Upcoming IPO: Oceans of opportunity
We are attracted to Veem’s long history of profitability, which has been underpinned by its advanced designs and innovative capability. Many of Veem’s products are regarded as cutting edge with no real direct competitors. The company’s intellectual property is protected by patents, which provide significant barriers to entry. In addition, many of their clients are repeat customers, with strong relationships that have been built up over many years. Veem’s balance sheet has minimal debt and the founders will retain 62% of the company once listed.
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