close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Radius Care eyes ‘capital-light acquisitions’

The aged care provider is looking for low-cost, high-return investments that won’t dramatically increase debt.

Radius Matamata Lodge.

Key points
  • Revenue: $2m, up 39%
  • Net profit: $85.4m, up 1.1%
  • Key takeaway: The company is looking for cheap acquisitions to boost its growth. 

 

 

NZX-listed age care provider Radius Care is on the hunt for acquisition opportunities that won’t drastically increase company debt.

The company, which today reported a 39% rise in its bottom line for the six months ended September, undertook a debt-fueled expansion in 2022, which saw its borrowing

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Nicholas Pointon Mon, 25 Nov 2024
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: $2m, up 39%
  • Net profit: $85.4m, up 1.1%
  • Key takeaway: The company is looking for cheap acquisitions to boost its growth. 

 

 

Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Radius Care eyes ‘capital-light acquisitions’
Investment,
106863
true