Healthia : Appendix 4D Half Year Report

Healthia Limited and its Controlled Entities

Appendix 4D

Half-year report

1. Company details

	Name of entity:	Healthia Limited
	ACN:	626 087 223
	Reporting period:	For the half-year ended 31 December 2021
	Previous period:	For the half-year ended 31 December 2020
	2. Results for announcement to the market
only					$'000
	up	50.8%	to	91,677
	Revenues from ordinary activities
	Loss from ordinary activities after tax attributable to the owners of
	H	althia Limited		down	101.8%	to	(86)
	Lo	for the half-year attributable to the owners of Healthia Limited	down	101.8%	to	(86)
use			31 Dec 2021	31 Dec 2020
		Cents	Cents
	Basic earnings per share				(0.08)	7.10
	Di uted earnings per share				(0.08)	6.79
personal			Franked amount per

Dividends

2022 Interim Dividend Declared

As at the date of signing the financial report, the Directors of Healthia Limited have recommended the payment of an interim fully franked dividend of 2 cents per share to the ordinary shareholders of Healthia Limited.

Dates for the 2022 interim dividend declared are as follows:

● Ex-Date: Tuesday, 1 March 2022;

● Record date: Wednesday, 2 March 2022;

● DRP Election Date: Thursday, 3 March 2022; and

● Payment date: Tuesday, 22 March 2022.

A fully underwritten Dividend Reinvestment Plan will operate for the 2022 Interim Dividend. A 2.5% discount will apply to the Dividend Reinvestment Plan for the interim dividend. A copy of the Dividend Reinvestment Plan rules can be found on Healthia's website at the following address: https://healthia.com.au/s/Dividend-Reinvestment-Plan-Rules.pdf.

Dividends (distributions)Amount per security security

For
Cu ent period
Interim dividend - H122	2.0 cents per share	100%
Previous corresponding period
Interim dividend - H121	2.0 cents per share	100%
Record date for determining entitlements to the interim dividends:	2 March 2022

Comments

The loss for the Consolidated Entity after providing for income tax and non-controlling interest amounted to $86,000 (31 December 2020: profit of $4,910,000).

During the 2022 financial half-year, the Consolidated Entity acquired 80 allied health businesses (76 Bodies and Minds clinics, including 63 Back in Motion Group clinics, 3 Eyes and Ears clinics and 1 Feet and Ankles clinic). This should be considered when interpreting the statutory financial results.

Healthia Limited and its Controlled Entities

Appendix 4D

Half-year report

An explanation of the statutory and pro-forma underlying figures is contained in 'Review of operations' included within the Directors' report in the attached Half Year Financial Report of Healthia Limited.

only
	3. Net tangible assets
		Reporting			Previous
		period			period
		Cents			Cents
	Net tangible assets per ordinary security	(55.55)	(55.85)
	Calculated as follows:
use	Consolidated
31 Dec 2021			31 Dec 2020
		$'000	$'000
	Net assets	173,964	90,697
	Le s: Intangibles	(237,822)	(135,637)
	Less: Deferred tax asset	(6,618)		(4,858)
	Net tangible assets	(70,476)		(49,798)
	Total shares issued (no.)	126,867,502	89,163,851
personal

4. Control gained over entities

Refer to note 18 for details of business combinations in the year.

5. L ss of control over entities Not applicable.

6. Dividends

Current period

As at the date of signing the financial report, the Directors of Healthia Limited have recommended the payment of an interim fully franked dividend of 2.0 cents per share to the ordinary shareholders of Healthia Limited.

Dates for the 2022 interim dividend declared are as follows: ● Ex-Date: Tuesday, 1 March 2022;

For● Record date: Wednesday, 2 March 2022;

● DRP Election Date: Thursday, 3 March 2022; and

● Payment date: Tuesday, 22 March 2022.

A fully underwritten Dividend Reinvestment Plan will operate for the 2022 Interim Dividend. A 2.5% discount will apply to the Dividend Reinvestment Plan for the interim dividend. A copy of the Dividend Reinvestment Plan rules can be found on Healthia's website at the following address: https://healthia.com.au/s/Dividend-Reinvestment-Plan-Rules.pdf.

Previous period

An interim dividend of 2.0 cents per share was paid for the period ended 31 December 2020.

Healthia Limited and its Controlled Entities

Appendix 4D

Half-year report

7. Details of associates and joint venture entities

		Reporting entity's	Contribution to profit/(loss)
		percentage holding	(where material)
		Reporting	Previous	Reporting	Previous
		period	period	period	period
	Name of associate / joint venture	%	%	$'000	$'000
	Fracture Holdco Pty Ltd	40.00%	45.00%	-	-
	Gr up's aggregate share of associates and joint venture
only
	entities' profit/(loss) (where material)
	Profit/(loss) from ordinary activities before income tax			-	-
	8. Foreign entities
	Details of origin of accounting standards used in compiling the report:
	Not applicable.
use
	9. Audit qualification or review
personal

Det ils of audit/review dispute or qualification (if any):

The financial statements were subject to a review by the auditors and the review report is attached as part of the Half Year Fi ancial Report.

10. Attachments

Details of attachments (if any):

The Half Year Financial Report of Healthia Limited for the half-year ended 31 December 2021 is attached.

11. Signed

Signed	Date: 28 February 2022
For
Dr Glen Frank Richards
Director

onlyHealthia Limited and its Controlled Entities

ACN 626 087 223

useHalf Year Financial Report - 31 December 2021 personalFor

Healthia Limited and its Controlled Entities Directors' report

31 December 2021

The directors present their, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Consolidated Entity') consisting of Healthia Limited (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year ended 31 December 2021.

onlyDirectors

The following persons were directors of Healthia Limited during the whole of the financial half-year and up to the date of this report, unless otherwise stated:

Dr Glen Frank Richards

Paul David Wilson

Lisa Jane Dalton

Wesley James Coote

Darren Lindsey Stewart

Anthony Peter Ganter

useColin Jonathan Kangisser

Principal activities

During the financial half-year the principal activities of the Consolidated Entity consists of the following:

● the operation of podiatry and retail footwear businesses throughout Australia through the Feet and Ankles division;

● the operation of physiotherapy, occupational therapy, hand therapy, exercise physiology and speech pathology

businesses throughout Australia through the Bodies and Minds division; and

● the operation of optometry and audiology businesses throughout Australia through the Eyes and Ears division.

Dividends

Dividends paid during the period were as follows:

	Consolidated
	31 Dec 2021		31 Dec 2020
	$'000	$'000
Interim dividend for the year ended 31 December 2020 of 2.0 cents per ordinary share	-	1,210
Final dividend for the year ended 30 June 2021 of 2.5 cents per ordinary share	2,255	-
personal
2,255	1,210

As at the date of signing the financial half-year report, the Directors of Healthia Limited have recommended the payment of an interim fully franked dividend of 2.0 cents per share (31 December 2020: 2.0 cents per share) to the ordinary shareholders of Healthia Limited and has determined that Healthia's Dividend Reinvestment Plan will operate for the interim dividend.

Review of operations

The loss for the Consolidated Entity after providing for income tax and non-controlling interest amounted to $86,000 (31 ForDecember 2020: profit of $4,910,000).

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