Veea FY25 net loss narrows 86% to $6.7 million; net sales rise 57% to $222,018

• Veea reported a net loss of $6.7 million for fiscal 2025, narrowing 86%.
• Net sales rose 57% to $222,018.
• Operating loss tightened to $18.8 million from $84.1 million.
• Adjusted EBITDA loss widened to $17.1 million from $22.1 million.
• Management expects revenue to grow over the next several quarters on hardware, licenses, subscriptions, including anticipated revenue under its Telcel supply agreement.

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