Veea Inc., established in New York in 2014, specializes in providing sophisticated solutions encompassing computing, multi-access communication protocols, edge storage, and cybersecurity. ...
Veea Inc., established in New York in 2014, is a leader in AI-driven edge computing and communications, providing a comprehensive platform that consolidates server, NAS, router, firewall, Wi-Fi access point, IoT gateway, and 4G/5G functionalities into a single edge device. The company's flagship Veea Edge Platform enables seamless integration with ...Veea Inc., established in New York in 2014, is a leader in AI-driven edge computing and communications, providing a comprehensive platform that consolidates server, NAS, router, firewall, Wi-Fi access point, IoT gateway, and 4G/5G functionalities into a single edge device. The company's flagship Veea Edge Platform enables seamless integration with optical fiber, cellular, and satellite networks, facilitating smart edge applications across various industries. VeeaHub products are designed for different environments: VeeaHub STAX combines edge computing with Wi-Fi 6 for high-performance wireless access; VeeaHub targets professional indoor smart edge applications; and VeeaHub Outdoor withstands harsh outdoor and industrial conditions. Additional offerings include TROLLEE, a smart shopping cart system, and Veea AdEdge for advertising solutions. The company holds over 117 patents related to its technology, reflecting its innovation in the field. Financially, Veea is pre-profit, with negative net income and margins, indicating heavy investment in R&D and market expansion. The company's market capitalization is approximately $6.9 million, with a price-to-sales ratio of 17.9, and it has a small employee base of around 45 people, yet operates globally across four continents. Leadership includes founder and CEO Allen Salmasi, COO Greg Deisher, and co-founder Michael Salmasi. The company aims to simplify the deployment of secure edge infrastructure for Industry 4.0 applications, targeting sectors such as smart retail, transportation, and buildings. Despite current losses, Veea is poised for growth in the expanding edge computing market, leveraging its patented technology and strategic partnerships to drive future revenue.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$222018
+56.6%
-2.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-6.7M
+86.0%
+13.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+68.5%
+66.0%
-52.7%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-7930.8%
+59.5%
-43.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-2999.8%
+91.1%
+11.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-15.5M
+40.2%
-4.8%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-6970.2%
+61.8%
-7.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
-202.6%
-167.0%
+81.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.49x
-33.8%
+38.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.