VERIS LIMITED — Earnings Release 2024

Aug 25, 2024

ASX RELEASE - VRS

Veris Limited

ABN 80 122 958 178

Preliminary Final Report - Appendix 4E

YEAR ENDED 30 JUNE 2024

Monday, 26 August 2024

Results for announcement to the market

The current reporting period is the financial year ended 30 June 2024. The previous corresponding period is the financial year ended 30 June 2023.

Veris Limited	Year ended	Year ended	Change %
	30 June 2024	30 June 2023
	$000	$000
Veris Australia segment revenue	92,592	100,861	(8%)
Group revenue from ordinary activities	92,592	100,861	(8%)
Adjusted EBITDA from continuing	6,756	10,176	(34%)
operations1
Profit / (loss) from continuing	(4,435)	1,071	(514%)
operations before tax
Profit / (loss) from continuing	(4,690)	1,071	(538%)
operations after tax
Statutory profit for the period	(4,690)	892	(626%)
attributable to shareholders
Earnings / (loss) cents per share (basic)	(0.91)	0.17	(635%)

1 Adjusted EBITDA is defined as earnings before interest, tax, depreciation, amortisation, impairment, restructuring, sharebased payments and acquisition costs and is an unaudited non-IFRS measure.

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 Report on pages 25 to 48.

NTA Backing 30 June 2024 30 June 2023 Net tangible asset backing per $0.045 / share $0.056 / share ordinary security

Corporate 41 Bishop Street Jolimont WA 6014

T 08 6241 3333 Veris Limited veris.com.au ABN 80 122 958 178

Veris Australia Pty Ltd ABN 53 615 735 727

Preliminary Final Report - Appendix 4E YEAR ENDED 30 JUNE 2024

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 2024 as follows:

Requirement	Title	Reference
Statement of Comprehensive Income	Consolidated Statement of Profit or Loss and Other	Page 49
	Comprehensive Income
Statement of Financial Position	Consolidated Statement of Financial Position	Page 50
Statement of Changes in Equity	Consolidated Statement of Changes in Equity	Page 51
Statement of Cash Flows	Consolidated Statement of Cash Flow	Page 52
Notes to the Financial Statements		Pages 53 to 85

Control gained over entities having material effect

No control over any material entities was gained during the year ended 30 June 2024.

Loss of control over entities having material effect

No control over any material entities was lost during the year ended 30 June 2024.

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 15 October 2024. Further details regarding the AGM will be made available in due course.

About Veris Limited

Veris Limited is the holding company listed on the ASX under the code VRS. Veris Australia Pty Ltd (“Veris Australia”) is the operating subsidiary of the Company.

Veris Australia is a fully integrated digital and spatial data advisory and consulting firm. It provides end-to-end spatial data and digital solutions to tier-1 clients in key industry sectors including Transport, Buildings & Property, Energy & Resources, Defence, Utilities and Government. The company has a national footprint, with a diverse geographic spread of offices, servicing major metropolitan and regional centres across Australia.

The Veris end-to-end service offering unlocks the digital transformation needs of industry, spanning spatial data collection, hosting, sharing, analytics, insights and modelling for clients with large scale data requirements, through to survey, planning, consulting and advisory services.

Authorised for release by the Board of Veris Limited.

For further information please contact

Corporate Office Veris Limited Tel (08) 6241 3333

Authorised for release by the Board of Veris Limited.

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