Veem
VEEM Ltd is a global leader in precision engineering and advanced manufacturing, specializing in marine propulsion and stabilization systems. The company serves the marine, defense, aerospace, and industrial sectors, delivering innovative solutions designed and manufactured in Australia. VEEM's commitment to cutting-edge technology and a skilled team ensures high-quality and reliable performance.
Short position
Veem (ASX:VEE) has 0.03% of its shares on issue reported as short positions as of 5 Oct 2026, or about 48,385 shares. Over the past 30 days that figure has fallen 0.10 percentage points, and over 90 days it has fallen 0.16 percentage points. Its highest recorded short interest was 0.53% in December 2025. VEE is classified in the Capital Goods industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Veem (VEE) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $51.7MM (source: ASX (Markit))vs $68.6MM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- NPAT
- −$17.8MM (source: ASX (Markit))vs $3.0MM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- EPS (diluted)
- −$0.12T (source: Derived: trailing 12 months at year end)vs $0.022T (source: Derived: trailing 12 months at year end) (FY25)
- Derived: trailing 12 months at year end, as at 29 Sep 2026
- Rev YoY
- −24.6%FY
- EPS YoY
- n/mTTM
- ASX (Markit)
- Derived: trailing 12 months at year end
Summary of Annual Report to shareholders, 18 Sep 2026
VEEM reported a net loss after tax of $17.8 million for FY26, down from a $3.0 million profit last year, on revenue of $51.7 million (down from $68.6 million). No dividend was declared. The company expects the return to profitability in the second half to continue into FY27, supported by increased defence activity and a recovering marine market.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2026 (FY); no balance sheet aligned with this period; prices to 9 Oct 2026
- Gross margin
- 69.7%
- Operating margin
- −2.2%
- Net margin
- −34.4%
- FCF margin
- 5.9%
- ROE
- n/a
- ROA
- n/a
- FCF conversion
- n/a
- Net debt (excl. leases)
- n/a
- Net debt / EBITDA
- n/a
- Current ratio
- n/a
- Interest cover
- −1.1×
- Cash dividends paid / net profit
- n/a
- Market cap
- n/a (no share count we can vouch for)
- P/E
- n/a
- P/B
- n/a (no share count we can vouch for)
Ratios use the reporting currency (AUD); market cap is in AUD. Sources: ASX (Markit) and Derived: trailing 12 months at year end, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $51.7MM (source: ASX (Markit)) | $68.6MM (source: ASX (Markit)) | $80.5M | $59.5M |
| Gross profit | $36.1MT (source: Derived: trailing 12 months at year end) | n/a | $44.8M | $37.6M |
| Operating income | −$1.1MT (source: Derived: trailing 12 months at year end) | n/a | $9.3M | $5.0M |
| EBITDA | −$21.2MT (source: Derived: trailing 12 months at year end) | n/a | $14.8M | $10.0M |
| EBIT | −$25.6MT (source: Derived: trailing 12 months at year end) | n/a | $9.4M | $5.9M |
| Interest expense | $1.0MT (source: Derived: trailing 12 months at year end) | n/a | $1.3M | $985.6K |
| Pretax income | −$26.6MT (source: Derived: trailing 12 months at year end) | n/a | $8.1M | $4.9M |
| Tax | −$8.8MT (source: Derived: trailing 12 months at year end) | n/a | $1.1M | $774.0K |
| NPAT | −$17.8MM (source: ASX (Markit)) | $3.0MM (source: ASX (Markit)) | $7.0M | $4.1M |
| Net interest income | −$1.0MT (source: Derived: trailing 12 months at year end) | n/a | −$1.3M | −$985.6K |
| EPS basic | −$0.12T (source: Derived: trailing 12 months at year end) | $0.022T (source: Derived: trailing 12 months at year end) | $0.051 | $0.030 |
| EPS diluted | −$0.12T (source: Derived: trailing 12 months at year end) | $0.022T (source: Derived: trailing 12 months at year end) | $0.051 | $0.030 |
| Shares | n/a | n/a | 135.8M | 135.7M |
- ASX (Markit)
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Annual Report to shareholdersAnnual Report18 Sep 2026via asx_announcements
- FY26 Financial Statements and Appendix 4EAnnual Results27 Aug 2026via asx_announcements
- Half Year Results PresentationHalf Year Results25 Feb 2026via asx_announcements
- Appendix 4D and Half Year Financial StatementsHalf Year Results25 Feb 2026via asx_announcements
- Annual Report to shareholdersAnnual Report22 Oct 2025via asx_announcements
- FY25 Financial Statements and Appendix 4EAnnual Results21 Aug 2025via asx_announcements
- Half Year Results PresentationHalf Year Results20 Feb 2025via asx_announcements
- Appendix 4D and Half Year Financial StatementsHalf Year Results20 Feb 2025via asx_announcements
- Annual Report to shareholdersAnnual Report11 Oct 2024via asx_announcements
- FY24 Financial Statements and Appendix 4EAnnual Results22 Aug 2024via asx_announcements
Showing 10 of 12 reports