Verbrec revenue jumps 52% to $118.5M in FY26
- Verbrec reported a 52% surge in FY26 continuing operations revenue to $118.5 million.
- Net profit after tax from continuing operations increased 107% to $4.2 million.
- The group reaffirmed FY27 revenue guidance of $140–160 million following key structural acquisitions.
Engineering and digital transformation group Verbrec (ASX:VBC) delivered a 52% surge in revenue from continuing operations to $118.5 million for FY26.
The financial result compares to $77.9 million in revenue generated from continuing operations in FY25.
The growth came alongside an expanding portfolio of work, with the company stating that work in hand rose 77% to $78 million while the opportunity pipeline grew to $277 million.
Operations were reshaped during the year through the divestment of Competency Training and the acquisition of Alliance Automation in December 2025.
The group reaffirmed its FY2027 financial guidance, projecting revenue between A160 million alongside adjusted EBITDA of $10 million to $12 million.
Following the announcement, the Verbrec share price was up at $0.22.
The board has determined a fully franked final dividend for FY26 of 0.15 cents per share, bringing total dividends declared for the year to 0.25 cents per share.
Verbrec operates across Australia and the Pacific, supplying technical services to clients in the energy, mining, defence, and infrastructure sectors.
The business previously completed a multi-year turnaround programme focused on gross margin expansion and project selection discipline.
