Promisia Healthcare has reported a significant step change in its strategic growth for the first half of the 2025 financial year.
The company achieved a successful $4.7 million capital raising and share/warrant consolidation, as well as the acquisition of two facilities in Cromwell.
Additionally, Promisia sold the Eileen Mary village in Dannevirke.
The company's strategic and financial highlights for the six-month period include the acquisition of Golden View Lifestyle Village and Ripponburn Home and Hospital, refinancing with BNZ, and the repayment of second-tier debt and Senior Trust loans.
Promisia also reported record first-half operating revenue and a positive uplift in operating profit compared to the prior period.
Net tangible assets per share increased by 57% to 72 cents.
The company expects significant revenue growth and ebitdaf of over $4.2m for the full 2025 financial year.
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