Vection Technologies Ltd

  • IPO date:
  • Sector: Technology
  • GIC Group: Software & Services
  • Industry: Software - Application
  • Company website

Company description

Vection Technologies Limited, an enterprise-focused company, that helps businesses in bridging the physical and digital worlds in Australia. The company operates in two segments, IT and Outsourced Services. It offers Mindesk, a virtual reality design review and real-time rendering in the unreal engine, for CAD and BIM; EnWorks, a solution to support training, manufacturing, and maintenance processes that enhances the work with augmented reality-powered visual assistance; 3DFrame, a no-code enterprise metaverse app for immersive product presentations; configuration that manages product variations for ecommerce, from web to mobile devices; and XRKiosk, which transforms the in-store customer experience with 3D and augmented reality. It serves machinery manufacturing, automotive, naval, furniture, public sector, healthcare and pharma, betting, defence, military and law enforcement, aerospace, architecture, engineering and construction, sports, media and communications, retail, fashion, and education industries for design review, training, remote presentations, retail 3D experience, and 3D e-commerce applications. The company was formerly known as ServTech Global Holdings Limited and changed its name to Vection Technologies Limited in November 2019. Vection Technologies Limited was incorporated in 2016 and is based in Osborne Park, Australia.

Financial highlights

Market Capitalization$43.937 million
P/E Ratio0
P/E Growth Ratio
Book Value0.025
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-5,936.702
Profit Margin-0.4267
Operating Margin TTM-0.2727
Return on Assets TTM-0.1075
Return on Equity TTM-0.4885
Revenue TTM26,230.292

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 4,964.81
2016-06-30 6,988.73
2017-06-30 9,808.387 9,808.387 15,154.627
2017-12-31
2018-06-30 469.868 469.868 3,699.882
2019-06-30 996.918 996.918 2,592.19
2020-06-30 2,546.879 2,546.879 4,127.616
2021-06-30 3,079.33 848.945 2,230.385 4,781.27
2022-06-30 18,170.788 11,442.905 6,727.883 12,680.228
2023-06-30 26,018.76 19,150.185 6,868.575 14,234.117

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-06-30 752.64 2,480.07 1,859.24 3
2016-06-30 6,732.473 8,315.208 1,734.943 2,109.24 800 10,272.854
2017-06-30 3,300.575 5,390.533 2,441.428 438.231 10,040.552
2018-06-30 513.754 1,729.936 2,291.122 1,140.078 10,404.332
2019-06-30 796.569 5,933.805 1,919.365 0 19,397.897
2020-06-30 1,584.715 16,227.711 10,168.346 393.42 422.19 22,376.991
2021-06-30 7,083.89 33,435.623 21,287.896 1,214.901 3,175.131 29,664.115
2022-06-30 14,869.095 40,203.719 12,226.31 1,307.617 2,501.017 45,081.391
2023-06-30 11,359.203 43,008.444 24,335.189 8,325.355 2,313.6 45,942.218

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 -238.85 246.9
2016-06-30 -224.28 -83.09 364.666
2017-06-30 -5,973.508 -3,248.21 2,935.909 364.666 3,300.575
2017-12-31 -4,434.306 3,300.575 3,300.575
2018-06-30 -3,872.777 -4,434.306 -2,786.821 3,300.575 513.754
2019-06-30 -4,420.102 -1,383.87 282.815 513.754 796.569
2020-06-30 -1,165.87 15.262 788.146 796.569 1,584.715
2021-06-30 -2,305.713 -2,324.805 5,499.175 1,584.715 7,083.89
2022-06-30 -5,640.954 -4,653.728 7,785.205 7,083.89 14,869.095
2023-06-30 -11,393.348 -7,939.205 -3,509.892 14,869.095 11,359.203