Radius Care - Annual Report FY25
Radius Residential Care Limited (Radius Care)
Provider claim
Community provider
2026-10-10
Next review: 2027-04-10
New Zealand
High confidence
verified
Primary-source FY25 operator-report audit, 10 October 2026
Evidence boundary: Historical issuer report for the year ended 31 March 2025, dated 30 June 2025, with the complete preserved source text inspected, key source pages visually checked and the current issuer PDF byte-matched on 10 October 2026. High confidence concerns source identity and quoted reporting cells, not independent validation of all corporate claims. The financial audit covers the statements and notes, not clinical quality, current vacancies, staffing/FTE, all marketing claims or future delivery. Radius’s occupancy is a company-period metric, not national utilisation. Non-GAAP highlights are expressly unaudited. Accommodation-supplement figures differ internally (NZ$10.8m highlights versus NZ$10.9m narrative) and FY24 EBITDAR-per-bed comparatives differ; neither discrepancy is silently resolved. Adjusted FY24 revenue is distinct from audited total revenue. Post-balance-date transactions and proposed developments remain dated. The live archive is on Radius Health’s domain; its upload-path and anomalous news-date labels are not publication dates. Original file/hash/category and June 2026 access history are preserved; this review is not a FY26 update or personalised financial, legal or clinical advice.
Short Answer
Historical FY25 Radius company report: portfolio activity, diversification, development plans, governance and audited group accounts; not a national capacity, staffing or clinical-quality assessment.
Why it matters
Use the dated report to examine Radius’s business mix, financial statements, non-GAAP definitions, historical care occupancy and capital plans. Keep care beds, villas, post-year acquisitions and planned builds separate; corroborate present facility certification, staffing, services, charges and admission options elsewhere.
Key Points
- •Reporting year ended 31 March 2025; the annual report is dated 30 June 2025 (physical p.2, printed p.2). The financial statements were authorised on 21 May 2025 (physical p.19, printed p.37), distinct from report publication and June 2026 catalogue access.
- •The preserved original has 47 physical PDF pages, predominantly double-page spreads; printed pages run to 91. The current issuer-hosted FY25 PDF was byte-identical on 10 October 2026.
- •FY25 company highlights report 1,898 care beds, 85% high-acuity beds and 92.8% average occupancy, plus 148 retirement villas separately (physical p.4, printed p.6). The occupancy percentage applies to Radius’s reported portfolio and period, not all New Zealand ARC beds or present vacancies.
- •Consolidated FY25 total revenue was NZ$177.415 million, profit before income tax NZ$10.474 million and group profit after tax NZ$7.399 million (physical p.18, printed p.35; NZ$000 table). Profit attributable to owners was NZ$7.034 million; group profit also includes non-controlling interests.
- •The financial statements show FY24 total revenue of NZ$171.234 million; the highlights instead use NZ$164.1 million adjusted for a care-home sale (physical pp.18 and 5). The comparative bases must not be silently mixed.
- •Underlying EBITDA of NZ$23.5 million and underlying EBITDAR per care bed of NZ$27.9 thousand are expressly non-GAAP, unaudited highlights; footnotes refer to reconciliations in the 21 May 2025 investor presentation (physical p.5, printed p.8).
Full Summary & Notes
Radius Residential Care Limited’s annual report dated 30 June 2025 covers the year ended 31 March 2025. The preserved 47-page PDF uses double-page spreads. It combines company-reported care occupancy, retirement villas, catering and in-home diversification, development plans and governance with audited consolidated financial statements. FY25 highlights report 1,898 care beds and 92.8% average occupancy for Radius’s own portfolio; these are historical operator figures, not national occupancy or current vacancies. The financial statements report NZ$177.415 million total revenue and NZ$7.399 million group profit after tax. Non-GAAP highlights and future developments require their own qualifications.
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Document Details & Metadata
Related Resources
Summerset FY2025 company report released February 2026: retirement/care portfolio, delivered occupation-right units, development pipeline, financial results, governance and sustainability; future plans and corporate service claims remain qualified.
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Report-based reconciliation of a June 2026 source brief. Original authored publication date is known only to year 2026; 5 June dates the annual report, not necessarily the brief. Detailed narrative retains historical strategy and June news context while correcting report contradictions; analyst reaction, subsequent bond events and later role/project outcomes are not independently checked in this scoped review.
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Historical FY2024 operator report on care occupancy, resident and employee feedback, development, audited financial statements, climate scenarios and governance; underlying profit and care-quality narrative have separate assurance limits.