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1 Comment
Vection Technologies Limited is currently in a long term downtrend where the price is trading 40.5% below its 200 day moving average.
From a valuation standpoint, the stock is 77.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 15.9.
Vection Technologies Limited's total revenue sank by 64.1% to $737K since the same quarter in the previous year.
Its net income has dropped by 423.5% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 178.0% to $-542K since the same quarter in the previous year.
Based on the above factors, Vection Technologies Limited gets an overall score of 1/5.
Sector | Technology |
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Industry | Software - Application |
Exchange | AU |
CurrencyCode | AUD |
ISIN | AU0000067522 |
PE Ratio | None |
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Beta | -0.49 |
Target Price | None |
Market Cap | 20M |
Dividend Yield | None |
Vection Technologies Limited, an enterprise-focused company, that helps businesses in bridging the physical and digital worlds in Australia. The company operates through IT software development and Outsourced Services segments. It offers Mindesk, a virtual reality design review and real-time rendering in the unreal engine, for CAD and BIM; EnWorks, a solution to support training, manufacturing, and maintenance processes that enhances the work with augmented reality-powered visual assistance; 3DFrame, a no-code enterprise metaverse app for immersive product presentations; configuration that manages product variations for ecommerce from web to mobile devices; and XRKiosk, which transforms the in-store customer experience with 3D and augmented reality. It serves machinery manufacturing, automotive, naval, furniture, public sector, healthcare and pharma, betting, defence, military and law enforcement, aerospace, architecture, engineering and construction, sports, media and communications, retail, fashion, and education industries for design review, training, remote presentations, retail 3D experience, and 3D e-commerce applications. The company was formerly known as ServTech Global Holdings Limited and changed its name to Vection Technologies Limited in November 2019. Vection Technologies Limited was incorporated in 2016 and is based in Osborne Park, Australia.
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