An update from Veris Limited ( (AU:VRS) ) is now available.
Veris Limited announced strong financial results for H1 FY25, reporting a significant rebound in profitability with a 212% increase in profit before tax compared to the prior year. Despite a slight decline in revenue, the company successfully executed its strategic initiatives by prioritizing high-value projects and expanding its digital and spatial data consulting services, enhancing its market position. The acquisition of Spatial Vision is expected to bolster Veris’ capabilities and open new growth opportunities, particularly in digital solutions and GIS services, supporting the company’s transformation strategy and future financial performance.
More about Veris Limited
Veris Limited is a leading digital and spatial data advisory and consulting firm. The company specializes in providing innovative digital solutions and consulting services, focusing on high-value contracts and strategic digital transformation initiatives.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €14.54M
Learn more about VRS stock on TipRanks’ Stock Analysis page.