Slide 1: VEEM Ltd Investor Presentation: First Half FY2021 Results
For personal use only VEEM LTD VEEM INVESTOR LTD PRESENTATION FIRST HALF FY2021 RESULTS MARCH 2020 PRESENTATION 25 FEBRUARY 2021 PRINCESS YACHTS
Slide 2: Disclaimer
DISCLAIMER THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT Past performance information in this document is given for illustration purposes only and should not be relied upon as For personal use only This document, including the information contained in this disclaimer, is not a prospect
Slide 3: Half-Year FY2021 Highlights
Half-Year FY2021 Highlights For personal use only 01 Strong revenue and profit result 02 Three year supply agreement executed with Damen Shipyards for VEEM Gyros on Damen FCS vessels 03 The second ever VG1000SD VEEM Gyro was completed as well as other deliveries to prestige European yacht builders 0
Slide 4: Half-Year FY2021 Financial Highlights
Half-Year FY2021 Financial Highlights For personal use only 01 06 Interim dividend of 0.43 cps declared based Revenue of $28.4m up 36% on PCP. on NPAT excluding JobKeeper 07 Net Sales of VEEM Gyros $3.6m, up 73% on PCP and 33% 02 on 6 months to 30 June 2020. Current orders in hand of $4m with $3m so
Slide 5: 1H FY2021 Financial Results Summary
1H FY2021 Financial Results Summary For personal use only 1H FY21 $ FY20 $ 1H FY20 Statutory JobKeeper Normalised $* Result Result Revenue 28.4 - 28.4 20.9 EBITDA 5.7 (1.5) 4.2 2.7 Profit before tax 3.5 (1.5) 2.0 0.6 NPAT 3.0 (1.1) 1.9 0.9 EPS (cents) 2.3 (0.8) 1.5 0.7 Cash Flow From Operations 3.7
Slide 6: Gyrostabilizer 1H FY2021 Highlights
Gyrostabilizer 1H FY2021 Highlights For personal use only Sales of VEEM Gyros $3.6m, up 73% on PCP and 33% on 6 months to 30 June 2020. Sale of VEEM Gyros ($m) $4.0 Three year supply agreement signed with Damen Shipyards, one of Europe’s largest shipyards producing 175 vessels per annum (see next sl
Slide 7: Significant Supply Agreement with Damen Shipyards
Significant Supply Agreement with Damen Shipyards For personal use only VEEM has signed a three-year frame agreement with Damen Shipyards for the supply of VEEM Gyros One of the Europe’s largest boatbuilders, Damen sells 175 vessels per year, including 20 FCS vessels, providing a major platform for
Slide 8: Gyrostabilizer Outlook – Sales Trend Expected to Continue
Gyrostabilizer Outlook – Sales Trend Expected to Continue For personal use only With the Damen supply agreement Superyacht market Additional stabilization enhances the Defence take-up is expected to already in place, the rapid adoption of take-up of the product is commercial argument for installing
Slide 9: Outlook – Traditional VEEM Core Businesses
Outlook – Traditional VEEM Core Businesses For personal use only PROPULSION DEFENCE ENGINEERING PRODUCTS & SERVICES • Expected to grow due to increased • FY2021 will be a solid year for defence • Continuing to bid on work across the demand globally. with the bulk of the $9 million submarine country
Slide 10: Corporate Overview
Corporate Overview For personal use only 12-MONTH SHARE PRICE PERFORMANCE Corporate Snapshot 2 Millions $1.00 ASX Code VEE 1.8 1.6 Share Price (24 Feb 2021) $0.95 $0.80 1.4 Market Capitalisation (24 Feb 2021) $125.7m 1.2 $0.60 Shares on Issue 130m 1 0.8 $0.40 Substantial Shareholders 0.6 0.4 $0.20 M
Slide 11: Contact VEEM Ltd
For personal use only Contact VEEM LTD INVESTOR PRESENTATION Mark Miocevich David Rich Simon Hinsley Managing Director CFO MARCH Investor 2020Relations & Media +61 8 9455 9355 +61 8 9455 9355 +61 401 809 653 simon@nwrcommunications.com.au @VEEM_Ltd VEEM_Ltd PRINCESS YACHTS