Full Year Results to March 2024

Promisia Healthcare Limited (NZX: PHL) has released its unaudited, preliminary results for the year ended 31 March 2024 (FY24), with the positive impact and momentum being created by the new leadership team evident in the stronger second half performance.

Chair of Promisia, Rhonda Sherriff, said: “The last year has been an important one for our business, as we continued to build on the work that has been done over the preceding years to create a strong foundation for growth. In particular, we saw positive traction in the second half of the year, with the new leadership team at the helm.”


FY24 Results Summary:
• 10% year on year increase in operating revenue, up to $26.3m
• Underlying EBITDAF of $3.8m, down 8% year on year
• Net profit after tax of $1.6m, up 236% year on year
• 18% increase in total assets to $84.3m
• 6% improvement in debt position as at 31 March, down to $29.2m, undrawn facilities and cash of $0.5m
• 37% increase in Net Tangible Assets per share to 0.126 cents

For further information please see attached the unaudited, preliminary results for the year ended 31 March 2024.

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Announcement PDF