FY23 Results Presentation
Australia & NZ
Highlights
FY23 summary
Underlying growth in operations financial performance
Revenue increase of $136m predominantly driven by Health
and Wellbeing business growth
Mobilised Workforce Australia contract during the period with
lower client flow across employment services offset by
performance
Margin lower due to the continued investment in Allied Health
and NDIS businesses and initial year of Workforce Australia
Interest costs incurred in Australia and a higher effective tax
rate of 29% in FY23
Outlook and strategic priorities
Margins will expand as Health continues to grow a scale
Employment Services: Focus on client engagement, achieving
sustainable employment outcomes and contract performance
Health and Wellbeing: Continued investment to meet
growing market demand and optimise performance through
scale
New opportunities: Employment Services, Health and
Wellbeing, Disability and Ageing
APM
enabling better lives
FY23 Results Presentation | August 2023
Revenue Year on Year ($m)
816.7
680.4
FY22
FY23
$816.7 million Revenue
NPATA¹ Year on Year ($m)
119.72
120.12
22.2
35.0
97.5
85.1
+136.3m/20%
FY22 on FY23
- 12.4m / (13)%
FY22 on FY23
(including interest)
+ 0.4m / 0%
FY22 on FY23
(excluding interest)
FY22
FY23
1.
NPATA - Net profit after tax and before contract amortisation before underlying adjustments (refer page 24 for reconciliation)
2. After adjusting for interest including both debt and IFRS 16 financing charges (tax effected)
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