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Third Age Health Services (TAH) briefings
Read that company's published results in release order, newest first.
Third Age Health Services (TAH)FY26Released 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
Read briefingThird Age Health Services (TAH)FY23Released 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
Read briefingThird Age Health Services (TAH)HY23Released 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
Read briefingThird Age Health Services (TAH)FY22Released 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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