Aug 22, 2024 / 02:00AM GMT
Ben Larsen - NWR Communications - Investor Relations
Welcome to VEEM Investor webinar to discuss the company's FY24 result. From today's webinar we have Managing Director, Mark Miocevich; CEO, Trevor Raman; and Head of Corporate Development, Pat Rich, who got up in the presentation release today on the A6. (Event Instructions). I'll now hand it over to Mark.
Mark Miocevich - VEEM Limited - MD
Good morning, everybody. Welcome to our presentation. With me today is David Rich, our Corporate Development Manager; and Trevor Raman, our new CEO, and I'll be delivering certain parts of our presentation today.
So let's start off with the highlights for last financial year. Our revenue was $80.6 million which was up 35% from the previous year. The total activity was $81.6 million, which is a result of an extra rise in work-in-progress progress around $1 million. And our EBITDA was $14.8 million and which was up 48%, which is terrific. So an 18.3% EBITDA margin, which was very good for us. That's a very good result.
And operating cash flow was $8.4
Full Year 2024 VEEM Ltd Earnings Call Transcript
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