Twin Vee Powercats Co. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	29.92	33.43	31.99	15.77	11.06	10.43
Revenue Growth (YoY)	-14.46%	4.50%	102.79%	42.58%	6.05%	-
Cost of Revenue	23.05	23.7	21.33	9.5	6.29	6.35
Gross Profit	6.88	9.72	10.66	6.28	4.77	4.08
Selling, General & Admin	15.28	17.66	14.22	7.12	3.73	4.03
Research & Development	0.99	1.44	0.94	0.21	0	0
Other Operating Expenses	2.77	2.6	1.52	0.58	0.32	0.21
Operating Expenses	19.04	21.71	16.68	7.91	4.05	4.24
Operating Income	-12.16	-11.99	-6.02	-1.63	0.72	-0.16
Interest Expense / Income	0.24	0.22	0.16	0.14	0.18	0.17
Other Expense / Income	-4.69	-5.02	-1.05	-0.76	-0.63	-
Pretax Income	-7.71	-7.19	-5.14	-1.01	1.17	-0.33
Net Income	-7.71	-7.19	-5.14	-1.01	1.17	-0.33
Shares Outstanding (Basic)	10	10	8	5	4	4
Shares Outstanding (Diluted)	10	10	8	5	4	4
Shares Change	-	24.85%	43.02%	33.29%	-	-
EPS (Basic)	-0.82	-0.76	-0.67	-0.19	0.29	-0.08
EPS (Diluted)	-0.82	-0.76	-0.67	-0.19	0.29	-0.08
Free Cash Flow	-12.86	-12.1	-7.34	-3.89	0.19	-0.83
Free Cash Flow Per Share	-1.35	-1.27	-0.96	-0.73	0.05	-0.21
Gross Margin	22.98%	29.09%	33.32%	39.79%	43.15%	39.08%
Operating Margin	-40.64%	-35.86%	-18.83%	-10.34%	6.52%	-1.55%
Profit Margin	-25.77%	-21.52%	-16.06%	-6.41%	10.58%	-3.13%
Free Cash Flow Margin	-42.98%	-36.19%	-22.94%	-24.65%	1.71%	-7.94%
EBITDA	-5.91	-5.62	-4.42	-0.68	1.51	-0.05
EBITDA Margin	-19.74%	-16.81%	-13.82%	-4.28%	13.61%	-0.44%
Depreciation & Amortization	1.56	1.35	0.55	0.2	0.16	0.12
EBIT	-7.47	-6.97	-4.97	-0.87	1.35	-0.16
EBIT Margin	-24.95%	-20.86%	-15.55%	-5.54%	12.20%	-1.55%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).