Veem Ltd. · ASX:VEE
Veem — Investor Presentation (June 2022)
12 slides from Veem's investor presentation, Jun 16, 2022
Slide 1: VEEM Ltd Investor Update – Morgans WA Investor Tour
VEEM LTD INVESTOR PRESENTATION MARCH 2020 VEEM LTD INVESTOR UPDATE MORGANS WA INVESTOR TOUR 16 JUNE 2022 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: What does VEEM do?
What does VEEM do? • VEEM is a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries. • From a precision engineering background, over decades VEEM has developed it
Slide 4: Gyrostabilizers
Gyrostabilizers • VEEM holds the dominant position as the only major supplier in the large marine gyrostabilizer market, which is estimated at US$1.1bn for new builds and US$13.5bn for retrofits (current fleet)*. • Significant capital investment and intellectual expertise requirements now provide ma
Slide 5: Propulsion
Propulsion • Demand expected to continue to grow due to increased demand globally. Many yards booked out to 2023-4. • Increased propeller manufacturing capability by installing two new propeller CNC machining centres and re allocating a third CNC machining centre from the industrial division. • Rece
Slide 6: Defence
Defence • Deliveries for the next Collins Class full-cycle docking order have commenced along with normal levels of spares. The total order is in excess of $9m with deliveries through to the end of FY23. Collins Class submarines will continue well into the 2040s with a life of type extension program
Slide 7: Hollow Bar & Engineering On-Demand
Hollow Bar & Engineering On-Demand HOLLOW BAR/FOREVER PIPE ENGINEERING ON-DEMAND • Increased resources now active in the sales and marketing • Continuing to bid on, and win, work across the country where of this product range within the mining sector. utilisation of the Company’s foundry-led precisi
Slide 8: Summary Update
Summary Update • VEEM holds the dominant position as the only major supplier in the large marine gyro market, which is estimated at US$1.1bn for new builds and US$13.5bn for retrofits (current fleet). In FY22 to date VEEM has sold $3.5m of gyros and has orders on hand of $3.1m. FY22 sales are expect
Slide 9: Q&A
Q&A 9
Slide 10: Appendices
VEEM LTD INVESTOR PRESENTATION MARCH 2020 APPENDICES PRINCESS YACHTS
Slide 11: Corporate Overview
Corporate Overview Corporate Snapshot 12-MONTH SHARE PRICE PERFORMANCE $1.60 3.5 Millions ASX Code VEE $1.40 3.0 Share Price (10 June 2022) $0.58 $1.20 2.5 $1.00 Market Capitalisation (10 June 2022) $80m 2.0 $0.80 Shares on Issue 136m 1.5 $0.60 1.0 $0.40 Substantial Shareholders 0.5 $0.20 Miocevich
Slide 12: Contact
Contact VEEM LTD INVESTOR PRESENTATION Mark Miocevich David Rich Simon Hinsley Managing Director CFO MARCH Investor 2020 Relations & Media +61 8 9455 9355 +61 8 9455 9355 +61 401 809 653 simon@nwrcommunications.com.au @VEEM_Ltd VEEM_Ltd PRINCESS YACHTS