Vysarn (VYS) H1 2025 earnings summary

Executive summary

• Revenue for the half year ended 31 December 2024 was $41.0M, up from $38.9M year-over-year.

• Net profit after tax was $3.56M, down from $4.10M in the prior year period.

• Major acquisitions of Waste Water Services Pty Ltd and CMP Consulting Group Pty Ltd completed, expanding geographic and service reach.

• No dividends were paid or declared for the period.

Financial highlights

• Operating cash flow increased to $14.8M from $8.3M year-over-year.

• Net assets rose to $91.7M from $41.1M as of 30 June 2024.

• Cash and cash equivalents at period end were $17.6M, up from $3.7M at 30 June 2024.

• Earnings per share (basic) was 0.75 cents, down from 1.01 cents year-over-year.

Outlook and guidance

• Focus remains on pursuing new contract opportunities in water and infrastructure services across Australia.

• Recent acquisitions expected to diversify revenue streams and reduce reliance on Western Australia and the resources sector.