• Delivered 81% growth in NPBT to $20.0m for FY26
• Established national footprint with new offices across Australia and New Zealand
• Progressing Kariyarra Water Scheme with H3 hydrogeological assessment and water offtake negotiations

Vysarn Ltd delivered a record FY25 result with NPBT of $15.0m, up 36% on FY24 and 112% on FY23. The company's FY25 operational revenue grew 40% to $106.5m. EBITDA for FY25 was $21.4m, up 31% on FY24 and 72% on FY23. Vysarn is forecasting further strong earnings growth in FY26, targeting NPBT of $20.0m, up 33% on FY25. This growth is expected to be driven by continued momentum in the Industrial division, a material second-half skew in the Technology division, and ongoing performance in the Advisory division. Vysarn has also established a national footprint, with new offices opened in Western Australia, Victoria, Queensland and New Zealand to access the East Coast water and infrastructure boom. In its Asset Management division, Vysarn is progressing the Kariyarra Water Scheme, with the completion of the Phase 1 drilling and testing program and the upcoming lodgement of the H3 hydrogeological assessment to support a 5C groundwater licence application. The company is also targeting the launch of an EOI campaign and entry into binding water offtake and infrastructure funding agreements for the project in calendar year 2026.

Vysarn is targeting FY26 NPBT of $20.0m, representing 33% growth on FY25.

Vysarn is well-positioned for continued organic growth across its operating segments in FY26. The company is also targeting value-accretive and scalable acquisitions, expanding its Technology segment's product suite and recurring revenue streams, and progressing the Kariyarra Water Scheme project. Vysarn aims to become a preferred national provider of integrated water solutions and an industry leader across the resources, urban, agriculture and infrastructure sectors.