Radius Care turns first profit in three years; adopts new dividend policy

Radius Care's Elloughton Gardens in Timaru. (Image: Supplied)

Wed, 21 May 2025

Radius Care has reported its first net profit in three years and updated its dividend policy. The listed aged-care specialist reported net profit after tax (npat) of $7.4 million in its full-year financial results for the year to March 31, up from a loss of $8.5m previously.Underlying earnings before interest, taxes, depreciation and amortisation (ebidta) were $23.5m, in the middle of the guided range provided in April, and 20% up on the previous year.At 1pm, shares were up 1.85% to 28 cents.New dividend policyThe board updated its dividen...

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