ASX Share rice
Thu 13 May 2021 - 01:52:pm (Sydney)

VR1 Share Price

VECTION TECHNOLOGIES LTDVR1Software & Services

VR1 Company Information

Name:

Vection Technologies Limited

Sector:

Technology

Industry:

Software-Application

Address:

437 Roberts Road Subiaco WA Australia 6008

Phone:

61 8 6380 2555

MD & Director:

Mr. Gianmarco Biagi

COO & Director:

Mr. Gianmarco Orgnoni

Chief Sales Officer & Exec. Director:

Mr. Lorenzo Biagi

Company Sec.:

Mr. Derek Hall B.Com., C.A.

Company Overview:

Vection Technologies Limited, a multinational software company, offers real-time technologies for industrial companies in Australia. It operates in two segments, IT Development and Outsourced Services. The company 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 Limited has collaboration with Autodesk Technology Centers and the Microsoft Mixed Reality Team for the Integration of Mindesk XR Software. Vection Technologies Limited has a collaboration with Cisco Systems (Italy) Srl to integrate Cisco's collaboration platforms with Vection's real-time Virtual and Augmented Reality technologies. The company was formerly known as ServTech Global Holdings Limited and changed its name to Vection Technologies Ltd. in November 2019. Vection Technologies Ltd. was incorporated in 2016 and is headquartered in Subiaco, Australia.

VR1 Share Price Information

Shares Issued:

0.97B

Market Capitalisation:

$60.12M

Revenue (TTM):

$1.82M

Revenue Per Share (TTM):

$0

Earnings per Share:

$-0.0107

Profit Margin:

-1.2917

Operating Margin (TTM):

$-1.28

Return On Assets (TTM):

$-0.11

Return On Equity (TTM):

$-0.31

Quarterly Revenue Growth (YOY):

-0.641

Gross Profit(TTM):

$1.33M

Diluted Earnings Per Share (TTM):

$-0.003

VR1 CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$1.25K

Change To Liabilities:

$792.16K

Total Cashflow From Investing Activities:

$273.36K

Net Borrowings:

$776.10K

Net Income:

$-1,165,870

Total Cash From Operating Activities:

$-312,532

Depreciation:

$507.85K

Other Cashflow From Investing Activities:

$336.33K

Change To Account Receivables:

$-685,867

Capital Expenditures:

$62.98K

VR1 Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-1,161,980

Net Income:

$-1,165,870

Gross Profit:

$2.55M

Operating Income:

$-1,187,430

Other Operating Expenses:

$554.20K

Interest Expense:

$66.31K

Income Tax Expense:

$1.66K

Total Revenue:

$3.05M

VR1 Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$12.36M

Total Liabilities:

$10.17M

Total Stockholder Equity:

$6.06M

Other Current Liabilities:

$4.92M

Total Assets:

$16.23M

Common Stock:

$22.38M

Retained Earnings:

$-16,548,484

Other Liabilities:

$3.12M

Cash:

$1.58M

Total Current Liabilities:

$6.14M

Short-Term Debt:

$427.61K

Property - Plant & Equipment:

$648.27K

Net Tangible Assets:

$-5,733,681

Long-Term Investments:

$52.13K

Total Current Assets:

$3.73M

Long-Term Debt:

$422.19K

Net Receivables:

$2.14M

Short-Term Investments:

$9.97M

Accounts Payable:

$694.54K

Short-Term Investments:

$9.97

Non Current Liabilities Total:

$3.61M

VR1 Share Price History

VR1 News

14 Apr, 2021
ASX Listed, real-time software company Vection Technologies Ltd (ASX:VR1) has announced the proposed acquisition of leading Australian archviz studio, Blank Canvas Studios.
12 Jan, 2021
While Vection Technologies Limited ( ASX:VR1 ) shareholders are probably generally happy, the stock hasn't had...
13 Oct, 2020
A look at the shareholders of Vection Technologies Limited (ASX:VR1) can tell us which group is most powerful...