Veris Limited Reports Strong FY25 Turnaround and Strategic Growth

Veris Limited ( (AU:VRS) ) just unveiled an update.

Veris Limited has announced a significant turnaround in its financial performance for FY25, expecting an unaudited net profit before tax between $1.8 and $2.0 million, a notable improvement from the $4.4 million loss in FY24. This recovery is attributed to strategic execution, including a shift to a national operating model and a focus on high-value digital and spatial services. The acquisition of Spatial Vision has further accelerated Veris’ transition to a fully integrated digital advisory model, contributing to a strong pipeline of projects and a positive outlook for FY26. The company is also considering reinstating a dividend, reflecting its commitment to shareholder returns while maintaining strategic growth investments.

More about Veris Limited

Veris Limited is a digital and spatial data advisory and consulting firm that focuses on providing innovative, data-driven solutions. The company operates in sectors such as Transport, Buildings & Property, Energy & Resources, Defence, Utilities, and Government, offering services aligned with digital transformation, consulting, advisory, spatial analytics, digital solutions, and digital twins.

YTD Price Performance: 2.04%

Average Trading Volume: 189,973

Technical Sentiment Signal: Sell

Current Market Cap: A$26.09M

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