Veea Inc. financial data

Symbol
VEEA, VEEAW on Nasdaq
Industry
Services-Computer Integrated Systems Design
Location
164 E. 83 Rd Street, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
Plum Acquisition Corp. I (to 9/18/2024)
Latest financial report
10-K - Q4 2024 - Apr 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 91.3 % +222%
Debt-to-equity -274 % -350%
Return On Equity 456 % +549%
Return On Assets -137 % -263%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 36.4M shares
Common Stock, Shares, Outstanding 36.2M shares +84.4%
Entity Public Float 83.8M USD +52.4%
Common Stock, Value, Issued 3.62K USD +84.4%
Weighted Average Number of Shares Outstanding, Basic 22.3M shares +35.7%
Weighted Average Number of Shares Outstanding, Diluted 22.3M shares +35.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 50.7K USD -99.4%
Research and Development Expense 357K USD +92.1%
Selling and Marketing Expense 80.9K USD -41.3%
General and Administrative Expense 1.99M USD -62%
Costs and Expenses 789K USD +36.3%
Operating Income (Loss) -84.1M USD -712%
Nonoperating Income (Expense) 36.5M USD
Net Income (Loss) Attributable to Parent -47.5M USD -204%
Earnings Per Share, Basic -1.49 USD/shares -1342%
Earnings Per Share, Diluted -1.49 USD/shares -1342%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.69M USD -72%
Inventory, Net 7.46M USD +1.13%
Other Assets, Current 712 USD
Assets, Current 14.9M USD +6.64%
Property, Plant and Equipment, Net 211K USD -44.1%
Operating Lease, Right-of-Use Asset 117K USD -78.5%
Intangible Assets, Net (Excluding Goodwill) 786K USD +25.1%
Goodwill 4.78M USD -0.36%
Assets 21.1M USD +1.23%
Accounts Payable, Current 1.29M USD +19.8%
Accrued Liabilities, Current 5.57M USD +17.5%
Liabilities, Current 20.1M USD -37.4%
Operating Lease, Liability, Noncurrent 119K USD
Liabilities 38.1M USD +18%
Accumulated Other Comprehensive Income (Loss), Net of Tax 135K USD
Retained Earnings (Accumulated Deficit) -218M USD -27.9%
Stockholders' Equity Attributable to Parent -17M USD -48.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -17M USD -48.5%
Liabilities and Equity 21.1M USD +1.23%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -402K USD -68.4%
Net Cash Provided by (Used in) Financing Activities 475K USD
Net Cash Provided by (Used in) Investing Activities -135K USD
Common Stock, Shares Authorized 551M shares 0%
Common Stock, Shares, Issued 36.2M shares +84.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 11.4K USD -92.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.69M USD -72%
Deferred Tax Assets, Valuation Allowance 47M USD +32.2%
Deferred Tax Assets, Gross 47.1M USD +30.6%
Operating Lease, Liability 122K USD
Depreciation 56K USD -12.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -34.9M USD -1323%
Lessee, Operating Lease, Liability, to be Paid 122K USD
Property, Plant and Equipment, Gross 1.42M USD +3.31%
Operating Lease, Liability, Current 122K USD -72.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 122K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 30.9K USD
Deferred Tax Assets, Operating Loss Carryforwards 35.2M USD +26.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 201M USD +25.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 11K USD -97.9%
Deferred Tax Assets, Net of Valuation Allowance 41.5K USD -91.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%