Investor Presentation
| Stock | Veem Ltd (VEE.ASX) |
|---|---|
| Release Time | 9 Jun 2026, 8:28 a.m. |
| Price Sensitive | Yes |
VEEM Ltd Investor Presentation
- Revenue for FY26 expected between $50m and $52m
- EBITDA for FY26 expected between $3.25m and $3.75m
- Strong cash flow from operations at $4.0m in 1HFY26
- Net debt reduced by $11.9m after net capital raise proceeds
- Strong growth expected in defence and propulsion sectors
VEEM Ltd's investor presentation highlighted the company's strong operational performance in 1HFY26, with a revenue of $23.4m and EBITDA margin of -0.7%. The company expects FY26 revenue between $50m and $52m and EBITDA between $3.25m and $3.75m. The presentation also outlined the company's strategic growth initiatives, including the launch of VEEM Extreme propellers and gyrostabilisers, expansion into the US defence market, and the commissioning of new CNC machines and a 3D printer. The company's balance sheet was fortified by a recent capital raise, resulting in a net cash position of $0.2m at 31 January 2026.
FY26 revenue between $50m and $52m, EBITDA between $3.25m and $3.75m
VEEM Ltd expects strong growth in defence and propulsion sectors, driven by new product launches and expansion into new markets, particularly the US defence market.