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VEEAW

Veea Inc.

VEEAW

Veea Inc. • NASDAQ
$0.06 ▲ 10.13% (+0.01)
Market Cap $7.93 M
52w High $0.07
52w Low $0.05
Dividend Yield 0%
P/E 0
Volume 5.20K
Outstanding Shares 137.70M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $144.926K ▲ $4.755M ▼ $1.375M ▲ 948.963% ▲ $0.03 ▲ $-3.223M ▲
Q2-2025 $72.927K ▲ $4.989M ▼ $-7.411M ▼ -10.162K% ▼ $0 ▼ $-6.804M ▼
Q1-2025 $14.262K ▼ $5.734M ▼ $4.299M ▲ 30.143K% ▲ $0.12 ▲ $5.394M ▲
Q4-2024 $33.496K ▼ $14.189M ▲ $-927.149K ▲ -2.768K% ▲ $-0.026 ▲ $-315.518K ▲
Q3-2024 $50.683K $1.243M $-33.324M -65.749K% $-1.49 $-32.804M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.071M ▲ $29.469M ▲ $33.735M ▼ $-4.265M ▲
Q2-2025 $238.008K ▼ $28.602M ▲ $39.535M ▲ $-10.933M ▲
Q1-2025 $247.341K ▼ $20.007M ▼ $31.683M ▼ $-11.676M ▲
Q4-2024 $1.686M ▼ $21.094M ▼ $38.118M ▼ $-17.024M ▼
Q3-2024 $2.803M $44.995M $53M $-8.005M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.375M ▲ $-4.45M ▼ $-65.406K ▼ $5.379M ▲ $833.143K ▲ $-4.448M ▼
Q2-2025 $-7.411M ▼ $-3.366M ▲ $-27.57K ▲ $3.373M ▲ $-9.333K ▲ $-3.394M ▲
Q1-2025 $4.299M ▲ $-3.699M ▲ $-131.973K ▼ $2.389M ▼ $-1.438M ▼ $-3.831M ▲
Q4-2024 $-927.149K ▲ $-5.765M ▲ $-57.748K ▼ $5.036M ▼ $-1.117M ▼ $-5.823M ▲
Q3-2024 $-33.324M $-19.249M $17.303K $15.824M $2.585M $-19.282M

Five-Year Company Overview

Income Statement

Income Statement Veea is still essentially pre‑revenue, with only token sales so far and no established revenue base. The business is firmly in “investment mode”: operating costs and overhead are meaningfully higher than income, so losses are recurring and have deepened in the most recent year. Earlier, results were closer to break‑even, but the shift to consistent losses suggests higher spending on growth, public company costs, or both, without matching commercial traction yet. Profitability, margins, and unit economics are not proven at this stage.

Balance Sheet

Balance Sheet The balance sheet is very light, with a small asset base and only a modest cash cushion. Debt has appeared and grown relative to the size of the company, while shareholder equity has turned negative, meaning obligations now exceed recorded assets. This points to a fragile financial position, limited shock‑absorbing capacity, and a higher dependence on supportive lenders or new equity funding to sustain operations and growth plans.

Cash Flow

Cash Flow Cash flow from operations is clearly negative, reflecting the gap between expenses and minimal revenues. Free cash flow is also negative, but there is little in the way of capital spending, so the burn is mostly from running and building the business rather than from heavy investment in physical assets. This pattern is typical of an early‑stage technology company but underlines that the firm relies on external financing and needs either a revenue ramp‑up or additional capital injections to extend its runway.

Competitive Edge

Competitive Edge Strategically, Veea is trying to occupy a differentiated niche in edge computing with an integrated, “all‑in‑one” platform rather than a single‑purpose product. Its combination of edge hardware, software, cloud management, and mesh networking, plus a sizeable patent portfolio, gives it a clear technical identity. However, it operates in a crowded ecosystem that includes very large cloud providers and established networking vendors. Its tiny scale and early commercial stage make customer adoption, brand recognition, and channel reach the key uncertainties in its competitive position.

Innovation and R&D

Innovation and R&D Veea is heavily innovation‑led. Its hyperconverged edge platform, VeeaHub devices, VeeaWare software, and VeeaCloud management layer all point to a strong engineering focus. The company emphasizes patented mesh networking, security features, and the ability to run containerized applications at the edge, as well as newer pushes into AI‑as‑a‑Service and industry‑specific solutions (for buildings, retail, farming, and cities). Partnerships and targeted acquisitions suggest an active R&D and product roadmap. The opportunity is to turn this technology stack and intellectual property into standardized, repeatable solutions; the risk is that sustaining this pace of innovation will demand significant resources relative to its current financial capacity.

Summary

Veea is a very early‑stage, innovation‑driven edge computing platform company with a compelling technical story but a weak financial base so far. It has built an integrated hardware‑software‑cloud offering, backed by a notable patent portfolio and a strategy centered on subscriptions, AI services, and vertical solutions. At the same time, revenues are minimal, losses are persistent, cash is limited, and equity has turned negative, indicating elevated financial and execution risk. The company’s future will likely hinge on its ability to convert partnerships and pilots into meaningful, recurring revenue, improve its cost structure over time, and secure adequate funding while it scales.