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Veris (ASX:VRS), a surveying and spatial data company, disappointed DMX Asset Management with a weaker second half. In August 2026, DMX reported Veris followed a strong first-half profit with a much weaker second half, noting significant headwinds that affected results. DMX had initiated a small position in December 2025, describing Veris as a data services specialist expanding through strategic initiatives. Veris operates in the Industrials sector within the Professional Services industry, and Thesis Tracker has captured 2 comments from 1 fund manager, DMX Asset Management. Established in 2005 and headquartered in Osborne Park, Perth, Veris provides surveying, spatial data, geospatial analytics, urban planning and advisory services to infrastructure, construction, property development, resources and government clients across Australia, and is expanding its digital and data solutions alongside traditional surveying services, with earnings linked to construction and infrastructure activity.
Company figures as of 15 Oct 2026. For information only.
Fund managers including DMX Asset Management have invested in Veris Ltd (ASX:VRS).
DMX highlights Veris' expansion into spatial data and digital solutions, which could drive higher-margin growth.
DMX notes a much weaker second half after a strong first half, reflecting headwinds in its markets.
Veris Ltd. is an Australian-based provider of professional surveying, advisory, and geospatial services. Headquartered in Osborne Park and established in 2005, the company delivers expertise in geospatial data management, town planning, urban design, 3D spatial solutions, and communications technology. Veris supports infrastructure and development projects by providing specialized spatial and technical advisory services.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.