Veris Limited (AU:VRS) has released an update.
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Veris Limited reports a decrease in both its segment and group revenue by 8%, with a significant drop of 34% in adjusted EBITDA for the fiscal year ended June 30, 2024. The company also experienced a substantial shift from a profit to a loss before and after tax, indicating a challenging financial year. Shareholders saw a decrease in net tangible asset backing per share from $0.056 to $0.045.
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