Regis Healthcare reported a 10% increase in underlying EBITDA to $138.0 million for the fiscal year ended June 30, 2026, as average advertised room prices rose approximately 10% to $750,000 across roughly 70% of its 5,760 rooms. The company also recorded a 28% surge in net refundable accommodation deposit (RAD) cash inflows to $250.5 million, driven by $835.4 million in new deposits and acquisitions totaling $238.7 million, partially offset by $584.9 million in outflows.
Revenue from services grew 16% year-over-year to $1.35 billion, supported by the acquisitions of Rockpool and OC Health, which added 830 beds and contributed approximately $97 million to revenue. Underlying net profit after tax rose 4% to $55.6 million, while statutory NPAT increased 14% to $55.7 million, aided by a $25.4 million gain on the sale of two homes in Far North Queensland. Net operating cash flow climbed 10% to $336.3 million, though the net cash position declined to $173.8 million from $192.5 million a year earlier.
The company declared a fully franked final dividend of 9.40 cents per share, up 16% from the prior year. Staff expenses rose 18.7% to $1.06 billion, representing 78.1% of revenue from services, up from 76.6%. Employee turnover fell to 18% from 23%, while agency hours dropped to 0.7% of total hours worked, down from a post-COVID peak of 6%.
Average incoming RAD increased 20.2% to $697,200, with mature home occupancy at 96.0%, up from 95.6%. Total occupied bed days rose 8% to 2.85 million. Capital expenditure surged 62.4% to $143.1 million, primarily allocated to greenfield developments and land purchases totaling $98.1 million, including $42.5 million for construction at Toowong and Carlingford and $55.6 million for land settlements in Victoria and South-East Queensland.
New CEO Andrew Kinkade, who commenced on July 20, 2026, highlighted operational improvements, including a 38% increase in average room pricing since December 2024. The company’s undrawn syndicated bank facility stood at $362.1 million as of June 30, 2026. Regis also noted that 61% of residents were non-supported, up from 57%, with RAD-only residents accounting for 38% of the total resident base.
