Veea Past Earnings Performance
Past criteria checks 0/6
Veea has been growing earnings at an average annual rate of 21%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 5457.9% per year.
Key information
21.0%
Earnings growth rate
21.4%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 5,457.9% |
| Return on equity | n/a |
| Net Margin | -193.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Veea makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 9 | -18 | 23 | 1 |
| 31 Mar 24 | 9 | -17 | 21 | 1 |
| 31 Dec 23 | 9 | -16 | 19 | 1 |
| 30 Sep 23 | 0 | -16 | 14 | 1 |
| 31 Dec 22 | 0 | -35 | 20 | 3 |
| 31 Dec 21 | 3 | -35 | 22 | 6 |
Quality Earnings: VEEA is currently unprofitable.
Growing Profit Margin: VEEA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if VEEA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare VEEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VEEA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.3%).
Return on Equity
High ROE: VEEA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.