News: VRS Veris Ltd Says Q2 Underlying EBITDA Of $2.52 Mln, page-2

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    The two quarters have EBITDAs roughly similar around the $2.5 million mark. First quarter net was just over $1 million. So when the half comes out towards the end of this month I'll be interested in seeing if we sustained a similar net profit in Q2, and if we have our margins at the targeted 16-17%.
    Tracking at $100 million revenue in this type of industry requires a net profit in the range of $5-10 million. There's no other way for shareholders to benefit through dividends until that level of net profitability is achieved.
 
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