Vital (VTL) H2 2025 earnings summary

Executive summary

• Reported a net loss of $2.81 million for the year ended 30 June 2025, compared to a net profit of $27,000 in the prior year.

• Revenue decreased slightly to $25.81 million from $26.19 million year-over-year.

• The loss was primarily driven by a significant impairment loss of $3.65 million on wired network assets.

• Management remains confident in the going concern basis, supported by positive equity and ongoing performance improvement strategies.

Financial highlights

• Revenue: $25.81 million (down 1.4% year-over-year).

• Net loss: $2.81 million (vs. $27,000 profit prior year).

• Gross profit: $11.85 million (down from $12.18 million year-over-year).

• EBITDA: $10.77 million (down from $11.54 million prior year).

• Basic and diluted EPS: $(0.066) (vs. $0.001 prior year).

Outlook and guidance

• Management is actively pursuing strategies to improve operating performance.

• Forecasts and cash flow projections support the ability to meet obligations as they fall due.