Doctor Care Anywhere Investor Roadshow in Australia
11 September 2025
Doctor Care Anywhere Investor Roadshow in Australia
Doctor Care Anywhere Group PLC (ASX:DOC) (“Doctor Care Anywhere” or “the Company”) will
hold its upcoming investor roadshow in Australia from 15–19 September 2025.
Chief Executive Officer Laura O’Riordan and Chief Product Officer Andrew Bellingham will meet
with institutional and retail investors to:
• Present the Company’s H1 FY2025 financial results
• Provide an update on the Company’s operational performance and growth initiatives
• Outline the strategic priorities driving Doctor Care Anywhere’s trajectory in the telehealth
sector
Investor Sessions – Bell Potter Offices:
• Sydney – Monday, 15 September at 5:00 PM
• Melbourne – Thursday, 18 September at 5:00 PM
These sessions will allow investors to hear directly from management about Doctor Care
Anywhere’s pathway to sustainable growth, including market expansion, technology innovation,
and operating performance. Attendees will also have the opportunity to ask questions and
engage with the Company’s strategy for delivering shareholder value.
Register to attend here: Investor Events
A copy of the supporting investor presentation is available on the Investor Hub.
About Doctor Care Anywhere
Doctor Care Anywhere Group PLC is one of the UK’s leading private telehealth providers. The
Company partners with insurers, healthcare providers, and corporate clients to deliver care
through its proprietary digital health platform. Its growth strategy focuses on scaling services,
expanding strategic partnerships, and leveraging data-driven healthcare solutions to improve
patient outcomes and deliver long-term value for shareholders.
- ENDS This ASX announcement has been authorised for release by the Board of Directors.
Engage with the Doctor Care Anywhere management team directly by asking questions,
watching video summaries and seeing what other shareholders have to say. Navigate to our
Interactive Investor hub here: https://investors.doctorcareanywhere.com/announcements
Subscribe to our news alert service: https://investors.doctorcareanywhere.com/s/db4283
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Right Time, Right Strategy –
Unlocking Opportunity
September 2025
1
© 2025 Doctor Care Anywhere
Important Notice and Disclaimer
This presentation is for information purposes only and it is
not financial product or
investment advice. The
presentation is not intended to be comprehensive or
provide all information required by investors to make an
informed decision on any investment in Doctor Care
Anywhere Group PLC, incorporated in England and Wales
with company number 08915336 and registered as a
foreign company in Australia ARBN 645 163 873 (the
"Company"). In preparing this presentation, the Company
did not take into account the investment objectives,
financial situation or particular needs of any particular
reader.
Readers should obtain their own investment, legal and
tax advice before taking any action on any information
dealt with in the presentation.
Whilst this presentation is based on information from
sources which are considered reliable, no representation
or warranty, express or implied, is made or given by or on
behalf of the Company, any of its directors, or any other
person about the accuracy, completeness or fairness of
the information or opinions contained in this
presentation.
No responsibility or liability is accepted by any of them
for that information or those opinions or for any errors,
omissions, misstatements (negligent or otherwise) or for
any communication written or otherwise, contained or
referred to in this presentation.
2
Neither the Company nor any of its directors, officers,
employees, advisors, associated persons or subsidiaries
are liable for any direct, indirect or consequential loss or
damage suffered by any person as a result of relying upon
any statement in the presentation or any document
supplied with this presentation, or by any future
communications in connection with those documents
and all of those losses and damages are expressly
disclaimed.
All amounts are in British pounds (£ or GBP) unless
otherwise indicated. A number of
figures, amounts,
percentages, estimates, calculations of value and fractions
in this presentation are subject to the effect of rounding.
Accordingly, the actual calculation of these figures may
differ from the figures set out in this presentation.
Investors should also be aware that certain financial data
included in this presentation
including EBITDA and
measures described as “pro forma”, are "non-IFRS
financial information” under ASIC Regulatory Guide 230
(Disclosing non-IFRS financial information). The non-IFRS
financial information financial measures do not have a
standardised
meaning
prescribed
by
Australian
International Financial Reporting Standards (AIFRS) and,
therefore, may not be comparable to similarly titled
measures presented by other companies, nor should they
be construed as an alternative to other financial measures
determined in accordance with AIFRS. Investors are
cautioned, therefore, not to place undue reliance on any
non-IFRS financial measures included in this presentation.
This presentation may contain forward-looking statements
regarding the Company’s intent, belief or current
expectations with respect to its business and operations,
market conditions, results of operations and financial
conditions. Words such as ‘will’, ‘may’,
‘expect’,
‘indicative’, ‘plan’, ‘intend’, ‘seek’, ‘would’, ‘should’, ‘risk’,
‘forecast’ and similar expressions indicate forward-looking
statements which reflect the Company’s current views
with respect to future events and are subject to change and
involve risks, uncertainties and assumptions that could
cause actual outcomes to differ materially from the
outcomes anticipated. Accordingly, readers should not
place undue reliance on forward-looking statements.
Any opinions expressed reflect the Company’s position at
the date of this presentation and are subject to change.
Subject to applicable law, the Company assumes no
obligation to update, review or revise any information
contained in this presentation, whether as a result of new
information, future events or otherwise. Past performance
cannot be relied upon as a guide to future performance.
References to Doctor Care Anywhere in this presentation
are to the Doctor Care Anywhere Group including the
Company and all subsidiaries, unless stated otherwise.
Meet the Team
3
Laura O’Riordan
Chief Executive Officer
Andrew Bellingham
Chief Product & Proposition Officer
Laura O’Riordan, a qualified nurse; joined
Doctor Care Anywhere from her most recent
role as President at eMed (formerly Babylon),
bringing extensive leadership experience and
expertise in digital healthcare. Her impressive
career spans leadership roles at The Good Care
Group, Care UK, and Harmoni.
Andrew has been a qualified pharmacist for over
20 years & has been working in the health tech
sector for over 15 years, leading the product
development of companies including Ada
Health, Lloyds Online Doctor and ICareHealth, all
spearheading market first product propositions.
Our Winning Formula
£19.2m
350k
650
1.2m
Revenue up 1.6% BAU
Consultations in 1H25
Employed Staff
Activated Lives
24/7
+90%
10+ Years
90 seconds
365 Day
Operation
4
'Excellent’
Clinical Quality
Operating
Experience
Appointment
Booking Time
Financial Highlights 1H25
Breakthrough year for sustainable financial performance
£19.2m
Revenue (A$39.8m)
+1.6% BAU vs PCP
£2.9m (A$6.0m)
63%
51%
Underlying gross
profit margin
up from 55% in PCP
5
Underlying EBITDA
profit of
© 2025 Doctor Care Anywhere
Up from £0.0m in PCP
Underlying
contribution margin
Up from 39% in PCP
£4.8m
(A$9.9m)
Cash in hand at 30 June
2025
£0.4m
Cash generation in
1H25
Drive Continued Growth
Double our revenue and generate at least 15% EBITDA in 3 to 5 years
Annual revenue (£m)*
Underlying EBITDA (£m)
15.0
90
10.0
80
70
5.0
60
50
-
40
(5.0)
30
20
(10.0)
10
(15.0)
FY22
FY23
FY24
1H25
3 to 5 Years
FY22
FY23
FY24
(20.0)
Aim to at least double our revenue in next 3 to 5 years
EBITDA margin of at least 15% in same period
*2022-2024 revenue figures based on BAU revenue
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© 2025 Doctor Care Anywhere
1H25
3 to 5 Years
Key Priorities – 3 to 5 years
Strengthen and expand current relationships
Become a more strategic partner to our customers by helping them to delight their users, solve
business challenges, reduce costs, and unlock new service opportunities.
Sign transformational new business
Gain at least a 10% share of UK’s £6.3 billion ( 8.57 USD billion) telehealth virtual health market
by accelerating conversion from our strong pipeline of opportunities with PMI’s, Corporates
and new channels.
Drive continued material margin expansion
Simultaneously growing our top line while continuing to materially reduce our cost of sales
and non operating costs.
Accelerate digital delivery to drive scalable growth
Transforming primary care with technology driven solutions for value-based care.
7
Strengthen Existing Client Relationships
New proposition development and service expansion will ignite customer and revenue growth
Existing clients
Revenue & Customer Growth £
3.5 million
customers
Existing clients
3 million
customers
1.2 million
customers
© 2025 Doctor Care Anywhere
Drive user activation and conversion
Expanded digital care pathways supported by
technology & expanded clinician skill mix
Core GP offering and scalable platform
2023
8
Expand customer value through new service offerings
e.g. Health Assessments & GLP-1
2024
2025-2026
New services & increased scope
2026-27
Signing Transformational New Deals
Our business uniquely turns obstacles into solutions which is driving new deal opportunities
Increased NHS Pressure
24/7 operation with 100% of patients seen
within 24 hours
(2 hr average wait)
Growing Telehealth Demand
Scalable established digital platform that
provides additional capacity and can offer
additional care pathways
Struggling NHS service with average primary
care wait of 2 weeks
£6.3 billion UK telehealth market size with a
CAGR of 10-12%
Demand for Employer Led Solutions
56% of UK workers accept roles due to
employer’s supporting their long-term health
Increased PMI Uptake
7.6 million adults held a PMI product in 2024
equates to 14% of adult population
9
© 2025 Doctor Care Anywhere
DCA Solution
Suite
Focused solutions on highest employee
absence rates i.e. MSK & Mental Health
& Preventative care solutions i.e. Health
Assessments
Differentiated PMI specific solution focused
on driving desired outcomes
DCA's Wide Range of Services
Solutions to a meet a market-wide health need
Enhanced clinical
support
Digital primary care
clinical intervention
Digital led assessment
& pathway navigation
Total population of
68 million
requiring care from
a faltering NHS
31.3 million total working
population employer’s
need to support
3.8 million working
population with chronic
health conditions needing
employer's support
User
engagement
&
activation
DCA Solution Suite
10
Margin Expansion 1: Gross Margin
We can further reduce our cost to serve and increase gross margin %
Increase skills mix
Currently 60:40
2024
GM
58%
ppt Increase
Skills Mix – Impact on GM %
H1 2025
GM
63%
GP: Other Clinicians
Varied length
appointments
ppt Increase
Variable length appointments
% Appointments moved to 10 mins*
*(using 2024 number as base)
Margin Expansion 2: Overheads
Significant opportunity to reduce non-operating costs
Targeting a reduction in non-operating costs from approximately 43% to 20% of revenue over
the next 3 to 5 years
Efficiency
Reduce spend by
system
rationalisation
Simplification
Automation and
AI used to reduce
manual input
Transformation
Procurement
Ongoing
programme to
materially reduce
run rate spend
Reduce 3rd party
spend by
leveraging
economies of
scale
12
Accelerate Digital Delivery to Drive Scalable Growth
Product roadmap to transform primary care with technology driven solutions for value-based
care
H1 2025
Maximize
revenue from
core user
journey
Drive growth
from new
clinical
propositions
Improve
efficiency &
enable
scalability
13
Patient journey
continuous
improvement
H2 2025
Pharmacy fulfilment
differentiated offer (1 hour
delivery)
Open referral concierge
service
New Care Pathways:
AI Mental Health
Muscular Skeletal
AI Dermatology
Diagnostics
Health Assessments
Weight Management
Programme (GLp1)
H1 2026
H2 2026
Asynchronous
consultations
AI Navigation
Variable length
appointments
Pre-approved
FastTrack insurance
referral
Lifestyle programmes:
Women’s Health
Men’s Health
AI Health Coach
GP Connect – access
to patient record
Single Sign On
AI Clinical Scribe
NHS Login – patient
verification
3rd party API
integration
AI workforce
planning tooling
NHS MESH – clinical
notes transfer
Clinical Outcomes, Client Value and Differentiation
AI Patient
engagement
Strong Performance, Unrealised Potential
Executing today, scaling tomorrow — market value yet to catch up
DCA has significant growth opportunity
Efficient, Well-Managed, and Cost-Effective
business model
Demonstrated consistent and strong year on
year financial progress
Our market performance does not reflect our
financial performance and future opportunity
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