Originally Posted by
Maverick
Have a look at the FY23 investor presentation 2023 pg. 19.
Care operation revenue = $195.1m
I then take out the PAC , DMF , "other" income which leaves the about $175 FY23.
So the trend of increases puts FY24 around the $190 I have used.
2 points about this Winner is that because profit is such a small percentage on such a big number , the big number doesn't have to be too accurate to matter.
The second point is that OCA use so many numbers all over the place that it seems you can use what ever numbers you like. But when observing trends like I am doing here is what really matters is that the numbers one chooses to use must be the ones consistently employed.
BTW , your smaller number most likely doesn't include the extra dementia fees and all that extra DHB stuff. Also resident payments. All of these will be subject to similar charge increases.