In This Article:
VEEM (ASX:VEE) First Half 2025 Results
Key Financial Results
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Revenue: AU$33.6m (down 11% from 1H 2024).
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Net income: AU$1.00m (down 71% from 1H 2024).
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Profit margin: 3.0% (down from 9.3% in 1H 2024). The decrease in margin was driven by lower revenue.
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EPS: AU$0.008 (down from AU$0.026 in 1H 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VEEM Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Machinery industry in Australia.
Performance of the Australian Machinery industry.
The company's shares are up 3.5% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for VEEM that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.