Veea Inc. (VEEA) - Net Assets
Based on the latest financial reports, Veea Inc. (VEEA) has net assets worth $-4.27 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.47 Million) and total liabilities ($33.73 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Veea Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.27 Million |
| % of Total Assets | -14.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Veea Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Veea Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Veea Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Veea Inc. (2021–2024)
The table below shows the annual net assets of Veea Inc. from 2021 to 2024. For live valuation and market cap data, see Veea Inc. (VEEA) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-17.02 Million | -48.46% |
| 2023-12-31 | $-11.47 Million | -103.72% |
| 2022-12-31 | $308.61 Million | +556.20% |
| 2021-12-31 | $-67.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veea Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9835344600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.62K | % |
| Other Comprehensive Income | $135.39K | % |
| Other Components | $200.67 Million | % |
| Total Equity | $-17.02 Million | 100.00% |
Veea Inc. Competitors by Market Cap
The table below lists competitors of Veea Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greencoat UK Wind PLC
LSE:UKW
|
$26.31 Million |
|
Sumit Woods Limited
NSE:SUMIT
|
$26.32 Million |
|
Hunesion Co.Ltd
KQ:290270
|
$26.32 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$26.32 Million |
|
Adval Tech Holding AG
SW:ADVN
|
$26.28 Million |
|
B.M.P. PHARMA TRAD (BMP.SG)
STU:BMP
|
$26.25 Million |
|
BioXcel Therapeutics Inc
NASDAQ:BTAI
|
$26.24 Million |
|
ED Invest S.A.
WAR:EDI
|
$26.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veea Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -11,467,130 to -17,023,824, a change of -5,556,694.
- Net loss of 47,547,768 reduced equity.
- New share issuances of 11,064,996 increased equity.
- Other comprehensive income increased equity by 796,745.
- Other factors increased equity by 30,129,333.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-47.55 Million | -279.3% |
| Share Issuances | $11.06 Million | +65.0% |
| Other Comprehensive Income | $796.75K | +4.68% |
| Other Changes | $30.13 Million | +176.98% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Veea Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $-1.69 | $0.52 | x |
| 2022-12-31 | $7.73 | $0.52 | x |
| 2023-12-31 | $-0.32 | $0.52 | x |
| 2024-12-31 | $-0.67 | $0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veea Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33541.03%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-2.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -1252.27% | 0.15x | 0.00x | $-28.32 Million |
| 2022 | -11.40% | -15695.95% | 0.00x | 1.05x | $-66.03 Million |
| 2023 | 0.00% | -172.38% | 0.44x | 0.00x | $-14.49 Million |
| 2024 | 0.00% | -33541.03% | 0.01x | 0.00x | $-45.85 Million |
Industry Comparison
This section compares Veea Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $994,464,162
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veea Inc. (VEEA) | $-4.27 Million | 0.00% | N/A | $26.31 Million |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $110.67 Billion |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $89.55 Million |
| Applied Digital Corporation (APLD) | $3.63 Million | -76.89% | 0.16x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $8.21 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $904.39 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $11.68 Million | 53.50% | 0.37x | $1.87 Billion |
| Broadridge Financial Solutions Inc (BR) | $745.80 Million | 25.77% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $133.56 Million | 13.10% | 0.18x | $18.91 Million |
| CACI International Inc (CACI) | $2.67 Billion | 17.16% | 1.32x | $11.34 Billion |
About Veea Inc.
Veea Inc. provides edge computing and communications devices, applications, and services hosted on its edge Platform-as-a-Service (ePaaS). The company offers Veea Edge Platform ePaaS, an end-to-end platform that is both locally- and cloud-managed. Its VeeaHub products include converged computing and communications indoor and outdoor devices; and a Wi-Fi Access Point for networking and computing s… Read more