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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Veris
Veris (VRS) investor relations material
Veris H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary29 Aug, 2025
Executive summary
Transformation from a fragmented surveying business to a differentiated spatial data and digital solutions provider, leveraging AI and digital twins for high-value infrastructure sector clients.
Achieved a significant turnaround, posting $2.0M profit before tax in FY25, reversing a $4.4M loss in FY24, while continuing strategic investments.
Revenue grew to $97.2M, up from $92.6M in FY24, with a strong order book exceeding $65M and a robust cash balance of $16.6M.
Digital and spatial advisory services now contribute over 25% of total revenue, reflecting successful digital strategy execution.
Strategic acquisition of Spatial Vision expanded digital advisory capabilities and government sector reach.
Financial highlights
Organic revenue exceeded AUD 97 million, with a profit before tax of AUD 2 million, enabling a 55% payout ratio dividend.
Gross profit margin improved to 36.5% from 32.6% in FY24.
EBITDA margin improved to 10.3%, with EBITDA of $10.0M.
Over AUD 3.2 million returned to shareholders over three years via dividends and share buybacks.
Fully franked dividend of 0.2 cps, representing a ~55% payout ratio.
Outlook and guidance
Committed workload exceeds AUD 65 million, with a weighted pipeline over AUD 190 million.
Focus remains on margin-enhancing projects and sustainable, profitable growth.
Growth supported by integration of Spatial Vision and expansion into high-value digital and consulting services.
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Next Veris earnings date
H1 202623 Feb, 2026
Veris
Next Veris earnings date
H1 202623 Feb, 2026
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