Vection Technologies Limited, a multinational software company, offers real-time technologies for industrial companies digital transformation in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.086|
|52 Week High||AU$0.053|
|52 Week Low||AU$0.17|
|1 Month Change||-10.42%|
|3 Month Change||22.86%|
|1 Year Change||-46.25%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||352.63%|
Recent News & Updates
Is Vection Technologies (ASX:VR1) Using Debt In A Risky Way?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|VR1||AU Software||AU Market|
Return vs Industry: VR1 underperformed the Australian Software industry which returned 23.3% over the past year.
Return vs Market: VR1 underperformed the Australian Market which returned 20.3% over the past year.
Stable Share Price: VR1 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: VR1's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Vection Technologies Limited, a multinational software company, offers real-time technologies for industrial companies digital transformation in Australia. The company operates in two segments, IT Development and Outsourced Services. It offers Frame-S, a collaborative platform for viewing 3D projects in virtual reality; virtual and augmented reality products; 3D real-time configurator; 3D-modeling; 3D rendering, which transfers 3D models into images or videos with graphic details; and Mindesk that helps in designing and editing CAD project in virtual reality.
Vection Technologies Fundamentals Summary
|VR1 fundamental statistics|
Is VR1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VR1 income statement (TTM)|
|Cost of Revenue||AU$2.01m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0025|
|Net Profit Margin||-69.32%|
How did VR1 perform over the long term?See historical performance and comparison
Is Vection Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VR1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VR1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VR1 is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.
PE vs Market: VR1 is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VR1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VR1 is overvalued based on its PB Ratio (6.8x) compared to the AU Software industry average (5.2x).
How is Vection Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vection Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Vection Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VR1 is currently unprofitable.
Growing Profit Margin: VR1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VR1 is unprofitable, and losses have increased over the past 5 years at a rate of 21.7% per year.
Accelerating Growth: Unable to compare VR1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VR1 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: VR1 has a negative Return on Equity (-19.81%), as it is currently unprofitable.
How is Vection Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: VR1's short term assets (A$13.1M) do not cover its short term liabilities (A$14.8M).
Long Term Liabilities: VR1's short term assets (A$13.1M) exceed its long term liabilities (A$6.5M).
Debt to Equity History and Analysis
Debt Level: VR1's debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VR1's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VR1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VR1 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 1.4% each year.
What is Vection Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VR1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VR1's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VR1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VR1's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VR1's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Gianmarco Biagi, MEng, serves as Managing Director and Director at Vection Technologies Ltd. (formerly known as Vection Technologies Limited) since April 12, 2019. Mr. Biagi has an experience of servin...
CEO Compensation Analysis
Compensation vs Market: Gianmarco's total compensation ($USD132.63K) is below average for companies of similar size in the Australian market ($USD301.95K).
Compensation vs Earnings: Gianmarco's compensation has been consistent with company performance over the past year.
Experienced Board: VR1's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vection Technologies Limited's employee growth, exchange listings and data sources
- Name: Vection Technologies Limited
- Ticker: VR1
- Exchange: ASX
- Founded: 2016
- Industry: Application Software
- Sector: Software
- Market Cap: AU$85.326m
- Shares outstanding: 969.62m
- Website: https://www.vection.com.au
Number of Employees
- Vection Technologies Limited
- Building C
- Level 4
- Osborne Park
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 07:04|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.