Twin Vee Powercats Co. (VEEE)

NASDAQ: VEEE · Real-Time Price · USD
0.395
+0.078 (24.45%)
At close: Dec 20, 2024, 4:00 PM
0.360
-0.035 (-8.84%)
After-hours: Dec 20, 2024, 5:43 PM EST
24.45%
Market Cap 5.88M
Revenue (ttm) 20.95M
Net Income (ttm) -9.97M
Shares Out 14.88M
EPS (ttm) -1.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 242,144
Open 0.345
Previous Close 0.317
Day's Range 0.330 - 0.410
52-Week Range 0.310 - 1.600
Beta 1.18
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About VEEE

Twin Vee PowerCats Co. engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company’s boats allow consumers to use them for a range of recreational activities, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions. It is also designing and developing fully electric and gas-powered boats. The company sells its boats throug... [Read more]

IPO Date Jul 21, 2021
Employees 90
Stock Exchange NASDAQ
Ticker Symbol VEEE
Full Company Profile

Financial Performance

In 2023, Twin Vee Powercats Co.'s revenue was $33.43 million, an increase of 4.50% compared to the previous year's $31.99 million. Losses were -$7.19 million, 40.0% more than in 2022.

Financial Statements

News

Twin Vee PowerCats Attends Annual Dealer Week Conference in Orlando to Grow Dealer Network

FORT PIERCE, FL / ACCESSWIRE / December 10, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, is attending Deal...

11 days ago - Accesswire

Twin Vee PowerCats Co. Welcomes Shawn Erb as Director of Sales and Dealer Relations

FORT PIERCE, FL / ACCESSWIRE / December 9, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced th...

12 days ago - Accesswire

Twin Vee Powercats Co. (VEEE) Q3 2024 Earnings Call Transcript

Twin Vee Powercats Co. (NASDAQ:VEEE) Q3 2024 Earnings Conference Call November 14, 2024 12:00 PM ET Company Participants Joseph Visconti - Chairman and CEO Michael Dickerson - Chief Financial and Adm...

5 weeks ago - Seeking Alpha

Twin Vee PowerCats Co. Reports Third Quarter 2024 Results of Operations

FORT PIERCE, FL / ACCESSWIRE / November 14, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a manufacturer of Twin Vee PowerCats and AquaSport boats known as offshore, famil...

5 weeks ago - Accesswire

Twin Vee PowerCats Co. and Forza X1, Inc. Shareholders Vote to Approve Merger Between Companies

FORT PIERCE, FL / ACCESSWIRE / November 13, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee"), and Forza X1, Inc. (OTC PINK:FRZA), ("Forza"), today announced that their respective shareholders...

5 weeks ago - Accesswire

Twin Vee PowerCats Co. Announces Third Quarter 2024 Earnings Call on November 14

FORT PIERCE, FL / ACCESSWIRE / November 7, 2024 / Twin Vee PowerCats, Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, will host a conf...

6 weeks ago - Accesswire

Twin Vee PowerCats Co. Launches "CEO Hustle" Webcast

FORT PIERCE, FL / ACCESSWIRE / October 30, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, launched its new w...

7 weeks ago - Accesswire

Twin Vee PowerCats Co. Announces "CEO Hustle" Webcast: A Direct Line to Everything Twin Vee

FORT PIERCE, FL / ACCESSWIRE / October 25, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced i...

2 months ago - Accesswire

Twin Vee PowerCats Co. to Present at ThinkEquity Conference in New York City on October 30

FORT PIERCE, FL / ACCESSWIRE / October 22, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced it...

2 months ago - Accesswire

Twin Vee's 28 Aquasport Reviewed in Latest Power & Motoryacht Article

FORT PIERCE, FL / ACCESSWIRE / October 16, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, announced that ren...

2 months ago - Accesswire

FORZA X1 INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forza X1, Inc. - FRZA

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Forza X1, Inc. (...

2 months ago - Business Wire

Twin Vee PowerCats Launching the Redesign of Its Best Selling Line of Bay Boats

FORT PIERCE, FL / ACCESSWIRE / September 30, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced ...

2 months ago - Accesswire

Twin Vee PowerCats Co. Hires Carol Hindsman as New CTO to Develop Pro-Direct Platform, the All-Digital, Customer-Centric, End-to-End Boat Marketplace

FORT PIERCE, FL / ACCESSWIRE / September 24, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced ...

3 months ago - Accesswire

Twin Vee PowerCats CEO Joseph Visconti Showcases New 280 GFX2 in YouTube Video

FORT PIERCE, FL / ACCESSWIRE / September 19, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer of offshore, family-friendly sport boats, today announced the lau...

3 months ago - Accesswire

Twin Vee PowerCats Initiates Development on Automotive-Inspired Buy/Sell Marketplace & All Digital, Customer-Centric, End-to-End Boat Buying Platform

FORT PIERCE, FL / ACCESSWIRE / September 16, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, announced today ...

3 months ago - Accesswire

Twin Vee Powercats Co. (VEEE) Q2 2024 Earnings Call Transcript

Twin Vee Powercats Co. (NASDAQ:VEEE) Q2 2024 Results Conference Call August 14, 2024 4:00 PM ET Company Participants Joseph Visconti - President and CEO Michael Dickerson - CFO Operator Ladies and ge...

4 months ago - Seeking Alpha

Twin Vee PowerCats Co. Reports Second Quarter 2024 Results of Operations

FORT PIERCE, FL / ACCESSWIRE / August 14, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), manufactures Twin Vee PowerCats and AquaSport boats knows as offshore, family-frien...

4 months ago - Accesswire

Safe Staff, Safe Schools: School Support Staff Release Worker-Led Report on Violence in Nova Scotia Public Schools

HALIFAX-KJIPUKTUK, Nova Scotia--(BUSINESS WIRE)--Members of the Nova Scotia School Board Council of Unions will present “Safe Staff, Safe Schools: A worker-led review of violence in Nova Scotia's publ...

4 months ago - Business Wire

Forza X1, Inc. Suspends Second Quarter 2024 Financial Results Call Due to Announcement of Merger Agreement with Twin Vee PowerCats Co.

Investors Encouraged to Attend Twin Vee's Earnings Call on August 14 at 4:00 pm EDT FORT PIERCE, FL / ACCESSWIRE / August 13, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer ...

4 months ago - Accesswire

Twin Vee PowerCats Co. and Forza X1, Inc. Announce Merger Agreement

FORT PIERCE, FL / ACCESSWIRE / August 12, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee") and Forza X1, Inc. (Nasdaq:FRZA) ("Forza"), today jointly announced that they have entered into a de...

4 months ago - Accesswire

Twin Vee PowerCats Co. Announces Second Quarter 2024 Earnings Call on August 14

FORT PIERCE, FL / ACCESSWIRE / August 7, 2024 / Twin Vee PowerCats, Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, will host a confer...

4 months ago - Accesswire

Twin Vee PowerCats Co. Appoints Karl Zimmer as President to Drive Strategic Growth Initiatives

FORT PIERCE, FL / ACCESSWIRE / July 15, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a designer, manufacturer, and distributor of recreational and commercial power boats...

5 months ago - Accesswire

Twin Vee PowerCats Co. Reports Results for First Quarter 2024 Operations

FORT PIERCE, FL / ACCESSWIRE / May 15, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, t...

7 months ago - Accesswire

Twin Vee PowerCats Co. Announces Q1 2024 Earnings Call on May 15

FORT PIERCE, FL / ACCESSWIRE / May 8, 2024 / Twin Vee PowerCats, Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, will host a conference...

8 months ago - Accesswire

Twin Vee PowerCats Co. Partners with Raymarine on Next Generation GFX-2 Boat Models

FORT PIERCE, FL / ACCESSWIRE / April 26, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that...

8 months ago - Accesswire