Financial insights of VEEA

MyFinsight

For the quarter ending 2025-09-30, VEEA made $144,926 in revenue. $1,410,393 in net income. Net profit margin of 973.18%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2024-09-30
Sales, net	144,926	72,927	50,683
Cost of goods sold	53,006	4,587	14,997
Gross profit	91,920	68,340	35,686
Sales and marketing	15,555	40,515	80,937
Transaction costs incurred with contingent earnout share liability	-	-	55,038,544
Product development	-	53,417	356,761
General and administrative, net	4,522,588	4,750,744	1,989,095
Depreciation and amortization	216,436	144,607	67,730
Total operating expenses	4,754,579	4,989,283	57,533,067
Loss from operations	-4,662,659	-4,920,943	-57,497,381
Amortization of debt issuance costs and discounts	-	-	1,770,933
Other income	879	461	-
Uk r&d tax credit	-1,223,328	-	-1,251,243
Change in fair value of convertible note option liability	270	730	607,067
Other expenses	-	-	36
Change in fair value of warrant liabilities	-555,498	315,373	220,373
Change in fair value of earn-out share liability	-4,720,000	1,730,000	-24,750,000
Other expense	19,155	12,635	-
Other nonoperating income (expense)	-	-	8,739
Interest expense	442,867	433,098	451,881
Total other income	6,037,953	-2,489,915	24,173,826
Net income (loss)	1,375,294	-7,410,858	-33,323,555
Foreign currency translation adjustment	-35,099	-168,562	-
Comprehensive income (loss)	1,410,393	-7,242,296	-

Basic (in dollars per share)	0.03	-0.19	-1.49
Basic (in shares)	45,644,909	38,813,663	22,292,374
Diluted (in dollars per share)	0.03	-0.19	-1.49
Diluted (in shares)	45,670,396	38,813,663	22,292,374