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Veris Reverses Loss to Profit, Boosts Digital Spatial Services Revenue to $97M
11:05pm on Friday 29th of August, 2025 AEST
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Technology
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Veris Reverses Loss to Profit, Boosts Digital Spatial Services Revenue to $97M
11:05pm on Friday 29th of August, 2025 AEST
Key Points
FY25 revenue rises to $97.2 million, up from $92.6 million in FY24
Profit before tax turns positive at $2.0 million, reversing prior $4.4 million loss
Gross margin expands to 36.5%, reflecting higher-value projects
Strategic acquisition of Spatial Vision enhances digital advisory capabilities
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