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Third Age Health Services (TAH) briefings

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Showing 1-4 of 4 published briefings.

Third Age Health Services (TAH)•FY26•Released 29 May 2026

PBT up 25.7% on ARC scale, full-year dividend reset to 8.0c

Aged-care consolidation lifted earnings and revenue mix, but a halved dividend and weaker cash conversion signal a clear reinvestment pivot.

Published 29 May 2026

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Third Age Health Services (TAH)•FY23•Released 26 May 2023

Revenue nearly doubled but PBT fell 56% as costs outpaced growth

Effective tax rate jumped from 24.9% to 43.5%, deepening the NPAT decline to 67% while operating cash flow held essentially flat at $1.1m.

Published 28 April 2026

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Third Age Health Services (TAH)•HY23•Released 28 November 2022

Acquisition lifted revenue 61.2% but continuing NPAT fell 51.8%

Integration and consolidation costs for acquired GP practices absorbed the acquired revenue and roughly halved earnings to $0.3m.

Published 22 April 2026

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Third Age Health Services (TAH)•FY22•Released 30 May 2022

Cash conversion fell to 90% as acquisitions drove 7.5% revenue growth

Gross margin expanded 300bps to 63% on the GP portfolio shift, but operating cash flow weakened and ROE eased from 73.4% to 50.2%.

Published 22 April 2026

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