• Veris records revenue of $97.2m, up 5% on FY24
• EBITDA of $10.0m, with EBITDA margin of 10.3%
• Profit before tax of $2.0m, a turnaround from a $4.4m loss in FY24
• Digital & Spatial advisory revenue now >25% of Group revenue
• Board declares a full year fully franked dividend of 0.2 cents per share

Veris Limited (ASX:VRS) has announced its audited results for the fiscal year ended 30 June 2025 (FY25). The company has returned to profitability, expanded margins, and accelerated the shift toward higher-value digital, consulting and advisory services. In FY25, Veris recorded revenue of $97.2m (up 5% on FY24), with EBITDA of $10.0m (10.3% margin vs 7.2% in FY24), culminating in a return to profit before tax of $2.0m (vs a $4.4m statutory loss in FY24). The company's digital and spatial advisory revenue now comprises more than 25% of Group revenue. Veris closed the year with cash of $16.6m at 30 June 2025, providing flexibility to continue investment in technology and skillsets that support growth in digital solutions and advisory capabilities, as well as to progress selective M&A opportunities. The Board has declared a full-year dividend of 0.2 cents per share, reflecting confidence in the company's financial position and outlook. Veris' transformation into a digitally-differentiated professional services firm anchored in spatial data has been evident in the mix of work pursued and won through FY25, the expansion of gross margins, and the growing contribution from digital and advisory offerings.

For FY26, Veris enters with a secured forward workload exceeding $65m and a healthy unsecured project pipeline with a weighted value above $190m across a diversified set of industries. The company will focus on sustaining margin-accretive growth by deepening its digital, consulting and advisory capabilities, scaling proprietary platforms and bringing new releases to market.

Veris operates across Transport, Government, Energy & Resources, Utilities, Defence, and Property & Buildings, where multi-year investment cycles continue to support demand for the company's services. The company's diversified exposure to these sectors, and its leading client base, provide multiple growth pathways and portfolio resilience, reinforcing confidence in the outlook for FY26 and beyond.