VRS 2.08% 4.7¢ veris limited

Ann: Preliminary Final Report, page-4

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    lightbulb Created with Sketch. 1669
    Good analyses you guys. This is going to track much higher over the next 12 months. Revenue is tracking at $125 million, hence the improved revenue to $107 mil. EBITDA of $11 million is excellent given the integration of acquisitions is largely completed with most strategies of the integration plan now fully implemented. The targeted EBITDA of 15-17% will translate to an EBITDA of over $20 million next year, and a net of around $10 million. Add this to the 'one stop shop' from surveying to planning with the integration of Elton Consulting, and I'm picking revenue to exceed $130 million next year, and that is on the cards, given the current tracking at $125 mil.
    Share price should have risen, because the company is now in a strong position.
 
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