Company reported profit of A$3.8 million for FY2025, up from A$2.0 million the previous year
SYDNE: Engineering services firm Verbrec Ltd. (ASX: VBC) has posted its strongest financial performance in over a decade, reporting a comprehensive profit of A$3.8 million for FY2025, up from A$2.0 million the previous year. The company also reinstated its dividend program for the first time since 2013, declaring a final dividend of 0.1 cents per share, fully franked.
Gross margins rose to 37.3%, the highest since 2015, while adjusted EBITDA margin reached 10.3%, marking a multi-year high. Verbrec’s net cash position improved to A$2.3 million, supported by increased cash reserves of A$7.1 million and reduced debt levels.
CEO Mark Read said the results reflect the company’s disciplined execution and strategic focus on sustainable infrastructure, energy transition, and mining services. “We’ve built strong foundations for profitable growth and are delivering full lifecycle asset solutions to our Relationship Clients,” Read said.
Verbrec’s work-in-hand rose to A$44 million, and the company continues to expand its footprint through strategic acquisitions and partnerships, including its role in Australia’s largest battery energy storage project and biogas infrastructure in New Zealand.
Looking ahead, Verbrec aims to grow revenues in FY2026 by deepening its presence in sustainable focus areas such as electrification, renewable gas, and water security.