VEEA
Veea Inc.0.6868
+0.1000+17%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
34.45MP/E (TTM)
1.76Basic EPS (TTM)
0.39Dividend Yield
0%Recent Filings
8-K
Secures $5.55M term loan
Veea Inc's subsidiary VeeaSystems secured a $5.55M term loan from Pasadena Private Lending on February 17, 2026, maturing in five years with interest at prime (floor 5.75%) plus 3.75-4.50%; principal repayments start March 2027. Backed by parent/company guarantees, CEO personal guaranty, and liens on all subsidiary equity/assets, plus cash collateral minimum. Loan funds general corporate needs; covenants demand tight liquidity and leverage limits.
8-K
Veea raises via convertibles
Veea Inc. signed a Note Purchase Agreement with White Lion Capital on January 14, 2026, issuing a $555,556 face value convertible note for $475,000 net cash at first closing, plus warrants for 990,099 shares at $0.505 exercise price; notes mature in 12 months at 5% interest and convert at the lower of $0.75 or 90% of recent VWAP. Commitment extends to $2.5M across closings tied to registration milestones. It also amended its ELOC with White Lion, extending to June 30, 2027 with added commitment shares. Dilution risk looms large.
8-K
Repaid JPM line with affiliate loan
Veea Inc. secured a $14.1 million unsecured loan from affiliate NLabs Inc. on January 5, 2026, at 10% interest, due March 31 or on demand. Proceeds fully repaid its $14,076,218 JP Morgan Chase line of credit, terminating that facility. Swapped bank debt for insider terms. Prepayment allowed without penalty.
8-K
Stockholders approve all proposals
Veea Inc. stockholders overwhelmingly approved all proposals at the December 30, 2025 annual meeting, with 60% quorum present. Gary Cohen and Michael Salmasi won Class I director seats. Reverse stock split (1:2 to 1:20) and 2024 Equity Incentive Plan expansion cleared easily. Auditors ratified; exec pay endorsed yearly. Board picks split timing.
10-Q
Q3 FY2025 results
Veea posted Q3 sales of $144.9k, up 186% y/y from $50.7k, with gross profit tripling to $91.9k on higher-margin services—yet operating loss narrowed to $4.7M from $57.5M after lapping massive transaction costs. Non-GAAP metrics not disclosed in the 10-Q. Cash fell to $1.1M amid $11.5M operating burn, offset by $11.1M financing including an August public offering; revolver maxed at $14M with $17.5M total debt. Crowdkeep assets closed May 2025 for 4.1M shares (~$6.96M), adding $6.6M proprietary tech (10-year life). Nasdaq delisting looms.
IPO
Website
Employees
Sector
Industry
AEVA
Aeva Technologies, Inc.
14.02-0.35
AVNW
Aviat Networks, Inc.
21.06+0.04
CMBM
Cambium Networks Corporation
1.62+0.06
GTCH
GBT Technologies Inc.
0.00-0.00
HWNI
High Wire Networks Inc.
0.21+0.00
IVDA
Iveda Solutions, Inc.
0.97+0.07
TUYA
Tuya Inc.
2.19+0.02
UI
Ubiquiti Inc.
558.39+3.26
VIA
Via Transportation, Inc.
30.18+0.87
VSAT
ViaSat, Inc.
34.40-0.96