Foundation Healthcare's 1HFY2026 earnings down 67.6% y-o-y to $1.2 mil

Felicia Tan

Aug 13

Revenue rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.Newly-listed Foundation Healthcare ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2659193987"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2659193987\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2659193987?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-13 10:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2659193987","market":"us","top_or_hot":-1,"title":"Foundation Healthcare's 1HFY2026 earnings down 67.6% y-o-y to $1.2 mil","media":"Felicia Tan","content":"<div>\n<p>Revenue rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.Newly-listed Foundation Healthcare ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/foundation-healthcares-1hfy2026-earnings-down-676-y-o-y-12-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foundation Healthcare's 1HFY2026 earnings down 67.6% y-o-y to $1.2 mil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFoundation Healthcare's 1HFY2026 earnings down 67.6% y-o-y to $1.2 mil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-13 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/foundation-healthcares-1hfy2026-earnings-down-676-y-o-y-12-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Revenue rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.Newly-listed Foundation Healthcare ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/foundation-healthcares-1hfy2026-earnings-down-676-y-o-y-12-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JOYT","symbol_name":"JPMorgan Equity and Options Total Return ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/results/foundation-healthcares-1hfy2026-earnings-down-676-y-o-y-12-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2659193987","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/capital/results/foundation-healthcares-1hfy2026-earnings-down-676-y-o-y-12-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2659193987","pubTimestamp":1786587031,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Revenue rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"JOYT":"JPMorgan Equity and Options Total Return ETF","PMDE":"PGIM S&P 500 Max Buffer ETF - December","FEBU":"AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF","VOTE":"TCW Transform 500 ETF","RGLO":"Global Equity Active ETF","VGFPF":"Vanguard Funds PLC","GXDW":"Global X Dorsey Wright Thematic ETF","XLV":"健康照护类股ETF-SPDR","DECU":"AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF","HCSG":"Healthcare Svcs Group Inc"},"translate_title":"Foundation Healthcare 2026 财年上半年盈利同比下降 67.6% 至 120 万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GXDW":1.5,"VOTE":1.5,"PMDE":1.5,"DECU":1.5,"HCSG":1.5,"RGLO":1.5,"VGFPF":1.5,"XLV":1.5,"JOYT":1.5,"FEBU":1.5},"content_text":"Revenue rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.Newly-listed Foundation Healthcare Holdings has reported earnings of $1.2 million for the 1HFY2026 ended June 30, 67.6% lower y-o-y.\nRevenue, however, rose by 20.2% y-o-y to $129.2 million due to organic growth from its existing practices and medical centres, as well as growth from acquired practices.\nOther income also rose by 42.8% y-o-y to $1.2 million.\nThat said, higher finance expenses, inventories and consumables costs, subcontractor services, employee compensation, acquisition-related costs, the depreciation of property, plant and equipment and other operating expenses led profit before income tax to decline by 14.2% y-o-y to $18.4 million.\nInventories and consumables used - which rose by 45.1% y-o-y to $13.5 million - and subcontractor services - which increased by 54.6% y-o-y to $6.6 million - were generally in line with the revenue lift.\nThe higher employee compensation of $59.7 million, 27.5% higher y-o-y was due to the increase in the number of medical specialists as the group expands its operations and acquires new specialist practices. As at June 30, the group has a total of 108 medical specialists with four more in the pipeline, from 105 six months ago.\nThe higher depreciation of property, plant and equipment - which rose by 43.7% y-o-y to $9.1 million - was mainly due to higher depreciation of right-of-use assets in the specialists segment arising from expanded operations and newly acquired specialist practices. Depreciation expense under \"others\" also increased after operations at Foundation Ambulatory Centre Novena commenced in 1HFY2026.\nAcquisition-related and capital raising expenses surged by 827.2% y-o-y to $5.4 million due mainly to IPO-related expenses in addition to subsidiary acquisitions.\nOther operating expenses rose by 29.9% y-o-y to $9.9 million due to the increase in credit card, hospital and insurance administrative charges associated with the increased volume of specialist medical services provided by the group. The higher figure was also attributed to higher advertising and marketing expenses and premises operating expenses as the group expanded.\nFinance expenses were up by 7.3% y-o-y to $9.3 million mainly due to additional loan drawdowns of $69.0 million between 2HFY2025 and 1HFY2026 to finance acquisitions. This was partially offset by loan repayments of $8.1 million during the same period.\nAdjusted ebitda dipped by 0.5% y-o-y to $39.8 million. Adjusted ebitda margin fell by 6.5 percentage points y-o-y to 30.8%.\nProfit attributable to non-controlling interests fell by 7.2% y-o-y to $11.5 million.\n\"We are pleased to report revenue growth of 20% in our debut earnings announcement, demonstrating the scalability and strength of our platform,\" says CEO Liaw Yit Ming.\n\"During the first half, we invested in capacity to support the next phase of growth by expanding our specialist base, growing our clinic footprint, and launching and renovating medical centres. Our acquisition pipeline is healthy and progressing well, and we remain focused on attracting specialists to join our platform whilst driving incremental patient volumes. We are also advancing our international expansion plans in markets including Malaysia and Hong Kong where we see significant headroom for growth,\" he adds.\nShares in Foundation Healthcare closed 1 cent lower or 1.23% down at 80.5 cents on Aug 13.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}