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Veris H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary29 Aug, 2025
Executive summary
Transformation from a fragmented surveying business to a differentiated spatial data and digital solutions provider, leveraging AI and digital twins for high-value infrastructure sector clients.
Achieved a significant turnaround, posting $2.0M profit before tax in FY25, reversing a $4.4M loss in FY24, while continuing strategic investments.
Revenue grew to $97.2M, up from $92.6M in FY24, with a strong order book exceeding $65M and a robust cash balance of $16.6M.
Digital and spatial advisory services now contribute over 25% of total revenue, reflecting successful digital strategy execution.
Focus on high-margin, value-based projects and strategic partnerships, including an alliance with Wumara to enhance indigenous capability.
Financial highlights
Organic revenue exceeded $97.2M, up 5% year-over-year, with a profit before tax of $2.0M, reversing a $4.4M loss in FY24.
Gross profit margin improved to 36.5% from 32.6% in FY24.
EBITDA margin increased to 10.3%, with EBITDA of $10.0M.
Digital and spatial revenue grew from 17% to over 25% of total revenue.
Dividend declared with a 55% payout ratio, returning over $3.2M to shareholders over three years.
Outlook and guidance
Committed workload exceeds $65M, with a weighted pipeline over $190M.
Strong project wins, including the Suburban Rail Loop, underpin confidence in future revenue growth.
Continued focus on margin growth and sustainable, profitable expansion.
Growth supported by integration of Spatial Vision and expansion into high-value digital and consulting services.
What's the new digital revenue share target?
Sustainable PBT margin beyond mid-single digits?
M&A focus: specific capabilities or market gaps?
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Strong revenue and profit growth in FY2025, with raised guidance and key divestiture impact. - 8053
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Profits fell across most segments, but energy shipping and a major acquisition stood out.
Next Veris earnings date
H1 202623 Feb, 2026
Veris
Next Veris earnings date
H1 202623 Feb, 2026
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