Vysarn targets significant growth, strong performance in FY26

Vysarn Limited announced robust financial results for FY25 and set optimistic targets for FY26, detailed in its latest AGM presentation. For FY25, the company achieved an EBITDA of $21.4m, a 31% increase from FY24, and a record NPBT of $15.0m, up 36% from FY24. Operational revenue reached $106.5m, marking a 40% rise from FY24. Vysarn has a strong balance sheet and access to debt facilities to support its growth initiatives.

Looking ahead to FY26, Vysarn is targeting an NPBT of $20.0m, representing a 33% increase over FY25. This growth is expected to be organically driven across all operating segments. Key initiatives include establishing a national footprint, assessing accretive acquisitions, and progressing the KWS Pilbara water supply initiative. Year-to-date (July 1 to October 31, 2025), the company has already reported an NPBT of $6.6m from unaudited management accounts.

Segment-wise, the Industrial division anticipates strong earnings momentum and increased client diversification in FY26, with an expanded fleet and focus on aquifer testing. The Technology segment expects a significant second-half skew in earnings, driven by new tier-1 MAR and wastewater clients and the launch of a unique water abstraction unit. The Advisory division is delivering earnings in line with expectations, expanding its national footprint, and progressing critical hydrogeological assessments. The Asset Management segment is focused on lodging the H3 assessment for a 5C licence and securing water off-take and infrastructure funding.