VEEM Ltd (ASX:VEE)

Australia flag Australia · Delayed Price · Currency is AUD
0.5400
-0.0050 (-0.92%)
May 27, 2026, 4:10 PM AEST
Market Cap79.98M -32.8%
Revenue (ttm)58.49M -23.7%
Net Income-17.52M
EPS-0.13
Shares Out 146.75M
PE Ration/a
Forward PE68.90
Dividendn/a
Ex-Dividend Daten/a
Volume90,302
Open0.5350
Previous Close0.5450
Day's Range0.5350 - 0.5500
52-Week Range0.4700 - 1.9500
Beta1.24
AnalystsBuy
Price Target0.85 (+57.41%)
Earnings DateJun 2, 2026

About VEEM Ltd

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. V... [Read more]

Founded 1968
Employees 136
Stock Exchange Australian Securities Exchange
Ticker Symbol VEE
Full Company Profile

Financial Performance

In fiscal year 2025, VEEM Ltd's revenue was 68.62 million, a decrease of -14.81% compared to the previous year's 80.55 million. Earnings were 3.02 million, a decrease of -56.79%.

Financial Statements

News

VEEM Ltd Earnings Call Transcript: H1 2026

Revenue and EBITDA were down due to a global marine slowdown and delayed defense contracts, but strong cash flow and a robust balance sheet position the business for recovery. Major product launches and facility expansion support future growth, with defense and new technologies expected to drive higher sales.

3 months ago - Transcripts

VEEM Ltd Quarterly report: H1 2026

VEEM Ltd has published its H1 2026 quarterly earnings report on February 24, 2026.

3 months ago - Filings

VEEM Ltd Slides: H1 2026

VEEM Ltd has posted slides in relation to its H1 2026 quarterly earnings report, which was published on February 24, 2026.

3 months ago - Filings

VEEM Ltd Slides: Investor Presentation

VEEM Ltd has posted slides in relation to its latest quarterly earnings report, which was published on September 29, 2025.

8 months ago - Filings

VEEM Ltd Earnings Call Transcript: H2 2025

FY 2025 saw revenue of $68.6M and EBITDA of $9.2M, with a strong second half driven by new contracts and cost reductions. Major defense contracts are set to drive significant growth from late FY 2026, while CapEx and cash are being managed to support expansion and upcoming work.

9 months ago - Transcripts

VEEM Ltd Annual report: H2 2025

VEEM Ltd has published its H2 2025 annual report on August 20, 2025.

9 months ago - Filings

VEEM Ltd Annual report: H2 2025

VEEM Ltd has published its H2 2025 annual report on August 20, 2025.

9 months ago - Filings

VEEM Ltd Slides: H2 2025

VEEM Ltd has posted slides in relation to its H2 2025 quarterly earnings report, which was published on August 20, 2025.

9 months ago - Filings