• Challenges in collecting outstanding receivables from NDIA
• Subsidiary companies placed into liquidation
• Sale of Thrive Day Program and additional director loan to preserve cash

Freedom Care Group Holdings Limited (ASX: FCG) released its Appendix 4C Cashflow Report for the quarter ended 31 March 2025. The key highlights include: The Administrator, KPT Restructuring Pty Ltd (KPT), continued to experience challenges in collecting outstanding receivables from the NDIA during the quarter. Freedom Care Group Pty Ltd was placed into Liquidation on 21 January 2025, and Regional Disability Services Pty Ltd, a 50% subsidiary, was placed into Liquidation on 6 February 2025. The Company's cash balance at 31 March 2025 was $0.4 million, down from $0.6 million at 31 December 2024. To preserve value, the Company successfully sold its Thrive Day Program to an external party for $280,000. Additionally, the Company received a $200,000 loan from a Director to ensure adequate short-term liquidity. The Liquidators continue to engage with the NDIA regarding the recovery of outstanding receivables, but the NDIA has not been providing regular payments. The Liquidators have formally raised concerns regarding delays in responding to queries and the timing of payment of amounts outstanding.

KPT continues to engage with the NDIA regarding the recovery of outstanding receivables; however, the NDIA has not been providing regular payments. KPT remains actively engaged with the NDIA and has formally raised concerns regarding delays in responding to queries and the timing of payment of amounts outstanding.