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Veem Ltd Company Snapshot
Veem Limited is a marine technology company. The Company is engaged in the manufacturing of propellers and industrial products and the provision of engineering services. The Company specializes in propulsion and stabilization systems. It also manufactures products and services for the marine, defense and mining industries. Its business units include VEEM Propellers, VEEM Gyro, Timcast, VEEM 24-7 and VEEM Defence. VEEM Propellers offers commercial and recreational fixed pitch propeller technology. VEEM Gyro is a ship roll stabilizing technology that uses gyrostabilizers with control technology. Timcast is a range of centrifugally cast bi-metal pipes. VEEM 24/7 provides a range of manufactured products and repair services to a range of customers within the Western Australian mining industry. VEEM Defence provides manufacturing and service work for the Australian Defense Force and key defense force contractors.

Sales Analysis. Veem Ltd reported sales of A$44.37 million (US$33.82 million) for the fiscal year ending June of 2020. This represents a decrease of 1.4% versus 2019, when the company's sales were A$44.98 million.
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Veem Ltd
  Stock Performance Chart for Veem Ltd
  Stock Data: Recent Stock Performance:
  Current Price (4/9/2021): 1.02
(Figures in Australian Dollars)
1 Week -4.7%   13 Weeks 2.0%  
4 Weeks 33.3%   52 Weeks 126.7%  
Veem Ltd Key Data:
  Ticker: VEE Country: Australia
  Exchanges: ASX Major Industry: Capital Goods
    Sub Industry: Ship Building & Repairing
  2020 Sales 44,368,072
(Year Ending Jan 2021).
Employees: N/A
  Currency: Australian Dollars Market Cap: 132,600,000
  Fiscal Yr Ends: June Shares Outstanding: 130,000,000
  Share Type: Ordinary Closely Held Shares: 82,099,487
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