Twin Vee Powercats Co. (VEEE)

NASDAQ: VEEE · IEX Real-Time Price · USD
0.725
+0.017 (2.46%)
Apr 23, 2024, 9:31 AM EDT - Market open
2.46%
Market Cap 6.84M
Revenue (ttm) 33.43M
Net Income (ttm) -7.19M
Shares Out 9.52M
EPS (ttm) -0.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 19,837
Open 0.720
Previous Close 0.707
Day's Range 0.720 - 0.740
52-Week Range 0.707 - 2.390
Beta 1.37
Analysts n/a
Price Target n/a
Earnings Date May 13, 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, VEEE'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 Co. Hires Tom Morford as Director of National Sales

FORT PIERCE, FL / ACCESSWIRE / April 23, 2024 / Twin Vee PowerCats, Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced th...

1 hour ago - Accesswire

Twin Vee PowerCats Co. Appoints Michael P. Dickerson as New Chief Financial & Administrative Officer

FORT PIERCE, FL / ACCESSWIRE / April 5, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a designer, manufacturer, and distributor of recreational and commercial power boats...

18 days ago - Accesswire

Twin Vee PowerCats Co. Launches Next Generation of Its Successful GFX Model Line: The Best Riding Boat Just Got Smarter

FORT PIERCE, FL / ACCESSWIRE / April 4, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the l...

19 days ago - Accesswire

Twin Vee PowerCats Co. Reports 4% Increase in Revenue for the Year Ended December 31, 2023

FORT PIERCE, FL / ACCESSWIRE / March 26, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats,...

Other symbols: FRZA
4 weeks ago - Accesswire

CORRECTION: Twin Vee PowerCats Co. Announces Year End 2023 Earnings Call on March 26 at 12:00 pm Eastern

(This release corrects the release that was posted earlier on March 19, 2024 to clarify that Twin Vee PowerCats Co.'s conference call and audio webcast will be held at 12:00 pm (Eastern Time) on Tuesd...

4 weeks ago - Accesswire

Twin Vee PowerCats Co. Announces Year End 2023 Earnings Call on March 26

FORT PIERCE, FL / ACCESSWIRE / March 19, 2024 / Twin Vee PowerCats, Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, will host...

4 weeks ago - Accesswire

Forza X1, Inc. Names Joseph Visconti as Interim CEO and Daniel Norton as President

FORT PIERCE, FL / ACCESSWIRE / March 18, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announce...

Other symbols: FRZA
5 weeks ago - Accesswire

Twin Vee PowerCats Co. Expands Dealership Network to Middle East with Latest Partnership with Maz Boats

FORT PIERCE, FL / ACCESSWIRE / March 15, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced a si...

5 weeks ago - Accesswire

Twin Vee PowerCats Co. Announces Dealer Meeting in May to Launch Model Year 2025 Product Line That Includes 280 Autonomous Super Boat and 280 Dual Console

FORT PIERCE, FL / ACCESSWIRE / March 13, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced its ...

5 weeks ago - Accesswire

Twin Vee PowerCats Co. Announce Arrival of Avikus Engineers to Fort Pierce to Begin Work on Autonomous A.I. Technology Partnership

FORT PIERCE, FL / ACCESSWIRE / February 1, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced th...

2 months ago - Accesswire

Twin Vee PowerCats Co. Announces Internal Measures to Reduce Costs While Continuing Its Growth Efforts

FORT PIERCE, FL / ACCESSWIRE / January 29, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced or...

3 months ago - Accesswire

Avikus, Forza X1, Inc. and Twin Vee PowerCats Co. Announce Plans for the Future of Recreational Boating with Autonomous A.I. Technology Partnership

SEOUL, SOUTH KOREA and FORT PIERCE, FL / ACCESSWIRE / January 11, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats, revealed yesterday that it entered ...

Other symbols: FRZA
3 months ago - Accesswire

Avikus and Aquasport Boats Announce Plans for the Future of Recreational Boating with Autonomous A.I. Technology Partnership

SEOUL, SOUTH KOREA and FORT PIERCE, FL / ACCESSWIRE / January 10, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport bo...

Other symbols: FRZA
3 months ago - Accesswire

Twin Vee PowerCats Co. and AquaSport Co. Subsidiary Announce the Launch of Three New Boat Models as Company Continues Its Growth Strategy with Innovative Product Development

FORT PIERCE, FL / ACCESSWIRE / December 13, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced t...

4 months ago - Accesswire

Twin Vee PowerCats Co. Reports an 8% Increase in Revenue for the Nine Months Ended September 30, 2023

FORT PIERCE, FL / ACCESSWIRE / November 13, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boa...

Other symbols: FRZA
5 months ago - Accesswire

Twin Vee PowerCats Co. Announces Move to Bring Aquasport Boat Production to Its Factory in Fort Pierce, Florida

FORT PIERCE, FL / ACCESSWIRE / November 8, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced a...

5 months ago - Accesswire

Twin Vee PowerCats Co. Announces Third Quarter 2023 Earnings Call on November 13

FORT PIERCE, FL / ACCESSWIRE / November 6, 2023 / 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 months ago - Accesswire

Twin Vee PowerCats Co. Announces Aquasport Has Begun Shipping Boats from the White Bluff, Tennessee Factory

FORT PIERCE, FL / ACCESSWIRE / October 16, 2023 / Twin Vee PowerCats, Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced t...

6 months ago - Accesswire

Twin Vee Powercats Co. Reports a 18% Increase in Revenue for the Six Months Ended June 30, 2023

FORT PIERCE, FL / ACCESSWIRE / August 14, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats...

Other symbols: FRZA
9 months ago - Accesswire

Twin Vee PowerCats Co. Announces Second Quarter 2023 Earnings Call on August 14

FORT PIERCE, FL / ACCESSWIRE / August 7, 2023 / Twin Vee PowerCats, Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, will host a confere...

9 months ago - Accesswire

Twin Vee PowerCats Co. Seeing Industry Growth in Saltwater Catamaran Sales

FORT PIERCE, FL / ACCESSWIRE / July 14, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, today anno...

10 months ago - Accesswire

Twin Vee PowerCats 400 GFX Reviewed by Boat Trader

FORT PIERCE, FL / ACCESSWIRE / June 2, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, today announ...

11 months ago - Accesswire

Twin Vee PowerCats Launches Its Wholly-Owned Aquasport Brand Amidst Record Growth in US Recreational Boating Market

FORT PIERCE, FL / ACCESSWIRE / June 1, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, today announ...

11 months ago - Accesswire

Twin Vee Powercats Co. Reports a 51% Increase in Revenue for the Three Months Ended March 31, 2023

FORT PIERCE, FL / ACCESSWIRE / May 15, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial, off-shore pow...

Other symbols: FRZA
1 year ago - Accesswire

Twin Vee PowerCats Set to Acquire Aquasport Boats and 150,000 sq. ft. Tennessee Manufacturing Facility

Aquasport has Been an Established Player in the Recreational Marine Industry for Over 50 Years FORT PIERCE, FL / ACCESSWIRE / May 9, 2023 / Twin Vee PowerCats, Co. (NASDAQ:VEEE),("Twin Vee" or the "Co...

1 year ago - Accesswire