Veris Limited
AASX:VRS0.04
AUD
+0.00
(-2.22%)
ISIN
AU000000VRS5
Return %
Stock
S&P 500
1Y
-42.11
14.20
3Y
-38.89
81.12
5Y
-33.33
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Michael Shirley
- Full Time Employees
- 450
- Sector
- Technology services
- Industry
- Data processing services
- Address
- 41 Bishop Street Jolimont WA Australia 6014
- IPO Date
- May 8, 2008
- Website
- veris.com.au
- Similar Companies
- Business
- Veris Limited is an Australian integrated digital and spatial data advisory and consulting firm specializing in Property and Engineering Surveying, Digital Solutions, Digital Advisory, and spatial data services. The company offers a comprehensive range of services including geographic information system (GIS) consulting, engineering surveying, property surveying, digital asset management, and spatial data analytics, serving critical sectors such as infrastructure, property and buildings, energy and resources, utilities, natural environment, climate change, government, and defense. Founded in 1969 and headquartered in Perth, Western Australia, Veris operates through 15 office locations nationwide with over 500 employees, combining national scale with local expertise. Recently, Veris has executed a strategic transformation focusing on high-margin geospatial solutions, moving away from low-margin legacy contracts, which has resulted in revenue growth and margin expansion. Key developments in the last two years include the acquisition of Mesh and investment in Parsel, an ongoing equity buyback program, and a strengthened corporate governance framework aligned with ASX standards. The company is leveraging partnerships with government and enterprise clients to expand its footprint in defense and infrastructure sectors while enhancing operational efficiency and shareholder returns through dividend payouts and cost optimization. Veris maintains a robust balance sheet with strong cash reserves and actively pursues value-accretive opportunities to extend its spatial data capabilities and digital service offerings across Australia.