Vection Technologies to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 16 November 2022
14 Novembro 2022 - 2:13PM
Vection Technologies Limited (
ASX:VR1,
OTC:VCTNY), a growing company focussed on
leveraging 3D data via powerful extended reality interfaces that
foster collaboration and learning, grow sales and more, today
announced that its CEO, Mr Gianmarco Biagi and CSO & CMO,
Mr Gianmarco Orgnoni, will present at the dbVIC - Deutsche Bank
American Depositary Receipt (ADR) Virtual Investor Conference on
November 16. This virtual investor conference is aimed exclusively
at introducing global companies with ADR programs to investors.
DATE: |
November 16, 2022 |
TIME: |
AEST 1:30 (ET New York 9:30am) |
LINK: |
https://bit.ly/3WHv49v |
This will be a live, interactive online event where investors
are invited to ask the company questions in real-time. If attendees
are not able to join the event live on the day of the conference,
an archived webcast will also be made available after the
event.
It is recommended that investors pre-register and run the online
system check to expedite participation and receive event
updates.
Participation is free of charge.
Company Highlights
- Revenue growth accelerating - has recorded
strong revenue growth over the past four fiscal years, with a CAGR
of 140%. Revenue growth has accelerated in the last twelve months
with FY22 revenue lifting by 440% compared to audited FY21 to $18.7
million.
- Fast-growing industry - Vection Technologies
operates in the fast-growing metaverse trend, an industry with a
market opportunity estimated at over $1 trillion in yearly
revenues1.
- Leading proprietary technology - To address
this fast-growing sector, Vection Technologies continues to invest
in the development of its proprietary solutions & services
suite of metaverse -related technologies, called
INTEGRATEDXR®.
- Global presence to service multinational
customers - During the last four years, the Company has
expanded its operational presence through Asia Pacific, Europe, the
Middle East, and the U.S.
- Partnering with some of the biggest names in enterprise
tech - Vection Technologies has secured partnerships and
built commercial relationships with some of the biggest names in
the technology and consulting industry. These include Webex by
Cisco, NTT Data, DXC Technology and Accenture.
- Pathway to profitability emerging - The
company has invested significantly over the past four years to
expand its technology portfolio to enable its global growth
strategy. As the Company continues its growth trend it expects to
significantly improve its underlying EBITDA result and increase
profitability in the next fiscal year.
- Well-funded and growing with key investors -
The Company has ~$14 million in cash2 and counts shareholders
including the Italian government and HTC Vive.
- Acquisitions - Over the past four years,
Vection Technologies has successfully conducted several value
accretive acquisitions, with a view to reinforce its technology and
commercial foundations to support its global expansion plans. The
Company is in discussions with several potential targets to
continue its growth trajectory and exceed objectives during the
next 12 and 24 months.
About Vection Technologies
Vection Technologies is a growing
enterprise-focused company that helps businesses bridge the
physical and digital worlds. We help organizations leverage their
3D data via powerful extended reality (XR)
interfaces that foster collaboration and learning, grow sales and
more.
Vection Technologies is listed on the Australian
Securities Exchange (ASX) with ticker code VR1,
and trades on the U.S. over-the-counter (OTC)
markets under the symbol VCTNY.
For more information, please visit:
www.vection-technologies.com
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
Contacts |
|
Vection Technologies Limited: |
|
|
Dan Ridsdale - Managing Director, TMT |
Email: |
dridsdale@edisongroup.com |
|
|
Gianmarco Biagi - Managing Director (Europe
Based) |
Email: |
gianmarco.biagi@vection-technologies.com |
Phone: |
+39 051 0142248 |
|
|
Gianmarco Orgnoni - Director and COO (Australia
Based) |
Email: |
gianmarco.orgnoni@vection-technologies.com |
Phone: |
+61 8 6380 7446 |
|
|
Virtual Investor ConferencesJohn
M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221johnv@otcmarkets.com |
1 Source:
https://www.jpmorgan.com/content/dam/jpm/treasury-services/documents/opportunities-in-the-metaverse.pdf2
As at 30 September 2022.
Vection Technologies (ASX:VR1)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Vection Technologies (ASX:VR1)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025