Verbrec Ltd (ASX:VBC): How Did Engineering and Automation Perform in FY26?

Aditi Sarkar

02 November 2026 05:54 PM AEDT

Verbrec Ltd (ASX:VBC): How Did Engineering and Automation Perform in FY26?

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Key Highlights

In the supplied earlier trading figures, Verbrec Ltd (ASX:VBC) was quoted at AUD 0.200, down 2.44%; that Quotation is not a verified 2 November intraday price. The article reviews FY26 financial performance and operational developments.
FY26 continuing-operations Revenue was AUD 118.5 million, an increase of 52% from AUD 77.9 million in FY25.
NPATA from continuing operations reached AUD 4.2 million, an increase of 107% from approximately AUD 2.0 million.

Verbrec Ltd (ASX:VBC) operates in engineering, operations, maintenance and industrial automation. In the supplied earlier trading figures, Verbrec Ltd (ASX:VBC) was quoted at AUD 0.200, down 2.44%; that quotation is not a verified 2 November intraday price. Its FY26 results and operating updates provide information on sales, profitability, cash movement and company-specific initiatives. The measures below retain their original reporting periods.

Financial Performance and Comparisons

FY26 continuing-operations revenue was AUD 118.5 million, an increase of 52% from AUD 77.9 million in FY25. The comparison covers the full-year reporting period and preserves the reported measurement rather than substituting one operating metric for another. For Verbrec Ltd (ASX:VBC), that distinction is relevant when the company reports different revenue and Earnings measures.

Adjusted EBITDA from continuing operations increased 47% to AUD 8.7 million from AUD 5.9 million. These measures are reported separately and retain their source definitions.

NPATA from continuing operations reached AUD 4.2 million, an increase of 107% from approximately AUD 2.0 million. The reported movements refer to the company’s own operating and financial measures. Percentage changes and absolute amounts are retained here with their associated periods. Where the company presents expectations or guidance, those statements are plans for a future period rather than completed results.

Cash Position and Operating Activity

Cash including term deposits was AUD 20.2 million versus AUD 7.1 million in FY25; net cash was AUD 11.7 million. Cash, Leverage and Capital spending figures provide additional information on the reporting period beyond the income statement. The stated balances refer to the dates specified in the source document and should not be read as amounts available at a later reporting date.

The group acquired Alliance Automation and completed its sale of the Competency Training business; its operating model covers engineering, asset management and automation. These activities form part of the operating context alongside the income statement. Project awards, acquisitions, asset deployments and prospective work are different categories of activity, so the reported milestones are described without assuming that they have already generated a particular amount of profit.

Business Developments and Reporting Context

The Business operates in engineering, operations, maintenance and industrial automation, and the specific activities described for the period provide context for its financial statements. Contract terms, operational capacity, customer programmes and project schedules can span multiple reporting periods. Accordingly, the article distinguishes completed FY26 results from commercial initiatives and future targets rather than treating announced opportunities as booked earnings.

Key Insights

Verbrec Ltd (ASX:VBC) reported fY26 continuing-operations revenue was AUD 118.5 million, an increase of 52% from AUD 77.9 million in FY25. Cash including term deposits was AUD 20.2 million versus AUD 7.1 million in FY25; net cash was AUD 11.7 million. The operating developments and reported metrics outline the scope of the FY26 reporting period without establishing any relationship to the quoted share-price movement.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.