VEEM Ltd
ASX:VEE
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VEEM Ltd
Gross Margin
VEEM Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | AU |
| Market Cap | 150.6m AUD |
| Gross Margin |
56%
|
| Country | US |
| Market Cap | 91B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 81.3B USD |
| Gross Margin |
44%
|
| Country | SE |
| Market Cap | 848.9B SEK |
| Gross Margin |
43%
|
| Country | JP |
| Market Cap | 7.8T JPY |
| Gross Margin |
20%
|
| Country | US |
| Market Cap | 41.9B USD |
| Gross Margin |
44%
|
| Country | US |
| Market Cap | 40.4B USD |
| Gross Margin |
30%
|
| Country | US |
| Market Cap | 30.8B USD |
| Gross Margin |
37%
|
| Country | CH |
| Market Cap | 27.4B CHF |
| Gross Margin |
22%
|
| Country | US |
| Market Cap | 28.1B USD |
| Gross Margin |
38%
|
| Country | JP |
| Market Cap | 4.3T JPY |
| Gross Margin |
46%
|
VEEM Ltd
Glance View
Veem Ltd. engages in the production of propulsion and stabilization systems. The company is headquartered in Canning Vale, Western Australia. The company went IPO on 2016-10-26. The firm is also engaged in manufacturing engineered products and services for the marine, defense and mining industries. The firm operates various businesses, including VEEM Marine, VEEM 24-7 Engineering, Conquest propellers and Timcast Hollowbar. VEEM Marine has marine technology with the commercial facilities. VEEM 24-7 Engineering provides services to aerospace, defense, mining, and oil and gas industries. VEEM Defense is engaged in defense contracts, such as manufacturing and servicing the Oberon class submarine valves through to the propulsion system for the new Pacific patrol boats.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on VEEM Ltd's most recent financial statements, the company has Gross Margin of 55.6%.
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