Third Age Health reports 31.7% profit increase

Third Age Health Services has reported a 31.7% increase in net profit after tax (NPAT) to $1.52 million for the six months ended September 30, 2025.

Underlying net profit after tax and amortisation (NPATA) also rose by 28% to $1.74m.

The company attributed the growth to its primary care business, particularly its aged residential care (ARC) division, which had 7,159 enrolled patients at the end of the period.

Excluding the two recent acquisitions of ARC Health and Cicada Health, organic enrolled patients increased by 3.7% year-on-year.

However, Third Age Health said growth was constrained by a sector-wide shortage of clinical workforce.

In the community general practice business, revenue increased by 2.5% to $3.81m, but enrolled patient numbers declined by 2.4% due to a doctor departure and vacancy.

The company said reversing this trend is a key priority.