Lifestyle Communities Ltd (ASX:LIC)
A$ 11.01 0.14 (1.29%) Market Cap: 1.32 Bil Enterprise Value: 1.82 Bil PE Ratio: 15.12 PB Ratio: 2.16 GF Score: 86/100

Full Year 2023 Lifestyle Communities Ltd Earnings Call Transcript

Aug 16, 2023 / 05:00AM GMT
Release Date Price: A$16.5 (-4.25%)
Operator

Thank you for standing by, and welcome to the Lifestyle Communities Limited Full Year Results Call. (Operator Instructions) And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome James Kelly, Managing Director, to begin the conference. James, over to you.

James Kelly
Lifestyle Communities Limited - Founder, MD & Director

Thank you for that. And welcome, everyone, to the call, and thank you for taking the interest to listen in. For this year, we celebrate 20 years, which is splashed all over our annual report and our presentation deck. Since we started in a coffee shop in Melbourne, it was years ago, to try and reimagine what living could be like to be above 50, we spent so much time researching our customer, the market, what was on offer in Australia and America, and it's set on the unique model that defines what we do today.

From the get-go, we had a moral, ethical and social mandate to do the right thing, create a business that was truly for purpose, and we have never

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