Veea Inc. (VEEA)
NASDAQ: VEEA · Real-Time Price · USD
6.61
-0.32 (-4.62%)
At close: Sep 27, 2024, 4:00 PM
6.80
+0.19 (2.87%)
After-hours: Sep 27, 2024, 4:11 PM EDT
Veea Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2023 | FY 2022 | FY 2021 |
| Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 9.1 | 9.07 | 0.22 | 2.8 |
| Revenue Growth (YoY) | 3960.93% | 3949.12% | -92.00% | - |
| Cost of Revenue | 0.49 | 0.47 | 0.29 | 2.76 |
| Gross Profit | 8.61 | 8.61 | -0.06 | 0.04 |
| Selling, General & Admin | 22.8 | 18.74 | 20.46 | 21.82 |
| Research & Development | 1 | 0.69 | 3.23 | 5.68 |
| Other Operating Expenses | -0.04 | -0.04 | 0.05 | -1.29 |
| Operating Expenses | 24.05 | 20.21 | 25.62 | 30.6 |
| Operating Income | -15.44 | -11.61 | -25.68 | -30.56 |
| Interest Expense | -3.58 | -5.32 | -8.58 | -4.14 |
| Interest & Investment Income | 0 | 0 | 0.01 | 0.01 |
| Currency Exchange Gain (Loss) | 1.28 | 1.28 | -2.19 | -0.16 |
| EBT Excluding Unusual Items | -17.56 | -15.64 | -36.44 | -34.85 |
| Asset Writedown | - | - | - | -1.46 |
| Other Unusual Items | - | - | 1.24 | 1.05 |
| Pretax Income | -17.56 | -15.64 | -35.2 | -35.26 |
| Earnings From Continuing Operations | -17.56 | -15.64 | -35.2 | -35.26 |
| Minority Interest in Earnings | - | - | 0.03 | 0.19 |
| Net Income | -17.56 | -15.64 | -35.17 | -35.07 |
| Net Income to Common | -17.56 | -15.64 | -35.17 | -35.07 |
| Shares Outstanding (Basic) | 7 | 7 | 7 | 7 |
| Shares Outstanding (Diluted) | 7 | 7 | 7 | 7 |
| Shares Change (YoY) | 0.64% | 0.45% | 0.73% | - |
| EPS (Basic) | -2.42 | -2.16 | -4.88 | -4.90 |
| EPS (Diluted) | -2.42 | -2.16 | -4.88 | -4.90 |
| Free Cash Flow | -21.49 | -12.69 | -22.06 | -29.56 |
| Free Cash Flow Per Share | -2.96 | -1.75 | -3.06 | -4.13 |
| Gross Margin | 94.65% | 94.85% | -27.34% | 1.53% |
| Operating Margin | -169.72% | -127.94% | -11460.62% | -1091.15% |
| Profit Margin | -193.05% | -172.38% | -15695.95% | -1252.27% |
| Free Cash Flow Margin | -236.16% | -139.85% | -9844.20% | -1055.73% |
| EBITDA | -15.15 | -10.79 | -23.8 | -27.94 |
| EBITDA Margin | -166.46% | -118.92% | - | - |
| D&A For EBITDA | 0.3 | 0.82 | 1.88 | 2.61 |
| EBIT | -15.44 | -11.61 | -25.68 | -30.56 |
| EBIT Margin | -169.72% | -127.94% | - | - |
| Revenue as Reported | - | - | - | 2.8 |
Source: S&P Capital IQ. Standard template.
Financial Sources.