Vysarn (VYS) H2 2025 earnings summary

Executive summary

• Achieved record revenue of $106.5M, up 40% year-over-year, and net profit after tax of $10.7M, a 34% increase from prior year.

• Completed strategic acquisitions of Waste Water Services Pty Ltd and CMP Consulting Group Pty Ltd, expanding national presence and service offerings.

• Significant investment in executive management and business systems to support integration and growth.

• No dividends declared or paid for the year.

Financial highlights

• Revenue from operations: $106.5M (2024: $75.9M), net profit after tax: $10.7M (2024: $8.0M).

• Gross profit: $36.8M (2024: $27.0M); basic EPS: 2.13 cents (2024: 1.95 cents).

• Cash flow from operating activities: $17.2M (2024: $10.2M); cash and cash equivalents: $13.0M (2024: $3.7M).

• Net assets: $99.4M (2024: $41.1M); total assets: $138.7M (2024: $65.7M).

• Share capital increased to $61.7M following capital raising and share issues for acquisitions.

Outlook and guidance

• Focus remains on national expansion and integration of recent acquisitions.

• Continued pursuit of new contract opportunities in hydrogeological drilling, test pumping, reinjection, and water consultancy.

• Anticipates ongoing growth opportunities in water infrastructure and services across Australia.