Verbrec Limited
VBC.ASXIndustrials
Verbrec is a leading engineering and project services company that supports customers across Australia, New Zealand, PNG and beyond. The Company serves the energy, infrastructure, and mining industries through their technical specialties; asset management
Market Data
$0.175
+0.0%$52.0M
12.0x
$0.014
1.18%
+0.1%
Latest Earnings
H1 FY2026 Half Year Results Announcement
27 February 2026
Verbrec (ASX: VBC) delivered H1 FY2026 EBITDA of $11.3m (vs $3.1m pcp), though $7.1m of this came from the gain on sale of Competency Training and discontinued operations, with continuing operations EBITDA of $4.0m — a 141% increase on the prior period's $1.7m. Continuing operations revenue grew 18.6% to $46.1m, supported by organic growth and the December 2025 completion of the Alliance Automation acquisition, which is expected to add over $60m in annual revenue. The company closed the half with a net cash position of $11.6m, reinstated its dividend at 0.1 cents per share (fully franked), and reported a 50% increase in its opportunity pipeline to $203m. Key points: Continuing operations EBITDA more than doubled to $4.0m (H1 FY2025: $1.7m), with EBITDA margin expanding from 4.3% to 8.7%; Continuing operations revenue grew 18.6% to $46.1m, reflecting strong organic momentum; Net cash position strengthened to $11.6m (from $2.3m at 30 June 2025) following the divestment of Competency Training
Recent Announcements
Revenue & Earnings Guidance for FY2026
Verbrec Limited (ASX: VBC) has issued FY2026 guidance expecting continuing operations revenue of $110-120 million (41% year-on-year growth) and total group EBITDA of $15.3-17.3 million, including $7.3 million from discontinued operations and a gain on the sale of Competency Training in H1 FY2026.
H1 FY2026 Half Year Results Announcement
Verbrec (ASX: VBC) delivered H1 FY2026 EBITDA of $11.3m (vs $3.1m pcp), though $7.1m of this came from the gain on sale of Competency Training and discontinued operations, with continuing operations EBITDA of $4.0m — a 141% increase on the prior period's $1.7m. Continuing operations revenue grew 18.6% to $46.1m, supported by organic growth and the December 2025 completion of the Alliance Automation acquisition, which is expected to add over $60m in annual revenue. The company closed the half with a net cash position of $11.6m, reinstated its dividend at 0.1 cents per share (fully franked), and reported a 50% increase in its opportunity pipeline to $203m. Key points: Continuing operations EBITDA more than doubled to $4.0m (H1 FY2025: $1.7m), with EBITDA margin expanding from 4.3% to 8.7%; Continuing operations revenue grew 18.6% to $46.1m, reflecting strong organic momentum; Net cash position strengthened to $11.6m (from $2.3m at 30 June 2025) following the divestment of Competency Training
H1 FY2026 Appendix 4D
Verbrec Limited (ASX: VBC) delivered a strong H1 FY2026 result with revenue from continuing operations growing 18.6% to $46.1M and a return to profitability with NPAT from continuing operations of $1.9M versus a loss of $0.3M in the prior period. Total reported NPAT of $9.0M was significantly boosted by the divestment of Competency Training Pty Ltd, a discontinued operation. The company also declared its first interim dividend of 0.1 cents per share, signalling growing confidence in the business. Key points: Revenue from continuing operations grew 18.6% year-on-year to $46.1M, demonstrating strong organic momentum; Returned to profitability with NPAT from continuing operations of $1.9M, swinging from a $0.3M loss in H1 FY2025; Total reported NPAT of $9.0M (up 940.8%) significantly boosted by gain on divestment of Competency Training Pty Ltd
Half Year Results Release Date & Webinar
Verbrec Limited (ASX: VBC) announced it will release its half year 2026 results on Friday, 27 February 2026, followed by a webinar presentation hosted by CEO Mark Read on Monday, 2 March 2026 at 2PM AEST.
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