VEEM Ltd

ASX VEE.AX

VEEM Ltd Gross Profit Margin for the year ending June 30, 2024: 53.47%

VEEM Ltd Gross Profit Margin is 53.47% for the year ending June 30, 2024, a 210.31% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

VEEM Ltd Gross Profit Margin for the year ending June 30, 2023 was 17.23%, a 42.69% change year over year.
VEEM Ltd Gross Profit Margin for the year ending June 30, 2022 was 12.08%, a -27.60% change year over year.
VEEM Ltd Gross Profit Margin for the year ending June 30, 2021 was 16.68%, a 6.28% change year over year.
VEEM Ltd Gross Profit Margin for the year ending June 30, 2020 was 15.69%, a -74.49% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

ASX: VEE.AX

VEEM Ltd

CEO	Mr. Trevor Raman
IPO Date	Oct. 25, 2016
Location	Australia
Headquarters	22 Baile Road
Employees	180
Sector	Industrials
Industries Machinery Aerospace

Description

VEEM Ltd manufactures and sells propulsion and stabilization systems. The company offers gyrostabilizers, CNC machined monobloc propellers shaft lines, and marine ride control fins; forever pipe, a bimetal centrifugally cast hollow bars; and engineering services. It also manufactures bespoke components for defense, mining, and processing industries. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.

Key trends

Past 5 years