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Consumer Cyclical - Auto - Recreational Vehicles - NASDAQ - US
$ 0.4201
-13.8 %
$ 4 M
Market Cap
-0.42
P/E
1. INTRINSIC VALUE

Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. The company operated through 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, including fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing and diving expeditions. Further, it is developing fully electric and gas-powered boats. The company sells its boats through a network of 19 independent boat dealers in North America and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida. Twin Vee Powercats Co. operates as a subsidiary of Twin Vee PowerCats, Inc.[ Read More ]

The intrinsic value of one VEEE stock under the base case scenario is HIDDEN Compared to the current market price of 0.42 USD, Twin Vee Powercats Co. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VEEE

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FINANCIALS
33.4 M REVENUE
4.50%
-12 M OPERATING INCOME
-111.58%
-7.19 M NET INCOME
-24.14%
-6.93 M OPERATING CASH FLOW
-67.26%
-6.63 M INVESTING CASH FLOW
-3288.98%
6.82 M FINANCING CASH FLOW
-67.33%
2.9 M REVENUE
-32.95%
-2.99 M OPERATING INCOME
35.84%
-5.23 M NET INCOME
-77.63%
-2.41 M OPERATING CASH FLOW
-399.26%
-320 K INVESTING CASH FLOW
81.44%
-53.5 K FINANCING CASH FLOW
-0.45%
Balance Sheet Decomposition Twin Vee Powercats Co.
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Current Assets 26.6 M
Cash & Short-Term Investments 21 M
Receivables 80.2 K
Other Current Assets 5.61 M
Non-Current Assets 13.2 M
Long-Term Investments 0
PP&E 13.1 M
Other Non-Current Assets 51.4 K
Current Liabilities 4.22 M
Accounts Payable 2.4 M
Short-Term Debt 1.4 M
Other Current Liabilities 422 K
Non-Current Liabilities 3.58 M
Long-Term Debt 3.58 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Twin Vee Powercats Co.
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Revenue 33.4 M
Cost Of Revenue 23.7 M
Gross Profit 9.72 M
Operating Expenses 20.4 M
Operating Income -12 M
Other Expenses -4.8 M
Net Income -7.19 M
RATIOS
29.09% GROSS MARGIN
29.09%
-35.86% OPERATING MARGIN
-35.86%
-21.52% NET MARGIN
-21.52%
-30.59% ROE
-30.59%
-18.05% ROA
-18.05%
-48.51% ROIC
-48.51%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Twin Vee Powercats Co.
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Net Income -7.19 M
Depreciation & Amortization 1.35 M
Capital Expenditures -5.16 M
Stock-Based Compensation 1.9 M
Change in Working Capital -1.22 M
Others -1.97 M
Free Cash Flow -12.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Twin Vee Powercats Co.
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VEEE has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Twin Vee Powercats Co.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
77.7 K USD 3
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 12, 2024
Bought 15.8 K USD
Zimmer Karl J
President
+ 35138
0.4489 USD
2 months ago
Sep 12, 2024
Bought 24.5 K USD
Dickerson Michael Patrick
Chief Financial Officer
+ 50000
0.49 USD
2 months ago
Sep 11, 2024
Bought 16.1 K USD
VISCONTI JOSEPH C
CEO
+ 40785
0.3953 USD
2 months ago
Sep 11, 2024
Bought 21.3 K USD
Zimmer Karl J
President
+ 50000
0.4254 USD
1 year ago
Dec 22, 2022
Bought 1.06 K USD
Schuyler Kevin
Director
+ 600
1.77 USD
1 year ago
Dec 21, 2022
Bought 1.37 K USD
Schuyler Kevin
Director
+ 763
1.79 USD
7. News
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 Administrative Officer Operator Welcome to the Twin Vee PowerCats Company Third Quarter 2024 Investor Call. As a reminder, this call is being recorded and all participants are in a listen only mode. seekingalpha.com - 2 days ago
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, family-friendly fishing boats from its factory in Fort Pierce, Florida, today reported operational highlights and financial results for the three months ended September 30, 2024. Highlights: (Unless otherwise noted, all comparisons are to the three months ended September 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Q3" refers to the three months ended September 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refers to the electric boat and development segment, and "consolidated" refers to the consolidated results of Twin Vee PowerCats Co.) Shareholders of both Twin Vee and Forza X1, Inc. (OTC: FRZA) voted in favor of the merger of these two entities. accesswire.com - 2 days ago
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 have voted to approve the previously announced merger agreement at their respective annual shareholder meetings held on November 11, 2024. The merger's closing is subject to the satisfaction of the remaining customary closing conditions and both companies expect the merger to close in the near future. accesswire.com - 3 days ago
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" or the "Company"), and Forza X1, Inc. (OTC:FRZA),("Forza"), today announced that their respective shareholders have voted to approve the previously announced merger agreement at their respective annual shareholder meetings held on November 11, 2024. The merger's closing is subject to the satisfaction of the remaining customary closing conditions, and both companies expect the merger to close in the near future. accesswire.com - 3 days ago
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 conference call and audio webcast on Thursday, November 14, 2024, at 12:00 p.m. (Eastern Time) to discuss and answer questions about the Company's operational and financial highlights for the third quarter of 2024. accesswire.com - 1 week ago
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 webcast series, "CEO Hustle," with two videos hosted by CEO Joseph Visconti. CEO Hustle is posted regularly on Joseph's social media accounts and YouTube channel, ensuring convenient access for individuals who prefer to consume content on their platform of choice. accesswire.com - 2 weeks ago
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 its official Twin Vee webcast called "CEO Hustle," hosted by CEO Joseph Visconti. The all-new series offers an unprecedented look at Twin Vee's Fort Pierce, Florida facility. accesswire.com - 3 weeks ago
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 renowned marine publication Power & Motoryacht positively reviewed the newly launched 28AS center console from its wholly-owned subsidiary, Aquasport, last week. Aquasport's 28AS is an entirely new design, the first in three decades. accesswire.com - 1 month ago
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers and Looming Votes of FRZA and VEEE NEW YORK , Oct. 14, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: Forza X1, Inc. (Nasdaq: FRZA ), relating to its proposed merger with Twin Vee Powercats Co. Under the terms of the agreement, Forza shareholders are expected to receive 0.611666275 shares of Twin Vee per share of Forza they own. prnewswire.com - 1 month ago
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. (NasdaqCM: FRZA) to Twin Vee PowerCats Co. (NasdaqCM: VEEE). Under the terms of the proposed transaction, shareholders of Forza will receive 0.61166627 shares of Twin Vee for each share of Forza that they own. Upon closing of the proposed transaction, Forza shareholders would own approximately 3. businesswire.com - 1 month ago
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 that plans to launch a redesigned 22-foot BayCat boat, adding it to the Company's expanding product line. Set to debut in early 2025, Twin Vee's best-selling bay boat is back. accesswire.com - 1 month ago
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 the appointment of Carol Hindsman as its new Chief Technology Officer (CTO). Hindsman, an accomplished engineer and technology executive, will play a pivotal role in overseeing the development of Twin Vee's Pro-Direct Platform, an automotive-inspired online marketplace being designed to revolutionize the boat-buying process, improve customer satisfaction, and help expand its reach to more markets nationwide. accesswire.com - 1 month ago
8. Profile Summary

Twin Vee Powercats Co. VEEE

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COUNTRY US
INDUSTRY Auto - Recreational Vehicles
MARKET CAP $ 4 M
Dividend Yield 0.00%
Description Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. The company operated through 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, including fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing and diving expeditions. Further, it is developing fully electric and gas-powered boats. The company sells its boats through a network of 19 independent boat dealers in North America and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida. Twin Vee Powercats Co. operates as a subsidiary of Twin Vee PowerCats, Inc.
Contact 3101 South US Highway 1, Fort Pierce, FL, 34982 https://ir.twinvee.com/
IPO Date July 21, 2021
Employees 90
Officers Mr. Preston Yarborough Vice President & Director Ms. Carol Hindsman Chief Technology Officer Mr. Joseph Visconti Chief Executive Officer & Chairman of the Board Mr. Michael P. Dickerson Chief Financial & Administrative Officer Mr. Zachary Crane Director of National Sales Glenn Sonoda Secretary Mr. Jay Foster Chief Marketing Officer Mr. Karl J. Zimmer President