• Income Statement
• Balance Sheet
• Cash Flow
• Ratios
• Market Data
• Valuation

	VEEA INC. (VEEA)
	Q2-CY2026	Q1-CY2026	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014
Balance Sheet Date			2025-Dec-31	2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31	2023-Dec-31		2023-Jun-30									2021-Mar-31
Fiscal Period			Q4-FY2025	Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024	Q4-FY2023		Q2-FY2023									Q1-FY2021
Total Revenue			(10,076$)	144,926$	72,927$	14,262$	33,496$	50,683$	40,811$	16,770$	31,771$	9,009,254$										2$
QoQ%			(106.95%)	98.73%	411.34%	(57.42%)	(33.91%)	24.19%	143.36%	(47.22%)	(99.65%)
YoY%			(130.08%)	185.95%	78.69%	(14.96%)	5.43%	(99.44%)
Cost Of Revenue			11,825$	53,006$	4,587$	12,330$	25,603$	14,997$	30,706$	11,984$	419,639$	24,307$										0$
Gross Profit			(21,901$)	91,920$	68,340$	1,932$	7,893$	35,686$	10,105$	4,786$	(387,868$)	8,984,947$										2$
Gross Margin			217.36%	63.43%	93.71%	13.55%	23.56%	70.41%	24.76%	28.54%	(1,220.82%)	99.73%										100.00%
Operating Expenses			3,479,659$	4,754,579$	4,989,283$	5,769,415$	14,188,591$	57,533,067$	6,847,602$	6,095,178$	4,761,200$	5,631,507$	578,954$	1,153,282$								89,567$
Operating Income			(3,501,560$)	(4,662,659$)	(4,920,943$)	(5,767,483$)	(14,180,698$)	(57,497,381$)	(6,837,497$)	(6,090,392$)	(5,149,068$)	3,353,440$	(578,954$)	(1,153,282$)			(1,544,496$)					(89,565$)
Operating Margin			34,751.49%	(3,217.27%)	(6,747.77%)	(40,439.51%)	(42,335.50%)	(113,445.10%)	(16,754.05%)	(36,317.19%)	(16,206.82%)	37.22%										(4,478,250.00%)
Interest Income								(809,282$)	394,128$	415,922$	(4,342,655$)	629,310$	626,320$	3,088,967$			453,397$					2$
Interest Expenses
Income Before Tax			(4,923,526$)	1,375,294$	(7,410,858$)	4,299,052$	(927,149$)	(33,323,555$)	(6,749,652$)	(6,547,412$)	(6,229,381$)	(12,965,414$)	(7,070,774$)	(4,300,233$)			1,879,429$	3,371,079$				342,556$
Tax Expenses
Net Income			(4,923,526$)	1,375,294$	(7,410,858$)	4,299,052$	(927,149$)	(33,323,555$)	(6,749,652$)	(6,547,412$)	(6,229,381$)	(12,965,414$)	(7,070,774$)	(4,300,233$)			1,879,429$	3,371,079$				342,556$
Profit Margin			48,863.89%	948.96%	(10,162.02%)	30,143.40%	(2,767.94%)	(65,748.98%)	(16,538.81%)	(39,042.41%)	(19,607.13%)	(143.91%)										17,127,800.00%
TTM			(2,999.49%)	(1,002.84%)	(21,802.50%)	(26,356.03%)	(33,541.03%)	(37,740.57%)	(357.11%)
Earnings to Minority							(90,000$)		528,418$			(14,927,213$)
Earnings to Common Shareholders			(4,923,526$)	1,375,294$	(7,410,858$)	4,299,052$	(837,149$)	(33,323,555$)	(7,278,070$)	(6,547,412$)	(6,229,381$)	1,961,799$	(7,070,774$)	(4,300,233$)			1,879,429$	3,371,079$				342,556$
QoQ%			(458.00%)	118.56%	(272.38%)	613.54%	97.49%	(357.86%)	(11.16%)	(5.11%)	(417.53%)	127.75%	(64.43%)				(44.25%)
YoY%			(488.13%)	104.13%	(1.82%)	165.66%	86.56%	(1,798.62%)	(2.93%)	(52.26%)			(476.22%)	(227.56%)				884.10%
Earnings Per Share, Basic			(0.10$)	0.03$	(0.19$)	0.12$	(0.02$)	(1.49$)	(0.34$)	(0.31$)		0.12$										0.04$
Earnings Per Share, Diluted			(0.10$)	0.03$	(0.19$)	0.12$	(0.02$)	(1.49$)	(0.34$)	(0.31$)		0.12$										0.04$
Unlevered FCF Per Share, Basic			(0.07$)	(0.10$)	(0.09$)	(0.10$)	(0.16$)	(0.86$)	(0.20$)	(0.51$)		(0.41$)										0.00$
Unlevered FCF Per Share, Diluted			(0.07$)	(0.10$)	(0.09$)	(0.10$)	(0.16$)	(0.86$)	(0.20$)	(0.51$)		(0.41$)										0.00$
Average Shares, Basic			50,396,320	45,644,909	38,813,663	36,369,224	36,294,258	22,292,374	21,327,643	21,115,617		16,427,124										7,718,330
Average Shares, Diluted			50,156,392	45,670,396	38,813,663	36,583,665	36,294,258	22,292,374	21,327,643	21,115,617		16,427,124										7,718,330
EBIT			(4,923,526$)	1,375,294$	(7,410,858$)	4,299,052$	(927,149$)	(33,323,555$)	(6,749,652$)	(6,547,412$)	(6,229,381$)	(12,965,414$)	(7,070,774$)	(4,300,233$)			1,879,429$	3,371,079$				342,556$
EBITDA			(4,712,143$)	1,591,727$	(7,266,251$)	4,359,168$	(858,488$)	(33,255,823$)	(6,681,187$)	(6,478,496$)	(6,145,484$)	(12,890,096$)	(7,070,774$)	(4,300,233$)			1,879,429$	3,371,079$				342,556$

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