Veea Inc. (VEEA) Financials

$0.57

$0.04 (-5.91%)
Last update: 09:21 PM EST
Day's range
$0.55
Day's range
$0.67

VEEA Income statement / Annual

Last year (2024), Veea Inc.'s total revenue was $141.76 K, a decrease of 98.44% from the previous year. In 2024, Veea Inc.'s net income was -$47.55 M. See Veea Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Operating Revenue $141.76 K $9.07 M $224.05 K $2.80 M
Cost of Revenue $83.29 K $466.80 K $285.31 K $2.76 M
Gross Profit $58.47 K $8.61 M -$61.26 K $42.83 K
Gross Profit Ratio 0.41 0.95 -0.27 0.02
Research and Development Expenses $1.37 M $693.45 K $3.23 M $5.68 M
General & Administrative Expenses $26.64 M $17.24 M $20.08 M $20.22 M
Selling & Marketing Expenses $811.54 K $215.33 K $384.22 K $1.60 M
Selling, General & Administrative Expenses $27.45 M $17.45 M $20.46 M $21.82 M
Other Expenses -$977.47 K $818.20 K $1.88 M $5.85 M
Operating Expenses $27.85 M $18.97 M $25.57 M $33.35 M
Cost And Expenses $27.93 M $19.43 M $25.85 M $36.11 M
Interest Income $0.00 $1.94 K $4.68 M $16.26 K
Interest Expense $1.81 M $5.32 M $0.00 $0.00
Depreciation & Amortization $701.82 K $1.61 M $1.88 M $2.61 M
EBITDA -$45.04 M -$8.71 M -$23.80 M -$27.94 M
EBITDA Ratio -317.7 -0.96 -106.22 -9.98
Operating Income Ratio -196.02 -1.14 -114.38 -11.9
Total Other Income/Expenses Net -$19.76 M -$5.28 M -$9.57 M -$1.95 M
Income Before Tax -$47.55 M -$15.64 M -$35.20 M -$35.26 M
Income Before Tax Ratio -335.41 -1.72 -157.11 -12.59
Income Tax Expense $0.00 $0.00 $0.00 $0.00
Net Income -$47.55 M -$15.64 M -$35.17 M -$35.07 M
Net Income Ratio -335.41 -1.72 -156.96 -12.52
EPS -1.88 -0.44 0.27 0.17
EPS Diluted -1.88 -0.44 0.27 0.17
Weighted Average Shares Out $25.26 M $35.62 M $39.90 M $39.90 M
Weighted Average Shares Out Diluted $25.26 M $35.62 M $39.90 M $39.90 M
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