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VEEM chairman Brad Miocevich. Photo: Attila Csaszar

Veem to miss prospectus targets

Recently listed marine technology company VEEM has flagged gross profit in line with expectations, but expects to report a smaller net result than what was forecast in its prospectus, on the back of a one-off cost.

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VEEM (VEE)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/12/17

1 year TSR5 year TSR
219thTech Mpire50%-5%
376thMareterram14%163%
451stDreamscape Networks2%0%
531stNearmap-9%58%
570thVEEM-15%0%
696 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

53rd↑Mareterram$50.7m
54th-Dreamscape Networks$46.5m
55th-VEEM$41.2m
56th↑Nearmap$40.7m
57th↑Tech Mpire$37.2m
232 listed industrial companies ranked by revenue.
Source: Morningstar

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