Veea Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $222.0K | $141.8K | $9.1M |
| Cost of Revenue | $70.0K | $83.3K | $466.8K |
| Gross Profit | $152.0K | $58.5K | $8.6M |
| Gross Margin | 68.5% | 41.2% | 94.9% |
| Operating Expenses | |||
| Research & Development | $328.4K | $1.4M | $693.4K |
| SG&A Expense | $17.7M | $26.6M | $17.2M |
| Operating Income | $-18.8M | $-84.1M | $-10.4M |
| Operating Margin | -8,483.7% | -59,309.8% | -114.2% |
| Interest Expense | — | $63.7K | $78.1K |
| Pretax Income | — | — | — |
| Income Tax Expense | $670 | $15.3K | $74.5K |
| Net Income | $-6.7M | $-47.5M | $-15.6M |
| Net Margin | -2,999.8% | -33,541.0% | -172.4% |
| EPS (Basic) | $-0.16 | $-1.88 | $-0.97 |
| EPS (Diluted) | $-0.16 | $-1.88 | $-0.97 |
| Shares Outstanding (Basic) | 42.8M | 25.3M | 16.2M |
| Shares Outstanding (Diluted) | 42.8M | 25.3M | 16.2M |
| Dividends Per Share | — | — | — |