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 817% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$1.02 per share. Board Change • May 20
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. 5 non-independent directors. COO & Executive Director Steve Dropulich was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 5 non-independent directors. COO & Executive Director Steve Dropulich was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jan 05
Now 21% undervalued Over the last 90 days, the stock has risen 17% to AU$0.69. 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. Board Change • Dec 24
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. 5 non-independent directors. COO & Executive Director Steve Dropulich was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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 Reported Earnings • Aug 22
Full year 2025 earnings released: EPS: AU$0.021 (vs AU$0.02 in FY 2024) 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 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. Board Change • Aug 18
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. 5 non-independent directors. COO & Executive Director Steve Dropulich was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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. Board Change • Feb 04
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 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 following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 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 following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 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 60% 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. 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 44% 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. 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 11% per year, which means it is well ahead of earnings. Board Change • Nov 18
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. Board Change • Sep 29
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. 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 27
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. Board Change • Aug 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. Board Change • Jul 22
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. Board Change • Apr 28
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. 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. 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$249k worth at the time). Christopher is the only executive to leave the company over the last 12 months. 
