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Veem Ltd
(Sydney:VEE)
Veem Ltd (VEE) vs. iShares MSCI Australia ETF (EWA)
Veem Ltd Business Overview & Revenue Model
Veem Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 68.63M | 68.62M | 80.53M | 59.54M | 54.20M | 59.45M |
| Gross Profit | 25.46M | 40.80M | 44.75M | 10.26M | 6.55M | 9.92M |
| EBITDA | 8.06M | 6.64M | 14.78M | 9.95M | 6.14M | 10.32M |
| Net Income | 3.00M | 3.02M | 6.99M | 4.11M | 1.27M | 4.91M |
Balance Sheet | ||||||
| Total Assets | 97.22M | 97.22M | 93.97M | 91.50M | 80.80M | 70.28M |
| Cash, Cash Equivalents and Short-Term Investments | 813.36K | 813.36K | 170.56K | 2.42M | 2.63M | 2.23M |
| Total Debt | 22.32M | 22.32M | 21.98M | 26.17M | 21.67M | 20.04M |
| Total Liabilities | 42.93M | 42.93M | 41.68M | 44.68M | 37.20M | 33.66M |
| Stockholders Equity | 54.29M | 54.29M | 52.28M | 46.82M | 43.60M | 36.62M |
Cash Flow | ||||||
| Free Cash Flow | 3.98M | 3.33M | 5.13M | 933.08K | -2.43M | 2.74M |
| Operating Cash Flow | 4.29M | 4.27M | 8.36M | 6.12M | 2.52M | 6.29M |
| Investing Cash Flow | -1.74M | -1.74M | -3.23M | -5.19M | -4.82M | -3.55M |
| Financing Cash Flow | -4.42M | -4.42M | -7.38M | -1.17M | 2.59M | -4.05M |
Veem Ltd Technical Analysis
Veem Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$42.95M | 9.54 | 20.77% | 4.00% | 66.80% | 625.00% | |
64 Neutral | $2.65B | 26.68 | 7.54% | ― | 24.13% | 474.03% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | AU$195.61M | 60.36 | 5.66% | 1.03% | -14.88% | -56.89% | |
51 Neutral | $903.02M | 26.18 | -28.75% | ― | -72.88% | ― | |
45 Neutral | AU$20.94M | -3.24 | -25.77% | ― | 4.84% | -12.12% | |
38 Underperform | AU$26.86M | ― | -42.31% | ― | -34.48% | -26000.00% |
Veem Ltd Corporate Events
VEEM Limited has launched its most efficient propulsion system, the VEEM Extreme propulsion package, which promises up to 18.1% fuel efficiency gains. The package includes a propeller, twisted rudder, and shaft line made from a proprietary high-tensile alloy, offering significant improvements in fuel consumption, speed, and carbon footprint. The system has been tested by Lloyd’s Register, and early adoption by Manly Fast Ferries indicates strong market interest, with plans to convert additional vessels to the new system.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
Veem Ltd has released its annual report, highlighting its continued commitment to innovation in marine propulsion and stabilization systems. The report underscores the company’s strategic positioning in the market and its focus on enhancing operational efficiencies, which is likely to have positive implications for stakeholders and strengthen its industry standing.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
Veem Ltd has released its Corporate Governance Statement, detailing its adherence to the ASX Corporate Governance Council’s Principles and Recommendations. The company has adopted a Corporate Governance Plan that outlines the roles and responsibilities of its Board and management, and has decided not to form individual Board committees due to its current size and operations. Instead, the full Board carries out these duties collectively. This approach reflects the company’s belief that its existing Board’s experience and skills are sufficient for its governance needs at this stage.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited has announced that its Annual General Meeting will take place on November 27, 2025, at its gyrostabilizer facility in Canning Vale, Western Australia. Shareholders are invited to attend a tour of the company’s manufacturing facilities before the meeting, with an additional tour of the gyrostabilizer facility offered afterward. This event provides an opportunity for stakeholders to engage with the company’s operations and management, potentially enhancing transparency and investor relations.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited announced that its Annual General Meeting will be held on 27 November 2025, with a facility tour offered to shareholders and guests. This announcement highlights VEEM’s engagement with its stakeholders and its ongoing efforts to showcase its manufacturing capabilities. The event provides an opportunity for shareholders to gain insights into the company’s operations and future directions, potentially strengthening its market positioning and stakeholder relations.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited has issued 10,000,000 new fully paid ordinary shares at $1.30 each to institutional and sophisticated investors as part of a placement announced on 30 September 2025. This move is expected to strengthen the company’s financial position and enhance its market presence, potentially impacting its operations and stakeholder interests positively.
The most recent analyst rating on (AU:VEE) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
Veem Ltd has announced the appointment of David Singleton as a director, effective from September 30, 2025. The initial director’s interest notice indicates that Singleton currently holds no relevant interests in securities, either as a registered holder or otherwise, and has no interests in contracts related to the company.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
Veem Ltd has announced a proposed issue of 10,769,231 ordinary fully paid securities, with a planned issue date of October 8, 2025. This move is part of a placement or other type of issue, as per the company’s announcement to the ASX. The issuance of these securities is intended to be quoted on the ASX, potentially impacting the company’s market operations and positioning.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
Veem Ltd has released a document related to a capital raise presentation, emphasizing that it is not an offer or advertisement for securities. The document highlights that it does not constitute a recommendation or invitation to purchase shares and underscores the absence of liability for the information provided. The release also includes disclaimers about forward-looking statements, emphasizing the inherent risks and uncertainties, and advises potential investors to conduct their own assessments.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited announced the appointment of David Singleton as an independent Non-Executive Director, effective 30 September 2025, while Michael Bailey will retire at the 2025 AGM. Singleton brings over 40 years of engineering and leadership experience, particularly in the defence sector, which aligns with VEEM’s strategic focus on expanding its defence market involvement. His appointment is expected to provide valuable insights and contribute to VEEM’s growth in international defence markets, enhancing its industry positioning.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited has successfully completed a $14 million placement to accelerate its growth in the defense sector. The funds will be used to strengthen working capital and balance sheet, as well as to capitalize on increasing defense expenditure. VEEM has signed a 9-year Manufacturing Licence Agreement with Northrop Grumman, valued initially at up to US$33 million, allowing it to supply parts for the Virginia Class submarine program. Additionally, VEEM has achieved Level 1 accreditation with Huntington Ingalls Incorporated, positioning itself as a key supplier in the U.S. defense industry. These developments enhance VEEM’s market positioning and offer significant opportunities for growth within the global defense sector.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited has requested a trading halt on its securities as it prepares to announce a proposed capital raising and a significant customer contract. This strategic move is expected to impact the company’s operations and market positioning, potentially influencing stakeholder interests and future growth prospects.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.
VEEM Limited has achieved approved supplier status with Huntington Ingalls Incorporated Newport News Shipbuilding, a significant milestone that allows it to receive requests for quotations for the US Submarine Industrial Base. This achievement, facilitated by the Australian Submarine Supplier Qualification program, positions VEEM to enter the US defense supply chain, enhancing its reputation and opening new business opportunities in the defense sector.
The most recent analyst rating on (AU:VEE) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Veem Ltd stock, see the AU:VEE Stock Forecast page.