Veea Inc. Cash Flow 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	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-2.66	-47.55	-15.64	-35.17	-35.07
Depreciation & Amortization	0.69	0.7	1.61	2.62	3.3
Other Amortization	1.2	0.29	2.01	0.75	1.78
Asset Writedown & Restructuring Costs	-	-	-	0.02	1.46
Loss (Gain) From Sale of Investments	0.22	0.22	0.17	-	-
Stock-Based Compensation	7.27	6.7	0.48	0.85	0.48
Other Operating Activities	-25.42	18.45	-0.03	6.77	-0.55
Change in Accounts Receivable	-0.06	-0.03	-0.03	-0.02	0.11
Change in Inventory	-0.74	-0.64	-0.15	-3.19	-0.96
Change in Accounts Payable	2.13	0.34	-1.59	2.66	-0.93
Change in Other Net Operating Assets	0.1	-4.07	0.51	2.69	0.89
Operating Cash Flow	-17.28	-25.6	-12.65	-22.03	-29.48
Capital Expenditures	-0.01	-0.05	-0.03	-0.03	-0.08
Sale (Purchase) of Intangibles	-0.27	-0.22	-0.12	-0.22	-0.18
Investment in Securities	-	-	-	-	-0.23
Investing Cash Flow	-0.28	-0.27	-0.16	-0.25	-0.49
Short-Term Debt Issued	-	-	-	9.05	6.3
Long-Term Debt Issued	-	10.44	10.25	12	39
Total Debt Issued	10.76	10.44	10.25	21.05	45.3
Long-Term Debt Repaid	-	-	-10.98	-	-15.3
Net Debt Issued (Repaid)	10.76	10.44	-0.73	21.05	30
Issuance of Common Stock	5.42	10.04	17.26	-	0.02
Other Financing Activities	-0.01	1.1	2.05	-	0.25
Financing Cash Flow	16.18	21.57	18.57	21.53	30.27
Foreign Exchange Rate Adjustments	-0.35	-0.04	0.06	-0.02	-0
Miscellaneous Cash Flow Adjustments	-	0	-	-	-
Net Cash Flow	-1.73	-4.32	5.82	-0.77	0.3
Free Cash Flow	-17.29	-25.64	-12.69	-22.06	-29.56
Free Cash Flow Margin	-6511.14%	-18087.76%	-139.85%	-9844.20%	-1055.73%
Free Cash Flow Per Share	-0.43	-1.01	-0.79	-3.06	-4.13
Cash Interest Paid	0.64	0.5	0.89	0.35	0.23
Cash Income Tax Paid	-	-	-	0.03	0.01
Levered Free Cash Flow	12.88	-19.14	-7.55	-20.14	-
Unlevered Free Cash Flow	13.1	-18.3	-6.23	-15.53	-
Change in Working Capital	1.42	-4.4	-1.26	2.13	-0.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q