VEEM Ltd
VEEM Ltd (VEE.AX) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for VEEM Ltd (VEE.AX), covering cash flow, earnings, and balance sheets.
VEEM Ltd (VEE.AX) Income Statement & Financial Overview
Explore comprehensive income reports for VEEM Ltd VEE.AX, broken down by year and quarter.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $43.02M | $37.49M | $32.18M | $27.36M |
| Cost of Revenue | $23.99M | $29.55M | $26.36M | $22.87M |
| Gross Profit | $19.02M | $7.94M | $5.82M | $4.49M |
| Gross Profit Ratio | $0.44 | $0.21 | $0.18 | $0.16 |
| R&D Expenses | $980319.00 | $276897.00 | $254879.00 | $28676.00 |
| SG&A Expenses | $10.47M | $3.40M | $2.80M | $2.47M |
| Operating Expenses | $11.45M | $3.40M | $2.80M | $2.47M |
| Total Costs & Expenses | $35.45M | $32.95M | $29.16M | $25.34M |
| Interest Income | $0.00 | $0.00 | $583588.00 | $295.00 |
| Interest Expense | $645041.00 | $663645.00 | $583293.00 | $402353.00 |
| Depreciation & Amortization | $1.21M | $2.33M | $2.14M | $1.94M |
| EBITDA | $6.08M | $6.87M | $5.76M | $4.19M |
| EBITDA Ratio | $0.14 | $0.18 | $0.16 | $0.14 |
| Operating Income | $7.57M | $4.54M | $3.02M | $2.02M |
| Operating Income Ratio | $0.18 | $0.12 | $0.09 | $0.07 |
| Other Income/Expenses (Net) | -$3.39M | -$619678.00 | -$2.64M | -$165780.00 |
| Income Before Tax | $4.18M | $3.92M | $3.03M | $1.85M |
| Income Before Tax Ratio | $0.10 | $0.10 | $0.09 | $0.07 |
| Income Tax Expense | $688055.00 | $426912.00 | $746586.00 | $27401.00 |
| Net Income | $3.49M | $3.50M | $2.29M | $1.83M |
| Net Income Ratio | $0.08 | $0.09 | $0.07 | $0.07 |
| EPS | $0.03 | $0.03 | $0.02 | $0.01 |
| Diluted EPS | $0.03 | $0.03 | $0.02 | $0.01 |
| Weighted Avg Shares Outstanding | $135.74M | $135.72M | $135.72M | $135.72M |
| Weighted Avg Shares Outstanding (Diluted) | $136.33M | $135.72M | $135.72M | $135.72M |
Over the past four quarters, VEEM Ltd demonstrated steady revenue growth, increasing from $27.36M in Q2 2023 to $43.02M in Q4 2024. Operating income reached $7.57M in Q4 2024, maintaining a consistent 18% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $6.08M, reflecting operational efficiency. Net income dropped to $3.49M, with EPS at $0.03. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan