Envirosuite (ASX: $EVS) Strategy Update

Envirosuite Limited (ASX: $EVS) has announced the consolidation of its EVS Water products into the EVS Industrial portfolio. This strategic decision aims to capitalize on go-to-market and product synergies, leading to significant annualized expenditure improvements of approximately $2.5m. The move simplifies the organizational structure and allows the company to focus on B2B partnerships and further cross-selling into EVS Industrial, supporting its growth across multiple regions and industries.

Envirosuite CEO, Jason Cooper's Statement

I am proud of Envirosuite's achievements in EVS Water to date, having built compelling products that can now be sold and supported without further development, which have been validated by significant customers from around the world. As the Company continues to focus on sustainable and profitable growth, we have made the strategic decision to bring these developed Water products into the EVS Industrial portfolio. This decision reflects the go-to-market and product synergies we have seen between the two portfolios through cross-sell opportunities and the more recent focus on B2B partnerships. It means we can consolidate maintenance and support resources for Water customers while leveraging the sales and marketing efforts of the EVS Industrial team. This restructure will deliver a net annualized expenditure improvement of circa $2.5m which is expected to be material to our forward earnings. We move forward with two exciting product portfolios: EVS Aviation, which has over 30 years of leadership in aviation noise, operations, and community management, and EVS Industrial, which provides proven environmental intelligence technologies to solve complex operational challenges relating to air quality, noise, vibration, water management, weather, and community engagement.

Summary of Envirosuite's Strategy Update

Envirosuite Limited (ASX: $EVS) has strategically consolidated its EVS Water products into the EVS Industrial portfolio to streamline its product offerings and drive sustainable growth. This decision is expected to result in significant annualized expenditure improvements of approximately $2.5m, bringing the company closer to its financial performance targets. By simplifying the organizational structure and focusing on B2B partnerships and cross-selling into EVS Industrial, Envirosuite aims to support the growth of its industrial portfolio across multiple regions and industries. The move reflects the company's commitment to sustainable and profitable growth, leveraging the synergies between the EVS Water and EVS Industrial portfolios to optimize resources and enhance sales and marketing efforts. Envirosuite's strategic realignment positions it to continue delivering environmental intelligence technologies and sustainable solutions to its key sectors, supporting its transition to profitability and future earnings.