Twin Vee PowerCats, Co. (VEEE)
About Twin Vee PowerCats, Co.
Twin Vee PowerCats Co is a designer, manufacturer, and marketer of recreational and commercial power boats to use for fishing, diving and water skiing, and commercial activities including transportation, eco-tours, fishing, and diving expeditions. The company offers various boat models, including Twin Vee 400 GFX2 CC, Twin Vee 280 GFX2 CC, and Twin Vee 260 Center Console STX, among others. Its products are marketed under two brands, Twin Vee for its catamarans, or dual-hull vessels, and Aquasport for its V-hull boats. The company sells its boats through a network of independent boat dealers across North America, the Caribbean, and Central America who resell the boats to the end user, Twin Vee customers.
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Financial summary
- Revenue FY2025
- $14.8M
- Net income
- -$8.6M
- Total assets
- $16.2M
- Market cap
- $3.1M
- Gross margin
- 8.5%
- Operating margin
- -59.3%
- Net margin
- -58.1%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $14.8M
- Cost of revenue
- $13.6M
- Gross profit
- $1.3M
- Operating expenses
- $10.0M
- Operating income
- -$8.8M
- Net income
- -$8.6M
- EPS (basic)
- $-4.37
- EPS (diluted)
- $-4.37
Balance sheet
- Total assets
- $16.2M
- Current assets
- $4.9M
- Total liabilities
- $2.8M
- Current liabilities
- $2.2M
- Shareholders’ equity
- $13.5M
Cash flow
- Operating cash flow
- -$6.9M
- Investing cash flow
- -$1.6M
- Financing cash flow
- $2.4M
- Net cash flow
- -$6.1M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $3.1M
- EPS (diluted)
- $-4.37
- Shares outstanding
- 239.6K
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 21, 2021
Twin Vee PowerCats, Co. (VEEE) Stock Price
- Reported a net loss of $8.6M in FY2025.
- Revenue declined 6% from FY2021 to FY2025.
- Gross margin of 8.5%, net margin -58.1%.
- Trading 88% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Twin Vee PowerCats, Co.
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Twin Vee PowerCats, Co.: frequently asked questions
Is Twin Vee PowerCats, Co. an American company?
Yes — Twin Vee PowerCats, Co. is an American company headquartered in Ft. Pierce, Florida. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is Twin Vee PowerCats, Co. headquartered?
Twin Vee PowerCats, Co. is headquartered in Ft. Pierce, Florida, United States.
Is Twin Vee PowerCats, Co. publicly traded?
Yes — Twin Vee PowerCats, Co. is a publicly traded company. Its stock trades under the ticker symbol VEEE on the NASDAQ.
What does Twin Vee PowerCats, Co. do?
Twin Vee PowerCats, Co. is an American Marine company in the Automotive & Transportation sector.
