For the quarter ending 2025-09-30, VEEAW made $144,926 in revenue. $1,410,393 in net income. Net profit margin of 973.18%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Sales, net | 144,926 | 72,927 | ||
| Cost of goods sold | 53,006 | 4,587 | ||
| Gross profit | 91,920 | 68,340 | ||
| Sales and marketing | 15,555 | 40,515 | ||
| Product development | - | 53,417 | ||
| General and administrative, net | 4,522,588 | 4,750,744 | ||
| Depreciation and amortization | 216,436 | 144,607 | ||
| Total operating expenses | 4,754,579 | 4,989,283 | ||
| Loss from operations | -4,662,659 | -4,920,943 | ||
| Other income | 879 | 461 | ||
| Uk r&d tax credit | -1,223,328 | - | ||
| Change in fair value of convertible note option liability | 270 | 730 | ||
| Change in fair value of warrant liabilities | -555,498 | 315,373 | ||
| Change in fair value of earn-out share liability | -4,720,000 | 1,730,000 | ||
| Other expense | 19,155 | 12,635 | ||
| Interest expense | 442,867 | 433,098 | ||
| Total other income | 6,037,953 | -2,489,915 | ||
| Net income (loss) | 1,375,294 | -7,410,858 | ||
| 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 | ||
| Basic (in shares) | 45,644,909 | 38,813,663 | ||
| Diluted (in dollars per share) | 0.03 | -0.19 | ||
| Diluted (in shares) | 45,670,396 | 38,813,663 | ||
VEEA INC. (VEEAW)
VEEA INC. (VEEAW)