• Revenue of $46.75 million, down 3% from prior period
• EBIT of $1.24 million, up 117% from prior period
• Profit before tax of $998,000, up 212% from prior period

Veris Ltd, a leading digital advisory and consulting firm, has released its Appendix 4D for the half-year ended 31 December 2024. The company reported revenue of $46.75 million, a 3% decrease from the prior corresponding period. However, Veris achieved a significant improvement in profitability, with EBIT increasing by 117% to $1.24 million and profit before tax rising by 212% to $998,000. The company's profit margin also improved from 0.7% to 2.1%. Veris' net tangible asset backing per ordinary security decreased from 5.45 cents per share to 4.74 cents per share. The company did not declare or pay any dividends during the reporting period. Veris maintained its national footprint and diverse geographic spread of offices, servicing major metropolitan and regional centers across Australia. The company's end-to-end service offering continues to unlock the digital transformation needs of its tier-1 clients in key industry sectors.