Slide 1: Veem Ltd Investor Update
VEEM LTD INVESTOR PRESENTATION MARCH 2020 VEEM LTD INVESTOR UPDATE 19 APRIL 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: 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 $3.4m of gyros and has orders on hand of $3.1m. Number of units sold
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 maj
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. • Austal ride control and propulsion work is ongoing, with overall revenue lower due to completi
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: Company Summary
Company Summary • 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 ow
Slide 9: Appendices
VEEM LTD INVESTOR PRESENTATION MARCH 2020 APPENDICES PRINCESS YACHTS
Slide 10: Corporate Overview
Corporate Overview Corporate Snapshot 12-MONTH SHARE PRICE PERFORMANCE 1.60 3.5 Millions ASX Code VEE 1.40 3 Share Price (14 Apr 2022) $0.58 1.20 2.5 Market Capitalisation (14 Apr 2022) $80m 1.00 2 0.80 Shares on Issue 136m 1.5 0.60 1 0.40 Substantial Shareholders 0.20 0.5 Miocevich Family 50.20% 0
Slide 11: 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