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The latest update is out from Veris Limited ( (AU:VRS) ).
Veris Limited has achieved a significant turnaround in FY25, reporting a profit before tax of $2.0 million, reversing a previous loss. This success is attributed to strategic restructuring, a focus on high-value consulting, and the acquisition of Spatial Vision, which has strengthened its digital and spatial capabilities. The company declared a dividend and announced the acquisition of Mesh Livable Communities, further expanding its advisory services and digital platform offerings. Veris is well-positioned for sustainable growth with a strong secured and unsecured project pipeline and a focus on strategic growth through digital and spatial services.
More about Veris Limited
Veris Limited operates in the professional services industry, focusing on high-value consulting, digital, and spatial services. The company is transitioning into a fully integrated digital and spatial data advisory and consulting firm, aiming to lead in data-driven insights and digital solutions.
YTD Price Performance: 55.32%
Average Trading Volume: 309,656
Technical Sentiment Signal: Buy
Current Market Cap: A$38.61M
For a thorough assessment of VRS stock, go to TipRanks’ Stock Analysis page.