Veea Inc.

VEEA · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$142$9,072$224$2,800
% Growth-98.4%3,949.1%-92%
Cost of Goods Sold$83$467$285$2,758
Gross Profit$58$8,605-$61$43
% Margin41.2%94.9%-27.3%1.5%
R&D Expenses$1,373$693$3,227$5,678
G&A Expenses$26,639$17,238$20,076$20,222
SG&A Expenses$27,450$17,454$20,460$21,824
Sales & Mktg Exp.$812$215$384$1,603
Other Operating Expenses-$977$818$1,879$5,851
Operating Expenses$27,846$18,965$25,566$33,353
Operating Income-$27,788-$10,360-$25,628-$33,311
% Margin-19,602%-114.2%-11,438.3%-1,189.5%
Other Income/Exp. Net-$19,760-$5,279-$9,572-$1,949
Pre-Tax Income-$47,548-$15,639-$35,200-$35,259
Tax Expense$0$0$0$0
Net Income-$47,548-$15,639-$35,167-$35,068
% Margin-33,541%-172.4%-15,695.9%-1,252.3%
EPS-1.88-0.440.270.17
% Growth-327.3%-263%58.8%
EPS Diluted-1.88-0.440.270.17
Weighted Avg Shares Out25,25735,62039,90239,902
Weighted Avg Shares Out Dil25,25735,62039,90239,902
Supplemental Information
Interest Income$0$2$4,679$16
Interest Expense$1,808$5,319
Depreciation & Amortization$702$1,611$1,879$2,612
EBITDA-$45,038-$8,708-$23,798-$27,944
% Margin-31,770.4%-96%-10,621.8%-997.9%