Vysarn (VYS) H2 2026 earnings summary

Executive summary

• Revenue from operations for FY2026 reached $140.06 million, up 31% year-over-year, reflecting full-year contributions from all subsidiaries.

• EBITDA grew 36% to $28.91 million, and NPAT increased 41% to $15.11 million compared to FY2025.

• Strategic acquisitions of NewGround and Welltech announced, expanding into water infrastructure, irrigation, and sewerage management.

• Capital raise of $65.3 million completed to fund acquisitions and ongoing projects.

Financial highlights

• Operational cashflow was $14.92 million, impacted by increased tax payments and late project invoicing.

• Net tangible assets stood at $65.99 million, with cash and equivalents at $12.96 million as of June 30, 2026.

• Non-cash items included $2.16 million in performance rights expenses and a $3.02 million fair value gain on contingent consideration.

Outlook and guidance

• Anticipates future organic growth from sectors and regions beyond WA resources, leveraging new acquisitions.

• Combined earnings from NewGround and Welltech expected to be highly accretive, supporting continued year-on-year earnings growth.

• Focus in FY2027 on integrating acquisitions and driving organic growth across all segments.