VEEE - Twin Vee Powercats Co. Stock Price, Fair Value and News

0.64USD-0.04 (-5.88%)Delayed

Market Summary

USD0.64-0.04

Delayed

-5.88%

VEEE Stock Price

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VEEE RSI Chart

VEEE Valuation

Market Cap

6.1M

Price/Earnings (Trailing)

-0.86

Price/Sales (Trailing)

6.7

Price/Free Cashflow

-0.47

VEEE Price/Sales (Trailing)

VEEE Profitability

Operating Margin

-2434.75%

Return on Equity

-23.39%

Return on Assets

-19.34%

Free Cashflow Yield

-211.09%

VEEE Fundamentals

VEEE Revenue

Revenue (TTM)

909.2K

Rev. Growth (Yr)

-100%

Rev. Growth (Qtr)

-100%

VEEE Earnings

Earnings (TTM)

-7.0M

Earnings Growth (Yr)

7.78%

Earnings Growth (Qtr)

-65.97%

Breaking Down VEEE Revenue

Last 7 days

-9.9%

Last 30 days

-19.0%

Last 90 days

-52.2%

Trailing 12 Months

-61.2%

How does VEEE drawdown profile look like?

VEEE Financial Health

Current Ratio

7.52

VEEE Investor Care

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	404.9K	1.3M	1.3M	909.2K
2022	0	430.6K	253.0K	75.4K
2021	0	3.9M	2.2M	608.2K
2020	0	8.8M	7.2M	5.5M
2019	0	0	0	10.4M

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Tracking the Latest Insider Buys and Sells of Twin Vee Powercats Co.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 22, 2022	schuyler kevin	bought	1,062	1.77	600	-
Dec 21, 2022	schuyler kevin	bought	1,365	1.79	763	-
Dec 05, 2022	yarborough preston	acquired	-	-	38,357	vice president and director

Which funds bought or sold VEEE recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	AWM Investment Company, Inc.	unchanged	-	-497,670	807,785	0.11%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-6.00	-	-%
May 15, 2024	Walleye Capital LLC	sold off	-100	-226,111	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	18.95	-1,107	2,851	-%
May 15, 2024	Mariner, LLC	unchanged	-	-16,304	25,044	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-4.17	-19,626	27,150	-%
May 13, 2024	BARD ASSOCIATES INC	reduced	-16.89	-67,227	68,153	0.03%
May 13, 2024	UBS Group AG	new	-	3,683	3,683	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	-19,701	31,980	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	1.82	-30.00	48.00	-%

Are Funds Buying or Selling VEEE?

Are funds buying VEEE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VEEE

No. of Funds

Unveiling Twin Vee Powercats Co.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	awm investment company, inc.	9.9%	939,176	SC 13G/A
Feb 14, 2023	awm investment company, inc.	9.97%	949,062	SC 13G
Feb 10, 2023	visconti joseph c	25.84%	2,506,437	SC 13G/A
Feb 03, 2023	marathon micro fund, lp	9.9%	950,000	SC 13G/A
Feb 02, 2022	twin vee powercats, inc.	57.14%	4e+06	SC 13G

Recent SEC filings of Twin Vee Powercats Co.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 15, 2024	10-Q	Quarterly Report
Apr 10, 2024	S-8	Employee Benefits Plan
Apr 05, 2024	8-K	Current Report
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	3	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 27, 2024	10-K	Annual Report
Mar 08, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Twin Vee Powercats Co.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	566.3B	94.7B	14.23%	0.38%	41.6	5.98	10.12%	15.85%
GM	52.9B	174.9B	7.77%	39.09%	4.95	0.3	8.79%	13.26%
F	48.9B	177.5B	1.99%	5.50%	12.43	0.28	7.54%	33.01%
APTV	22.3B	20.1B	18.40%	-13.41%	7.46	1.11	11.06%	348.88%
KMX	11.5B	26.5B	6.25%	-0.44%	23.91	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	16.35%	-17.59%	13.76	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-5.82%	52.54%	9.78	2.13	8.82%	17.48%
ABG	4.9B	15.4B	13.81%	15.50%	8.56	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.02%	-9.26%	-5.7	0.19	-5.64%	-9328.57%
ADNT	2.6B	15.2B	3.59%	-19.11%	16.55	0.17	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	55.08%	113.22%	21.39	1.36	26.17%	337.87%
AXL	933.4M	6.2B	14.24%	12.78%	-116.67	0.15	5.67%	-113.75%
CAAS	105.6M	573.5M	-1.13%	-36.48%	2.7	0.18	7.12%	39.36%
WKHS	75.6M	13.1M	41.18%	-74.91%	-0.61	5.77	160.69%	-5.67%
AYRO	5.7M	444.2K	-14.93%	90.00%	-0.18	12.82	-78.61%	-35.63%

Twin Vee Powercats Co. News

Latest updates

Twin Vee Powercats Co. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2021Q4	2021Q3	2021Q2	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	100.0%	5,276	2,638	-	937	330	12.00	31.00	33.00	2,076	4,118	3,298	2,898	2,498	1,721	-
Cost Of Revenue	-24.7%	4,999	6,642	5,541	5,864	5,655	7,329	5,478	5,072	3,289	2,508	1,981	1,968	1,798	1,025	-
Gross Profit	-84.2%	277	1,754	2,535	2,260	3,222	1,441	3,334	3,447	1,862	1,610	1,316	2,210	700	695	-
Operating Expenses	-49.2%	2,821	5,549	5,315	5,305	5,591	5,086	4,191	3,919	3,208	1,933	1,433	1,380	947	696	-
S&GA Expenses	-14.6%	694	813	985	914	1,023	732	707	638	636	513	278	164	251	174	-
R&D Expenses	-67.8%	150	464	64.00	261	703	261	284	175	-	61.00	-	-	-	-	-
Interest Expenses	37.8%	-66.95	-107	9.00	-70.13	-51.94	-27.72	-52.88	-43.72	-187	50.00	-17.44	-123	-32.62	-22.70	-
Net Income	-66.0%	-1,686	-1,015	-2,444	-1,903	-1,828	-2,520	-887	-538	-810	-383	51.00	1,316	-200	-23.52	-
Net Income Margin	2.0%	-7.75*	-7.91*	-6.80*	-5.45*	-14.26*	-68.13*	-13.55*	-6.79*	-1.66*	0.50*	0.33*	0.21*	-0.05*	-	-
Free Cashflow	-35.8%	-3,740	-2,754	-4,289	-2,077	-2,976	-2,533	-1,972	-1,127	-1,922	-1,365	-346	307	-33.51	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-8.5%	36,454	39,847	44,277	45,582	36,896	38,231	35,224	21,020	20,502	20,599	22,629	6,313	6,201	4,505	2,258
Current Assets	-18.3%	21,779	26,646	32,724	33,938	28,555	29,888	26,249	12,320	12,606	13,073	15,634	2,900	2,580	1,835	932
Cash Equivalents	-0.6%	16,398	16,498	12,402	26,337	21,023	23,501	19,976	5,911	5,061	6,975	8,979	407	1,096	892	216
Inventory	-20.4%	3,890	4,885	8,135	5,576	4,797	4,008	4,393	4,370	3,213	1,800	2,452	1,540	1,252	937	704
Net PPE	13.0%	13,891	12,294	10,053	9,556	6,154	5,536	4,775	4,363	3,433	2,883	2,231	1,645	1,757	1,365	1,326
Liabilities	-19.0%	6,314	7,797	9,066	8,392	5,220	5,211	5,445	5,524	4,769	3,899	5,342	4,581	4,520	2,956	2,142
Current Liabilities	-31.3%	2,897	4,216	5,327	4,512	3,854	3,791	3,996	3,976	3,123	2,155	2,897	2,044	1,891	1,440	1,617
Shareholder's Equity	28.2%	30,141	23,511	25,874	37,191	31,675	28,436	29,779	15,496	15,733	16,700	17,287	1,732	1,681	1,549	116
Retained Earnings	-11.8%	-16,033	-14,346	-11,517	-9,656	-8,321	-7,154	-4,447	-3,747	-3,208	-2,017	-1,207	-823	-874	-1,006	-2,177
Additional Paid-In Capital	1.1%	38,275	37,849	37,383	36,918	36,064	35,581	29,165	19,237	18,935	18,710	18,487	2,551	2,551	2,551	2,289
Shares Outstanding	0%	9,520	9,520	9,520	9,520	9,520	9,520	7,005	7,000	7,000	7,000	7,000	4,000	4,000	4,000	-
Minority Interest	-7.6%	7,889	8,538	9,337	9,919	3,923	4,585	5,054	-	-	-	-	-	-	-	-
Float	-	-	-	-	20,180	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-37589.4%	-1,749	-4.64	-3,500	-1,197	-2,232	-1,561	-1,388	-46.58	-1,149	-1,204	-748	-184	190	655	24.00	-211	-102	-
Share Based Compensation	-8.5%	426	466	465	489	483	634	288	302	225	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-66.7%	1,476	4,433	-10,406	-412	-243	-884	415	921	-647	-713	-6,718	-161	-443	-23.41	-57.35	-82.36	-37.33	-
Cashflow From Financing	-12.7%	-83.73	-74.32	-29.55	6,925	-2.83	5,971	15,038	-25.23	-116	-85.52	16,039	-343	458	-6.42	-67.58	533	53.00	-

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VEEE Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 5,276,343	$ 8,877,215
Cost of products sold	4,999,030	7,267,657
Gross profit	277,314	1,609,558
Operating expenses:
Selling, general and administrative	693,954	1,022,690
Salaries and wages	1,296,269	1,737,750
Professional fees	255,325	297,717
Depreciation and amortization	425,281	218,276
Research and development	149,691	702,648
Total operating expenses	2,820,520	3,979,081
Loss from operations	(2,543,206)	(2,369,523)
Other income (expense):
Dividend income	213,732	234,510
Other income (expense)	38,991	(1,551)
Interest expense	(66,950)	(51,938)
Interest income	2,577	22,430
Unrealized (loss) gain on marketable securities	(15,548)	8,034
Realized gain on marketable securities	35,210	0
Employee Retention Credit income	0	329,573
Total other income	208,012	541,058
Loss before income tax	(2,335,194)	(1,828,465)
Income taxes provision	0	0
Net loss	(2,335,194)	(1,828,465)
Less: Net loss attributable to noncontrolling interests	(648,967)	(661,693)
Net loss attributed to stockholders of Twin Vee PowerCats Co, Inc.	$ (1,686,227)	$ (1,166,772)
Basic loss per share of common stock	$ (0.18)	$ (0.12)
Dilutive loss per share of common stock	$ (0.18)	$ (0.12)
Weighted average number of shares of common stock outstanding basic	9,520,000	9,520,000
Weighted average number of shares of common stock outstanding dilutive	9,520,000	9,520,000

VEEE Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 16,137,920	$ 16,497,703
Restricted cash	260,107	257,530
Accounts receivable	90,871	80,160
Marketable securities	982,604	4,462,942
Inventories, net	3,889,982	4,884,761
Prepaid expenses and other current assets	417,268	463,222
Total current assets	21,778,752	26,646,318
Property and equipment, net	13,891,330	12,293,988
Operating lease right of use asset	735,562	854,990
Security deposit	48,708	51,417
Total Assets	36,454,352	39,846,713
Current Liabilities:
Accounts payable	1,494,271	2,399,026
Accrued liabilities	697,797	1,075,512
Contract liabilities	21,448	44,195
Finance lease liability	217,583	214,715
Operating lease right of use liability	465,864	482,897
Total current liabilities	2,896,963	4,216,345
Economic Injury Disaster Loan	499,900	499,900
Finance lease liability - noncurrent	2,589,092	2,644,123
Operating lease liability - noncurrent	327,694	436,730
Total Liabilities	6,313,649	7,797,098
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock: 10,000,000 authorized; $0.001 par value; no shares issued and outstanding	0	0
Common stock: 50,000,000 authorized; $0.001 par value; 9,520,000 shares issued and outstanding at March 31, 2024 and December 31, 2023	9,520	9,520
Additional paid-in capital	38,274,940	37,848,657
Accumulated deficit	(16,033,211)	(14,346,984)
Equity attributed to stockholders of Twin Vee PowerCats Co, Inc.	22,251,248	23,511,193
Equity attributable to noncontrolling interests	7,889,455	8,538,422
Total stockholders’ equity	30,140,703	32,049,615
Total Liabilities and Stockholders' Equity	$ 36,454,352	$ 39,846,713

About Twin Vee Powercats Co.

Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. It operates 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 20 independent boat dealers in North America, Central 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.

CEO	Mr. Joseph Visconti
WEBSITE	https://ir.twinvee.com/
INDUSTRY	Autos
EMPLOYEES	170

Twin Vee Powercats Co. Frequently Asked Questions

What is the ticker symbol for Twin Vee Powercats Co.? What does VEEE stand for in stocks?

VEEE is the stock ticker symbol of Twin Vee Powercats Co.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Twin Vee Powercats Co. (VEEE)?

As of Fri May 17 2024, market cap of Twin Vee Powercats Co. is 6.09 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VEEE stock?

You can check VEEE's fair value in chart for subscribers.

What is the fair value of VEEE stock?

You can check VEEE's fair value in chart for subscribers. The fair value of Twin Vee Powercats Co. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Twin Vee Powercats Co. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VEEE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Twin Vee Powercats Co. a good stock to buy?

The fair value guage provides a quick view whether VEEE is over valued or under valued. Whether Twin Vee Powercats Co. is cheap or expensive depends on the assumptions which impact Twin Vee Powercats Co.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VEEE.

What is Twin Vee Powercats Co.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, VEEE's PE ratio (Price to Earnings) is -0.86 and Price to Sales (PS) ratio is 6.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VEEE PE ratio will change depending on the future growth rate expectations of investors.