The Vysarn Ltd (ASX: VYS) share price is in focus after the company reported strong growth in its FY2026 results, with group revenue up 31% to $140.06 million and net profit after tax rising 41% to $15.11 million.
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What did Vysarn Limited report?
- Revenue from operations: $140.06 million, up 31% year on year
- EBITDA: $28.91 million, up 36% on last year
- Net profit before tax (NPBT): $20.90 million, up 39%
- Net profit after tax (NPAT): $15.11 million, up 41%
- Net tangible assets: $65.99 million
- Operational cashflow: $14.92 million
What else do investors need to know?
Vysarn achieved its growth through the full-year contribution from all subsidiaries, including its consultancy, drilling, wastewater treatment, and managed aquifer recharge businesses. The company highlighted the successful integration of recent acquisitions and growing diversification beyond Western Australia's resources sector.
During the year, Vysarn progressed two significant deals: the proposed acquisitions of NewGround (NWG Enterprises) and Welltech (Technology International Group). These deals, funded by a $65.3 million capital raise, will extend Vysarn's reach into water infrastructure, urban development and national water services. The company also advanced the Kariyarra Water Scheme joint venture, aiming to supply bulk water in the Pilbara region.
What's next for Vysarn Limited?
For FY2027, Vysarn will focus on completing and integrating the NewGround and Welltech acquisitions. Management also expects to pursue organic growth in its established industrial, advisory, and technology segments, including capitalising on east coast opportunities and new markets.
The company is set to invest in its senior management and capabilities to manage increasing scale and complexity. With a strong balance sheet and pipeline of projects, Vysarn aims to continue building a national, diversified water services group, positioning for further growth in the coming years.
Vysarn Limited share price snapshot
Over the past 12 months, Vysarn shares have risen 100%, significantly outperforming the All Ordinaries Index (ASX: XAO).
