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-Q - Q3 2024 - Nov 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 74.4 % +3064%
Debt-to-equity -300 % -766%
Return On Equity 412 % +1592%
Return On Assets -107 % -1818%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.7M shares
Common Stock, Shares, Outstanding 35.7M shares
Entity Public Float 55M USD -82.3%
Common Stock, Value, Issued 3.57K USD
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) -63.9M USD -27490%
Nonoperating Income (Expense) 25.5M USD +280%
Net Income (Loss) Attributable to Parent -37.2M USD -467%
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 1.97K USD -90.6%
Inventory, Net 7.98M USD
Other Assets, Current 24.1K USD
Assets, Current 38.2M USD +31631%
Property, Plant and Equipment, Net 252K USD
Operating Lease, Right-of-Use Asset 205K USD
Intangible Assets, Net (Excluding Goodwill) 758K USD +20.6%
Goodwill 5.08M USD +9.74%
Assets 45M USD +27.8%
Accounts Payable, Current 1.64M USD
Accrued Liabilities, Current 6.25M USD
Liabilities, Current 21M USD +221%
Operating Lease, Liability, Noncurrent 119K USD
Liabilities 53M USD +626%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.77M USD
Retained Earnings (Accumulated Deficit) -217M USD -1506%
Stockholders' Equity Attributable to Parent -8.01M USD +69.7%
Liabilities and Equity 45M USD +27.8%

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 -272M USD
Net Cash Provided by (Used in) Investing Activities 273M USD
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 35.7M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
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 2.8M USD +141%
Cash and Cash Equivalents, Period Increase (Decrease) 160K USD -92.9%
Operating Lease, Liability 211K 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 242K USD
Property, Plant and Equipment, Gross 1.42M USD
Operating Lease, Liability, Current 211K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 122K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 30.9K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 211M USD +3234%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 11K USD -97.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%