Veea Inc. (VEEA) — Financial statements
Income statement, balance sheet, and cash flow for Veea Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 0.22↑56.6% | 0.14↓98.4% | 9↑3949.1% | 0.22↓92.0% | 3 | |
| Cost of Revenue | 0.07↓16.0% | 0.08↓82.2% | 0.47↑63.6% | 0.29↓89.7% | 3 | |
| Gross Profit | 0.15↑160.0% | 0.06↓99.3% | 9↑14147.5% | -0.06↓243.0% | 0.04 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.33↓76.1% | 1↑98.0% | 0.69↓78.5% | 3↓43.2% | 6 | |
| General & Administrative Expenses | 18↓33.7% | 27↑54.5% | 17↓14.1% | 20↓0.7% | 20 | |
| Selling & Marketing Expenses | 0.35↓57.0% | 0.81↑276.9% | 0.22↓44.0% | 0.38↓76.0% | 2 | |
| SG&A Expenses | 18↓34.4% | 27↑57.3% | 17↓14.7% | 20↓6.2% | 22 | |
| Other Expenses | -0.57↑41.7% | -0.98↓219.5% | 0.82↓56.5% | 2↓67.9% | 6 | |
| Operating Expenses | 18↓36.2% | 28↑46.8% | 19↓25.8% | 26↓23.3% | 33 | |
| Total Costs & Expenses | 18↓36.2% | 28↑43.7% | 19↓24.8% | 26↓28.4% | 36 | |
| Operating Results | ||||||
| Operating Income | -18↑36.6% | -28↓168.2% | -10↑59.6% | -26↑23.1% | -33 | |
| Depreciation & Amortization | 0.75↑6.8% | 0.70↓56.4% | 2↓14.3% | 2↓28.1% | 3 | |
| EBITDA | -4↑91.8% | -45↓417.2% | -9↑63.4% | -24↑14.8% | -28 | |
| EBIT | -4↑90.3% | -46↓343.2% | -10↑59.8% | -26↑16.0% | -31 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓21.8% | -2↑66.0% | -5↓213.6% | 5↑28669.3% | 0.02 | |
| Interest Income | 0.00 | 0.00↓100.0% | 0.00↓100.0% | 5↑28669.3% | 0.02 | |
| Interest Expense | 2↑21.8% | 2↓66.0% | 5 | — | — | |
| Non-Operating Income | -13↓173.3% | 18↑44904.4% | -0.04↓180.1% | 0.05↑101.8% | -3 | |
| Other Income / Expenses | 11↑155.4% | -20↓274.3% | -5↑44.9% | -10↓391.2% | -2 | |
| Income Before Tax | -7↑86.0% | -48↓204.0% | -16↑55.6% | -35↑0.2% | -35 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -7↑86.0% | -48↓204.0% | -16↑55.6% | -35↑0.2% | -35 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -7↑86.0% | -48↓204.0% | -16↑55.5% | -35↓0.3% | -35 | |
| Bottom-Line Net Income | -7↑86.0% | -48↓204.0% | -16↑55.5% | -35↓0.3% | -35 | |
| EPS (Basic) | -0.15↑88.6% | -1.32↓200.0% | -0.44↓263.0% | 0.27↑58.8% | 0.17 | |
| EPS (Diluted) | -0.15↑88.6% | -1.32↓200.0% | -0.44↓263.0% | 0.27↑58.8% | 0.17 | |
| Weighted Average Shares | 46↑27.7% | 36↑0.8% | 36↓10.7% | 40↑0.0% | 40 | |
| Weighted Average Diluted Shares | 46↑27.2% | 36↑0.8% | 36↓10.7% | 40↑0.0% | 40 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.