H1 FY2025 - Appendix 4D

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Stock Verbrec Ltd (VBC.ASX)
Release Time 27 Feb 2025, 5:04 p.m.
Price Sensitive Yes
 Verbrec Ltd reports H1 FY2025 results
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.