Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    IRLAB Therapeutics

    MCap

    SEK653m

    Last close

    SEK14.10

    ▲ 1.50 (11.90%)

    VolitionRx

    MCap

    USD51m

    Last close

    USD0.60

    ▲ 0.05 (9.82%)

    Portobello SpA

    MCap

    EUR12m

    Last close

    EUR2.38

    ▲ 0.20 (9.17%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Vection Technologies (ASX: VR1)

Last close As at 04/11/2024

AUD0.02

— 0.00 (5.88%)

Market capitalisation

AUD23m

Vection Technologies (VR1), an Australian-based software company, operates in the field of extended reality (XR), which encompasses immersive technologies such as augmented reality, virtual reality and mixed reality.

Latest Insights

View More

TMT | Update

Vection Technologies — Moving from niche to mainstream markets

TMT | Flash note

Vection Technologies — Contract wins underpin strong start to H224

TMT | Flash note

Vection Technologies — Record half and strong H2 visibility

TMT | Update

Vection Technologies — Established strategy to drive scalable growth
Visit Website

Sector

TMT

Equity Analyst

Katherine Thompson

Key Management

  • Gianmarco Biagi

    CEO

Balance Sheet

Forecast net debt (A$m)

N/A

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 112.5 (22.7) (54.1)
Relative 115.4 (23.7) (62.0)
52 week high/low A$0.0/A$0.0

Financials

Vection’s Q324 update showed strong double-digit growth in revenue and cash receipts, driven by multiple contract wins, including its largest contract to date with an existing defence customer. A swing to positive operating cash flow in Q3 (A$4.1m), coupled with contract wins, validates the company’s streamlined sales structure, designed to bolster operational efficiency. Cash generated also supported a quarter-on-quarter reduction in debt. Management is seeing early positive signs by enhancing the platform’s compatibility with Apple Vision Pro, potentially unlocking a key growth avenue from rising enterprise adoption among large global players.

Y/E Jun Revenue (A$m) EBITDA (A$m) PBT (A$m) EPS (c) P/E (x) P/CF (x)
2022A 18.9 1.4 (7.0) (0.67) N/A N/A
2023A 26.3 1.5 (11.2) (1.05) N/A N/A
2024E N/A N/A N/A N/A N/A N/A
2025E N/A N/A N/A N/A N/A N/A

Research

Flash note

TMT

Vection Technologies — Contract wins underpin strong start to H224

Flash note

TMT

Vection Technologies — Record half and strong H2 visibility

TMT

Update

Vection Technologies — Moving from niche to mainstream markets
View All

Thematics

thematic

TMT

MediaWatch – Encouragements and frustrations

thematic

TMT

MediaWatch – Glimpses of positivity

thematic

TMT

MediaWatch – Rinse and repeat

thematic

Consumer

Deutsches Eigenkapitalforum (EKF) 2023 consumer and media
View All

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free