VEEM Reports Strong Profit Growth in FY23
Filed with ASX · · 2 pages · English
• VEEM’s revenue for the year was $59.6m up 10% on FY22 with total activity (Sales + change in WIP) for FY23 of $63.5m. • EBITDA and NPAT were $10.0m and $4.1m, up 64% and 226% respectively on FY22. • Cashflow from operations was $6.1m, up 143% on FY22. • EPS of 3.03 cents per share, up 226% on the prior period. • Gyro sales for the year were $5.0m with orders in hand of $11m. • Three new propelle
In the deck
Earlier from Veem
- VEEM FY23 Results Presentation
- Appendix 4E and Full Year Statutory Accounts
- Presentation - Business and Trading Update
- Exclusivity Agreement with Strategic Marine for VEEM Gyros
- Managing Directors Presentation to Shareholders at AGM
Later from Veem
- Exclusive Worldwide Agreement with Sharrow Marine
- Strategic Marine Accelerates VEEM Gyro Orders
- Managing Director's AGM Presentation and Trading Update
- Half Year Results Presentation - Strong Profit Growth
- VEEM Reports Strong Profit Growth for 1HFY24
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