• 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
Close Price of Common Stock	0.68$	0.52$	0.63$	0.66$	1.91$	1.59$	3.81$	6.52$
Market Cap of Common Stock	34,151,127$	25,837,763$	31,375,501$	33,170,883$	69,668,938$	56,741,944$	135,966,544$	51,992,365$
QoQ%	32.18%	(17.65%)	(5.41%)	(52.39%)	22.78%	(58.27%)	161.51%
YoY%	(50.98%)	(54.46%)	(76.92%)	(36.20%)
Common Shares Outstanding	50,407,567		50,467,421	50,160,673	40,926,445	36,541,882	36,202,798	35,686,757	21,357,113	21,321,870	19,635,912	16,427,124	16,427,124	16,427,124	15,345,255							7,718,330
QoQ%			.61%	22.56%	12.00%	.94%	1.45%	67.10%	.17%	8.59%	19.53%	.00%	.00%	7.05%
YoY%	23.17%		39.40%	40.56%	91.63%	71.38%	84.37%	117.24%	30.01%	29.80%	27.96%
Price to Sales	153.81x	116.37x	141.31x	124.89x	406.55x	407.48x	959.13x	371.28x
Price to Earnings	-	-	-	-	-	-	-	-
Price to Book	-	-	-	-	-	-	-	-
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%)
TTM			222,039$	265,611$	171,368$	139,252$	141,760$	140,035$	9,098,606$
TTM_QoQ%			(16.40%)	55.00%	23.06%	(1.77%)	1.23%	(98.46%)
TTM_YoY%			56.63%	89.68%	(98.12%)
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%
QoQ			153.93%	(30.29%)	80.16%	(10.02%)	(46.85%)	45.65%	(3.78%)	1,249.36%	(1,320.55%)
YoY			193.79%	(6.99%)	68.95%	(14.99%)	1,244.39%	(29.32%)
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$)					(89,565$)
QoQ%			24.90%	5.25%	14.68%	59.33%	75.34%	(740.91%)	(12.27%)	(18.28%)	(253.55%)	679.22%	49.80%
YoY%			75.31%	91.89%	28.03%	5.30%	(175.40%)	(1,814.58%)	(1,081.01%)	(428.09%)			62.52%
TTM			(18,852,645$)	(29,531,783$)	(82,366,505$)	(84,283,059$)	(84,605,968$)	(75,574,338$)	(14,723,517$)	(8,464,974$)	(3,527,864$)
TTM_QoQ%			36.16%	64.15%	2.27%	.38%	(11.95%)	(413.29%)	(73.94%)	(139.95%)
TTM_YoY%			77.72%	60.92%	(459.42%)	(895.67%)	(2,298.22%)
Operating Margin			34,751.49%	(3,217.27%)	(6,747.77%)	(40,439.51%)	(42,335.50%)	(113,445.10%)	(16,754.05%)	(36,317.19%)	(16,206.82%)	37.22%										(4,478,250.00%)
QoQ			37,968.76%	3,530.50%	33,691.75%	1,895.99%	71,109.61%	(96,691.05%)	19,563.13%	(20,110.37%)	(16,244.04%)
YoY			77,086.99%	110,227.83%	10,006.29%	(4,122.33%)	(26,128.68%)	(113,482.32%)
Net Income			(4,923,526$)	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$
QoQ%			(458.00%)	118.56%	(272.38%)	563.69%	97.22%	(393.71%)	(3.09%)	(5.11%)	51.95%	(83.37%)	(64.43%)				(44.25%)
YoY%			(431.04%)	104.13%	(9.80%)	165.66%	85.12%	(157.02%)	4.54%	(52.26%)			(476.22%)	(227.56%)				884.10%
TTM			(6,660,038$)	(2,663,661$)	(37,362,510$)	(36,701,304$)	(47,547,768$)	(52,850,000$)	(32,491,859$)	(32,812,981$)	(30,565,802$)
TTM_QoQ%			(150.03%)	92.87%	(1.80%)	22.81%	10.03%	(62.66%)	.98%	(7.35%)
TTM_YoY%			85.99%	94.96%	(14.99%)	(11.85%)	(55.56%)
Profit Margin			48,863.89%	948.96%	(10,162.02%)	30,143.40%	(2,767.94%)	(65,748.98%)	(16,538.81%)	(39,042.41%)	(19,607.13%)	(143.91%)										17,127,800.00%
QoQ			47,914.93%	11,110.99%	(40,305.42%)	32,911.34%	62,981.04%	(49,210.17%)	22,503.60%	(19,435.28%)	(19,463.22%)
YoY			51,631.83%	66,697.94%	6,376.78%	69,185.81%	16,839.19%	(65,605.07%)
Equity to Common Shareholders			(9,751,880$)	(4,265,475$)	(10,932,589$)	(11,675,924$)	(17,024,824$)	(8,005,110$)	(11,698,218$)	(5,024,243$)	(11,467,130$)	(26,461,423$)	(29,721,434$)	(21,519,860$)	(30,297,723$)		(16,425,540$)	(17,809,257$)	(21,180,336$)			5,000,001$
QoQ			(5,486,405$)	6,667,114$	743,335$	5,348,900$	(9,019,714$)	3,693,108$	(6,673,975$)	6,442,887$	14,994,293$	3,260,011$	(8,201,574$)	8,777,863$			1,383,717$	3,371,079$
QoQ%			(128.62%)	60.98%	6.37%	31.42%	(112.67%)	31.57%	(132.84%)	56.19%	56.67%	10.97%	(38.11%)	28.97%			7.77%	15.92%
YoY			7,272,944$	3,739,635$	765,629$	(6,651,681$)	(5,557,694$)	18,456,313$	18,023,216$	16,495,617$	18,830,593$		(13,295,894$)	(3,710,603$)	(9,117,387$)			(22,809,258$)
YoY%			42.72%	46.72%	6.55%	(132.39%)	(48.47%)	69.75%	60.64%	76.65%	62.15%		(80.95%)	(20.84%)	(43.05%)			(456.19%)
Dividends Paid
Additional Paid-In Capital QoQ			1,047,349$	5,255,797$	7,985,171$	1,029,404$	(9,997,595$)	203,582,681$	1,289,645$	(153,682,059$)	153,155,733$	(593,136$)	(619,354$)
Treasury Stock
QoQ
Goodwill			5,101,625$	5,174,240$	5,233,499$	4,924,151$	4,779,625$	5,076,791$	4,793,149$	4,813,234$	4,797,078$	4,626,274$	4,811,901$	4,557,782$	4,576,572$
QoQ%			(1.40%)	(1.13%)	6.28%	3.02%	(5.85%)	5.92%	(.42%)	.34%	3.69%	(3.86%)	5.58%	(.41%)
YoY%			6.74%	1.92%	9.19%	2.30%	(.36%)	9.74%	(.39%)	5.61%	4.82%
Other Intangible Assets			7,426,864$	7,594,415$	7,721,559$	898,052$	786,061$	757,697$			628,477$	628,477$
QoQ			(167,551$)	(127,144$)	6,823,507$	111,991$	28,364$				0$
Amortization of Intangible Assets			187,959$	187,400$	108,272$	19,000$	23,000$	11,000$	14,000$	14,065$	(19,000$)	534,000$
Total Assets			28,220,625$	29,469,150$	28,602,053$	20,007,029$	21,093,895$	44,995,225$	36,659,870$	36,242,051$	20,837,306$	35,216,939$	55,228,382$	54,569,088$	324,041,674$							303,174,983$
QoQ			(1,248,525$)	867,097$	8,595,024$	(1,086,866$)	(23,901,330$)	8,335,355$	417,819$	15,404,745$	(14,379,633$)	(20,011,443$)	659,294$	(269,472,586$)
YoY			7,126,730$	(15,526,075$)	(8,057,817$)	(16,235,022$)	256,589$	9,778,286$	(18,568,512$)	(18,327,037$)	(303,204,368$)
Total Liabilities			37,972,505$	33,734,625$	39,534,642$	31,682,953$	38,118,720$	53,000,335$	9,515,864$	13,881,471$	32,304,436$	7,304,205$	6,326,512$	8,386,585$	15,427,545$							28,198,415$
QoQ			4,237,880$	(5,800,017$)	7,851,689$	(6,435,767$)	(14,881,615$)	43,484,471$	(4,365,607$)	(18,422,965$)	25,000,231$	977,693$	(2,060,073$)	(7,040,960$)
YoY			(146,215$)	(19,265,710$)	30,018,778$	17,801,482$	5,814,284$	45,696,130$	3,189,352$	5,494,886$	16,876,891$
Current Ratio			.49x	.57x	.48x	.54x	.74x	1.82x	.03x	.02x	.43x	.02x	.01x	.03x	.03x							3.12x
Total Current Assets			15,566,004$	16,316,625$	15,239,583$	13,660,558$	14,879,122$	38,163,856$	284,978$	135,153$	13,952,204$	120,272$	73,765$	200,791$	130,032$							3,174,482$
QoQ			(750,621$)	1,077,042$	1,579,025$	(1,218,564$)	(23,284,734$)	37,878,878$	149,825$	(13,817,051$)	13,831,932$	46,507$	(127,026$)	70,759$
Total Current Liabilities			31,818,244$	28,383,901$	31,600,070$	25,418,777$	20,136,171$	21,004,051$	8,441,417$	8,951,659$	32,185,012$	6,545,772$	5,903,054$	5,984,882$	3,875,756$							1,018,415$
QoQ			3,434,343$	(3,216,169$)	6,181,293$	5,282,606$	(867,880$)	12,562,634$	(510,242$)	(23,233,353$)	25,639,240$	642,718$	(81,828$)	2,109,126$
Debt to Asset Ratio			1.35x	1.14x	1.38x	1.58x	1.81x	1.18x	.26x	.38x	1.55x	.21x	.11x	.15x	.05x							.09x
Long Term Debt						14,327,679$	12,797,316$		12,745,648$		23,870,993$
QoQ						1,530,363$
YoY							(11,073,677$)
Capital Lease Obligations							121,579$	211,345$
Cash and Cash Equivalents							1,685,633$		1,969$	32,840$	6,010,075$	92,722$	20,880$	97,811$	86,401$							2,276,205$
QoQ									(30,871$)	(5,977,235$)	5,917,353$	71,842$	(76,931$)	11,410$
YoY							(4,324,442$)		(18,911$)	(64,971$)	5,923,674$
Interest Expenses
Interest Income								(809,282$)	394,128$	415,922$	(4,342,655$)	629,310$	626,320$	3,088,967$			453,397$					2$

Copy Table ✓