VEEAWNasdaqServices-Computer Integrated Systems DesignUS GAAP · USD

Veea Inc

Veea Inc. is a U.S.-based technology company that develops edge computing and networking systems built around its VeeaHub devices and Veea Edge/VeeaONE platform. Its offerings combine hardware, software licenses, subscriptions, and managed connectivity services for enterprise and carrier customers across connected-device and private-network use cases.

Liikevaihto0,2milj. USD
+56,6 %v/v
Liikevoitto (EBIT)−18,8milj. USD
+77,6 %v/v
EBIT-marginaali−8 483,7%
+50 826,1 %-yks.v/v
Nettotulos−6,7milj. USD
+86,0 %v/v
Vapaa kassavirta−15,2milj. USD
+40,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−100−80−60−40−20020milj. USD2021: EBIT −2,9 milj. USD20212022: EBIT −4,1 milj. USD20222023: 9,1 milj. USD2023: EBIT −10 milj. USD20232024: 0,14 milj. USD2024: EBIT −84 milj. USD20242025: 0,22 milj. USD2025: EBIT −19 milj. USD20250,22−19
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Edge hardware45 %

VeeaHub devices and related hardware used to deliver connectivity and edge compute functions.

Software licenses20 %

Technology licenses sold with customer rights to use Veea's platform capabilities.

Subscriptions20 %

Monthly or term-based subscriptions recognized over time for platform access.

Managed services10 %

Connectivity, monitoring, and support services delivered alongside the platform.

Professional and implementation services5 %

Deployment, integration, and customer-specific implementation work for pilots and rollouts.

Tuotteet

Raportoitu · osuus liikevaihdosta
78,0%12,8%8,4%FY2024100 %
  • Hardware Net78,0 %
  • Others12,8 %
  • License8,4 %
  • Subscription0,8 %

Lähde: 10-K FY2024, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Veea sells to enterprise customers, telecom operators, and solution partners that need secure edge connectivity, private networking, and IoT enablement. The company also serves pilot and trial customers in sectors such as smart retail, warehouses, buildings, agriculture, and digital inclusion, where its platform is tested before broader deployment.

Enterprise customers

Buy VeeaHub devices, licenses, and subscriptions to run secure local networks and edge applications.

Telecommunications operators

Use the platform for fixed wireless access, managed connectivity, and customer-facing network services.

Channel and distribution partners

Resell or integrate Veea's hardware and platform into broader connectivity and IoT solutions.

Pilot and trial customers

Test VeeaHub deployments and validate use cases before committing to larger rollouts.

Vertical solution buyers

Customers in smart retail, warehouses, buildings, agriculture, and digital equity use cases.

Strategia

Veea's strategy centers on commercializing its edge platform through hardware, recurring software revenue, and managed services rather than hardware alone. It is also building scale through carrier and partner relationships, while targeting vertical use cases where secure local processing, low latency, and integrated connectivity are important.

Turn pilots into recurring deploymentsLyhyt aikaväli

The business depends on moving from trials to scaled customer rollouts to build repeatable revenue.

Grow carrier and partner channelsKeskipitkä aikaväli

Distribution and telecom partnerships can extend market access without building a large direct sales footprint.

Increase recurring software and subscription mixKeskipitkä aikaväli

Recurring licenses and subscriptions can improve revenue visibility relative to one-time hardware sales.

Position the platform in vertical edge-computing use casesPitkä aikaväli

Smart retail, warehouses, buildings, agriculture, and digital inclusion create differentiated demand for edge processing.

Maantiede

Veea is headquartered in the United States and operates as a U.S.-based public company with a global product and partner footprint. The business is designed for deployment across multiple countries, and recent disclosures highlight commercial activity in Mexico through a Telcel supply agreement.

Riskit

Veea faces execution risk typical of early commercial-stage technology platforms, including long sales cycles, customer adoption uncertainty, and dependence on third-party manufacturing and distribution. It also has financing, listing, and cybersecurity risks that can materially affect operations because the business still relies on external capital and on trust in its connected-device platform.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Nasdaq listing compliance risk1Capital raising and going-concern risk2
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Nasdaq listing compliance riskVaikutus: KorkeaTodennäköisyys: Korkea

    A delisting would reduce liquidity and could impair access to capital needed to fund operations.

    Kohdistuu: Common stock and public warrants

  2. Capital raising and going-concern riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company depends on external financing and cash generation to support inventory, support infrastructure, and growth.

    Kohdistuu: Working capital and operating funding

  3. Cybersecurity and product reliability riskVaikutus: Korkea

    Security incidents, bugs, or failures could harm customer confidence in a platform built around secure connectivity.

    KohdistuuEdge devicesManaged connectivityAI cybersecurity
  4. Market acceptance riskVaikutus: Keskitaso

    The platform must prove value against established networking and edge-computing alternatives.

    KohdistuuVeeaHubVeea Edge PlatformSubscriptions
  5. Partner and manufacturing dependenceVaikutus: Keskitaso

    The company relies on distribution arrangements and third-party manufacturers to deliver products and scale deployments.

    Kohdistuu: Supply chain and channel execution

Kirjanpito

Harkinnanvaraiset erät
ASC 606 revenue recognition

Contracts may include multiple performance obligations, affecting timing and mix of reported revenue.

Vaikutus: Hardware may be recognized upfront while subscriptions are recognized over time

Deferred revenue

Customers often pay in advance for licenses and subscriptions.

Vaikutus: Creates a liability and shifts revenue into future periods

Fair value of warrants and convertible instruments

The company reports changes in fair value for derivative-like liabilities.

Vaikutus: Can create large non-cash gains or losses in other income/expense

Impairment of IPR&D and intangibles

Acquired technology assets and development projects may not meet expected value.

Vaikutus: Could lead to material write-downs

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Veea Inc (VEEAW) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo