Vysarn (VYS) H2 2025 earnings summary

Executive summary

• Revenue from operations for FY2025 was $106.55 million, up 40% year-over-year, driven by acquisitions and organic growth.

• EBITDA rose 31% to $21.33 million, and NPAT increased 34% to $10.69 million compared to FY2024.

• Acquisitions of CMP and WWS diversified the business geographically and by service, contributing significantly to earnings.

• The company continued to expand its vertically integrated water services, with strong performance in advisory, industrial, and technology divisions.

Financial highlights

• Operational cashflow reached $17.16 million, a 68% increase year-over-year.

• Net tangible assets stood at $53.60 million, with net cash of $12.01 million as of June 30, 2025.

• NPBT included $0.43 million in one-off acquisition costs and $0.56 million in non-cash performance rights expenses.

• Cash and cash equivalents totaled $12.96 million at year-end.

Outlook and guidance

• Management anticipates continued strong demand in the industrial division and further organic growth in FY2026.

• The company is targeting expansion in advisory services and new markets, including municipal and regional sectors.

• Ongoing integration and optimization of CMP and WWS are expected to drive further earnings growth.

• The company remains acquisitive, with identified targets for further scale and diversification.