Veea Inc. (VEEA)

Veea Inc. Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-52.85	-15.64	-35.17	-35.07
Depreciation & Amortization	0.83	1.61	2.62	3.3
Other Amortization	0.23	2.01	0.75	1.78
Asset Writedown & Restructuring Costs	-	-	0.02	1.46
Loss (Gain) From Sale of Investments	0.17	0.17	-	-
Stock-Based Compensation	0.47	0.48	0.85	0.48
Other Operating Activities	29.54	-0.03	6.77	-0.55
Change in Accounts Receivable	-0.04	-0.03	-0.02	0.11
Change in Inventory	-0.8	-0.15	-3.19	-0.96
Change in Accounts Payable	0.93	-1.59	2.66	-0.93
Change in Other Net Operating Assets	-3.83	0.51	2.69	0.89
Operating Cash Flow	-25.33	-12.65	-22.03	-29.48
Capital Expenditures	-0.05	-0.03	-0.03	-0.08
Sale (Purchase) of Intangibles	-0.21	-0.12	-0.22	-0.18
Investment in Securities	-	-	-	-0.23
Investing Cash Flow	-0.26	-0.16	-0.25	-0.49
Short-Term Debt Issued	-	2.25	9.05	6.3
Long-Term Debt Issued	-	8	12	39
Total Debt Issued	5.1	10.25	21.05	45.3
Long-Term Debt Repaid	-	-10.98	-	-15.3
Net Debt Issued (Repaid)	-3.81	-0.73	21.05	30
Issuance of Common Stock	10.28	0	-	0.02
Other Financing Activities	3.15	2.05	-	0.25
Financing Cash Flow	26.88	18.57	21.53	30.27
Foreign Exchange Rate Adjustments	0.35	0.06	-0.02	-0
Miscellaneous Cash Flow Adjustments	0	0	-	-
Net Cash Flow	1.64	5.82	-0.77	0.3
Free Cash Flow	-25.38	-12.69	-22.06	-29.56
Free Cash Flow Margin	-18126.95%	-139.85%	-9844.20%	-1055.73%
Free Cash Flow Per Share	-2.45	-1.75	-3.06	-4.13
Cash Interest Paid	1.04	0.89	0.35	0.23
Cash Income Tax Paid	0.01	0.01	0.03	0.01
Levered Free Cash Flow	-41.41	-8.36	-20.14	-
Unlevered Free Cash Flow	-40.24	-7.05	-15.53	-
Change in Net Working Capital	28.78	1.73	2.7	-

Source: S&P Capital IQ. Standard template. Financial Sources.