Create Free Account

By creating account you will get access to hot stocks & personalised emails

VEEM Ltd

Industrials AU VEE

1.885AUD
-0.015(0.79%)

Last update at 2024-05-15T06:10:00Z

Day Range

1.851.90
LowHigh

52 Week Range

0.372.02
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 4.89M 1.40M 5.91M 3.24M 2.14M
Minority interest - - - - -
Net income 4.11M 1.27M 4.91M 2.47M 2.47M
Selling general administrative 24.56M 22.62M 21.39M 18.43M 21.10M
Selling and marketing expenses 0.56M 0.30M 0.23M 0.39M 0.95M
Gross profit 37.60M 31.99M 33.75M 27.67M 28.97M
Reconciled depreciation 4.08M 4.02M 3.64M 3.39M 1.75M
Ebit 5.87M 2.05M 6.63M 4.11M 2.64M
Ebitda 9.95M 6.07M 10.27M 7.51M 4.40M
Depreciation and amortization 4.08M 4.02M 3.64M 3.39M 1.75M
Non operating income net other - - - - -
Operating income 5.88M 2.13M 5.45M 2.58M 2.64M
Other operating expenses 53.71M 52.21M 52.91M 40.26M 42.32M
Interest expense 0.99M 0.65M 0.72M 0.87M 0.50M
Tax provision 0.77M 0.13M 1.00M 0.77M -0.41284M
Interest income 0.99M 0.74M 1.11M 0.91M 0.51M
Net interest income -0.98565M -0.65122M -0.72018M -0.87183M -0.49574M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.77M 0.13M 1.00M 0.77M -0.08893M
Total revenue 59.54M 54.20M 59.45M 44.36M 44.94M
Total operating expenses 32.56M 30.17M 28.50M 25.11M 26.35M
Cost of revenue 21.94M 22.21M 25.70M 16.68M 15.97M
Total other income expense net 0.83M 0.23M 1.38M 1.55M -0.50054M
Discontinued operations - - - - -
Net income from continuing ops 4.11M 1.27M 4.91M 2.47M 2.23M
Net income applicable to common shares 4.11M 1.27M 4.91M 2.47M 2.55M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 91.50M 81.06M 70.28M 65.81M 49.56M
Intangible assets 21.02M 18.05M 15.71M 13.33M 12.73M
Earning assets - - - - -
Other current assets 1.34M 1.19M 2.18M 2.26M 1.54M
Total liab 44.68M 37.46M 33.66M 33.25M 18.39M
Total stockholder equity 46.82M 43.60M 36.62M 32.56M 31.17M
Deferred long term liab 20.79M 17.81M 15.30M 12.78M 12.05M
Other current liab 11.91M 8.18M 0.72M 6.54M 2.93M
Common stock 11.51M 11.51M 5.14M 5.14M 5.14M
Capital stock 11.51M 11.51M 5.14M 5.14M 5.14M
Retained earnings 35.35M 32.07M 31.48M 27.42M 26.03M
Other liab 8.01M 5.82M 4.28M 3.70M 3.10M
Good will - - - - -
Other assets 4.27M 20.67M 16.60M 14.37M 13.91M
Cash 2.42M 2.63M 2.23M 3.62M 2.87M
Cash and equivalents - - - 3.62M 2.87M
Total current liabilities 16.79M 12.85M 12.12M 9.62M 9.59M
Current deferred revenue -6.28310M -6.15267M 4.29M -3.11531M -
Net debt 23.75M 19.03M 17.81M 19.42M 6.34M
Short term debt 6.28M 2.88M 2.78M 3.12M 1.80M
Short long term debt 4.63M 1.39M 1.17M 0.86M 0.51M
Short long term debt total 26.17M 21.67M 20.04M 23.04M 9.21M
Other stockholder equity -46.86162M -43.57729M -36.62245M -32.56278M 24.63M
Property plant equipment 31.20M 28.22M 25.03M 27.31M 12.94M
Total current assets 35.01M 31.93M 28.25M 23.59M 22.31M
Long term investments - - - - -
Net tangible assets 46.59M 43.36M 36.22M 32.02M 30.23M
Short term investments - - - - -
Net receivables 10.11M 10.33M 9.82M 9.47M 6.86M
Long term debt 4.43M 8.12M 5.28M 6.46M 6.37M
Inventory 20.94M 17.59M 12.99M 8.24M 11.04M
Accounts payable 4.88M 7.95M 4.33M 3.08M 4.86M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.03976M 0.02M 0.02M -27.94152M -24.63449M
Additional paid in capital - - - - -
Common stock total equity - - - 5.14M 5.14M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -31.43749M -28.46542M -25.43237M -27.85062M 27.25M
Deferred long term asset charges - - - - -
Non current assets total 56.49M 49.13M 42.03M 42.22M 27.25M
Capital lease obligations 11.03M 12.16M 13.17M 15.72M 2.33M
Long term debt total 19.89M 18.79M 17.26M 19.93M 7.42M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -5.18615M -4.82360M -3.54800M -2.57207M -1.06456M
Change to liabilities 0.52M 0.50M 1.57M -1.36415M 0.03M
Total cashflows from investing activities -5.18615M -4.82360M -3.54800M -2.57207M -1.06456M
Net borrowings -0.33979M -3.10292M -3.20343M -1.92935M -3.65958M
Total cash from financing activities -1.16767M 2.59M -4.05493M -2.67165M -4.19258M
Change to operating activities 0.29M 0.14M 0.00535M -0.07871M -0.01165M
Net income 4.11M 1.27M 4.91M 2.47M 2.23M
Change in cash -0.21119M 0.40M -1.38509M 0.74M 3.20M
Begin period cash flow 2.63M 2.23M 3.62M 2.87M -0.32474M
End period cash flow 2.42M 2.63M 2.23M 3.62M 2.87M
Total cash from operating activities 6.12M 2.52M 6.29M 5.96M 8.43M
Issuance of capital stock - 6.37M - - -
Depreciation 3.80M 4.02M 3.64M 3.39M 1.75M
Other cashflows from investing activities 0.00000M 0.12M 0.00679M 0.00000M 0.02M
Dividends paid 0.83M 0.68M 0.85M 0.74M 0.53M
Change to inventory -3.64852M -4.60075M -4.75312M 2.80M 2.31M
Change to account receivables -0.04364M 0.99M -1.90266M -2.68608M 1.93M
Sale purchase of stock 0.00000M -3.90386M -6.36900M - -
Other cashflows from financing activities 0.86M 2.59M -1.25773M -0.05328M 1.00M
Change to netincome 0.05M -0.16954M 1.37M 0.12M -0.13003M
Capital expenditures 5.19M 4.95M 3.55M 2.57M 1.08M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -3.69215M -3.61289M -6.65578M 0.11M -0.84081M
Stock based compensation 0.04M 0.02M - - -
Other non cash items -1.79181M -2.76837M 4.40M -0.01588M -3.98379M
Free cash flow 0.93M -2.42695M 2.74M 3.39M 7.35M

Fundamentals

  • Previous Close 1.90
  • Market Cap259.32M
  • Volume31064
  • P/E Ratio47.75
  • Dividend Yield0.67%
  • EBITDA9.62M
  • Revenue TTM69.53M
  • Revenue Per Share TTM0.51
  • Gross Profit TTM 36.13M
  • Diluted EPS TTM0.04

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		 -0.015 0.79% 1.89 47.75 - 3.45 4.75 3.74 20.53
ASB
Austal Ltd		 -0.05 2.03% 2.41 126.50 6.49 0.56 0.92 0.62 29.29
EOS
Electro Optic Systems Holdings		 -0.01 0.66% 1.50 - 14.29 1.49 1.61 1.57 54.08
OEC
Orbital Corporation Ltd		 - -% 0.09 5.25 - 1.63 1.99 1.83 7.67
QHL
Quickstep Holdings Ltd		 0.005 2.70% 0.19 - 6.18 0.16 1.02 0.39 14.17

Reports Covered

Stock Research & News

View All

Profile

VEEM Ltd engages in the manufacture and sale of marine propulsion and stabilization systems. It offers gyrostabilizers; CNC machined monobloc and fixed pitch propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest and shaft lines and marine ride control fins. in addition, it manufactures bespoke engineered products for marine, defense, and mining industries; and provides engineering services. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as 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 - Data Powered by EOD Historical Data (“EODHD”). All CFDs (stocks, indices, mutual funds, ETFs), and Forex are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. EODHD is not using exchanges data feeds for the pricing data, EODHD is using OTC, peer to peer trades and trading platforms over 100+ sources, EODHD is aggregating its data feeds via VWAP method. Therefore, EOD Historical Data doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. EOD Historical Data or anyone involved with EOD Historical Data will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. EOD Historical Data does not give any warranties (including, without limitation, as to merchantability or fitness for a particular purpose or use).

Our Company

Useful Links

Contact Us

Market Research

Our Company

Useful Links

Contact Us

Disclaimer

The information given by Kalkine Pty Ltd ABN34 154 808 312 (Australian Financial Services License Number 425376) on this website is general information or advice only.

It does not take into account any of your personal objectives, circumstances or needs. Choosing an investment is an important decision. If you do not feel confident making a decision based on the recommendations Kalkine has made in our reports, you should consider obtaining personal advice from an authorised adviser.

There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. Terms & Conditions have been provided for our services, please go through them and also read our Financial Services Guide.

Our website may contain information on past performance of particular investments. Past performance is not an indicator of future performance. Hypothetical returns may not reflect actual performance. Any displays of potential investment opportunities are for sample purposes only and may not actually be available to investors.

The information on the website does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Our reports contain general recommendations to invest in securities.

Copyright 2024 Krish Capital Pty. Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.