Veem Ltd. · ASX:VEE

Veem — Shareholder Meeting (November 2019)

15 slides from Veem's shareholder meeting presentation, Nov 26, 2019

  1. Slide 1: Managing Director's Presentation

    VEEM Ltd Annual General Meeting 26 November 2019 AGM Presentation 26 November 2019 Managing Director’s Presentation

  2. Slide 2: Disclaimer

    Disclaimer THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT This document, including the information contained in this disclaimer, is not a prospectus, product disclosure statement or other disclosure document and does not constitute, or form any part of, an offer to sell, or a solicitati

  3. Slide 3: Overview

    Overview VEEM Ltd is a high-technology manufacturer of stabilization and propulsions systems.  VEEM is a company that is:  An established and highly regarded industry leader with disruptive technology.  Passionate about design and engineering excellence.  Financially strong with a long history o

  4. Slide 4: Company Overview

    Company Overview The VEEM Board VEEM Key Management VEE Brad Miocevich David Rich ASX Code Chairman Chief Financial Officer Co Company Secretary Mark Miocevich Managing Director & CEO Tracy Caudwell $0.545 Ian Barsden Finance and Admin Manager Share Price Non-Executive Director Co Company Secretary

  5. Slide 5: Our Business

    OUR BUSINESS 5

  6. Slide 6: Gyroscopic Stabilizers

    Gyroscopic Stabilizers VEEM Gyros stabilize vessels across the entire speed range and all sea conditions. VEEM Gyro Range Size Model Torque Boat size (approx. per 1 unit) Small VG120SD 120k Nm 25 to 30m Small VG145SD 145k Nm 30 to 35m Medium VG260SD 260k Nm 35 to 45m Large VG1000SD 1,000k 45 to 60m

  7. Slide 7: VEEM Propellers

    VEEM Propellers  World’s most advanced CNC fixed pitch propellers.  Able to operate at higher speeds - up to 54 knots.  Significantly smoother and quieter in operation.  More fuel efficient.  VEEM patented “Interceptor” pitch changing technology.  Eliminates the expense of lifting boats out of

  8. Slide 8: Propulsion Packages

    Propulsion Packages Shaftline packages now moving into commercial phase.  New software to auto calculate, design and draw shaft lines completed and in use.  Software provides minimal cost designs for shaft lines to all major surveying authorities.  Opportunity to provide a new disruptive technolo

  9. Slide 9: FY19 Financial Result

    FY19 FINANCIAL RESULT

  10. Slide 10: FY19 Financial Result

    FY19 FINANCIAL RESULT FY19 was another productive and profitable year for VEEM Ltd.  Due to the cyclical nature of the submarine refit FY18 FY19 program, revenue for FY2019 was impacted by lower sales in this area, however other sales in the Operating Revenue $40.71m $44.9m Company's traditional se

  11. Slide 11: Market Update

    MARKET UPDATE 11

  12. Slide 12: Market Update

    Market Update VEEM Gyros  $5,400,000 AUD orders currently in hand for delivery this financial year.  First VG1000SD, our largest gyro, to Damen Ships to be delivered Jan 2020.  Inquiries have change from what is it? To what size do I need and how much?  Seeing repeat orders commencing - Van de V

  13. Slide 13: Market Update cont.

    Market Update cont. Defence  Full cycle submarine docking valve orders expected next month.  Pacific Patrol Boat shaft line won, tender process underway with OPV, Future Frigate and new Subs. Pre qualified on all defence projects.  Fin ride control and defence work load is strong for FY2020. Prop

  14. Slide 14: Summary

    Summary Goal is total world domination for marine propulsion and gyro stabilization  Market traction and engagement with key OEMs growing, Gyro orders at $5.4M AUD FYTD and expected to increase.  Defence component remains strong – PPB contract award, VEEM pre qualified and tendering on all project

  15. Slide 15: ASX : VEE

    ASX : VEE

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