HCW Price sensitive 18 Aug 2026, 8:05 AM

Appendix 4E and FY26 Financial Report

Healthco Healthcare and Wellness REIT

Healthco Healthcare and Wellness REIT FY26 Financial Report

Key points

  • Revenue from ordinary activities decreased by 4% to $59.0m
  • Loss from ordinary activities after tax reduced by 44% to $49.7m
  • No distributions declared to preserve balance sheet liquidity
  • Portfolio reduced from 19 to 13 properties
  • Bank loan extended to December 2027

Full summary

Healthco Healthcare and Wellness REIT reported a 4% decrease in revenue from ordinary activities to $59.0 million for the financial year ended 30 June 2026. The loss from ordinary activities after tax decreased by 44% to $49.7 million. The company did not declare any distributions to preserve balance sheet liquidity. The portfolio was reduced from 19 to 13 properties primarily due to an asset recycling program and net unrealised fair value loss. The bank loan was extended from November 2026 to December 2027. The group's financial performance was also impacted by the group's interest in the HMC Wholesale Healthcare Fund, which did not pay any distributions during the year. The group did not have any employees during the year.

Guidance

FY26 Loss from ordinary activities after tax: $49.7m

Outlook

The group will continue as a going concern, and no further developments are expected to affect the results of operations in subsequent financial years.

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