Oceania Healthcare financial results overview

Oceania Healthcare (ASX:OCA) has announced its financial results for the six-month period ending 30 September 2024. The company reported a 0.8% increase in revenue, totaling NZD $132.605 million. However, the net loss was NZD $17.064 million, marking a 148.5% decline. The net tangible assets per quoted equity security rose to NZD $1.43 from NZD $1.41 in March 2024.

Summary of Oceania Healthcare's financial announcement

Oceania Healthcare reported a slight increase in revenue but faced a significant net loss for the six-month period ending 30 September 2024. The underlying EBITDA rose by 2.7% to NZD $38.647 million, while total comprehensive income decreased by 80.8% to NZD $11.842 million. No dividend was declared for this period. The net tangible assets per quoted equity security showed a marginal increase. The announcement includes detailed financial statements and contact information for further inquiries. Oceania Healthcare remains focused on understanding the financial challenges and striving for improved performance in the future.

Executive commentary on financial performance

The announcement is accompanied by unaudited financial statements, a media release, a results presentation, and an interim report for further details.