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Veem Ltd

Industrials AU VEE

0.605AUD
-0.02(3.20%)

Last update at 2026-03-10T04:43:00Z

Day Range

0.590.62
LowHigh

52 Week Range

0.491.95
LowHigh

Fundamentals

  • Previous Close 0.62
  • Market Cap93.19M
  • Volume160788
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA2.76M
  • Revenue TTM58.49M
  • Revenue Per Share TTM0.42
  • Gross Profit TTM 36.76M
  • Diluted EPS TTM-0.12

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax 3.06M 8.10M 4.89M 1.40M 5.91M
Minority interest - - - - -
Net income 3.02M 6.99M 4.11M 1.27M 4.91M
Selling general administrative 28.57M 24.94M 24.56M 22.62M 21.39M
Selling and marketing expenses 0.95M 0.72M 0.56M 0.30M 0.23M
Gross profit 40.80M 44.75M 37.60M 31.99M 33.75M
Reconciled depreciation - 5.37M 4.08M 4.02M 3.64M
Ebit 4.16M 9.41M 5.87M 2.05M 6.63M
Ebitda 6.64M 14.78M 9.95M 6.07M 10.27M
Depreciation and amortization 2.48M 5.37M 4.08M 4.02M 3.64M
Non operating income net other - - - - -
Operating income 10.58M 9.34M 5.88M 2.13M 5.45M
Other operating expenses 58.04M 71.18M 53.71M 52.21M 52.91M
Interest expense 1.31M 1.31M 0.99M 0.65M 0.72M
Tax provision 0.04M 1.11M 0.77M 0.13M 1.00M
Interest income 1.10M 1.35M 0.99M 0.74M 1.11M
Net interest income - -1.30869M -0.98565M -0.65122M -0.72018M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.04M 1.11M 0.77M 0.13M 1.00M
Total revenue 68.62M 80.53M 59.54M 54.20M 59.45M
Total operating expenses 30.22M 35.41M 32.56M 30.17M 28.50M
Cost of revenue 27.83M 35.77M 21.94M 22.21M 25.70M
Total other income expense net -7.52298M -1.24339M 0.83M 0.23M 1.38M
Discontinued operations - - - - -
Net income from continuing ops - 6.99M 4.11M 1.27M 4.91M
Net income applicable to common shares 3.02M 6.99M 4.11M 1.27M 4.91M
Preferred stock and other adjustments - - - - -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 97.22M 93.97M 91.50M 81.06M 70.28M
Intangible assets 0.35M - 21.02M 18.05M 15.71M
Earning assets - - - - -
Other current assets 2.23M 1.26M 1.34M 1.19M 2.18M
Total liab 42.93M 41.68M 44.68M 37.46M 33.66M
Total stockholder equity 54.29M 52.28M 46.82M 43.60M 36.62M
Deferred long term liab - - 20.79M 17.81M 15.30M
Other current liab 7.10M 5.76M 11.91M 8.18M 0.72M
Common stock 11.66M 11.54M 11.51M 11.51M 5.14M
Capital stock - - 11.51M 11.51M 5.14M
Retained earnings 42.30M 40.60M 35.35M 32.07M 31.48M
Other liab - - 8.01M 5.82M 4.28M
Good will - - - - -
Other assets - - 4.27M 20.67M 16.60M
Cash 0.81M 0.17M 2.42M 2.63M 2.23M
Cash and equivalents - - - - -
Total current liabilities 20.66M 16.56M 16.79M 12.85M 12.12M
Current deferred revenue - - -6.28310M -6.15267M 4.29M
Net debt 21.51M 21.81M 23.75M 19.03M 17.81M
Short term debt 8.14M 4.52M 6.28M 2.88M 2.78M
Short long term debt - - 4.63M 1.39M 1.17M
Short long term debt total 22.32M 21.98M 26.17M 21.67M 20.04M
Other stockholder equity - - -46.86162M -43.57729M -36.62245M
Property plant equipment - - 31.20M 28.22M 25.03M
Total current assets 43.05M 39.24M 35.01M 31.93M 28.25M
Long term investments - - - - -
Net tangible assets - - 46.59M 43.36M 36.22M
Short term investments - - - - -
Net receivables 13.81M 13.56M 10.11M 10.33M 9.82M
Long term debt - - 4.43M 8.12M 5.28M
Inventory 26.19M 24.25M 20.94M 17.59M 12.99M
Accounts payable 5.42M 6.29M 4.88M 7.95M 4.33M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.32M 0.14M -0.03976M 0.02M 0.02M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 22.85M 21.90M -31.43749M -28.46542M -25.43237M
Deferred long term asset charges - - - - -
Non current assets total 54.17M 54.73M 56.49M 49.13M 42.03M
Capital lease obligations - - 11.03M 12.16M 13.17M
Long term debt total - - 19.89M 18.79M 17.26M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments - -3.22635M -5.18615M -4.82360M -3.54800M
Change to liabilities - - 0.52M 0.50M 1.57M
Total cashflows from investing activities -1.74402M -3.22635M -5.18615M -4.82360M -3.54800M
Net borrowings - -2.12435M -0.33979M -3.10292M -3.20343M
Total cash from financing activities -4.41678M -7.38422M -1.16767M 2.59M -4.05493M
Change to operating activities - - 0.29M 0.14M 0.00535M
Net income 3.02M 6.99M 4.11M 1.27M 4.91M
Change in cash -1.88868M -2.25055M -0.21119M 0.40M -1.38509M
Begin period cash flow 0.17M 2.42M 2.63M 2.23M 3.62M
End period cash flow -1.71812M 0.17M 2.42M 2.63M 2.23M
Total cash from operating activities 4.27M 8.36M 6.12M 2.52M 6.29M
Issuance of capital stock - - - 6.37M -
Depreciation 4.89M 5.37M 3.80M 4.02M 3.64M
Other cashflows from investing activities -0.81219M -1.93165M 0.00000M 0.12M 0.00679M
Dividends paid -1.35818M -1.73721M 0.83M 0.68M 0.85M
Change to inventory -3.94028M -3.57211M -3.64852M -4.60075M -4.75312M
Change to account receivables -0.64079M -3.09178M -0.04364M 0.99M -1.90266M
Sale purchase of stock - - 0.00000M -3.90386M -6.36900M
Other cashflows from financing activities - -1.66122M 0.86M 2.59M -1.25773M
Change to netincome - - 0.05M -0.16954M 1.37M
Capital expenditures 0.93M 3.23M 5.19M 4.95M 3.55M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -4.50457M -4.11076M -3.69215M -3.61289M -6.65578M
Stock based compensation 0.22M 0.07M 0.04M 0.02M -
Other non cash items 0.64M 0.05M -1.79181M -2.76837M 4.40M
Free cash flow 3.33M 5.13M 0.93M -2.42695M 2.74M

Peer Comparison

Sector: Industrials Industry: Aerospace & Defense

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
VEE
Veem Ltd		 -0.02 3.20% 0.60 - - 1.59 1.90 1.70 12.48
DRO
Droneshield Ltd		 0.31 8.36% 4.02 - - 15.71 9.90 14.49 251.81
ASB
Austal Ltd		 0.16 3.21% 5.15 22.91 6.49 1.06 1.63 0.98 14.02
EOS
Electro Optic Systems Holdings Ltd		 0.86 8.69% 10.76 - 909.09 14.89 7.49 13.49 41.22
HCL
Highcom Ltd		 0.005 2.63% 0.20 - - 0.53 1.14 0.83 80.18

Reports Covered

Stock Research & News

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Profile

VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services for marine, defense, and mining industries; and hollow bar products. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.

Veem Ltd

22 Baile Road, Canning Vale, WA, Australia, 6155

Key Executives

Name Title Year Born
Mr. Mark David Miocevich MD & Director NA
Mr. David James Rich B.Com., F.C.A. CFO & Company Sec. NA
Mr. Brett Wayne Silich Global Commercial Mang. NA
Mr. David James Rich B.Com., F.C.A. CFO & Company Secretary NA
Mr. Trevor Raman Operations Manager NA
Mr. David James Wood Global Commercial Manager NA
Mr. David James Rich B.Com., F.C.A. CFO & Company Secretary NA
Mr. Trevor Raman Operations Manager NA
Mr. David James Wood Global Commercial Manager NA
Mr. David James Rich B.Com., F.C.A. CFO & Company Secretary NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.