National Veterinary Care Ltd. reported audited consolidated earnings results for the year ended June 30, 2018 and parent entity earnings results for the Year Ended June 30, 2018. For the year, the company reported revenue was AUD 84,221,000 compared to AUD 66,841,000 a year ago. Profit before income tax was AUD 9,510,000 compared AUD 7,637,000 a year ago. Profit after income tax expenses for the year was AUD 6,881,000 compared AUD 5,026,000 a year ago. Profit for the year is attributable to owners of the company was AUD 6,237,000 or 10.46 cents per diluted share compared to AUD 4,395,000 or 8.41 cents per diluted share a year ago. Net cash from operating activities was AUD 6,842,000 compared to AUD 10,441,000 a year ago. Payments for property, plant and equipment was AUD 1,767,000 compared to AUD 1,555,000 a year ago. Underlying net profit for the year attributable to equity owners was AUD 6,295,000 compared to AUD 5,912,000 a year ago. Underlying EBITDA for the year (including non-controlling interest) was AUD 13,085,000 compared to AUD 12,065,000 a year ago. Underlying basic earnings per share was 10.73 cents compared to 11.38 cents a year ago. Net tangible assets per ordinary security negative were 44.30 cents compared to 25.86 cents a year ago. EBITDA was AUD 12,527,000 compared to AUD 10,088,000 a year ago. Underlying performance revenue was AUD 82,287,000 compared to AUD 66,841,000 a year ago.

For the year, on parent entity basis, the company loss after income tax was AUD 951,000 compared to profit of AUD 957,000 a year ago.

For the year 2019, the company expects underlying revenue 25% above fiscal year 2018. Gross margin in line with fiscal year 2018. Underlying EBITDA margin was 16%.