Investor Update July 2025

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Stock Vysarn Ltd (VYS.ASX)
Release Time 28 Jul 2025, 8:25 a.m.
Price Sensitive Yes
 Vysarn Ltd Delivers Record FY25 Results
Key Points
  • Operational revenue up 40% to $106.5m
  • EBITDA up 31% to $21.4m
  • NPBT up 36% to $15.0m
  • Transformative acquisitions deliver strong earnings contribution
Full Summary

Vysarn Ltd, an integrated and multi-disciplinary 'end-to-end' water solutions provider, has delivered a record financial performance in FY25. The company reported operational revenue of $106.5m, up 40% on FY24 and 64% on FY23. EBITDA increased 31% to $21.4m, while NPBT rose 36% to $15.0m. Vysarn's transformative acquisitions, including CMP Consulting Group and WWS, have delivered strong earnings contributions. The company's 2HFY25 earnings performance provides a baseline run rate to target further material earnings growth in FY26. Vysarn's four business segments - Industrial, Advisory, Technology, and Asset Management - all performed well, with the Industrial and Technology divisions delivering particularly strong results. The company has bolstered its executive team and management depth to support its growth, and has made significant investments in business systems to facilitate the integration of new business units. Vysarn remains acquisitive for value-accretive and scalable, capital-light businesses, and is pursuing strategic collaborations with local and international water leaders. The company is also focused on evolving its technology division to deliver annuity-style revenue streams and continuing the evaluation and development of future asset management projects, including the Kariyarra Water Scheme.

Guidance

Vysarn is targeting further material earnings growth in FY26, with the aim of maintaining the 2HFY25 run-rate. The company is focused on capitalizing on current widespread demand, finalizing integrations, and optimizing operations across all segments.

Outlook

Vysarn is focused on driving growth across all segments, expanding its national footprint, and investing in the next leg of growth. The company remains acquisitive for value-accretive and scalable, capital-light businesses, and is pursuing strategic collaborations with local and international water leaders. Vysarn aims to become the preferred partner and national provider of water solutions, and to grow the proportion of long-term recurring group revenue streams.