Veris Limited

VRS.ASX

Industrials

Veris is Australia's leading provider of end-to-end spatial data services including data collection, analysis, interpretation as well as hosting and access, modelling, sharing and insights. Veris operates nationally across a range of sectors.

Market Data

Price

$0.056

-0.0%
Market Cap

$31.4M

P/E Ratio

19.3x

EPS

$0.003

Div. Yield

3.45%

52-Week Change

-0.1%

Latest Earnings

FY26 Half Year Results Announcement

24 February 2026

Revenue
$50.80
+9.0% YoY

Veris Limited delivered strong H1 FY26 results with revenue growing 9% to $50.8 million and underlying EBIT margin expanding to 4.0% from 2.6% in the prior period. The company successfully increased its digital & spatial revenue mix to 29% of total revenue and completed the strategic acquisition of Mesh, while maintaining a strong cash position of $14.9 million and robust forward workload of $65 million. Key points: Revenue growth of 9% to $50.8 million year-on-year; Underlying EBIT margin improved significantly to 4.0% from 2.6%, with underlying EBIT up 62% to $2.0 million; Digital & Spatial revenue increased to 29% of total revenue from 20% in prior period

Recent Announcements

24 Feb 2026 Actual Results Positive

FY26 Half Year Results Announcement

Veris Limited delivered strong H1 FY26 results with revenue growing 9% to $50.8 million and underlying EBIT margin expanding to 4.0% from 2.6% in the prior period. The company successfully increased its digital & spatial revenue mix to 29% of total revenue and completed the strategic acquisition of Mesh, while maintaining a strong cash position of $14.9 million and robust forward workload of $65 million. Key points: Revenue growth of 9% to $50.8 million year-on-year; Underlying EBIT margin improved significantly to 4.0% from 2.6%, with underlying EBIT up 62% to $2.0 million; Digital & Spatial revenue increased to 29% of total revenue from 20% in prior period

24 Feb 2026 Actual Results Positive

FY26 H1 Appendix 4D

Veris Limited reported 9% revenue growth to $50.8M for H1 FY26, but statutory EBIT fell 13% to $1.1M due to one-off expenses. However, underlying EBIT surged 62% to $2.0M, indicating strong operational performance after adjusting for non-recurring costs. Key points: Revenue growth of 9% to $50.8M demonstrating business expansion; Underlying EBIT surged 62% to $2.0M showing strong operational performance; Successful acquisition of Mesh Livable Urban Communities in December 2025

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