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Company price
0.48 AUD -0.01 ( 3.03%)
Last update at 2026-11-06T03:36:00Z
VOLUME
50670
Market Cap
72.64M

Momentum Score

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VEEM Ltd designs, produces, markets, and sells precision engineered products in Australia, the United States, Sweden, Italy, and the United Kingdom. It offers hollow bars, propellers, shaft lines, gyrostabilizers, and marine ride control fins, as well as propulsion systems. The company also provides engineering services, including industrial balancing, pattern making, machining, driveshafts, testing, and electroless nickel plating. It serves the marine, defense, mining, aerospace, and industrial sectors. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.

Source: TradingView
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Day Price Range
0.48
Low
0.48
High
52 Week Price Range
0.45
Low
1.23
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Veem Ltd (ASX: VEE) is an Australia-listed company for which publicly available disclosures are limited; available materials do not clearly describe its core business, industry positioning, or growth drivers. Because of sparse information, it is not possible to reliably assess long-term prospects, competitive advantages, or major growth drivers from public sources.
The principal investment risk is the lack of transparent public disclosure and current financial information, which could hide operational, regulatory, or financing challenges and increases informational and execution risk for investors.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.49
Dividend Yield
-
Revenue TTM
51.73M
Revenue Per Share
0.36
Gross Profit TTM
34.79M
Debt / Equity
0.34
ROE
-34.27%
Net Debt
7.53M
ROCE
-1.59%
Diluted EPS TTM
-0.12

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -26.58M 3.06M 8.10M 4.89M 1.40M
Net income -17.81M 3.02M 6.99M 4.11M 1.27M
Selling general administrative - 28.57M 24.94M 24.56M 22.62M
Selling and marketing expenses - 0.95M 0.72M 0.56M 0.30M
Gross profit 5.69M 40.80M 44.75M 37.60M 31.99M
Reconciled depreciation - - 5.37M 4.08M 4.02M
Ebit -1.07M 4.16M 9.41M 5.87M 2.05M
Ebitda 3.29M 6.64M 14.78M 9.95M 6.07M
Depreciation and amortization 4.36M 2.48M 5.37M 4.08M 4.02M
Operating income -1.07M 10.58M 9.34M 5.88M 2.13M
Other operating expenses 52.56M 58.04M 71.18M 53.71M 52.21M
Interest expense 1.07M 1.31M 1.31M 0.99M 0.65M
Tax provision - 0.04M 1.11M 0.77M 0.13M
Interest income - 1.10M 1.35M 0.99M 0.74M
Net interest income - - -1.31M -0.99M -0.65M
Income tax expense -8.76M 0.04M 1.11M 0.77M 0.13M
Total revenue 51.49M 68.62M 80.53M 59.54M 54.20M
Total operating expenses 6.75M 30.22M 35.41M 32.56M 30.17M
Cost of revenue 45.80M 27.83M 35.77M 21.94M 22.21M
Total other income expense net -25.51M -7.52M -1.24M 0.83M 0.23M
Net income from continuing ops - - 6.99M 4.11M 1.27M
Net income applicable to common shares - 3.02M 6.99M 4.11M 1.27M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 82.54M 97.22M 93.97M 91.50M 81.06M
Intangible assets 0.08M 0.35M - 21.02M 18.05M
Other current assets 0.56M 2.23M 1.26M 1.34M 1.19M
Total liab 32.87M 42.93M 41.68M 44.68M 37.46M
Total stockholder equity 49.67M 54.29M 52.28M 46.82M 43.60M
Deferred long term liab - - - 20.79M 17.81M
Other current liab 6.30M 7.10M 5.76M 11.91M 8.18M
Common stock 24.80M 11.66M 11.54M 11.51M 11.51M
Capital stock - - - 11.51M 11.51M
Retained earnings 24.49M 42.30M 40.60M 35.35M 32.07M
Other liab - - - 8.01M 5.82M
Other assets - - - 4.27M 20.67M
Cash 9.37M 0.81M 0.17M 2.42M 2.63M
Total current liabilities 15.52M 20.66M 16.56M 16.79M 12.85M
Current deferred revenue - - - -6.28M -6.15M
Net debt 7.53M 21.51M 21.81M 23.75M 19.03M
Short term debt 4.41M 8.14M 4.52M 6.28M 2.88M
Short long term debt - - - 4.63M 1.39M
Short long term debt total 16.91M 22.32M 21.98M 26.17M 21.67M
Other stockholder equity - - - -46.86M -43.58M
Property plant equipment - - - 31.20M 28.22M
Total current assets 47.07M 43.05M 39.24M 35.01M 31.93M
Net tangible assets - - - 46.59M 43.36M
Net receivables 12.43M 13.81M 13.56M 10.11M 10.33M
Long term debt - - - 4.43M 8.12M
Inventory 24.71M 26.19M 24.25M 20.94M 17.59M
Accounts payable 4.81M 5.42M 6.29M 4.88M 7.95M
Accumulated other comprehensive income 0.38M 0.32M 0.14M -0.04M 0.02M
Non currrent assets other - 22.85M 21.90M -31.44M -28.47M
Non current assets total 35.47M 54.17M 54.73M 56.49M 49.13M
Capital lease obligations - - - 11.03M 12.16M
Long term debt total - - - 19.89M 18.79M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -3.23M -5.19M -4.82M
Change to liabilities - - - 0.52M 0.50M
Total cashflows from investing activities -1.10M -1.74M -3.23M -5.19M -4.82M
Net borrowings - - -2.12M -0.34M -3.10M
Total cash from financing activities 7.38M -4.42M -7.38M -1.17M 2.59M
Change to operating activities - - - 0.29M 0.14M
Net income -17.81M 3.02M 6.99M 4.11M 1.27M
Change in cash 8.56M -1.89M -2.25M -0.21M 0.40M
Begin period cash flow 0.81M 0.17M 2.42M 2.63M 2.23M
End period cash flow 9.37M -1.72M 0.17M 2.42M 2.63M
Total cash from operating activities 4.84M 4.27M 8.36M 6.12M 2.52M
Issuance of capital stock - - - - 6.37M
Depreciation 4.36M 4.89M 5.37M 3.80M 4.02M
Other cashflows from investing activities 0.66M -0.81M -1.93M 0.00M 0.12M
Dividends paid - -1.36M -1.74M 0.83M 0.68M
Change to inventory 2.98M -3.94M -3.57M -3.65M -4.60M
Change to account receivables 1.65M -0.64M -3.09M -0.04M 0.99M
Sale purchase of stock - - - 0.00M -3.90M
Other cashflows from financing activities -1.89M - -1.66M 0.86M 2.59M
Change to netincome - - - 0.05M -0.17M
Capital expenditures 1.36M 0.93M 3.23M 5.19M 4.95M
Change in working capital -6.56M -4.50M -4.11M -3.69M -3.61M
Stock based compensation - 0.22M 0.07M 0.04M 0.02M
Other non cash items 24.86M 0.64M 0.05M -1.79M -2.77M
Free cash flow 3.48M 3.33M 5.13M 0.93M -2.43M

Peer Comparison*

Sector: Industrials Industry: Aerospace & Defense

Stock Name
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
-0.01
3.03%
0.48 - - 1.40 1.48 1.57 26.46
ASB
Austal Ltd
-0.09
2.09%
4.22 - 6.49 0.90 1.44 0.87 11.18
EOS
Electro Optic Systems Holdings Ltd
-0.34
4.62%
7.02 - 50.25 6.45 4.03 5.67 41.22
DRO
Droneshield Ltd
-0.04
2.67%
1.27 - 1666.67 4.49 3.94 3.89 110.01
INN
Innovaero Technologies Limited
-0.01
4.55%
0.32 - 357.14 10.38 1.88 6.11 -

Profile*

Veem Ltd

VEEM Ltd designs, produces, markets, and sells precision engineered products in Australia, the United States, Sweden, Italy, and the United Kingdom. It offers hollow bars, propellers, shaft lines, gyrostabilizers, and marine ride control fins, as well as propulsion systems. The company also provides engineering services, including industrial balancing, pattern making, machining, driveshafts, testing, and electroless nickel plating. It serves the marine, defense, mining, aerospace, and industrial sectors. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.

22 Baile Road, Canning Vale, WA, Australia, 6155

61 8 9455 9355

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 - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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