Preliminary Final Report
| Stock | Vection Technologies Ltd (VR1.ASX) |
|---|---|
| Release Time | 29 Aug 2025, 8:33 a.m. |
| Price Sensitive | Yes |
Vection Technologies Ltd Releases Preliminary Final Report
- Revenues up 9.6% to $36.0 million
- Loss down 25.3% to $7.4 million
- EBITDA, Adjusted EBITDA, and Underlying EBITDA all improved
Vection Technologies Ltd has released its preliminary final report for the year ended 30 June 2025. The company reported a 9.6% increase in revenues to $36.0 million and a 25.3% reduction in loss to $7.4 million. EBITDA, Adjusted EBITDA, and Underlying EBITDA all improved compared to the prior year, with Underlying EBITDA increasing from a loss of $1.0 million to a profit of $2.8 million. The company gained control of The Digital Box S.p.A. and its controlled entities during the year, which contributed $1.3 million to the group's profit. The financial statements are in the process of being audited, and an unqualified opinion is expected to be issued, though the auditor's report will include a paragraph addressing a material uncertainty related to going concern.