• Revenue down 8.9% to $54.2 million
• EBITDA down 9.8% to $2.5 million
• NPAT down 50.4% to $673,814
• Net tangible assets per share increased to 18.03 cents

EVZ Limited, a leading provider of innovative engineering solutions in Australia, Southeast Asia and New Zealand, has reported its financial results for the half-year ended 31 December 2024. The company generated revenue of $54.2 million, a decrease of 8.9% compared to the previous corresponding period. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) declined by 9.8% to $2.5 million, while Earnings Before Interest and Tax (EBIT) decreased by 23.7% to $1.2 million. The net profit after tax (NPAT) for the half-year was $673,814, a 50.4% decrease from the previous corresponding period. The company's net tangible assets per share increased to 18.03 cents, up from 17.23 cents in the previous period. EVZ's four business entities, Brockman, Syfon Systems, Tank Industries and TSF Power, are grouped into two market segments: Energy and Resources, and Building Products. During the first half, the company generated positive cash flow of $2.4 million and continued to strengthen its balance sheet to enable upcoming growth opportunities.