Vysarn (VYS) Investor presentation summary

Business overview and strategy

• Provides integrated, end-to-end water solutions across management, engineering, and environmental planning, serving multiple industries and regions with a focus on sustainability and innovation.

• Employs over 360 professionals and has a market capitalization of $488 million as of July 2026.

• Operates through four main segments: Industrial, Advisory, Technology, and Asset Management, with a national footprint and diversified client base including Tier 1 miners, water authorities, and urban developers.

FY26 financial performance

• Achieved record operational revenue of $140.1m (+31.5% YoY), EBITDA of $28.9m (+35.3%), and NPBT of $20.9m (+38.7%).

• Delivered over 30% growth across key financial metrics, with significant investment in people, equipment, and systems to support future growth.

• Maintained a strong balance sheet with $65.4m in net tangible assets and $12.1m in cash, while increasing debt to $5.0m to fund expansion.

Segment performance

• Industrial: Revenue $73.9m (+22.2%), EBITDA $17.8m (+36.6%), NPBT $11.5m (+47.4%), driven by strong Tier 1 client demand and fleet expansion.

• Advisory: Revenue $33.0m (+65.0%), EBITDA $6.0m (+43.4%), NPBT $5.5m (+42.7%), reflecting national expansion and increased tender activity.

• Technology: Revenue $33.1m (+27.5%), EBITDA $7.5m, NPBT $6.7m, with resilience in earnings and strong project pipeline in wastewater and aquifer recharge.

• Asset Management: Advanced regulatory milestones for the Kariyarra Water Scheme, targeting a 5C license and infrastructure funding in FY27.