H1 FY2025 - Appendix 4D

Key points

• Revenue from continuing operations declined 14.4% to $42.8 million
• Profit after tax attributable to members decreased 69.8% to $861,000
• Net tangible assets per share increased 56.5% to 3.6 cents

Full summary

Verbrec Ltd has released its Appendix 4D for the half-year ended 31 December 2024. The company reported revenue from continuing operations of $42.8 million, a 14.4% decrease compared to the prior corresponding period. Profit after tax attributable to members decreased 69.8% to $861,000. Net profit for the period attributable to members increased 338.1% to $793,000. No dividends were paid during the current or previous period, and no dividends have been proposed for payment. Net tangible assets per share increased 56.5% to 3.6 cents. The financial statements contained in the Interim Financial Report 31 December 2024 have been subject to a review by the auditors.