Promisia Healthcare reports strong annual progress

Promisia Healthcare has reported strong strategic and financial progress for the year ended March 31, 2025.

The company's audited annual report revealed key milestones, including the completion of the Golden View and Ripponburn acquisitions in Cromwell, a successful $4.7 million capital raise, and full debt refinancing with BNZ.

Promisia also achieved 37% revenue growth to $31.08m, driven by increased occupancy and scale.

Underlying ebitdaf rose 11.5% to $4.2m, while net tangible assets per share increased 25% to 79 cents.

The company expects underlying ebitdaf to grow by more than 25% in the 2026 financial year.