&A 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 operating model within one month and is now fully occupied following u
Slide 17: New Builds
New Builds Care Expansion Radius Care is progressing development of up to 20 new build 80 / 100 bed care homes funded by private landlords. Bespoke design supports high quality and high acuity care with efficient operations. Earthworks for the first two developments have commenced. FY26 Investor Pre
Slide 18: Village Growth
Village Growth BROWNFIELD DEVELOPMENT – 12 VILLAS Construction is currently underway for six additional villas at Matamata Country Lodge. Additional land has been acquired at Clare House, also allowing a six-villa development. Construction will commence later this year. Radius Matamata Country Lodge
Slide 19: Luma®
Luma® Radius Care is proud to support the aged care sector with the launch of Luma®, a range of continence products designed by our clinicians for use specifically for the elderly. While it improves the quality and cost of our internal supply, it also opens the door to wider opportunities across the
Slide 20: Diversify Revenue Through In-Home Support
Diversify Revenue Through In-Home Support As the health needs of New Zealanders change, so does PRIVATE IN-HOME CARE ACC IN-HOME CARE the role we play. We are broadening who we are, who Private in-home support is Radius Care is an approved provider under the ACC Home & we support, how we deliver cli
Slide 21: Outlook
Radius Heatherlea – New Plymouth Radius Elloughton Gardens - Timaru Outlook TRADING UPDATE OUTLOOK • Radius Care expects growth in • FY27 will be further • Karori: 90 new care beds and 14 key financial metrics for the boosted by the addition of villas from May 2026. FY27 year compared to the Karori’
Slide 22: Q&A
Q&A Reported Profit Before Tax Underlying EBITDA 1 16.0 30.0 14.0 25.0 12.0 10.0 20.0 8.0 14.3 6.0 $m 10.5 15.0 $m 4.0 27.4 23.5 2.0 3.1 3.6 10.0 20.9 2.0 0.0 14.2 -2.0 -3.3 -3.0 5.0 10.5 10.7 -4.0 5.8 -6.0 0.0 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Underlying EBITDAR
Slide 23: Appendices
Appendices Radius St Helenas Radius Glaisdale - Hamilton FY26 Investor Presentation 23
Slide 24: 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 WAIKATO leasing 12 of the 24 sites nationwide. 3 331 - 331 Sites Beds IL
Slide 25: Key operational and financial metrics
APPENDIX 2 Key operational and financial metrics Operating Metrics DMF terms for Retirement Village units FY26 FY25 FY24 • 30% over three years. Number of Care Beds (period end)1 1,898 1,789 1,789 • Average resident tenure is 5.1 years. Average Care Bed Occupancy2 94.9% 92.8% 91.8% Underlying EBITDA
Slide 26: Statement of Comprehensive Income
APPENDIX 3 Financials ($000) Revenue FY26 FY25 Statement of Revenue 200,098 175,286 Deferred management fees 2,181 2,129 Comprehensive Income Total revenue 202,279 177,415 Change in fair value of investment property 1,680 3,088 Reversal of revaluation losses recognised in prior periods 1,495 - Inter
Slide 27: Statement of Financial Position
APPENDIX 4 ($000) FY26 FY25 Assets Financials Cash and cash equivalents Trade and other receivables 2,823 12,988 2,571 13,485 Statement of Inventories 581 579 Financial Position Right-of-use assets 125,570 109,529 Investment properties 80,492 77,124 Property, plant and equipment 134,051 118,214 Inta
Slide 28: Statement of Cash Flows
APPENDIX 5 ($000) FY26 FY25 Cash flows from operating activities Financials Receipts from residents for care fees and village fees Payments to suppliers and employees 200,347 (163,119) 176,188 (145,644) Statement of Cash Flows Proceeds from the sale of Refundable Occupation Right Agreements 7,575 7,
Slide 29: Underlying Earnings and AFFO Calculation
APPENDIX 6 Financials ($000) FY26 FY25 Underlying Earnings Profit before income tax 14,339 10,474 and AFFO Remove: Non-controlling interests (837) (491) Calculation Profit attributable to owners 13,502 9,983 Remove: Change in fair value of investment property (1,824) (3,088) Include: Realised gains
Slide 30: Directory of care homes
APPENDIX 7 Directory of care homes OWNED LEASED CARE CARE CARE HOME LOCATION UNITS TOTAL CARE HOME LOCATION UNITS TOTAL BEDS BEDS Taupaki Gables Kumeu 60 - 60 Baycare Northland 45 - 45 St Joans Hamilton 82 - 82 Potter Home Whangarei 55 - 55 Windsor Court Ohaupo 76 22 98 Rimu Park Whangarei 55 - 55 M
Slide 31: 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 32: 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 full
Slide 33: Thank You
Thank You FY25 Investor Presentation 33 Radius Thornleigh Park – New Plymouth
Radius Residential Care — FY2026 Earnings Presentation on 6ix