Veea Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	0.27	0.14	9.07	-
Revenue Growth (YoY)	89.68%	-98.44%	-	-
Cost of Revenue	0.1	0.08	0.47	-
Gross Profit	0.17	0.06	8.61	-
Selling, General & Admin	28.69	27.45	17.45	-
Depreciation & Amortization Expenses	0.49	0.27	0.82	-
Research & Development	0.49	1.37	0.69	-
Other Operating Expenses	0.04	55.04	-	4.07
Total Operating Expenses	29.7	84.14	18.97	4.07
Operating Income	-29.53	-84.08	-10.36	-4.07
Interest Income	-	-	0	4.68
Interest Expense	-2.28	-1.81	-5.32	-
Other Non-Operating Income (Expense)	42.76	38.34	0.04	9.97
Total Non-Operating Income (Expense)	40.49	36.53	-5.28	14.65
Pretax Income	10.96	-47.55	-15.64	10.58
Net Income	-18.86	-47.55	-15.64	10.58
Net Income to Common	-18.86	-47.55	-15.64	10.58
Shares Outstanding (Basic)	40	25	16	7
Shares Outstanding (Diluted)	40	25	16	7
Shares Change (YoY)	98.93%	56.35%	124.26%	-
EPS (Basic)	0.39	-1.88	-0.97	-4.89
EPS (Diluted)	0.39	-1.88	-0.97	-4.89
Free Cash Flow	-17.3	-25.64	-12.69	-1.02
Free Cash Flow Per Share	-0.43	-1.02	-0.79	-0.14
Gross Margin	64.04%	41.25%	94.85%	-
Operating Margin	-5779.54%	-59309.78%	-114.19%	-
Profit Margin	9463.46%	-33541.03%	-172.38%	-
FCF Margin	-6512.13%	-18087.76%	-139.85%	-
EBITDA	-14.86	-83.8	-9.54	-4.07
EBITDA Margin	-5595.15%	-59116.66%	-105.18%	-
EBIT	-29.53	-84.08	-10.36	-4.07
EBIT Margin	-5779.54%	-59309.78%	-114.19%	-

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q