EGH.ASX: Eureka Group Holdings Ltd FY26 Results
Key points
- Underlying EBITDA up 29% to $21.7 million
- Revenue up 24% to $56.7 million
- Assets under management increased 29% to $500 million
Full summary
Eureka Group Holdings Ltd announced its FY26 results, highlighting robust financial performance with underlying EBITDA up 29% to $21.7 million and revenue up 24% to $56.7 million. The company's assets under management increased by 29% to $500 million, and the number of homes/sites rose by 26% to over 4,000. The seniors' occupancy rate stood at 97%, and all-age long-term occupancy at 95%. The company also scaled its all-age rental segment, with homes/sites increasing to 1,357. Capital management remained disciplined, with a loan-to-value ratio of 34.2% and interest cover ratio of 3.5 times. The final dividend was 0.73 cents per security, and the company expects underlying earnings per share of at least 3.9 cents for FY27.
Guidance
Underlying earnings per share of at least 3.9 cents for FY27
Outlook
Eureka Group Holdings Ltd enters FY27 with a significantly larger portfolio, a funded development pipeline, and the same priority of adding well-managed homes in markets with the greatest opportunity.
Summary generated by a large language model. Please interpret with care.