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Vection Technologies Ltd.
(Sydney:VR1)
Vection Technologies Ltd. (VR1) vs. iShares MSCI Australia ETF (EWA)
Vection Technologies Ltd. Business Overview & Revenue Model
Vection Technologies Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 35.17M | 32.83M | 25.33M | 17.22M | 3.08M | 2.55M |
| Gross Profit | 5.57M | 8.54M | -2.85M | -1.93M | 180.14K | 425.75K |
| EBITDA | -2.07M | -6.36M | -9.51M | -5.88M | -1.56M | -591.48K |
| Net Income | -4.56M | -9.86M | -10.82M | -6.68M | -2.41M | -1.17M |
Balance Sheet | ||||||
| Total Assets | 40.08M | 46.21M | 42.10M | 40.20M | 31.34M | 16.23M |
| Cash, Cash Equivalents and Short-Term Investments | 5.19M | 7.60M | 11.36M | 14.87M | 7.08M | 1.58M |
| Total Debt | 9.99M | 9.04M | 10.68M | 4.09M | 4.92M | 1.43M |
| Total Liabilities | 29.13M | 36.65M | 22.91M | 12.23M | 15.91M | 10.17M |
| Stockholders Equity | 11.74M | 10.40M | 19.19M | 27.98M | 15.43M | 6.06M |
Cash Flow | ||||||
| Free Cash Flow | 1.10M | 1.16M | -10.56M | -3.25M | -3.72M | -1.14M |
| Operating Cash Flow | 678.00K | 1.29M | -7.48M | -1.25M | -2.32M | -312.53K |
| Investing Cash Flow | -4.69M | -3.31M | -3.09M | -2.02M | 908.47K | 273.36K |
| Financing Cash Flow | 1.69M | -1.90M | 6.69M | 11.44M | 7.20M | 776.10K |
Vection Technologies Ltd. Technical Analysis
Vection Technologies Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥228.59B | 14.33 | 7.64% | 2.71% | 9.13% | 8.49% | |
56 Neutral | AU$50.22M | ― | -13.67% | ― | -18.79% | -28.57% | |
55 Neutral | AU$57.85M | ― | -45.31% | ― | -28.80% | 32.87% | |
50 Neutral | AU$35.21M | ― | ― | 0.40% | 66.36% | ||
46 Neutral | AU$65.39M | ― | -44.01% | ― | 21.55% | 64.76% | |
44 Neutral | AU$21.37M | ― | -24.21% | ― | -11.35% | -49.13% | |
38 Underperform | AU$47.22M | ― | -131.93% | ― | 15.31% | 61.52% |
Vection Technologies Ltd. Corporate Events
Vection Technologies Ltd has appointed Hall Chadwick WA Audit Pty Ltd as its new auditor following the resignation of RSM Australia Partners. This change, approved by ASIC, aligns with the company’s audit partner rotation and tendering process. The appointment will be confirmed at the next General Meeting, reflecting Vection’s commitment to maintaining robust financial oversight.
Vection Technologies Ltd has secured a $4.4 million supply order from a top global defense contractor, following a successful pilot program. This order, which contributes to a cumulative revenue of approximately $10 million from the customer, marks a significant step in Vection’s involvement in the NATO Tempest production chain, validating its INTEGRATEDXR platform for real-time, data-driven defense operations. The company anticipates further contracts worth $21 million between FY26 and FY30, highlighting the growing demand for AI-powered monitoring solutions amid increasing geopolitical tensions.
Vection Technologies Ltd has signed a $2.6 million agreement with Area12 Consulting to co-develop an AI-driven safety compliance platform called SAFE-XR for an industrial client in Italy. This collaboration, which builds on a previous $0.5 million annual software agreement, highlights Vection’s growing capabilities in AI and XR solutions for industrial safety and automation. The project strengthens Vection’s position in AI-driven compliance amid increasing global regulations, offering a scalable solution that integrates smart glasses for hands-free inspections and real-time voice interaction. Revenue from the agreement will be recognized in phased milestones throughout FY26, with a three-year support term.
Vection Technologies Ltd. announced a change in the director’s interest, specifically the lapse of 4,000,000 performance rights held by Mr. Gianmarco Biagi. This change reflects a strategic adjustment in the director’s securities, potentially impacting the company’s governance and signaling a shift in focus or strategy to stakeholders.
Vection Technologies Ltd announced the issuance of 200,000 fully paid ordinary shares following the conversion of VR1O options, in compliance with section 708A(5) of the Corporations Act 2001. This move allows the company to issue shares without disclosure, aligning with regulatory requirements, and potentially impacts its financial positioning and shareholder value.
Vection Technologies Ltd has announced the quotation of 200,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code VR1. This move indicates the company’s ongoing efforts to enhance its market presence and potentially increase its capital base, which could have implications for its operational capabilities and stakeholder interests.
Vection Technologies Ltd announced the cessation of 23,295,611 performance rights due to the lapse of conditional rights, as the conditions were not met or have become incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders regarding the company’s future financial strategies and market positioning.
Vection Technologies Ltd has entered into a $520,000 strategic partnership with Rider Srl, part of the Procmatech Group, to co-develop the ACRobot® modular robotics platform for open-field agriculture. This collaboration aims to combine Vection’s AI capabilities with Rider’s mechanical engineering expertise to create a versatile robotic system for precision farming, which is projected to become a multi-billion-dollar market by 2030. The ACRobot® platform is designed to enhance farming efficiency and sustainability and can be adapted for use in other sectors such as logistics and healthcare, addressing global demands for AI-driven automation.
Vection Technologies Ltd has announced significant growth with a 60% increase in revenues, driven by its proprietary software platform, INTEGRATEDXR, which integrates multiple applications into client operations. The company is focused on earnings-additive acquisitions and has implemented internal cost efficiency and debt reduction initiatives, positioning itself as a leader in the growing market of Spatial Computing and AI.
Vection Technologies Ltd has announced an investor webinar scheduled for June 10, where Managing Director and CEO Gianmarco Biagi will discuss the company’s strategies for addressing real-world business challenges in the digital realm. This event offers shareholders and potential investors an opportunity to engage with the company through a moderated Q&A session, reflecting Vection Technologies’ commitment to transparency and stakeholder engagement.
Vection Technologies Ltd has secured a $1 million order from a client in the defense sector, highlighting a growing collaboration. The contract involves a secure ICT solution to enhance cyber and data protection for national security intelligence, with deployment starting immediately. This deal strengthens Vection’s position in the defense, space, military, and law enforcement segments, paving the way for future scalable projects.
Vection Technologies Ltd has announced a strategic partnership with Area 12 Consulting, securing a $0.5 million annual commitment for its Algho AI software licenses and related services. This partnership not only guarantees a consistent revenue stream but also expands Vection’s presence in the generative AI market by offering advanced conversational and process automation tools to enterprises. The collaboration is a significant step in Vection’s mission to integrate AI into business practices, enhancing its position as a key player in the generative AI field.
Vection Technologies Ltd has completed the issuance of 236,666,668 fully paid ordinary shares and 128,983,334 VR1O listed options as part of a placement announced on April 29, 2025. This issuance was conducted under the company’s available capacity according to Listing Rule 7.1 and 7.1A, allowing the shares and options to be sold without disclosure under specific sections of the Corporations Act. This move is expected to enhance the company’s financial flexibility and market positioning.
Vection Technologies Ltd has announced the application for quotation of new securities on the ASX, including 236,666,668 ordinary fully paid shares and 128,983,334 options expiring in November 2027. This move is part of previously announced transactions and may enhance the company’s market presence and liquidity, potentially impacting its stakeholders positively.
Vection Technologies Ltd has been awarded a $1.2 million grant to lead Project ADDICTA, a digital-twin initiative in the food and beverage industry funded by Italy’s National Recovery and Resilience Plan. The project aims to enhance factory digitalization by using sophisticated sensors and Vection’s INTEGRATEDXR stack to provide real-time product intelligence, reducing waste and increasing efficiency. The project will be completed over eight months, with the platform eventually offered as a subscription service to small and mid-sized manufacturers, potentially expanding Vection’s market influence and creating new intellectual property without financial outlay.
Vection Technologies Ltd announced a proposed issue of securities, including 128,983,333 options expiring in 2027 and 236,666,667 fully paid ordinary shares, with the issue date set for May 6, 2025. This move is likely aimed at raising capital to support the company’s growth and expansion efforts, potentially enhancing its market position and providing value to stakeholders.
Vection Technologies announced a successful $3.55 million capital raise, exceeding its initial target of $2 million, following strong Q3 results. This funding highlights investor confidence in Vection’s AI-driven recurring-revenue strategy and will be used to accelerate AI-driven spatial computing efforts and market expansion in defense, industrial, and telecom sectors. The company reported a significant increase in cash receipts and recurring revenue, showcasing the scalability of its business model.
Vection Technologies Ltd reported strong financial performance in Q3 FY25, with significant revenue growth and positive operating cash flow. The company achieved a 92% increase in cash receipts and improved its recurring revenue to 40% of total revenue. Notable achievements include QuestIT being recognized by Gartner, securing defense contracts, and expanding global distribution. The company also strengthened its board and continues to explore growth opportunities, positioning itself well for future expansion.
Vection Technologies Ltd has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move is aimed at supporting the expansion of its AI business and developing new markets, which could significantly impact its operations and market positioning.
Vection Technologies Ltd has announced that its recently acquired generative AI specialist, The Digital Box S.p.A. (TDB), has secured an additional $0.6 million in annual recurring contracts, bringing TDB’s total recurring revenue to $1.3 million. This achievement underscores the market’s confidence in Vection’s generative AI products and highlights the company’s successful strategy of integrating advanced AI with extended reality to meet digital transformation needs across various industries. The new contracts involve 14 clients, including notable agreements with NexyLab and Sella GenAI, and demonstrate the adaptability of Vection’s integrated solutions.