Promisia reports transformative year marked by growth and acquisition

Promisia Healthcare (NZX:PHL) announced a transformative 2025 fiscal year, marked by strategic acquisitions and financial improvements. Revenue increased by 37% to NZD 31.08 million, driven by the inclusion of the Cromwell acquisitions. The company successfully acquired Golden View Lifestyle Village and Ripponburn Home and Hospital, expanding its footprint in Central Otago. Net tangible assets per share increased 25% year-on-year to 79 cents. Underlying EBITDAF rose 11.5% to NZD 4.2 million. The company executed a successful NZD 4.7 million capital raise, consolidated shares and warrants, and completed a debt restructure with Bank of New Zealand (BNZ). Looking ahead, Promisia anticipates underlying EBITDAF to grow in excess of 25% in FY26.