Vysarn (VYS) H1 2026 earnings summary

Executive summary

• Achieved profit after tax of $7.25M for the half year ended 31 December 2025, up from $3.56M year-over-year.

• Revenue from operations rose to $66.81M, a 63% increase compared to the same period last year.

• Positive operating cash flow of $9.48M, though down from $14.81M in the prior year.

• Completed acquisitions of CMP Consulting Group and Waste Water Services, expanding water infrastructure and services capabilities.

Financial highlights

• Revenue: $66.81M (up from $41.02M year-over-year).

• Net profit after tax: $7.25M (up from $3.56M year-over-year).

• Gross profit: $22.14M (up from $14.13M year-over-year).

• Basic EPS: 1.37 cents (up from 0.75 cents year-over-year).

• Cash and cash equivalents: $13.77M as of 31 December 2025.

• Net assets: $107.71M (up from $99.37M at 30 June 2025).

Outlook and guidance

• Management reassessed likelihood of achieving future earn-out targets for CMP acquisition, with updated probabilities for Year 2 (10%) and Year 3 (60%).