Slide 1: FY25 Full Year Results - Coffee Microcaps Presentation
For personal use only FY25 Full Year Results Coffee Microcaps Presentation Michael Shirley Managing Director & CEO Steve Harding CFO Veris Limited - ASX:VRS A fully integrated digital and spatial data advisory and consulting firm
Slide 2: Our vision for a Digital Future
For personal use only Our vision for a Digital Future v Empowering Leading in Harnessing the Pioneering digital Unlocking digital industries with Digital Advisory power of spatial transformation for innovation and cutting-edge & Consulting data, Digital Twins our clients sustainability digital solut
Slide 3: Veris: A fully integrated digital and spatial data advisory and consulting firm
Veris (ASX:VRS): A fully integrated digital and spatial data advisory and consulting firm Company Profile Our Services Our Values For personal use only 450+ 14 Offices SPATIAL INSIGHTS & SOLUTIONS People across Australia ENGINEERING SURVEY Industry Sectors Transport Utilities Government PROPERTY SUR
Slide 4: Unlocking Exceptional Value in a $1B+ market
For personal use only Unlocking Exceptional Value in a $1B + market Significant Market Our value Better Clients, Opportunity proposition Higher Value ▪ Current revenue: circa $100M ▪ Veris enables clients to capture, ▪ Focused on premium client ▪ Serviceable Addressable Market manage, and analyse co
Slide 5: Transform: Executing our Strategy
Transform: Executing our Strategy We’re transforming into a uniquely-positioned professional services firm that is: For personal use only Digitally Anchored in Value-driven Diversifying differentiated spatial data Shifting from revenue Leveraging cutting- Building on our deep commoditised pricing Ex
Slide 6: FY25 Results Summary
FY25 Results Summary A significant turnaround in profitability and key financial metrics, backed by a strong cash position and order book. For personal use only Revenue Profit before tax Gross Profit Margin Digital & Spatial share of revenue $97.2m $2.0m 36.5% 25% up from $92.6m up from loss of up f
Slide 7: Transform: FY25 Strategy Highlights
Transform: FY25 Strategy Highlights Summary of key milestones, transformation outcomes, and progress against strategic priorities: For personal use only Spatial Vision Acquisition and Building a Strategic M&A Pipeline Successful acquisition and integration of Spatial Vision to accelerate digital adv
Slide 8: Transform: FY25 Strategy Highlights (cont)
For personal use only Transform: FY25 Strategy Highlights (cont) Strategic Pursuit of Higher-Value Projects Disciplined pursuit of new work shifted toward larger, higher margin strategic engagements, resulting in a 50% uplift in the value of new projects won in FY25. Investing in Talent and Employee
Slide 9: FY25 Financial Update
For personal use only FY25 Financial Update
Slide 10: Execution of Strategic Transformation Driving Profitability
Execution of Strategic Transformation Driving Profitability Veris P&L $M Highlights FY21 FY22 FY23 FY24 FY25 ✓ 5% revenue growth yoy. For personal use only Revenue 77.4 92.4 100.9 92.6 97.2 ✓ Gross profit margin expansion continuing Gross Profit Margin % 28.9% 30.4% 31.4% 32.6% 36.5% ‒ Larger client
Slide 11: High Value Projects. Stronger Margins. Strategic Investment
High Value Projects. Stronger Margins. Strategic Investment Revenue & Gross Profit Margin % 110 38.0% 36.5% 100 36.0% Highlights ✓ Larger clients, larger projects, less volume of projects Gross Profit Margin % 90 For personal use only 34.0% Revenue ($m) 80 delivering gross profit margin % expansion
Slide 12: Strong Cash Position Underpinning Strategic Growth
Strong Cash Position Underpinning Strategic Growth Improving Operating Cash Flow Conversion Cash Flow Conversion 110 10.0% 100 ▪ Improving cash flow from operations reflecting: Operating Cash Flow ratio % 9.0% 90 – Higher project margin delivery For personal use only 80 8.0% Revenue ($m) 70 60 7.0%
Slide 13: Pipeline & Outlook
For personal use only Pipeline & Outlook
Slide 14: Pipeline
Pipeline A growing pipeline and secured forward workload exceeding $65M. The secured forward workload has increased to over $65 million, providing a strong For personal use only foundation of committed work to be delivered over the medium to long term. Secured workload has been strengthened by signi
Slide 15: Outlook
Outlook Veris has a leading client base aligned to diverse industry sectors with a strong growth outlook. For personal use only Property & Energy & Transport Government Utilities Defence Buildings Resources SAM* $220M $150M $280M $110M $100M $210M CAGR^ 9.5 - 11% 8 – 9.5% 7.5 – 8.5% 10 – 12% 14 – 16
Slide 16: In summary
In summary Cash Strength For personal use only Strong Turnaround Returned to profitability with $2.0M profit Robust cash balance of $16.6M. Positioned before tax, reversing FY24’s $4.4M statutory to support future initiatives and capital loss, whilst still investing in strategy. management flexibili
Slide 17: Thank you
For personal use only Thank you A fully integrated digital and spatial data advisory and consulting firm. Investor Presentation August 2025 For more information, please contact: Steve Harding CFO (08) 6241 3333 communications@veris.com.au veris.com.au Connect with us on LinkedIn