Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.06, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 685% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$1.02 per share. Price Target Changed • Jun 10
Price target increased by 17% to AU$1.09 Up from AU$0.93, the current price target is an average from 2 analysts. New target price is 12% above last closing price of AU$0.96. Stock is up 122% over the past year. The company is forecast to post earnings per share of AU$0.027 for next year compared to AU$0.021 last year. Reported Earnings • Feb 25
First half 2026 earnings released: EPS: AU$0.014 (vs AU$0.008 in 1H 2025) First half 2026 results: EPS: AU$0.014 (up from AU$0.008 in 1H 2025). Revenue: AU$66.8m (up 63% from 1H 2025). Net income: AU$7.25m (up 103% from 1H 2025). Profit margin: 11% (up from 8.7% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 24
Price target increased by 19% to AU$0.82 Up from AU$0.69, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.83. Stock is up 105% over the past year. The company is forecast to post earnings per share of AU$0.027 for next year compared to AU$0.021 last year. Buy Or Sell Opportunity • Feb 05
Now 20% undervalued Over the last 90 days, the stock has risen 12% to AU$0.70. The fair value is estimated to be AU$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Buy Or Sell Opportunity • Jan 05
Now 21% undervalued Over the last 90 days, the stock has risen 19% to AU$0.70. The fair value is estimated to be AU$0.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Price Target Changed • Nov 28
Price target increased by 12% to AU$0.69 Up from AU$0.61, the current price target is an average from 2 analysts. New target price is 9.5% above last closing price of AU$0.63. Stock is up 42% over the past year. The company is forecast to post earnings per share of AU$0.028 for next year compared to AU$0.021 last year. Tillkännagivande • Oct 28
Vysarn Limited, Annual General Meeting, Nov 27, 2025 Vysarn Limited, Annual General Meeting, Nov 27, 2025. Location: wardroom, south of perth yacht club, canning beach road, applecross, western australia, 6005, Australia Buy Or Sell Opportunity • Oct 13
Now 21% undervalued Over the last 90 days, the stock has risen 3.5% to AU$0.59. The fair value is estimated to be AU$0.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 45%. Price Target Changed • Aug 25
Price target increased by 10% to AU$0.64 Up from AU$0.58, the current price target is an average from 2 analysts. New target price is 21% above last closing price of AU$0.53. Stock is up 45% over the past year. The company is forecast to post earnings per share of AU$0.028 for next year compared to AU$0.021 last year. Reported Earnings • Aug 22
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: AU$0.021 (up from AU$0.02 in FY 2024). Revenue: AU$106.5m (up 40% from FY 2024). Net income: AU$10.7m (up 34% from FY 2024). Profit margin: 10.0% (in line with FY 2024). Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jul 08
Now 20% undervalued Over the last 90 days, the stock has risen 42% to AU$0.52. The fair value is estimated to be AU$0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. Tillkännagivande • Feb 14
Vysarn Limited Announces Board Appointments Vysarn Limited announced the appointment of Mr. Steve Dropulich and Mr. Shane McSweeney to the Board of Directors of the Company with effect from 10 February 2025. Messrs Dropulich and McSweeney have been appointed to the Board as Executive Directors and will bring critical experience to assist in Vysarn's next phase of strategy development and execution, integration and executive oversight of recent transformational acquisitions, as well as operational responsibilities covering all Company industrial and advisory subsidiaries. Importantly, the appointments of Messrs Dropulich and McSweeney provides the Company with greater breadth in group executive experience and governance as Vysarn targets its next phase of long term sustainable growth. As previously advised, current Vysarn Executive Director Mr. Sheldon Burt will step back into the role of Non-Executive Director. Brief profiles of Mr. Dropulich and Mr. McSweeney are provided below: Mr. Steve Dropulich is a 30 year veteran of the Australian energy and infrastructure services sector having established and led market leading contracting companies in senior executive management roles across both public and private business. During his career Mr. Dropulich has developed extensive experience in financial and commercial management, establishment of high performing teams, strategy formation and execution, as well as driving operational excellence. Prior to joining Vysarn, Mr. Dropulich was a founding Director of an ASX listed energy and infrastructure services company, where he was the Managing Director for over 10 years until its acquisition by an international industrial services group in 2021. Following the acquisition, Mr. Dropulich held the role of Executive Director of Operations for the new owner's Australian region. Mr. Dropulich holds a Bachelor of Commerce in accounting and business law and is a member of both the Institute of Chartered Accountants and the Australian Institute of Company Directors. Mr. Dropulich is currently the Chief Operating Officer of the Company with a prime focus on leading the operations of Vysarn's industrial subsidiaries. Mr. Shane McSweeney is an accomplished executive leader, bringing with him extensive experience in advisory services, strategic management, operational excellence and corporate governance. Mr. McSweeney has a proven track record in advisory roles, leading teams, driving business growth and delivering value for clients and shareholders. Mr. McSweeney's career spans almost two decades in consultancy practices encompassing senior leadership roles in consultancy and advisory businesses focusing on water services across diverse industries. He has demonstrated a strong ability to deliver advisory services in the water sector, navigate complex environments, develop businesses and implement transformative strategies. His strength lies in fostering inclusive and high-performance cultures, and steering companies through periods of significant growth and change. Mr. McSweeney holds a Bachelor of Science in Environmental Science, a Master in Environmental Engineering and is a Graduate of the Australian Institute of Company Directors. Mr. McSweeney is currently the General Manager of Pentium Water and is a director of CMP Consulting Group. He has a prime focus on leading the operations of Vysarn's advisory subsidiaries. Tillkännagivande • Nov 21
Vysarn Limited (ASX:VYS) completed the acquisition of Waste Water Services Pty Ltd from Jerry Horgan for AUD 7.5 million. Vysarn Limited (ASX:VYS) entered into binding share sale agreement to acquire Waste Water Services Pty Ltd from Jerry Horgan for AUD 7.5 million on August 30, 2024. A cash consideration of AUD 7.5 million will be paid by Vysarn Limited. The transaction is subject to consummation of due diligence investigation and obtaining financing. The expected completion of the transaction is September 1, 2024.
Vysarn Limited (ASX:VYS) completed the acquisition of Waste Water Services Pty Ltd from Jerry Horgan on November 21, 2024. Tillkännagivande • Oct 16
Vysarn Limited, Annual General Meeting, Nov 21, 2024 Vysarn Limited, Annual General Meeting, Nov 21, 2024. Location: wardroom, south of perth yacht club, canning beach road, applecross, western australia, 6005, Australia Tillkännagivande • Sep 19
Vysarn Limited has completed a Follow-on Equity Offering in the amount of AUD 38.195586 million. Vysarn Limited has completed a Follow-on Equity Offering in the amount of AUD 38.195586 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 95,488,965
Price\Range: AUD 0.4
Discount Per Security: AUD 0.016
Transaction Features: Subsequent Direct Listing Tillkännagivande • Aug 30
Vysarn Limited (ASX:VYS) entered into binding Share Sale Agreement to acquire Waste Water Services Pty Ltd from Jerry Horgan for AUD 7.5 million. Vysarn Limited (ASX:VYS) entered into binding Share Sale Agreement to acquire Waste Water Services Pty Ltd from Jerry Horgan for AUD 7.5 million on August 30, 2024. A cash consideration of AUD 7.5 million will be paid by Vysarn Limited. The transaction is subject to consummation of due diligence investigation and obtaining financing. The expected completion of the transaction is September 1, 2024. Reported Earnings • Aug 23
Full year 2024 earnings released: EPS: AU$0.02 (vs AU$0.01 in FY 2023) Full year 2024 results: EPS: AU$0.02 (up from AU$0.01 in FY 2023). Revenue: AU$75.9m (up 17% from FY 2023). Net income: AU$7.96m (up 106% from FY 2023). Profit margin: 11% (up from 6.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 12
Vysarn Limited Announces the Appointment of Steve Dropulich as Chief Operating Officer Vysarn Limited announced that the Company has appointed Mr. Steve Dropulich as Chief Operating Officer (COO). Mr. Dropulich is a 30 year veteran of the Australian energy and infrastructure services sector having established and led market leading contracting companies in senior executive management roles across both public and private business. During his career Mr. Dropulich has developed extensive experience in financial and commercial management, establishment of high performing teams, strategy formation and execution, as well as driving operational excellence. Prior to joining Vysarn, Mr. Dropulich was a founder of ASX listed energy and infrastructure services group Valmec Limited, where he was the Managing Director for over 10 years until its acquisition in 2021 by French company, Altrad Group. Following the acquisition, Mr. Dropulich held the role of Altrad’s Executive Director of Operations for the Australian region. Mr. Dropulich holds a Bachelor of Commerce in accounting and business law, is a Chartered Accountant, and is a member of the Australian Institute of Company Directors. As previously stated by the Company, in preparation for Vysarn’s next leg of growth an appropriate level of investment will be made in key senior human resources to provide greater depth and capability within the Company’s executive leadership team. New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (AU$119.3m market cap, or US$80.6m). Recent Insider Transactions Derivative • Jul 05
CEO, MD & Director exercised options to buy AU$2.9m worth of stock. On the 2nd of July, James Clement exercised options to buy 10m shares at a strike price of around AU$0.075, costing a total of AU$750k. This transaction amounted to 59% of their direct individual holding at the time of the trade. Since September 2023, James has owned 16.83m shares directly. Company insiders have collectively bought AU$1.5m more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Oct 17
Vysarn Limited, Annual General Meeting, Nov 23, 2023 Vysarn Limited, Annual General Meeting, Nov 23, 2023, at 16:00 W. Australia Standard Time. Location: Wardroom South of Perth Yacht Club Canning Beach Road Applecross Western Australia Australia Agenda: To receive and consider the Annual Report of the Company for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider Remuneration Report; to consider Re-election of Director Mr Peter Hutchinson; to consider Approval of 10% Placement Facility; to consider Approval for Director Loan for exercise of Incentive Options; and to consider other matters if any. Reported Earnings • Aug 25
Full year 2023 earnings released: EPS: AU$0.01 (vs AU$0.007 in FY 2022) Full year 2023 results: EPS: AU$0.01 (up from AU$0.007 in FY 2022). Revenue: AU$65.0m (up 40% from FY 2022). Net income: AU$3.87m (up 36% from FY 2022). Profit margin: 6.0% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 17
Vysarn Limited Revises Earnings Guidance for the Financial Year to 30 June 2023 Vysarn Limited provided revised earnings guidance for the financial year to 30 June 2023. The Company forecasts to deliver Net Profit Before Tax (NPBT) of $6.8 million to $7 million. Tillkännagivande • May 13
Vysarn Limited Revises Earnings Guidance for the Fiscal Year 2023 Vysarn Limited revised earnings guidance for the fiscal year 2023. The company forecasts to deliver Net Profit Before Tax (NPBT) of $6.0 million to $6.5 million in fiscal year 2023. Previous guidance was $5.1 million NPBT. Recent Insider Transactions Derivative • May 12
Non-Executive Chairman exercised options to buy AU$1.2m worth of stock. On the 4th of May, Peter Hutchinson exercised options to buy 10m shares at a strike price of around AU$0.054, costing a total of AU$540k. This transaction amounted to 17% of their direct individual holding at the time of the trade. Since June 2022, Peter's direct individual holding has increased from 57.00m shares to 59.10m. Company insiders have collectively bought AU$837k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Feb 25
First half 2023 earnings released: EPS: AU$0 (vs AU$0.006 in 1H 2022) First half 2023 results: EPS: AU$0 (down from AU$0.006 in 1H 2022). Revenue: AU$29.2m (up 31% from 1H 2022). Net loss: AU$55.3k (down 102% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO, MD & Director James Clement was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 04
Vysarn Limited (ASX:VYS) acquired Project Engineering (WA) Pty Ltd. Vysarn Limited (ASX:VYS) entered into an agreement to acquire Project Engineering (WA) Pty Ltd for AUD2.60 million on August 11, 2022. The cash component of the acquisition consideration will be funded via a combination of the Vysarn's cash reserves and debt funding.
Vysarn Limited (ASX:VYS) completed the acquisition of Project Engineering (WA) Pty Ltd on October 3, 2022. Tillkännagivande • Sep 21
Vysarn Limited, Annual General Meeting, Nov 24, 2022 Vysarn Limited, Annual General Meeting, Nov 24, 2022. Agenda: Annual General Meeting. Recent Insider Transactions • Sep 16
Non-Executive Chairman recently bought AU$142k worth of stock On the 14th of September, Peter Hutchinson bought around 2m shares on-market at roughly AU$0.075 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of AU$224k worth in shares. Reported Earnings • Aug 26
Full year 2022 earnings released: EPS: AU$0.007 (vs AU$0.001 in FY 2021) Full year 2022 results: EPS: AU$0.007 (up from AU$0.001 in FY 2021). Revenue: AU$46.6m (up 80% from FY 2021). Net income: AU$2.86m (up AU$2.51m from FY 2021). Profit margin: 6.1% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Tillkännagivande • Aug 11
Vysarn Limited (ASX:VYS) entered into an agreement to acquire Project Engineering (WA) Pty Ltd for AUD2.60 million. Vysarn Limited (ASX:VYS) entered into an agreement to acquire Project Engineering (WA) Pty Ltd for AUD2.60 million on August 11, 2022. The cash component of the acquisition consideration will be funded via a combination of the Vysarn's cash reserves and debt funding. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO, MD & Director James Clement was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.006 (up from AU$0.002 in 1H 2021). Revenue: AU$22.3m (up 94% from 1H 2021). Net income: AU$2.42m (up 158% from 1H 2021). Profit margin: 11% (up from 8.2% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Tillkännagivande • Feb 02
Vysarn Limited Appoints Matthew Power as Chief Financial Officer Vysarn Limited advised that Mr. Matthew Power has been appointed Chief Financial Officer. Mr. Power is currently the Company Secretary of Vysarn and the FinanceManager of the Company's wholly owned subsidiary Pentium Hydro Pty Ltd. (Pentium). Mr. Power joined Pentium in February 2020 and has since proven to be an invaluable resource in a variety of roles across finance, corporate governance and operations. The appointment of Mr. Power will be effective from 1 January 2022. Tillkännagivande • Nov 24
Vysarn Limited (ASX:VYS) completed the acquisition of Australian Groundwater Solutions Pty Ltd. Vysarn Limited (ASX:VYS) entered into a binding Share Sale Agreement to acquire Australian Groundwater Solutions Pty Ltd for AUD 2.9 million on September 30, 2021. Under the agreement, Vysarn Limited will issue 5 million shares and will pay AUD 2.50 million in cash. The purchase price assumes that Yield is acquired debt-free. On completion of the acquisition Yield will become a wholly owned subsidiary of Vysarn. The current Managing Director and majority shareholder Dwayne Moppet, will remain with Australian Groundwater Solutions having agreed to enter into an executive employment agreement for a term of three years to lead and grow the business under Vysarn’s ownership. The cash component of the acquisition consideration will be funded via a combination of cash reserves and debt. Completion of the satisfaction and consummation of due diligence and executive employment agreement having been executed by no later than November 30, 2021 and acquisition will be effective from September 30, 2021.
Vysarn Limited (ASX:VYS) completed the acquisition of Australian Groundwater Solutions Pty Ltd on November 23, 2021. Vysarn issued 5 million fully paid ordinary shares as part of consideration. Tillkännagivande • Oct 02
Vysarn Limited (ASX:VYS) entered into a binding Share Sale Agreement to acquire Australian Groundwater Solutions Pty Ltd for AUD 7.5 million. Vysarn Limited (ASX:VYS) entered into a binding Share Sale Agreement to acquire Australian Groundwater Solutions Pty Ltd for AUD 7.5 million on September 30, 2021. Under the agreement, Vysarn Limited will acquire 100% of the issued shares in Australian Groundwater Solutions for a consideration of AUD 5 million worth of shares and AUD 2.50 million in cash. The purchase price assumes that Yield is acquired debt-free. On completion of the acquisition Yield will become a wholly owned subsidiary of Vysarn. The current Managing Director and majority shareholder Dwayne Moppet, will remain with Australian Groundwater Solutions having agreed to enter into an executive employment agreement for a term of three years to lead and grow the business under Vysarn’s ownership. The cash component of the acquisition consideration will be funded via a combination of cash reserves and debt. The acquisition will be effective from September 30, 2021 with completion of the satisfaction and consummation of due diligence and executive employment agreement having been executed by no later than November 30, 2021. Reported Earnings • Aug 29
Full year 2021 earnings released: EPS AU$0.001 (vs AU$0.018 in FY 2020) The company reported a decent full year result with improved revenues, although earnings and profit margins were weaker. Full year 2021 results: Revenue: AU$26.4m (up 121% from FY 2020). Net income: AU$344.8k (down 93% from FY 2020). Profit margin: 1.3% (down from 41% in FY 2020). The decrease in margin was driven by higher expenses. Executive Departure • Jul 13
Company Secretary Kyla Garic has left the company On the 30th of June, Kyla Garic's tenure as Company Secretary ended after 3.6 years in the role. We don't have any record of a personal shareholding under Kyla's name. A total of 2 executives have left over the last 12 months. Tillkännagivande • Jan 29
Vysarn Limited Announces Resignation of Mr. Chris Brophy as A Non-Executive Director Vysarn Limited announced that resignation of Mr. Chris Brophy as a Non-Executive director of the Company, effective 28 January 2021. Mr. Brophy has recently accepted the position of Chief Executive Officer of a private company, and as such, felt that the time required to fulfil the obligations of his new role would not enable him to continue as a board member of Vysarn Ltd. Executive Departure • Jan 29
Non-Executive Director has left the company On the 28th of January, Christopher Brophy's tenure as Non-Executive Director ended after 1.7 years in the role. As of September 2020, Christopher personally held 2.93m shares (AU$246k worth at the time). Christopher is the only executive to leave the company over the last 12 months. 
