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Company price
4.82 USD -0.40 ( 7.66%)
Last update at 2026-10-30T20:00:00Z
VOLUME
129669
Market Cap
17.76M

Momentum Score

…

Veea Inc., an AI-driven edge infrastructure company, develops edge computing devices and products. The company offers VeeaHub products, a typical Wi-Fi Access Point for indoor and outdoor coverage and are both locally- and cloud-managed; and Linux server with a virtualized software environment, supporting patented secured docker containers, a Wi-Fi Access Point with a mesh router, a firewall, an IoT gateway, NVMe data storage, and 4G/5G modules. It also provides SecureConnect Service Platform, which enable the service providers to deliver an all-in-one solution, with a compact model of VeeaHub product; AirLynx Service Platform, a solution delivered through VeeaONE platform for service providers to offer turnkey subscription-based cellular-like Wi-Fi and IoT service coverage, with edge applications; VeeaONE IoT Platform, a powerful IoT capability with Edge AI; Niagara Building and Energy Management Systems, a platform solutions for process automation and commercial building industry; VeeaWare, a full-stack software is designed to be hardware platform agnostic; and VeeaONE platform, a VeeaCloud, provides for the servers, user interfaces and services. In addition, the company focuses on fixed-line or 5G-based fixed wireless broadband access; and subscription-based managed Wi-Fi for unserved/underserved communities. Further, it provides broadband or Internet connectivity services offered with various edge applications and value-added services, including advanced AI-driven cybersecurity through mobile network operators, multiple system operators, internet service providers, and other managed service providers. It serves climate smart buildings, smart farming with precision agriculture, smart warehouses, and smart retail as cloud-managed converged private networks applications. Veea Inc. has strategic partnership with TROLLEE Holdings Ltd. to deliver a highly advanced ai-powered autonomous retail ecosystem. Veea Inc. was founded in 2014 and is headquartered in New York, New York.

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Day Price Range
4.75
Low
5.06
High
52 Week Price Range
1.34
Low
18.67
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Veea Inc. develops edge computing hardware and software to enable distributed networks, IoT and low-latency applications at the network edge. Its long-term growth may be supported by expanding 5G deployments, rising IoT adoption and increasing demand for localized data processing that could support recurring software and services revenue. The company appears positioned to serve enterprises seeking on-premises compute and connectivity.

The primary risks are limited operating scale and financial resources, execution and commercialization challenges in a competitive, fast-evolving edge/5G market, and potential dilution from future financing.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
5.22
Dividend Yield
-
Revenue TTM
0.49M
Revenue Per Share
0.20
Gross Profit TTM
0.37M
Debt / Equity
-2.03
ROE
-
Net Debt
19.63M
ROCE
123.91%
Diluted EPS TTM
-12.54

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -6.66M -47.55M -15.64M -35.20M -35.26M
Net income -6.66M -47.55M -15.64M -35.17M -35.07M
Selling general administrative 17.65M 26.64M 17.24M 20.08M 20.22M
Selling and marketing expenses 0.35M 0.81M 0.22M 0.38M 1.60M
Gross profit 0.15M 0.06M 8.61M -0.06M 0.04M
Reconciled depreciation 0.75M 0.70M 1.61M - -
Ebit -4.46M -45.74M -10.32M -25.68M -30.56M
Ebitda -3.71M -45.04M -8.71M -23.80M -27.94M
Depreciation and amortization 0.75M 0.70M 1.61M 1.88M 2.61M
Operating income -17.61M -27.79M -10.36M -25.63M -33.31M
Other operating expenses 17.83M 27.93M 19.43M 25.85M 36.11M
Interest expense 2.20M 1.81M 5.32M - -
Interest income - 0.00M 0.00M - -
Net interest income -2.20M -1.81M -5.32M - -
Income tax expense - -1.25M - - -
Total revenue 0.22M 0.14M 9.07M 0.22M 2.80M
Total operating expenses 17.76M 27.85M 18.97M 25.57M 33.35M
Cost of revenue 0.07M 0.08M 0.47M 0.29M 2.76M
Total other income expense net 10.95M -19.76M -5.28M -9.57M -1.95M
Net income from continuing ops -6.66M -47.55M -15.64M - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 28.22M 21.09M 20.84M 16.16M 18.53M
Intangible assets 7.43M 0.74M 0.63M 1.06M 2.25M
Other current assets 5.64M 5.65M 0.51M 0.12M 1.86M
Total liab 37.97M 38.12M 32.30M 46.46M 86.18M
Total stockholder equity -9.75M -17.02M -11.47M -30.09M -67.46M
Other current liab 8.00M 6.02M 9.06M 7.23M 11.52M
Common stock 0.01M 0.00M 0.00M 0.00M 0.00M
Capital stock 0.01M 0.00M 0.00M - -
Retained earnings -224.49M -217.83M -170.28M -154.64M -119.48M
Good will 5.10M 4.78M 4.80M 4.58M 5.12M
Other assets 0.00M 0.04M - - -
Cash 0.13M 1.69M 6.01M 0.19M 0.95M
Total current liabilities 31.82M 20.14M 32.19M 45.91M 83.62M
Net debt 19.63M 11.23M 16.15M 34.64M 72.01M
Short term debt 19.76M 12.82M 22.04M 34.28M 70.40M
Short long term debt 19.76M 12.70M 21.60M - -
Short long term debt total 19.76M 12.92M 22.16M 34.83M 72.96M
Other stockholder equity 215.99M 200.67M 159.48M 123.78M 52.57M
Total current assets 15.57M 14.88M 13.95M 7.88M 7.54M
Long term investments 0.00M 0.24M 0.45M - -
Net receivables 0.14M 0.08M 0.05M 0.02M -
Long term debt - 0.10M - - -
Inventory 9.65M 7.46M 7.38M 7.55M 4.72M
Accounts payable 4.05M 1.29M 1.08M 4.40M 1.70M
Accumulated other comprehensive income -1.25M 0.14M -0.66M 0.77M -0.56M
Non currrent assets other 0.03M 0.09M -6.56M 0.10M 0.13M
Non current assets total 12.65M 6.17M 6.89M 8.28M 11.00M
Capital lease obligations - 0.12M 0.57M - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.27M -0.16M - -
Total cashflows from investing activities -0.25M -0.27M -0.16M -0.25M -319.22M
Net borrowings 7.81M 10.44M -0.73M - -
Total cash from financing activities 13.94M 21.57M 18.57M 21.52M 321.46M
Net income -6.66M -47.55M -15.64M -35.17M -35.07M
Change in cash -1.55M -4.32M 5.82M -0.77M 0.11M
Begin period cash flow 1.69M 6.01M 0.19M 0.95M -
End period cash flow 0.13M 1.69M 6.01M 0.19M 0.11M
Total cash from operating activities -15.23M -25.60M -12.65M -22.03M -2.14M
Issuance of capital stock 5.29M 11.06M 17.26M - -
Depreciation 0.75M 0.70M 1.61M 3.37M 5.08M
Other cashflows from investing activities -0.24M -0.22M -0.12M -0.22M 0.08M
Change to inventory -0.79M -0.64M -0.15M -3.19M -0.96M
Change to account receivables -0.05M -0.03M -0.03M -0.02M 0.11M
Other cashflows from financing activities 0.84M 0.07M 2.05M 9.53M -23.70M
Capital expenditures 0.25M 0.27M 0.16M 0.03M 0.00M
Change in working capital 3.11M -4.40M -0.42M -0.53M 0.04M
Stock based compensation 1.55M 6.70M 0.48M 0.85M 0.48M
Other non cash items -13.98M 18.96M 1.31M 9.45M 27.33M
Free cash flow -15.48M -25.86M -12.81M -22.06M -2.14M

Peer Comparison*

Sector: Technology Industry: Information Technology Services

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
VEEA
Veea Inc.
-0.40
7.66%
4.82 - - 36.14 0.88 39.90 164.53
IBM
International Business Machines
-0.47
0.18%
257.81 22.06 18.73 3.39 6.81 4.22 16.61
ACN
Accenture plc
11.02
4.46%
258.24 16.00 14.29 1.66 3.84 1.65 9.80
INFY
Infosys Ltd ADR
0.35
2.87%
12.55 25.55 22.78 4.20 8.01 4.10 15.87
FJTSF
Fujitsu Limited
-0.27
1.11%
24.13 21.97 14.84 0.01 3.44 1.86 11.66

Profile*

Veea Inc.

Veea Inc., an AI-driven edge infrastructure company, develops edge computing devices and products. The company offers VeeaHub products, a typical Wi-Fi Access Point for indoor and outdoor coverage and are both locally- and cloud-managed; and Linux server with a virtualized software environment, supporting patented secured docker containers, a Wi-Fi Access Point with a mesh router, a firewall, an IoT gateway, NVMe data storage, and 4G/5G modules. It also provides SecureConnect Service Platform, which enable the service providers to deliver an all-in-one solution, with a compact model of VeeaHub product; AirLynx Service Platform, a solution delivered through VeeaONE platform for service providers to offer turnkey subscription-based cellular-like Wi-Fi and IoT service coverage, with edge applications; VeeaONE IoT Platform, a powerful IoT capability with Edge AI; Niagara Building and Energy Management Systems, a platform solutions for process automation and commercial building industry; VeeaWare, a full-stack software is designed to be hardware platform agnostic; and VeeaONE platform, a VeeaCloud, provides for the servers, user interfaces and services. In addition, the company focuses on fixed-line or 5G-based fixed wireless broadband access; and subscription-based managed Wi-Fi for unserved/underserved communities. Further, it provides broadband or Internet connectivity services offered with various edge applications and value-added services, including advanced AI-driven cybersecurity through mobile network operators, multiple system operators, internet service providers, and other managed service providers. It serves climate smart buildings, smart farming with precision agriculture, smart warehouses, and smart retail as cloud-managed converged private networks applications. Veea Inc. has strategic partnership with TROLLEE Holdings Ltd. to deliver a highly advanced ai-powered autonomous retail ecosystem. Veea Inc. was founded in 2014 and is headquartered in New York, New York.

164 East 83rd Street, New York, NY, United States, 10028

212 535 6050

45

Name Title Year Born
Mr. Allen B. Salmasi Ph.D. Co-Founder, Chairman & CEO 1954
Mr. Michael Salmasi Co-Founder & Director 1990
Ms. Janice K. Smith J.D. Senior Operations Advisor 1962
Mr. Mark K. Tubinis Executive VP 1959
Mr. Helder F. Antunes Executive VP, Chief Revenue Officer & Director 1964
Mr. Greg Deisher Acting CFO, Executive VP & COO NA
Mr. Thomas Latiolais Chief Marketing Officer NA
Mr. Rich Kerr SVP Product Development NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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