VEEM Ltd (ASX:VEE)

Australia flag Australia · Delayed Price · Currency is AUD
0.5250
+0.0400 (8.25%)
May 6, 2026, 4:10 PM AEST
Market Cap71.17M -42.2%
Revenue (ttm)58.49M -23.7%
Net Income-17.52M
EPS-0.13
Shares Out146.75M
PE Ration/a
Forward PE61.31
Dividendn/a
Ex-Dividend Daten/a
Volume96,859
Average Volume126,269
Open0.4950
Previous Close0.4850
Day's Range0.4850 - 0.5250
52-Week Range0.4700 - 1.9500
Beta1.24
RSI35.06
Earnings DateMay 26, 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.

2 months ago - Transcripts

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 Earnings Call Transcript: H1 2025

Revenue for the half was AUD 33.6 million, down 10% year-over-year but up 23% on FY 2023, with EBITDA and net profit at the upper end of guidance. The outlook is strong, with a robust order book, new contracts, and margin improvements expected to drive a stronger second half.

1 year ago - Transcripts