Veris Ltd
Veris Limited provides surveying and spatial data services primarily in Australia. The company offers an end-to-end spatial data solution, which includes data collection, analysis, interpretation, data hosting and access, modelling, and sharing and insights for clients. It also provides engineering and property survey, mapping, digital solutions, reality capture, and health check services. It ser… Read more
Veris Ltd (VRS) - Net Assets
Latest net assets as of June 2025: AU$26.13 Million AUD
Based on the latest financial reports, Veris Ltd (VRS) has net assets worth AU$26.13 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$68.68 Million) and total liabilities (AU$42.55 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$26.13 Million |
| % of Total Assets | 38.05% |
| Annual Growth Rate | 5.21% |
| 5-Year Change | 247.83% |
| 10-Year Change | -50.98% |
| Growth Volatility | 135.02 |
Veris Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Veris Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Veris Ltd (2008–2025)
The table below shows the annual net assets of Veris Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$26.13 Million | +13.43% |
| 2024-06-30 | AU$23.04 Million | -20.08% |
| 2023-06-30 | AU$28.82 Million | +0.82% |
| 2022-06-30 | AU$28.59 Million | +280.55% |
| 2021-06-30 | AU$7.51 Million | +498.09% |
| 2020-06-30 | AU$1.26 Million | -95.36% |
| 2019-06-30 | AU$27.09 Million | -60.27% |
| 2018-06-30 | AU$68.20 Million | +1.89% |
| 2017-06-30 | AU$66.94 Million | +25.59% |
| 2016-06-30 | AU$53.30 Million | +66.13% |
| 2015-06-30 | AU$32.08 Million | +16.65% |
| 2014-06-30 | AU$27.50 Million | +24.97% |
| 2013-06-30 | AU$22.01 Million | +71.46% |
| 2012-06-30 | AU$12.84 Million | +11.71% |
| 2011-06-30 | AU$11.49 Million | +3.76% |
| 2010-06-30 | AU$11.07 Million | -8.06% |
| 2009-06-30 | AU$12.04 Million | +9.23% |
| 2008-06-30 | AU$11.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veris Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 17596.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$50.71 Million | 194.08% |
| Other Comprehensive Income | AU$3.76 Million | 14.40% |
| Total Equity | AU$26.13 Million | 100.00% |
Veris Ltd Competitors by Market Cap
The table below lists competitors of Veris Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lewis & Clark Bancorp
PINK:LWCL
|
$7.51 Million |
|
Axolot Solutions Holding AB
ST:AXOLOT
|
$7.52 Million |
|
Athira Pharma Inc
NASDAQ:ATHA
|
$7.52 Million |
|
Iex Group NV
AS:IEX
|
$7.52 Million |
|
Trailbreaker Resources Ltd
OTCQB:APRAF
|
$7.51 Million |
|
CalciMedica, Inc. Common Stock
NASDAQ:CALC
|
$7.50 Million |
|
Maris Tech Ltd
NASDAQ:MTEK
|
$7.50 Million |
|
Waskita Beton Precast Tbk PT
JK:WSBP
|
$7.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veris Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,035,000 to 26,129,000, a change of 3,094,000 (13.4%).
- Net income of 1,953,000 contributed positively to equity growth.
- Share repurchases of 200,000 reduced equity.
- Other comprehensive income increased equity by 841,000.
- Other factors increased equity by 500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.95 Million | +7.47% |
| Share Repurchases | AU$200.00K | -0.77% |
| Other Comprehensive Income | AU$841.00K | +3.22% |
| Other Changes | AU$500.00K | +1.91% |
| Total Change | AU$- | 13.43% |
Book Value vs Market Value Analysis
This analysis compares Veris Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.11x to 1.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.55 | AU$0.06 | x |
| 2009-06-30 | AU$0.34 | AU$0.06 | x |
| 2010-06-30 | AU$0.32 | AU$0.06 | x |
| 2011-06-30 | AU$0.31 | AU$0.06 | x |
| 2012-06-30 | AU$0.08 | AU$0.06 | x |
| 2013-06-30 | AU$0.11 | AU$0.06 | x |
| 2014-06-30 | AU$0.14 | AU$0.06 | x |
| 2015-06-30 | AU$0.13 | AU$0.06 | x |
| 2016-06-30 | AU$0.20 | AU$0.06 | x |
| 2017-06-30 | AU$0.22 | AU$0.06 | x |
| 2018-06-30 | AU$0.21 | AU$0.06 | x |
| 2019-06-30 | AU$0.08 | AU$0.06 | x |
| 2020-06-30 | AU$0.00 | AU$0.06 | x |
| 2021-06-30 | AU$0.02 | AU$0.06 | x |
| 2022-06-30 | AU$0.05 | AU$0.06 | x |
| 2023-06-30 | AU$0.06 | AU$0.06 | x |
| 2024-06-30 | AU$0.04 | AU$0.06 | x |
| 2025-06-30 | AU$0.05 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veris Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.01%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 2.63x
- Recent ROE (7.47%) is above the historical average (-107.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.11% | 7.49% | 0.78x | 1.21x | AU$-318.70K |
| 2009 | 12.04% | 11.24% | 0.97x | 1.11x | AU$245.50K |
| 2010 | -15.41% | -13.32% | 0.68x | 1.71x | AU$-2.81 Million |
| 2011 | 0.89% | 0.30% | 1.65x | 1.77x | AU$-1.05 Million |
| 2012 | 43.12% | 3.64% | 2.73x | 4.35x | AU$4.25 Million |
| 2013 | 20.78% | 4.01% | 2.03x | 2.55x | AU$2.37 Million |
| 2014 | 19.85% | 4.83% | 2.24x | 1.84x | AU$2.71 Million |
| 2015 | -27.39% | -12.76% | 1.01x | 2.13x | AU$-11.99 Million |
| 2016 | 36.96% | 16.30% | 1.46x | 1.55x | AU$14.37 Million |
| 2017 | -2.14% | -1.95% | 0.77x | 1.43x | AU$-8.12 Million |
| 2018 | -1.55% | -0.99% | 0.83x | 1.89x | AU$-7.88 Million |
| 2019 | -150.01% | -37.79% | 1.30x | 3.05x | AU$-43.35 Million |
| 2020 | -1847.93% | -24.66% | 1.64x | 45.59x | AU$-23.34 Million |
| 2021 | -18.37% | -1.78% | 1.23x | 8.36x | AU$-2.13 Million |
| 2022 | -6.02% | -1.86% | 1.27x | 2.55x | AU$-4.58 Million |
| 2023 | 3.09% | 0.88% | 1.45x | 2.41x | AU$-1.99 Million |
| 2024 | -20.36% | -5.07% | 1.48x | 2.71x | AU$-6.99 Million |
| 2025 | 7.47% | 2.01% | 1.42x | 2.63x | AU$-659.90K |
Industry Comparison
This section compares Veris Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $101,167,352
- Average return on equity (ROE) among peers: -8.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veris Ltd (VRS) | AU$26.13 Million | 7.11% | 1.63x | $7.51 Million |
| Acrow Ltd (ACF) | $118.59 Million | -12.70% | 0.71x | $131.47 Million |
| BSA Ltd (BSA) | $23.06 Million | 0.16% | 1.12x | $6.98 Million |
| Bwe Drilling Ltd (BWE) | $47.42 Million | 4.19% | 1.23x | $24.32 Million |
| Cardno Ltd (CDD) | $4.30 Million | 0.00% | 2.62x | $1.40 Million |
| Civmec Ltd (CVL) | $488.22 Million | 13.18% | 0.86x | $287.26 Million |
| Dynamic Group Holdings Ltd (DDB) | $36.63 Million | 5.59% | 1.19x | $24.32 Million |
| DRA Global Ltd (DRA) | $250.88 Million | 9.78% | 0.67x | $18.52 Million |
| Duratec Ltd (DUR) | $30.96 Million | 25.07% | 3.45x | $179.46 Million |
| EVZ Ltd (EVZ) | $8.26 Million | -126.18% | 3.86x | $13.41 Million |
| Fleetwood Ltd (FWD) | $3.36 Million | 0.00% | 3.66x | $85.72 Million |