• FY25 unaudited net profit before tax (PBT) of $2.0m
• FY25 unaudited revenue of $97.2m, up 5.0% on the pcp
• A strong cash balance of $16.6m at 30 June
• Secured workload has expanded to in excess of $65m

Veris Limited (ASX:VRS), a corporate digital and spatial data advisory and consulting firm, confirms that its unaudited financial result for the year ended 30 June 2025 is at the upper end of the expected range of PBT as previously announced in the Company's FY25 Trading Update. The Company expects to report an FY25 full year result including a Profit before tax of $2.0 million, representing a strong turnaround from the $4.4 million statutory loss before tax reported in FY24 (the pcp). Revenue is expected to be $97.2 million, up 5.0% on the pcp, and the Company has a robust cash balance of $16.6 million at 30 June 2025 (vs $16.1m at pcp), reflecting an increase from prior year despite significant capital deployment for the Spatial Vision acquisition and the ongoing on-market share buyback program. The turnaround in Veris' performance is attributed to the ongoing disciplined execution of its strategic transformation, improved operational performance, and a continuous focus on margin expansion. The strategic restructure and pivot to a national operating model, implemented during the second half of FY24, have proven effective, with FY25 performance showcasing clear benefits across the business. Veris' intensified focus on high-value digital, spatial, and advisory services has resulted in measurable outcomes, including an increasing share of Digital & Spatial-based consulting and advisory project revenues, along with enhanced margins. Additionally, the acquisition of Spatial Vision has delivered immediate strategic and operational benefits, accelerating Veris' transition to a fully integrated digital and spatial data advisory and consulting model.

FY25 unaudited net profit before tax (PBT) of $2.0 million, FY25 unaudited revenue of $97.2 million, up 5.0% on the prior corresponding period.