Vection Technologies Ltd Releases Preliminary Final Report
Key points
- Revenues up 9.6% to $36.0 million
- Loss down 25.3% to $7.4 million
- EBITDA, Adjusted EBITDA, and Underlying EBITDA all improved
Full summary
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.
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