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Veris Limited (AU:VRS)
ASX:VRS
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Veris Limited (VRS) AI Stock Analysis

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AU:VRS

Veris Limited

(Sydney:VRS)

Rating:56Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
Veris Limited's overall stock score reflects significant financial challenges, especially in terms of declining revenue and profitability. Positive cash flow management and strong technical indicators provide some balance, though the overbought RSI suggests caution. Valuation is unclear due to missing key metrics, which adds uncertainty to investment decisions.

Veris Limited (VRS) vs. iShares MSCI Australia ETF (EWA)

Veris Limited Business Overview & Revenue Model

Company DescriptionVeris Limited provides surveying and geospatial services in Australia. It operates through Veris Australia and Aqura Technologies segments. The Veris Australia segment provides an end-to-end spatial data solution, which includes data collection, analysis, interpretation, data hosting and access, modelling, and sharing and insights for clients. The Aqura Technologies segment provides technology solutions across industrial wireless, enterprise communications, and next-generation IoT. It serves infrastructure, property, mining, resources, energy, utilities, government, and defence sectors. Veris Limited was incorporated in 2006 and is headquartered in East Melbourne, Australia.
How the Company Makes MoneyVeris Limited generates revenue through a diversified model primarily based on the provision of its professional services. Key revenue streams include fees for surveying projects, spatial data services, and engineering consulting, which are contracted by clients across infrastructure, property development, and natural resource sectors. The company may also engage in long-term partnerships with governmental bodies and private enterprises to provide ongoing support in large-scale projects. Additionally, Veris benefits from advancements in technology and data analytics, enhancing its service offerings and value proposition to clients. These factors contribute to its earnings through project-based contracts, retainer agreements, and service-level agreements tailored to client needs.

Veris Limited Financial Statement Overview

Summary
Veris Limited faces significant financial challenges, particularly in terms of revenue decline and profitability, as reflected in its income statement. The balance sheet shows some stability but is weighed down by high leverage. On the positive side, cash flow management is a relative strength, indicating good operational cash generation despite the company's losses.
Income Statement
45
Neutral
Veris Limited has seen a significant decline in total revenue from 2023 to 2024, with a negative revenue growth rate of approximately -8.2%. The gross profit margin stands at 10.2%, showing a drop from the previous year's 11.3%. The net profit margin is negative at -5.1%, indicating a net loss. EBIT margin is also negative, highlighting operational inefficiencies. Overall, the company faces challenges in revenue and profitability which impact the income statement score.
Balance Sheet
50
Neutral
The debt-to-equity ratio has improved slightly, dropping from 0.83 in 2023 to 0.91 in 2024, which suggests better leverage management. The equity ratio is 36.9%, indicating a relatively stable financial position. However, the consistently high level of total debt in relation to equity highlights leverage risks. ROE is negative due to net losses, reflecting the company's struggle to generate profit from shareholders' equity.
Cash Flow
60
Neutral
Operating cash flow has remained positive, and free cash flow has increased from the previous year, suggesting effective cash management. The operating cash flow to net income ratio is strong despite net losses, indicating solid cash generation from operations. However, the free cash flow to net income ratio is less meaningful due to negative net income. Overall, cash flow generation appears to be a relative strength amidst financial challenges.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue92.59M100.86M92.37M77.44M94.11M
Gross Profit9.42M11.40M7.59M3.30M-9.05M
EBITDA4.68M9.87M9.79M7.08M-2.71M
Net Income-4.69M892.00K-1.72M-1.38M-22.86M
Balance Sheet
Total Assets62.42M69.54M72.96M62.83M57.26M
Cash, Cash Equivalents and Short-Term Investments16.14M17.34M18.20M4.65M1.94M
Total Debt20.87M24.00M24.14M32.40M29.58M
Total Liabilities39.38M40.72M44.37M55.32M56.00M
Stockholders Equity23.04M28.82M28.59M7.51M1.26M
Cash Flow
Free Cash Flow5.73M4.32M-540.00K4.40M975.00K
Operating Cash Flow7.70M8.03M4.02M6.71M5.90M
Investing Cash Flow-1.86M-3.86M20.62M-2.26M5.67M
Financing Cash Flow-7.04M-5.03M-11.08M-1.73M-13.32M

Veris Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.05
Positive
100DMA
0.05
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Negative
RSI
77.86
Negative
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VRS, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 77.86 is Negative, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:VRS.

Veris Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
AU$19.42M13.334.42%-6.63%-26.38%
68
Neutral
¥232.71B14.907.50%2.60%9.27%5.76%
67
Neutral
AU$23.61M1.9013.01%66.22%20.83%
56
Neutral
€34.17M
-5.87%-750.00%
€16.56M7.8914.71%
50
Neutral
AU$7.73M3.21-3.31%-30.52%-192.05%
50
Neutral
AU$14.54M-100.21%9.01%-4.27%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VRS
Veris Limited
0.07
0.02
34.69%
AU:EVZ
EVZ Limited
0.16
0.00
0.00%
DE:47L
Verbrec Ltd
0.04
-0.03
-42.86%
AU:RDG
Resource Development Group Limited
0.01
-0.02
-66.67%
AU:SOP
Synertec Corporation Limited
0.03
-0.07
-70.00%
AU:WSI
WestStar Industrial Ltd.
0.06
-0.08
-57.14%

Veris Limited Corporate Events

Veris Limited Returns to Profitability with Strategic Transformation
Jul 23, 2025

Veris Limited has announced a return to profitability for the fiscal year 2025, reporting an unaudited profit before tax of $2.0 million, a significant improvement from the $4.4 million loss in the previous year. The company’s revenue increased by 5% to $97.2 million, supported by a robust cash balance and a strong forward workload exceeding $65 million. This turnaround is attributed to Veris’ strategic transformation, operational improvements, and a focus on high-value digital and spatial services, further bolstered by the acquisition of Spatial Vision, which has accelerated its transition to a fully integrated model.

Veris Limited Secures Major Engineering Survey Contract for Suburban Rail Loop
Jul 21, 2025

Veris Limited has secured a significant engineering survey contract valued between $16 million and $20 million for the Suburban Rail Loop East, Tunnels North package in Victoria. This contract, awarded by the Terra Verde consortium, involves constructing 10 kilometers of twin tunnels in Melbourne and boosts Veris’ secured workload to over $65 million. The project reinforces Veris’ reputation as a leading provider of data-led precision engineering survey solutions, supporting major infrastructure projects and contributing to the Victorian Government’s Big Build program.

Veris Limited Completes Final Phase of Share Buy-Back Program
Jul 18, 2025

Veris Limited has announced the final notification of its buy-back program, involving the acquisition of 4,059,592 ordinary fully paid securities for a total consideration of AUD 200,835.06. This buy-back is part of an on-market strategy, suggesting a focus on optimizing capital structure and potentially enhancing shareholder value.

Veris Limited Reports Strong FY25 Turnaround and Strategic Growth
Jun 23, 2025

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.

Veris Limited Updates on Share Buy-Back Progress
Jun 20, 2025

Veris Limited, a company listed on the ASX under the code VRS, has announced an update regarding its ongoing share buy-back program. On June 20, 2025, the company reported the buy-back of 300,000 ordinary fully paid securities on the previous day, adding to a total of 3,759,592 securities bought back before that day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Securities Buy-Back Program
Jun 19, 2025

Veris Limited has announced an update regarding its ongoing buy-back program, specifically detailing the daily buy-back of its ordinary fully paid securities. As of June 19, 2025, the company reported that it had bought back a total of 3,259,592 securities prior to the previous day, with an additional 500,000 securities bought back on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Share Buy-Back Progress
Jun 18, 2025

Veris Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, identified by the ASX security code VRS. The company has been actively buying back its shares, with a total of 2,959,592 securities bought back before the previous day and an additional 300,000 securities bought back on the previous day. This buy-back initiative reflects Veris Limited’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Program
Jun 16, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified under the ASX code VRS. As of June 17, 2025, the company has bought back a total of 2,959,592 securities, including 300,000 securities acquired on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Program
Jun 16, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program. As of June 16, 2025, the company has bought back a total of 2,496,333 ordinary fully paid securities, with an additional 163,259 securities purchased on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Progress
Jun 12, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, with a total of 300,000 securities bought back on the previous day, adding to the 2,196,333 securities bought back before that. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Program
Jun 11, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities. As of June 12, 2025, the company has bought back a total of 1,896,333 securities, with an additional 300,000 securities purchased on the previous day. This buy-back initiative is part of Veris Limited’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach in managing its financial operations.

Veris Limited Updates on Share Buy-Back Progress
Jun 10, 2025

Veris Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, identified by the ASX code VRS. The company has bought back a total of 1,496,333 securities before the previous day and an additional 400,000 securities on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Program
Jun 9, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program. The company has repurchased a total of 1,196,333 ordinary fully paid securities before the previous day and an additional 300,000 securities on the previous day. This buy-back activity reflects Veris Limited’s strategic financial management efforts, potentially aiming to enhance shareholder value and optimize capital structure.

Veris Limited Updates on Market Buy-Back Program
Jun 5, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program. As of June 5, 2025, the company has repurchased a total of 996,333 ordinary fully paid securities, with an additional 200,000 securities bought back on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Market Buy-Back Progress
Jun 4, 2025

Veris Limited has announced an update regarding its ongoing on-market buy-back program. As of June 4, 2025, the company has repurchased a total of 996,333 ordinary fully paid securities, including 200,000 bought back on the previous day. This buy-back initiative reflects Veris Limited’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on Share Buy-Back Program
Jun 1, 2025

Veris Limited has announced an update regarding their ongoing share buy-back program. The company, listed under the ASX code VRS, is actively engaging in an on-market buy-back of its ordinary fully paid securities. As of the latest update, Veris Limited has bought back a total of 619,469 securities before the previous day and an additional 176,864 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Updates on On-Market Buy-Back Program
May 30, 2025

Veris Limited has announced an update on its ongoing on-market buy-back program. The company has repurchased a total of 419,469 ordinary fully paid securities before the previous day and an additional 200,000 securities on the previous day. This buy-back initiative is part of Veris Limited’s strategy to manage its capital structure and potentially enhance shareholder value.

Veris Limited Secures Over $2M in New Digital Projects
May 26, 2025

Veris Limited has announced a series of new project wins worth over $2 million, highlighting its continued success in delivering high-value digital solutions. These projects include significant contracts such as the HumeLink East project in New South Wales, which involves advanced data capture and digital solutions for a major energy infrastructure initiative, and the Shire of Ashburton project in Western Australia, which focuses on road network data capture and analysis. The new wins underscore Veris’ strategic focus on digital transformation and its ability to meet evolving industry needs, leveraging its acquisition of Spatial Vision to enhance its service offerings. The company’s projects are expected to generate significant revenue and strengthen its market position in the digital solutions sector.

Veris Limited Announces New Securities Issuance
May 22, 2025

Veris Limited has announced the issuance of 1,250,000 ordinary fully paid securities under an employee incentive scheme, which will be quoted on the ASX. This move is part of the company’s strategy to enhance employee engagement and align their interests with shareholders, potentially impacting its operational dynamics and market positioning positively.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 26, 2025