Veea Inc.
Veea Inc. (VEEA) Financial Performance & Income Statement Overview
Analyze Veea Inc. (VEEA) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Veea Inc. (VEEA) Income Statement & Financial Overview
Explore comprehensive income reports for Veea Inc. VEEA, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $33496.00 | $50683.00 | $0.00 | $0.00 |
| Cost of Revenue | $25603.00 | $14997.00 | $0.00 | $0.00 |
| Gross Profit | $7893.00 | $35686.00 | $0.00 | $0.00 |
| Gross Profit Ratio | $0.24 | $0.70 | $0.00 | $0.00 |
| R&D Expenses | $220421.00 | $356761.00 | $0.00 | $0.00 |
| SG&A Expenses | $13.90M | $2.07M | $0.00 | $919133.00 |
| Operating Expenses | $14.19M | $1.24M | $0.00 | $919133.00 |
| Total Costs & Expenses | $14.21M | $1.26M | $0.00 | -$919133.00 |
| Interest Income | $0.00 | $0.00 | $0.00 | $415922.00 |
| Interest Expense | $455420.00 | $451881.00 | $0.00 | $417277.00 |
| Depreciation & Amortization | $156211.00 | $67730.00 | $0.00 | $0.00 |
| EBITDA | -$315514.00 | -$34.06M | $0.00 | -$3.79M |
| EBITDA Ratio | -$9.42 | -$671.93 | $0.00 | |
| Operating Income | -$14.18M | -$1.21M | $0.00 | -$919133.00 |
| Operating Income Ratio | -$423.35 | -$23.83 | $0.00 | |
| Other Income/Expenses (Net) | $13.25M | -$32.12M | $0.00 | -$3.29M |
| Income Before Tax | -$927149.00 | -$33.32M | $0.00 | -$4.21M |
| Income Before Tax Ratio | -$27.68 | -$657.49 | $0.00 | |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$927149.00 | -$33.32M | $0.00 | -$4.21M |
| Net Income Ratio | -$27.68 | -$657.49 | $0.00 | |
| EPS | -$0.03 | -$1.49 | -$0.20 | -$0.37 |
| Diluted EPS | -$0.03 | -$1.49 | -$0.20 | -$0.37 |
| Weighted Avg Shares Outstanding | $36.20M | $22.29M | $35.62M | $11.24M |
| Weighted Avg Shares Outstanding (Diluted) | $36.20M | $22.29M | $35.62M | $11.24M |
Financial performance has remained strong, with revenue growing from $0.00 in Q1 2024 to $33496.00 in Q4 2024. Gross profit continued to perform well, with margins at 24% in the latest quarter. Operating income reached -$14.18M in Q4 2024, holding a steady -42335% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$315514.00. Net income rose to -$927149.00, keeping EPS at -$0.03. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan