Business Description
Veea Inc., established in New York in 2014, specializes in providing sophisticated solutions encompassing computing, multi-access communication protocols, edge storage, and cybersecurity. The company's cutting-edge multi-access edge computing (MEC) platform fundamentally transforms connectivity and processing at the network's periphery by consolidating functionalities typically found in servers, network-attached storage (NAS) devices, routers, firewalls, Wi-Fi access points, IoT gateways, and 4G/5G connections. Furthermore, the Veea Edge Platform facilitates direct connections from optical fiber, cellular, and satellite networks. Veea offers a diverse range of VeeaHub products: VeeaHub STAX integrates edge computing with Wi-Fi 6 wireless access; VeeaHub is tailored for professional indoor smart edge applications; and VeeaHub Outdoor provides robust wireless connectivity for smart edge applications in challenging outdoor and industrial environments. The company's offerings also include specialized platforms such as TROLLEE, a smart shopping cart system; the VeeaHub toolkit; and Veea AdEdge, an advertising solution.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.15
Total Equity: -$9.75M
Shares: 45,670,396
Total Debt: $19.76M
Cash: $133,860
EBITDA: -$3.71M
Total Debt: $19.76M
Cash: $133,860
Revenue: $222,018
Shares: 45,670,396
Revenue: $222,018
Revenue: $222,018
Revenue: $222,018
Total Equity: -$9.75M
Tax Rate: 0.0%
Equity: -$9.75M
Total Debt: $19.76M
Cash: $133,860
Current Liabilities: $31.82M
Long-Term Debt: $0.00
Total Debt: $19.76M
Total Equity: -$9.75M
Shares: 45,670,396
Shares: 45,670,396
CapEx: -$247,337
Shares: 45,670,396
Stock Price: $0.26
Net Income: -$6.66M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 27, 2026 8:03am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.8M | $224,052 | $9.1M | $141,760 | $222,018 |
| Cost of Revenue | $2.8M | $285,311 | $466,802 | $83,290 | $69,981 |
| Gross Profit | $42,828 | $-61,259 | $8.6M | $58,470 | $152,037 |
| Operating Expenses | $33.4M | $25.6M | $19.0M | $27.8M | $17.8M |
| Operating Income | -$33.3M | -$25.6M | -$10.4M | -$27.8M | -$17.6M |
| Net Income | -$35.1M | -$35.2M | -$15.6M | -$47.5M | -$6.7M |
| EBITDA | -$27.9M | -$23.8M | -$8.7M | -$45.0M | -$3.7M |
| EPS | $0.17 | $0.27 | $-0.44 | $-1.32 | $-0.15 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 27, 2026 8:03am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $951,040 | $86,401 | $6.0M | $1.7M | $133,860 |
| Total Current Assets | $7.5M | $130,032 | $14.0M | $14.9M | $15.6M |
| Total Assets | $18.5M | $324.0M | $20.8M | $21.1M | $28.2M |
| Current Liabilities | $83.6M | $3.9M | $32.2M | $20.1M | $31.8M |
| Long-Term Debt | $1.2M | $0 | $0 | $97,316 | $0 |
| Total Liabilities | $86.2M | $15.4M | $32.3M | $38.1M | $38.0M |
| Total Equity | -$67.5M | $308.6M | -$11.5M | -$17.0M | -$9.8M |
| Retained Earnings | -$119.5M | -$15.3M | -$170.3M | -$217.8M | -$224.5M |
Cash Flow (Annual)
Last updated: Jun 27, 2026 8:03am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$2.1M | -$22.0M | -$12.7M | -$25.6M | -$15.2M |
| Capital Expenditure | $-4 | $-30,768 | $-155,054 | $-265,445 | $-247,337 |
| Free Cash Flow | -$2.1M | -$22.1M | -$12.8M | -$25.9M | -$15.5M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $107,224 | $-765,159 | $5.8M | -$4.3M | -$1.6M |
Growth Trends (YoY %)
Last updated: Jun 27, 2026 8:03am (1h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -92.0% | +3,949.1% | -98.4% | +56.6% |
| Gross Profit Growth | -243.0% | +14,147.5% | -99.3% | +160.0% |
| Operating Income Growth | +23.1% | +59.6% | -168.2% | +36.6% |
| Net Income Growth | -0.3% | +55.5% | -204.0% | +86.0% |
| EBITDA Growth | +14.8% | +63.4% | -417.2% | +91.8% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 8:03am (1h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-09-29 | Antunes Helder Fragueiro | A-Award | 110,000.00 | $0.66 | $72,600 |
| 2025-09-29 | Tubinis Mark | A-Award | 125,000.00 | $0.66 | $82,500 |
| 2025-09-29 | Salmasi Michael | A-Award | 75,000.00 | $0.66 | $49,500 |
| 2025-08-14 | Salmasi Allen | J-Other | 5,239,096.00 | $1.00 | $5.2M |
| 2025-08-14 | Salmasi Allen | J-Other | 5,239,096.00 | $1.00 | $5.2M |
| 2025-08-14 | Salmasi Allen | J-Other | 5,239,096.00 | $1.10 | $5.8M |
| 2025-05-01 | Stephenson Randal | 0.00 | $0.00 | $0 | |
| 2025-03-13 | SMITH JANICE K. | A-Award | 23,007.00 | $0.00 | $12 |
| 2025-03-13 | SMITH JANICE K. | M-Exempt | 23,007.00 | $0.00 | $12 |
| 2024-12-26 | Roy Kanishka | J-Other | 2,100,885.00 | $0.00 | $0 |
| 2024-12-26 | Roy Kanishka | J-Other | 985,277.00 | $11.50 | $11.3M |
| 2024-11-11 | Roy Kanishka | J-Other | 81,116.00 | $0.00 | $0 |
| 2024-11-11 | Antunes Helder Fragueiro | A-Award | 81,116.00 | $0.00 | $0 |
| 2024-09-13 | Antunes Helder Fragueiro | A-Award | 0.00 | $7.50 | $0 |
| 2024-12-26 | BLACK ALAN J | J-Other | 39,720.00 | $0.00 | $0 |
| 2024-11-11 | BLACK ALAN J | J-Other | 81,116.00 | $0.00 | $0 |
| 2024-11-11 | Cohen Gary A. | A-Award | 81,116.00 | $0.00 | $0 |
| 2024-11-11 | Maine Douglas L | A-Award | 81,116.00 | $0.00 | $0 |
| 2024-12-30 | Salmasi Allen | A-Award | 3,036,308.00 | $3.89 | $11.8M |
| 2024-09-13 | Salmasi Allen | 0.00 | $0.00 | $0 |
Narrative Economics
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