FY25 Results Commentary
Stock | Vysarn Ltd (VYS.ASX) |
---|---|
Release Time | 22 Aug 2025, 8:14 a.m. |
Price Sensitive | Yes |
Vysarn Ltd reports strong FY25 results
- Revenue from operations increased 40% to $106.55 million
- EBITDA grew 31% to $21.33 million
- NPAT increased 34% to $10.69 million
- Completed acquisitions of CMP Consulting Group and Waste Water Services
Vysarn Limited (ASX:VYS) has announced its financial results for the 12 months ended 30 June 2025 (FY2025). The company's revenue from operations increased by 40% to $106.55 million, driven by the performance of its established water services across consultancy, hydrogeological drilling, test pumping and managed aquifer recharge (MAR), as well as the additional contributions from the acquisitions of CMP Consulting Group and Waste Water Services (WWS) during the year. EBITDA grew by 31% to $21.33 million, and NPAT increased by 34% to $10.69 million. The company's operational cashflow also improved significantly, rising 68% to $17.16 million. Vysarn continued to execute its strategy of becoming a leading vertically integrated water services and infrastructure provider, with the acquisitions of CMP and WWS providing further diversification and a strategic presence on the eastern seaboard of Australia. The company also progressed its strategy to own and develop groundwater resources for potential water supply in regional Western Australia. While the first half of FY2025 was impacted by a slowdown in project spending by iron ore clients, the second half saw a strong rebound in demand, leading to a material increase in activity and utilization across the industrial division. The technology division also delivered a historically strong earnings contribution, despite some delays in MAR unit sales due to capacity constraints. Looking ahead, Vysarn is well-positioned and funded to continue its growth strategy, with solid cash reserves, access to acquisition and growth debt facilities, and multiple identified acquisition targets.
Vysarn expects a continuation of strong operational performance and demand in FY2026, driven by a tightening supply-demand dynamic in the industrial division and opportunities to grow the technology and advisory divisions, including the newly acquired CMP and WWS businesses.