VERIS LIMITED — Annual Report 2021

Aug 29, 2021

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ASX RELEASE - VRS
Veris Limited
ABN 80 122 958 178
Preliminary Final Report - Appendix 4E
YEAR ENDED 30 JUNE 2021
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Monday, 30 August 2021

Results for announcement to the market

The current reporting period is the financial year ended 30 June 2021. The previous corresponding period is the financial year ended 30 June 2020.

Veris Limited	Year ended	Year ended	Change %
	30 June 2021	30 June 2020
	$000	$000
Veris Australia segment revenue	77,443	74,807	4%
Aqura Technologies segment revenue	22,118	19,298	15%
Group Revenue from ordinary activities	99,561	94,105	6%
Underlying EBITDA from continuing	8,969	1,860	382%
operations1
Loss from continuing operations after	(1,380)	(23,210)	94%
tax
Statutory Loss for the period	(1,380)	(26,493)	95%
attributable to shareholders
Loss per share (basic)	(0.33) cents	(7.02) cents	95%

1 Underlying EBITDA is defined as earnings before interest, tax, depreciation, amortisation, impairment, restructuring, sharebased payments and acquisition costs and is an unaudited non-IFRS measure. The % increase from the prior period is the increase in EBITDA from continuing operations.

Commentary on the results for the year can be found in the Operating and Financial Review in the Directors’ Report section of the accompanying Annual Financial Report on pages 7 to 13.

NTA Backing 30 June 2021 30 June 2020 Net tangible asset backing per $0.013 / share $0.003 / share ordinary security

Corporate

Level 12, 3 Hasler Road T 08 9317 0600 Veris Australia Pty Ltd Aqura Technologies Pty Ltd Osborne Park veris.com.au ABN 53 615 735 727 ABN 34 128 703 248 WA 6017 aqura.com.au

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Preliminary Final Report - Appendix 4E
YEAR ENDED 30 JUNE 2021
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Dividends declared

No dividend was declared during the period.

Audit of the financial report

This report is based on accounts that have been audited.

Other Disclosure Requirements

The Appendix 4E shall be read in conjunction with the Directors’ Report and the Consolidated Financial Statements for the year ended 30 June 2021 as follows:

Requirement	Title	Reference
Statement of Comprehensive Income	Consolidated Statement of Profit or Loss and Other	Page 31
	Comprehensive Income
	Notes to the Financial Statements	Pages 35 to 71
Statement of Financial Position	Consolidated Statement of Financial Position	Pages 32
Statement of Cash Flows	Consolidated Statement of Cash Flow	Page 34
Statement of Changes in Equity	Consolidated Statement of Changes in Equity	Page 33

Control gained over entities having material effect

No control over any material entities was gained during the year ended 30 June 2021.

Loss of control over entities having material effect

No control over any material entities was lost during the year ended 30 June 2021.

Material interests in entities which are not controlled entities

Not applicable

Annual General Meeting

The Company’s Annual General Meeting (AGM) will be held on 20 October 2021. Further details regarding the AGM will be made available in due course.

About Veris Ltd

Veris Limited is the Group’s holding company that is listed on the ASX under the code VRS.

Veris Australia is Australia’s leading provider of spatial data services across the infrastructure, property, resources, defence, utilities and government sectors. Veris Australia provides an end-to-end spatial data solution for its clients that not only includes data collection, analysis, interpretation but also data hosting and access, modelling, sharing and insights for clients with largescale data requirements.

Aqura Technologies is a specialist in the delivery of high-performance technology solutions across industrial wireless, enterprise communications and next-generation IoT which are critical for organisations with the adoption of digital transformation. Aqura is known for innovation, whether it is our technology approaches such as Private 4G and 5G LTE networks and or our commercial approaches which now offer in-house developed technology solutions via flexible As-A-Service models. Aqura’s markets include resources, oil & gas, industrial, commercial and defence sectors.

Authorised for release by the Board of Veris Limited.

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Preliminary Final Report - Appendix 4E
YEAR ENDED 30 JUNE 2021
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Authorised for release by the Board of Veris Limited.

For further information please contact

Corporate Office Veris Limited Tel (08) 9317 0628

Authorised for release by the Board of Veris Limited.

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