Veridis Environment Ltd

Tel Aviv Stock Exchange VRDS.TA

Veridis Environment Ltd Gross Profit for the year ending December 31, 2023: USD 71.72 M

Veridis Environment Ltd Gross Profit is USD 71.72 M for the year ending December 31, 2023, a 60.59% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Veridis Environment Ltd Gross Profit for the year ending December 31, 2022 was USD 44.66 M, a 0.26% change year over year.
  • Veridis Environment Ltd Gross Profit for the year ending December 31, 2021 was USD 44.55 M, a 4.64% change year over year.
  • Veridis Environment Ltd Gross Profit for the year ending December 31, 2020 was USD 42.57 M, a 31.65% change year over year.
  • Veridis Environment Ltd Gross Profit for the year ending December 31, 2019 was USD 32.34 M, a 56.38% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Tel Aviv Stock Exchange: VRDS.TA

Veridis Environment Ltd

CEO Mr. Ilan Ben Simon
IPO Date June 9, 2021
Location Israel
Headquarters Abba Eban Boulevard 1
Employees 1,269
Sector Utilities
Industries
Description

Veridis Environment Ltd provides environmental services in the areas of waste management, water, and energy in Israel. The company offers waste collection and transportation, separation, sorting, recycling, and disposal; and produces recycled raw materials and renewable energies using waste. It also operates a desalination plant that supplies renewable water for consumers, as well as for the industrial and agriculture sectors. In addition, the company develops and operates power stations and energy facilities based on renewable energies, such as biomass, cogeneration, biogas, etc. Further, it designs and operates energy centers and other energy efficiency projects; and provides installation and maintenance services for heating, ventilation, and air-conditioning systems. The company was founded in 1993 and is based in Herzliya, Israel. Veridis Environment Ltd is a subsidiary of Delek Automotive Systems Ltd.

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StockViz Staff

January 15, 2025

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