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Why Did Veris’s Profit Fall Despite a 9% Revenue Boost?

8:24am on Tuesday 24th of February, 2026 AEDT Technology
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Why Did Veris’s Profit Fall Despite a 9% Revenue Boost?

8:24am on Tuesday 24th of February, 2026 AEDT
Key Points
  • Revenue increased 9% to $50.8 million
  • EBIT fell 13%, profit after tax down 24%
  • Acquisition of Mesh Livable Urban Communities Pty Ltd
  • Declared fully franked dividend of 0.2 cents per share
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