Consumer Cyclical -
Auto - Recreational Vehicles - NASDAQ - US
$ 2.369
-1.67 %
$ 5.3 M
Market Cap
-0.23
P/E
1. INTRINSIC VALUE
Balance Sheet
Twin Vee Powercats Co.
| Current Assets | 10.4 M |
| Cash & Short-Term Investments | 7.49 M |
| Receivables | 0 |
| Other Current Assets | 2.93 M |
| Non-Current Assets | 15.5 M |
| Long-Term Investments | 0 |
| PP&E | 15.4 M |
| Other Non-Current Assets | 40.3 K |
| Current Liabilities | 3.75 M |
| Accounts Payable | 2.22 M |
| Short-Term Debt | 659 K |
| Other Current Liabilities | 874 K |
| Non-Current Liabilities | 2.92 M |
| Long-Term Debt | 2.92 M |
| Other Non-Current Liabilities | 1 |
EFFICIENCY
Earnings Waterfall
Twin Vee Powercats Co.
| Revenue | 14.4 M |
| Cost Of Revenue | 15.1 M |
| Gross Profit | -751 K |
| Operating Expenses | 13.8 M |
| Operating Income | -14.6 M |
| Other Expenses | -542 K |
| Net Income | -14 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Twin Vee Powercats Co.
| Net Income | -14 M |
| Depreciation & Amortization | 1.75 M |
| Capital Expenditures | -6.34 M |
| Stock-Based Compensation | 1.18 M |
| Change in Working Capital | 2.14 M |
| Others | 1.51 M |
| Free Cash Flow | -13.3 M |
Wall Street Analysts Price Targets
Twin Vee Powercats Co.
VEEE has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
VEEE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Twin Vee Powercats Co.
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
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
77.7 K USD 3
9-12 MONTHS
7. News
Twin Vee and Fetch.AI Partner to Bring Autonomous AI Agents to BoatsForSale.com Platform
FORT PIERCE, FLORIDA / ACCESS Newswire / July 16, 2025 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that it has entered into a strategic collaboration with Fetch.AI to integrate advanced autonomous AI agents across the Company's national marine marketplace. The partnership aims to redefine how consumers interact with boat listings and how sellers manage engagement, introducing next-generation intelligence to the online boating experience.
accessnewswire.com
- 1 week ago
Online Boat Sales: Twin Vee Offers All Boat Dealers First-Mover Advantage
Twin Vee Unleashes Exclusive Dealer Access to Boatsforsale.com Founders Program FORT PIERCE, FL / ACCESS Newswire / July 11, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced a new strategic initiative designed to encourage marine dealers and OEM boat builders to participate in the exclusive Founder's Program offered by the new BoatsForSale.com online marketplace. This initiative represents a rare, time-sensitive opportunity to establish a competitive digital presence before the platform reaches its full capacity and founder access is permanently closed.
accessnewswire.com
- 2 weeks ago
Twin Vee PowerCats Unveils Images of New Bahama Boat Works Models
FORT PIERCE, FL / ACCESS Newswire / July 3, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the release of the first official images of its new Bahama Boat Works model lineup following the Company's recent acquisition of Bahama Boat Works. The newly introduced Bahama models will include the 22', 24', and 28' center console boats.
accessnewswire.com
- 3 weeks ago
Twin Vee PowerCats Announces New Bahama Boat Works Model Lineup, Expanding the Brand's Legacy of Excellence
FORT PIERCE, FL / ACCESS Newswire / June 25, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the official development and expansion of a full-scale Bahama Boat Works model lineup. This announcement follows Twin Vee's recent acquisition of Bahama Boat Works, marking a significant strategic milestone as the Company brings a broader range of premium monohull center console boats to the recreational marine market.
accessnewswire.com
- 1 month ago
Twin Vee PowerCats Co. Announces Acquisition of Iconic Bahama Boat Works
FORT PIERCE, FL / ACCESS Newswire / June 6, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, proudly announces the acquisition of Bahama Boat Works, uniting two renowned legacies in the marine industry. The iconic Bahama brand, long celebrated for its unmatched craftsmanship, timeless aesthetic, and dedication to producing some of the finest offshore fishing vessels, will continue to uphold these standards under Twin Vee.
accessnewswire.com
- 1 month ago
Twin Vee PowerCats and Wizz Banger, Inc. Developing A.I. Toolkit to Drive Dealer Success in Marine Retail
FORT PIERCE, FL / ACCESS Newswire / June 2, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today provided further details on the AI-powered toolkit its subsidiary, Wizz Banger, Inc., is actively engineering. Wizz Banger is crafting a comprehensive suite of tools designed to transform the marine retail landscape, empowering dealerships with high-quality leads, streamlined transactions, and unmatched market transparency, revolutionizing how boats are sold in the $57 billion recreational boating industry.
accessnewswire.com
- 1 month ago
Twin Vee PowerCats Unveils 3D Boat Configurator, Putting Customers First with Immersive "Build & Price" Experience
FORT PIERCE, FL / ACCESS Newswire / May 29, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the highly anticipated official relaunch of its 22-foot BayCat. It makes its return with a host of modern upgrades and refined features, ready to redefine aquatic adventures for families, anglers, and water enthusiasts alike.
accessnewswire.com
- 1 month ago
Twin Vee PowerCats Launches Wizz Banger to Revolutionize Boat Buying and Selling with AI-Powered Marketplace
FORT PIERCE, FL / ACCESS Newswire / May 22, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the launch of Wizz Banger, which has been developed as the innovative force behind BoatsForSale.com and a groundbreaking marine commerce platform with the goal of transforming the $57 billion recreational boating industry. By integrating Wizz Banger's AI-powered tools into BoatsForSale.com's digital marketplace, this initiative is intended to represent a value add for Twin Vee's primary business of manufacturing boats, while developing a separate digital business.
accessnewswire.com
- 2 months ago
Twin Vee PowerCats Co. Announces Closing of Public Offering
FORT PIERCE, FL / ACCESS Newswire / May 12, 2025 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the closing of its underwritten public offering of 750,000 shares of its common stock. Each share of common stock was sold at a public offering price of $4.00 per share.
accessnewswire.com
- 2 months ago
Twin Vee Powercats Co. (VEEE) Q1 2025 Earnings Call Transcript
Twin Vee Powercats Co. (NASDAQ:VEEE ) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Joseph Visconti - President & Chief Executive Officer Mike Dickerson - Chief Financial Officer & Chief Administrative Officer Conference Call Participants Operator Welcome to the Twin Vee Powercats Co.'s First Quarter 2025 Investor Call. As a reminder, this call is being recorded and all participants are in a listen-only mode.
seekingalpha.com
- 2 months ago
Twin Vee Powercats Announces Pricing of Public Offering
FORT PIERCE, FL / ACCESS Newswire / May 8, 2025 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the pricing its underwritten public offering of 750,000 shares of its common stock. Each share of common stock is being sold at a public offering price of $4.00 per share.
accessnewswire.com
- 2 months ago
Twin Vee PowerCats Announces Proposed Public Offering of Common Stock
FORT PIERCE, FL / ACCESS Newswire / May 8, 2025 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that it intends to offer to sell shares of common stock in an underwritten public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering.
accessnewswire.com
- 2 months ago
8. Profile
Summary
Twin Vee Powercats Co. VEEE
COUNTRY
US
INDUSTRY
Auto - Recreational Vehicles
MARKET CAP
$ 5.3 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
65
Officers
Mr. Preston Yarborough
Vice President & Director
Mr. Thomas Huffman
Chief Information Officer
Mr. Jay Foster
Chief Marketing Officer
Mr. Michael P. Dickerson
Chief Financial & Administrative Officer
Mr. Glenn Sonoda
Secretary
Mr. Shawn Erb
Director of Sales & Dealer Relations
Mr. Joseph Visconti
President, Chief Executive Officer & Chairman of the Board