VEEA
Veea Inc.0.6868
+0.1000+17%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '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
Nasdaq noncompliance notices issued
Veea Inc. received Nasdaq notices on September 29, 2025, flagging noncompliance with three key listing rules: minimum bid price below $1.00 per share for 30 days, market value of publicly held shares under $15 million, and market value of listed securities below $50 million. Trading continues uninterrupted on the Nasdaq Global Market until March 30, 2026, with 180 days to cure by hitting the thresholds for 10 consecutive business days. The company plans to monitor prices and explore options to avoid delisting. Failure risks transfer to the stricter Nasdaq Capital Market, where it currently falls short.
10-Q
Q2 FY2025 results
Veea Inc. posted Q2 FY2025 revenue of $72.9K, up 79% y/y from $40.8K, while YTD revenue hit $87.2K, a 51% y/y gain, driven by paid pilots for VeeaHub devices amid a pivot to hardware, licenses, and subscriptions. Gross profit swelled to $68.3K from $10.1K y/y, yet operating losses narrowed to $4.9M from $6.8M as product development costs plunged 92% on reduced contractor work. Net loss stood at $7.4M, or $(0.19) per diluted share on 38.8M shares, versus $7.3M y/y; YTD net loss improved to $3.1M from $13.3M, boosted by an $8.8M gain on earn-out share liability fair value. Cash dwindled to $238K with $20.2M debt, including a maxed $14M revolver and $2.6M related-party notes, but a May 2025 Crowdkeep asset buy for 4.1M shares added $6.8M in 10-year proprietary tech. Free cash flow not disclosed in the 10-Q. Competition from hyperscalers like AWS and Microsoft pressures Veea's edge AI niche.
8-K
Veea closes $9.2M offering
Veea Inc. closed a $9.2 million public offering on August 14, 2025, raising $6.0 million in cash gross proceeds while extinguishing $3.2 million in promissory notes held by affiliate NLabs Inc. through 3.2 million shares and warrants. Net proceeds of $5.3 million will fund inventory, customer support infrastructure, and working capital. Warrants, exercisable at $1.10 per share, expire in five years, but ownership limits cap beneficial stakes at 4.99% or 9.99%. Yet dilution looms large.
8-K
VeeaTelcel 5G supply deal
Veea Inc.'s subsidiary VeeaSystems inked a three-year Supply Agreement with Telcel on August 7, 2025, to deliver its VeeaHub STAX-5G platform for 5G-based Fixed Wireless Access in Mexico. The deal, forged after rigorous certification and successful enterprise trials, equips Telcel customers with integrated 4G/5G connectivity, Wi-Fi 6, IoT gateways, AI cybersecurity, and app hosting. Partners will co-develop marketing to push these services. Yet the filing skips financial details.
8-K
Veea appoints acting CFO, CRO
Veea Inc. appointed Randal V. Stephenson as Acting Chief Financial Officer on July 15, 2025, replacing Janice Smith in that role while she continues as COO; Stephenson, with over 25 years in investment banking and prior CEO stints, brings deep M&A expertise from firms like Deutsche Bank. Helder Antunes, a board member since September 2024 and former Cisco executive, stepped up as Acting Chief Revenue Officer, leveraging his IoT and innovation background from leading Crowdkeep's tech acquisition in May 2025. These shifts bolster Veea's edge computing push amid partnerships with operators like Viasat and Starlink. Leadership transitions signal strategic focus on growth.
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