Veem Ltd. · ASX:VEE
Veem — Investor Presentation (June 2026)
27 slides from Veem's investor presentation, Jun 9, 2026
Slide 1: Roadshow Investor Presentation
For personal use only VEEM LTD ROADSHOW INVESTOR PRESENTATION PRESENTATION MARCH 2020 9 JUNE 2026 PRINCESS YACHTS
Slide 2: Disclaimer
DISCLAIMER THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT PAST PERFORMANCE This document, including the information contained in this disclaimer, is not a prospectus, product disclosure Past performance information in this document is given for illustration purposes only and should not
Slide 3: Agenda
AGENDA 1. 1HFY26 Highlights For personal use only 2. Executive Summary 3. Financial Results 4. Operational Performance 5. Outlook 6. Q&A 3
Slide 4: Introduction to VEEM
INTRODUCTION TO VEEM • Defence – trusted partner to the Australian defence sector since 1987, delivering Founded in 1968, VEEM has experienced strong and over $250m of defence work. USA defence supply chain entry underway providing profitable growth over decades, and listed on the ASX in access to a
Slide 5: 1HFY26 Highlights
1HFY26 HIGHLIGHTS REVENUE TOTAL ACTIVITY1 EBITDA $23.4m -$0.2m For personal use only (Guidance $24m – $26m) $23.3m (Guidance -$1m – $1m) Cash Net Debt Undrawn Facilities $9.1m $1.8m $8.8m Operating EBITDA Interim Cashflow Margin Dividend $4.0m -0.7% Nil 1. Total Activity = Sales + change in WIP 5
Slide 6: Executive Summary
EXECUTIVE SUMMARY • VEEM’s revenue for FY26 is expected to be between $50m and $52m showing an improvement on 1HFY26 led by Defence and in particular fulfilment of ASC orders. • EBITDA for FY26 is expected to be between $3.25m and $3.75m with For personal use only 2HFY26 EBITDA improving from $-0.2m
Slide 7: Long Term Growth Trajectory
LONG TERM GROWTH TRAJECTORY Annual Revenue Since Listing EBITDA Since Listing For personal use only 18% 80,000,000 14000 000 16% 70,000,000 12000 000 14% 60,000,000 10000 000 12% 50,000,000 10% 8000 000 $ $ 40,000,000 8% 6000 000 30,000,000 6% 4000 000 4% 20,000,000 2000 000 2% 10,000,000 - 0% FY17
Slide 8: Our Products and Markets
OUR PRODUCTS AND MARKETS World’s best technology with large target markets, using automation and robotics to manufacture efficiently in Australia For personal use only PROPULSION DEFENCE GYROSTABILISERS ENGINEERING • World’s best performing propellers • Defence supplier for over 30yrs • Only major s
Slide 9: Financial Results
For personal use only VEEM LTD INVESTOR PRESENTATION MARCH 2020 FINANCIAL RESULTS PRINCESS YACHTS
Slide 10: 1HFY26 Profit
1HFY26 PROFIT FY26 – A transition year laying the foundation for higher future revenue and profitability Q2FY26 expected propeller revenue trough with signs of improvement to marine market in Q3FY26 continuing into Q4FY26. For personal use only 1HFY25 1HFY24 % Change A$mil. A$mil. VEEM Extreme enqui
Slide 11: Balance Sheet Dec
BALANCE SHEET 31 DEC 25 Fortified balance sheet post capital raising $13.1m net proceeds of capital raising strengthened balance sheet and 31 Dec 30 June For personal use only provided platform for investment into defence. 2025 2025 % Change A$mil. A$mil. The Company held cash on hand of $9.1m at 31
Slide 12: Cash Flow 1HFY26
CASH FLOW 1HFY26 Underlying business underpins solid cash flow Cashflows from operations of $4.0m (1HFY25: $1.8m) were very strong as a For personal use only result of commencement of the next phase of the ASC contract. 1HFY25 1HFY24 % Change A$mil. A$mil. $14m (before costs) raised via the issue of
Slide 13: Net Debt – 1HFY26
NET DEBT – 1HFY26 Capital raising significantly reduces net debt $13.1m net proceeds received from capital raising conducted during the half year. For personal use only 31 Jan 26 31 Dec 25 30 Jun 25 A$mil.2 A$mil. A$mil. Net debt further decreased post the end of the half-year with the company movin
Slide 14: Operational Highlights
For personal use only VEEM LTD INVESTOR PRESENTATION OPERATIONAL MARCH 2020 HIGHLIGHTS PRINCESS YACHTS
Slide 15: Propulsion
PROPULSION Propulsion (non defence) sales of $13.0m in 1HFY26 were down 9% on 1HFY25 with signs of improvement in the marine market in late 1HFY26 continuing into 2HFY26 with increased orders. For personal use only The new world beating VEEM Extreme propellers and shaft lines were launched to limite
Slide 16: Defence
DEFENCE Defence revenue of $3.7m in 1HFY26 was down 49% on the corresponding period largely as a result of the delay in receipt of ASC orders until late in the half which are being delivered on in 2HFY26 and will drive significantly increased Defence revenue in 2HFY26 flowing into FY27. For personal
Slide 17: Gyrostabilisers
GYROSTABILISERS For personal use only Revolutionary, next generation Mark III gyro launched during 1HFY26. Key features include: • New oiling system (Patent pending) – Elimination of seals means no scheduled maintenance and 20% less power usage. • Custom low friction bearings – 20% additional reduct
Slide 18: Gyrostabilisers: Mark II vs Mark III
GYROSTABILISERS Mark II vs Mark III – Simpler - Better For personal use only Mark II vs Mark III pictured at recent Indian Ocean Defence and Security Conference – Perth – 26-28 May 2026 18
Slide 19: Engineering Products and Services
ENGINEERING PRODUCTS AND SERVICES For personal use only Engineering products and services revenue (excluding defence) of $8.2m in 1HFY26 was down 5% and remained solid in the context of a large 13% increase in 1HFY25. VEEM’s traditional engineering business focuses on foundry-led, precision engineer
Slide 20: Factory Extension
FACTORY EXTENSION For personal use only Construction of factory extension complete and hand over imminent (~1,000m2). 3 CNC machines on order to be delivered imminently with installation & commissioning to follow. Capacity exists beyond the current 3 machines for continued expansion of machines and
Slide 21: Outlook
For personal use only VEEM LTD INVESTOR PRESENTATION MARCH 2020 OUTLOOK PRINCESS YACHTS
Slide 22: Outlook – Propulsion & Defence
OUTLOOK – PROPULSION & DEFENCE PROPULSION DEFENCE For personal use only • Global demand for propellers expected to continue to increase. • Defence remaining strong as orders received from ASC continue to be delivered into FY27. • Monitoring impact of Middle East conflict. • Continued qualification w
Slide 23: Outlook – Gyro & Engineering
OUTLOOK – GYRO & ENGINEERING GYROSTABILISERS ENGINEERING GENERAL For personal use only • Mark III marketing and availability to drive sales in FY27. • Steady demand expected to continue. • Benefits of reduced overhead flowing. • Growth expected in existing commercial and recreational sectors. • 3D p
Slide 24: Trading Update
TRADING UPDATE • FY26 revenue is expected to be between $50m and $52m. For personal use only • FY26 EBITDA is expected to be between $3.25m and $3.75m. • 30 June 2026 cash balance expected to be consistent with 31December 2025. • 2HFY26 recovery led by defence and propellers, in particular defence d
Slide 25: Q&A
For personal use only Q&A 25
Slide 26: Corporate Overview
CORPORATE OVERVIEW Corporate Snapshot VEE Share Price History For personal use only ASX Code VEE 2.0 2,500,000 1.8 Share Price (5 June 2026) $0.45 1.6 2,000,000 1.4 Market Capitalisation (5 June 2026) $66.0m 1.2 1,500,000 1.0 Shares on Issue 147m 0.8 1,000,000 0.6 0.4 500,000 Substantial Shareholder
Slide 27: Contact VEEM Ltd
For personal use only CONTACT VEEM LTD INVESTOR PRESENTATION Mark Miocevich Tino Kapfumo Trevor Franz MARCH 2020 Managing Director CFO & Co Sec Investor Relations +61 8 9455 9355 +61 8 9455 9355 Trevor.franz@lgcapital.com.au +61 406 882 736 @VEEM_Ltd VEEM_Ltd This ASX announcement was authorised for