Australia · Delayed Price · Currency is AUD Veris Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 4.9% to AUD 102 million, with Digital & Spatial revenue rising to 28% of total, reflecting a successful digital strategy. Strong cash flow and proactive responses to macro headwinds supported ongoing M&A and a robust FY 2027 outlook.
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Revenue grew 9% year-on-year to AUD 50.9 million, with EBIT up 62% and digital revenue now 29% of total. Strong cash position and backlog support a positive outlook, while recent acquisitions and AI-enabled solutions drive growth and margin expansion.
Fiscal Year 2025
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FY25 saw strong organic revenue growth, margin expansion, and a return to profitability, driven by a strategic pivot to digital and spatial solutions. The business boasts a robust pipeline, successful M&A, and a growing dividend, positioning it for sustainable, high-margin growth.
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Profit before tax surged over 200% year-over-year, driven by a strategic shift to high-margin digital and spatial services. The acquisition of Spatial Vision strengthens capabilities and government sector reach, with a strong backlog and pipeline supporting a positive outlook.