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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).
ASX:VEE Earnings and Revenue Growth February 26th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
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.
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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