VEEM Ltd

  • IPO date:
  • Sector: Industrials
  • GIC Group: Capital Goods
  • Industry: Aerospace & Defense
  • Company website

Company description

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.

Financial highlights

Market Capitalization$78.0387 million
P/E Ratio18.98
P/E Growth Ratio
Book Value0.345
Dividend Per Share0.009
Earnings Per Share0.03
EBITDA8,028.902
Profit Margin0.069
Operating Margin TTM0.0987
Return on Assets TTM0.0427
Return on Equity TTM0.091
Revenue TTM59,579.944

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2013-06-30 37,860 13,945
2014-06-30 39,826 12,863 26,962.803 33,424.725
2015-06-30 38,493.44 11,690.05 26,803.39 34,089.494
2016-06-30 41,370.13 11,985.01 29,385.12 0
2017-06-30 38,047.491 10,567.327 27,480.164 21,326.872
2018-06-30 40,697.518 18,313.679 22,383.839 18,722.83
2019-06-30 44,941.572 15,973.921 28,967.651 26,347.635
2020-06-30 44,356.136 16,683.962 27,672.174 25,112.935
2021-06-30 59,454.82 25,701.113 33,753.707 28,502.571
2022-06-30 54,197.245 22,210.565 31,986.68 30,168.355
2023-06-30 59,535.085 21,938.55 37,596.535 32,558.029

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2013-06-30 613 32,071 11,629 2,489 401
2014-06-30 380 34,724 12,174 5,465.402 2,451 401
2015-06-30 378.249 32,998.771 10,296.559 5,053.087 1,630 400.637
2016-06-30 2,960 36,460 12,250 4,870 190 5,200
2017-06-30 587.586 44,179.85 15,374.061 4,815.69 -202.988 5,140.616
2018-06-30 304.708 51,712.005 22,235.798 5,259.379 6,000 5,140.616
2019-06-30 2,874.087 49,562.261 18,388.258 1,798.075 6,369.59 5,140.616
2020-06-30 3,618.166 65,809.709 33,246.932 3,115.305 6,463.4 5,140.616
2021-06-30 2,233.076 70,283.972 33,661.52 2,781.385 5,277.85 5,140.616
2022-06-30 2,632.302 81,060.342 37,458.332 2,878.409 8,121.339 11,509.613
2023-06-30 2,421.112 91,503.782 44,681.92 6,283.097 4,427.35 11,509.613

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2013-06-30 2,100
2014-06-30 5,408.24 7,407 -624.488 3,300
2015-06-30 4,052.476 7,717.3 28.5 3,900
2016-06-30 0 8,022.95 1,116.15 646.97 3,500
2017-06-30 3,848.75 2,589.64 -302.038 646.97 344.932 4,000
2018-06-30 2,756.918 -1,444.963 -669.673 344.932 -324.741 2,086.5
2019-06-30 2,230.796 8,455.966 3,198.828 -324.741 2,874.087 533
2020-06-30 2,470.261 5,962.725 744.079 2,874.087 3,618.166 -742.3
2021-06-30 4,911.175 6,292.715 -1,385.09 3,618.166 2,233.076 -851.5
2022-06-30 1,265.839 5,287.63 399.226 2,233.076 2,632.302 -680
2023-06-30 4,112.208 6,119.231 -211.19 2,632.302 2,421.112 -827.878