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Vection Technologies Ltd.
(Sydney:VR1)
Vection Technologies Ltd. (VR1) vs. iShares MSCI Australia ETF (EWA)
Vection Technologies Ltd. Business Overview & Revenue Model
Vection Technologies Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 37.50M | 37.50M | 32.83M | 25.33M | 17.22M | 3.25M |
| Gross Profit | 10.18M | 10.18M | 8.54M | -2.85M | -1.93M | 180.14K |
| EBITDA | -207.00K | -207.00K | -6.36M | -9.51M | -5.88M | -1.56M |
| Net Income | -7.37M | -7.37M | -9.86M | -10.82M | -6.68M | -2.41M |
Balance Sheet | ||||||
| Total Assets | 72.25M | 72.25M | 46.21M | 42.10M | 40.20M | 31.34M |
| Cash, Cash Equivalents and Short-Term Investments | 3.10M | 3.10M | 7.60M | 11.36M | 14.87M | 7.08M |
| Total Debt | 19.30M | 19.30M | 9.04M | 10.68M | 4.09M | 4.92M |
| Total Liabilities | 60.58M | 60.58M | 36.65M | 22.91M | 12.23M | 15.91M |
| Stockholders Equity | 12.56M | 12.56M | 10.40M | 19.19M | 27.98M | 15.43M |
Cash Flow | ||||||
| Free Cash Flow | -4.91M | -4.91M | 1.16M | -10.56M | -3.25M | -3.72M |
| Operating Cash Flow | -3.92M | -3.92M | 1.29M | -7.48M | -1.25M | -2.32M |
| Investing Cash Flow | -7.73M | -7.73M | -3.31M | -3.09M | -2.02M | 908.47K |
| Financing Cash Flow | 6.11M | 6.11M | -1.90M | 6.69M | 11.44M | 7.20M |
Vection Technologies Ltd. Technical Analysis
Vection Technologies Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | AU$30.75M | -102.50 | -3.14% | ― | 2.98% | 93.55% | |
48 Neutral | AU$26.60M | -4.05 | -31.01% | ― | -3.43% | -40.65% | |
46 Neutral | AU$51.06M | -6.33 | -64.13% | ― | -38.03% | -11.27% | |
44 Neutral | AU$35.21M | -16.00 | ― | ― | 7.32% | 67.11% | |
41 Neutral | AU$47.35M | -1.07 | -212.09% | ― | 9.14% | 65.30% | |
39 Underperform | AU$94.39M | -7.00 | -70.54% | ― | 9.67% | 31.03% |
Vection Technologies Ltd. Corporate Events
Vection Technologies Ltd has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, in Subiaco, Western Australia. The company is leveraging digital communication by providing meeting materials electronically, encouraging shareholders to access documents online or via email. This approach underscores Vection Technologies’ commitment to modernizing shareholder engagement and streamlining administrative processes, potentially enhancing operational efficiency and stakeholder communication.
Vection Technologies has secured $1.5 million in new orders for AI-driven enterprise projects across various industries, including agritech, cybersecurity, automotive, real estate, healthcare, and public administration. This development strengthens Vection’s annual recurring revenue and demonstrates its scalable AI business model’s demand across multiple sectors. The orders, comprising software licensing, integration, and service components, highlight Vection’s strong market positioning in data-driven and high-growth markets, particularly in agritech and cybersecurity, which account for over 55% of the total order value.
Vection Technologies Ltd has issued an update to a previous announcement regarding the issuance, conversion, or payment of unquoted equity securities. The update corrects an error related to the number of options previously referred to, ensuring accurate information for stakeholders and maintaining transparency in its financial disclosures.
Vection Technologies Ltd announced the issuance of 20 million unlisted options with an exercise price of $0.04, set to expire three years from the issue date of October 15, 2025. This strategic move could potentially impact the company’s financial structure and stakeholder interests by increasing its equity base, thereby supporting its growth and operational strategies.
Vection Technologies Ltd has completed a significant issuance of 350,000,001 fully paid ordinary shares to institutional, sophisticated, and professional investors at a price of A$0.06 per share. This move, conducted under the exemption provisions of the Corporations Act, is expected to strengthen the company’s financial position and support its growth strategies, potentially impacting its market standing and providing new opportunities for stakeholders.
Vection Technologies Ltd has announced the quotation of 350,000,001 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code VR1. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially impacting its operations and stakeholder interests positively.
Vection Technologies has secured a $7.8 million order under a $22.3 million framework agreement with a NATO-approved partner in the European defense ecosystem. This order enhances Vection’s role in the defense sector, providing multi-year visibility and reinforcing its position as a trusted supplier to NATO and European defense institutions. The agreement marks a significant milestone, transitioning Vection’s defense program into a structured, multi-year delivery model through 2030, and demonstrates the company’s strong track record and growth potential in the defense industry.
Vection Technologies Ltd has announced the issuance of 27,050,661 fully paid ordinary shares following the conversion of Listed VR1O options and an additional 55,600,000 shares to key management personnel upon achieving market capitalization-linked performance milestones. This move, compliant with the Corporations Act, allows the company to leverage exemptions for on-sale restrictions, potentially enhancing its market position and providing strategic benefits to stakeholders.
Vection Technologies Ltd has announced the quotation of 17,900,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code VR1. This move is part of the company’s strategy to leverage financial markets for growth and expansion, potentially impacting its market positioning and offering new opportunities for stakeholders.
Vection Technologies Ltd has announced the issuance of 55,600,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code VR1. This move is part of an employee incentive scheme and reflects the company’s strategy to enhance its market presence and operational capacity, potentially impacting its growth trajectory and stakeholder engagement.
Vection Technologies Ltd reported significant financial growth for FY25, driven by defense contracts and enterprise adoption. The company achieved its first positive underlying EBITDA, with revenue increasing to $36.0 million and net assets rising to $13.9 million. The acquisition of The Digital Box (TDB) enhanced Vection’s AI capabilities, contributing to a stronger market position. Strategic advancements included securing major defense contracts and expanding into healthcare, education, and retail sectors. The company’s AI-first approach is expected to drive future growth and profitability.
Vection Technologies Ltd has announced the quotation of 9,150,661 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code VR1, effective from September 30, 2025. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and market presence, which could have significant implications for its stakeholders and industry positioning.
Vection Technologies Ltd has successfully raised $21 million through a placement to institutional investors, reflecting strong market confidence in its AI-driven strategy and defense sector engagement. The acquisition of Digital Experience Labs Pty Ltd is expected to enhance Vection’s revenue and capabilities in Australia, while the funds raised will support international expansion, debt reduction, and business development in key sectors.
Vection Technologies Ltd has requested a trading halt on its securities pending an announcement regarding a strategic capital raising and a bolt-on acquisition. This move is expected to impact the company’s operations and market positioning, potentially affecting stakeholders by enhancing its financial and strategic capabilities.
Vection Technologies Ltd announced the quotation of 7,831,450 fully paid ordinary securities on the ASX, effective September 12, 2025. This move is part of the company’s strategy to expand its market presence and potentially increase its capital base, which may impact its operations and industry positioning positively.
Vection Technologies Ltd reported its unaudited financial results for FY25, highlighting significant growth driven by defense contracts and strategic acquisitions. The company achieved its first positive underlying EBITDA of $2.8 million, a notable improvement from the previous year’s loss, and reported a pro-forma revenue of $42 million. The integration of The Digital Box (TDB) has bolstered Vection’s AI capabilities, positioning it as a leader in AI-driven spatial computing. Key growth drivers included substantial defense contracts, educational XR licenses, and healthcare partnerships, with a strategic focus on expanding recurring revenue streams and leveraging AI innovations to enhance market penetration.
Vection Technologies Ltd reported a 9.6% increase in revenues to $36 million for the year ended June 30, 2025, while reducing its net loss by 25.3% to $7.37 million. The company did not declare any dividends for the period. Despite the loss, the company showed improvement in its EBITDA, Adjusted EBITDA, and Underlying EBITDA, indicating a positive trend in its core earnings. The acquisition of The Digital Box S.p.A. contributed to the company’s performance, reflecting strategic growth and expansion efforts.
Vection Technologies Limited has announced a change in the director’s interest, specifically involving Mr. Gianmarco Biagi. The company has granted 24,000,000 performance rights to Mr. Biagi, as approved by shareholders during the 2025 Extraordinary General Meeting. This change reflects the company’s strategic decisions to align its leadership incentives with performance goals, potentially impacting its operational focus and stakeholder confidence.
Vection Technologies Ltd has announced the issuance of 250,000 ordinary fully paid shares to a consultant as compensation, which will be quoted on the ASX under the code VR1. This move reflects the company’s strategic approach to managing its financial obligations and could impact its market positioning by potentially enhancing its liquidity and stakeholder engagement.
Vection Technologies Ltd announced the cancellation of a previous announcement regarding the issuance of 20 million VR1O securities. The initial announcement, dated August 18, 2025, was made in error as these securities were neither issued nor allotted. This correction ensures transparency and accuracy in the company’s financial reporting, maintaining trust with stakeholders and aligning with ASX Listing Rules.
Vection Technologies Ltd announced the issuance of 1,000,000 unlisted options with an exercise price of $0.03, set to expire two years from the date of issue. This move is part of the company’s strategy to strengthen its financial position and potentially enhance its market presence, reflecting its ongoing commitment to growth and innovation within the technology sector.
Vection Technologies Ltd has announced the issuance of 37,200,000 fully paid ordinary shares and 20,000,000 listed VR1O options, following approval at an Extraordinary General Meeting. This move is in compliance with the Corporations Act, allowing the company to issue these securities without disclosure under certain exemptions, potentially enhancing its financial flexibility and market position.
Vection Technologies Ltd announced the issuance of 75,200,000 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives, potentially strengthening its market position and operational capabilities.
Vection Technologies Ltd has announced the issuance of new securities, including 250,000 ordinary fully paid shares and 20,000,000 options expiring in November 2027. These securities are being issued to consultants as compensation for services rendered, which may enhance the company’s liquidity and strengthen its financial position in the market.
Vection Technologies Ltd has announced the issuance of 37,200,000 ordinary fully paid securities to its employees and consultants as part of their compensation package, replacing traditional salaries, fees, and bonuses. This strategic move, approved by shareholders, reflects the company’s commitment to aligning employee incentives with its growth objectives, potentially strengthening its market position and stakeholder confidence.
Vection Technologies Ltd announced that all resolutions proposed at their Extraordinary General Meeting held on August 18, 2025, were successfully passed by way of poll. This outcome reflects positively on the company’s governance and may enhance its strategic initiatives, potentially impacting its market positioning and stakeholder confidence.
Vection Technologies has retracted its FY28 Aspirational Target from its recent financial forecast, advising investors not to rely on these long-term projections. The company maintains its confidence in its business plan and reaffirms its targets for FY26 and FY27, with plans to provide a FY28 target at the end of FY26. Additionally, Vection clarified that its recent $0.5 million defence order is part of a larger potential $27 million program, but emphasized that final contract awards are not guaranteed.
Vection Technologies has announced an investor presentation focusing on its strategy in the Defence sector, highlighting its first annual positive unaudited underlying EBITDA result for FY2025. The presentation also outlines the company’s revenue outlook and aspirational targets for FY2026 and beyond, indicating a strategic focus on expanding its market presence and financial performance.
Vection Technologies Ltd has announced an addendum to its Notice of General Meeting, scheduled for August 18, 2025. The addendum introduces additional resolutions concerning the issuance of performance rights and shares, which require shareholder approval. The company is encouraging shareholders to submit their proxy voting instructions electronically, as physical copies of the addendum will not be dispatched unless specifically requested. This move is part of the company’s efforts to streamline shareholder communications and ensure efficient decision-making processes.
Vection Technologies Ltd has announced the issuance of 1,000,000 fully paid ordinary shares following the conversion of Listed VR1O options. This move is in compliance with the Corporations Act, allowing the shares to be sold without disclosure, which could enhance the company’s liquidity and market presence.
Vection Technologies Ltd has announced the issuance of 1,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code VR1. This move is part of the company’s strategy to expand its market presence and enhance its financial flexibility, potentially impacting its operational capabilities and positioning within the tech industry.