Regis Healthcare Ltd
ASX:REG

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Regis Healthcare Ltd Logo
Regis Healthcare Ltd
ASX:REG
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Price: 6.27 AUD 0.16% Market Closed
Market Cap: AU$1.9B

Regis Healthcare Ltd
Investor Relations

Regis Healthcare Ltd., a stalwart in the aged care industry, embodies a crucial segment of Australia's healthcare landscape. With a network of aged care homes, Regis provides residential care services that cater to the unique needs of elderly individuals. This company traces its roots to a time when the nation's demographics were shifting. As Australia saw an aging population, the demand for quality residential aged care began to climb. Regis Healthcare stepped into this growing niche, offering personalized care plans, 24-7 clinical support, and facilities that focus on enriching the lives of their residents. Their approach is not just about meeting the basic needs of the elderly but creating environments where residents are respected and can thrive in their golden years.

Regis generates revenue primarily through government funding and resident fees, which are essential to maintaining its operations and delivering consistent quality services. The government support often comes in the form of subsidies, a testament to public-private partnerships aimed at ensuring the welfare of the elderly. On the other hand, resident contributions vary, depending largely on the level of care and services provided. By blending these revenue streams effectively, Regis navigates the complexities of the healthcare sector, ensuring it not only meets regulatory standards but also holds its ground in a competitive market. This financial framework allows Regis to reinvest in infrastructure and staff training, safeguarding its commitment to high-quality care and the continuous evolution of its service offerings.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Feb 22, 2026
AI Summary
Q2 2026

Strong Revenue Growth: Revenue from services rose 18% to $668 million, with acquisitions and government funding as key drivers.

Cash Flow & RADs: Operating cash flow increased 40% to $291.7 million, supported by net RAD cash inflows up 108% to $178.5 million.

Margin Trends: Underlying EBITDA grew 4% to $70.6 million, but EBITDA margin moderated to 10.6% due to cost pressures and funding changes.

Occupancy & Pricing: Average occupancy at mature homes increased to 96.2%, and average incoming RAD pricing jumped 32% to $710,000.

Dividend: Interim dividend of $0.09 per share, fully franked, representing 92% of underlying first-half NPAT.

Guidance Maintained: FY '26 underlying EBITDA guidance kept at $130–135 million, with management citing second-half margin pressures.

Strategic Growth: Acquisition pipeline remains active, with greenfield development underway and a target of 10,000 beds by FY '28.

Sector Reform & Funding: Management highlighted sector challenges including the removal of margins from AN-ACC care funding and the need for changes to accommodation supplements.

Key Financials
Revenue
$668 million
Underlying EBITDA
$70.6 million
EBITDA Margin
10.6%
Operating Cash Flow
$291.7 million
Net RAD Cash Inflows
$178.5 million
Net Cash Position
$198 million
Interim Dividend
$0.09 per share, 100% franked
Average Occupancy (Mature Homes)
96.2%
Average Incoming RAD
$710,000
Aged Care Revenue per Occupied Bed Day
$460.60
Aged Care Staff Expenses per Occupied Bed Day
$340.30
Average Care Minutes
220 minutes (Q2 FY '26)
Staff Turnover Rate
20.2%
Employee Engagement Rate
87%
Capital Expenditure
$102.1 million (first half FY '26)
Paid-up RAD Balance
over $2.2 billion
Star Ratings
3.92 (Q1 FY '26)
Earnings Call Recording
Other Earnings Calls
2026
2019

Management

Dr. Linda Jane Mellors BA, BSc (Hons), GAICD, Grad Cert HSM, Ph.D.(Med)
CEO, MD & Director
No Bio Available
Mr. Rick Rostolis FCA
Chief Financial Officer
No Bio Available
Mr. Imtiaz Bhayat
Chief Information Officer
No Bio Available
Mr. Malcolm Peter Ross AGIA, B.Bus, GradDipACG, L.L.B., L.L.M.
General Counsel & Company Secretary
No Bio Available
Ms. Jodie Haydon
Chief People Officer
No Bio Available

Contacts

Address
VICTORIA
Melbourne
L 2 615 Dandenong Road, Armadale
Contacts
+61385730444.0
www.regis.com.au
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