• Returned to profitability with $2.0M profit before tax
• Continued strategic investment in M&A, digital platforms, and high-demand skills
• Digital and spatial advisory now contribute over 25% of total revenue

Veris Ltd, a leading digital and spatial data advisory and consulting firm, has reported its FY25 results, showcasing a significant turnaround in the company's performance. The company returned to profitability, reporting a $2.0 million profit before tax, reversing the $4.4 million statutory loss in FY24. This strong financial performance was driven by the company's strategic investments in M&A, digital platforms, and high-demand skills, which have deepened Veris' integrated service offering and accelerated growth. The company's digital and spatial advisory now contribute over 25% of total revenue, reflecting strong traction and market adoption of its innovative solutions. Veris has also maintained a robust cash balance of $16.6 million, positioning the company to support future initiatives and provide flexibility for capital management. Additionally, the company has declared a full-year dividend of 0.2 cents per share and continued its ongoing share buyback program, demonstrating its commitment to shareholder returns. The company's strategic focus on high-value digital, consulting, and advisory projects has driven significant gross margin expansion, further strengthening its financial position. With a growing pipeline and secured forward workload exceeding $65 million, Veris is well-positioned to capitalize on the strong growth outlook across its diverse industry sectors, including transport, property and buildings, government, utilities, and energy and resources.

Veris reported revenue of $97.2 million, profit before tax of $2.0 million, and a gross profit margin of 36.5% for the 2025 financial year.

Veris has a healthy, unsecured project pipeline with a weighted value in excess of $190 million across its diverse set of industries. The company maintains a disciplined focus on margin-enhancing projects, driving sustainable, profitable growth and continued margin improvement. The integration of Spatial Vision has contributed to an expanded workload and pipeline of opportunities across key industry sectors, further supporting the company's growth outlook.