Financial Snapshot

Revenue
$20.95M
TTM
Gross Margin
6.57%
TTM
Net Earnings
-$9.973M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
400.15%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$23.21M
Q3 2024
Cash
Q3 2024
P/E
-0.4066
Nov 29, 2024 EST
Free Cash Flow
-$12.44M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $33.43M $31.99M $15.77M $11.06M $10.43M
YoY Change 4.5% 102.79% 42.58% 6.05%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $33.43M $31.99M $15.77M $11.06M $10.43M
Cost Of Revenue $23.70M $21.33M $9.498M $6.289M $6.355M
Gross Profit $9.723M $10.66M $6.276M $4.774M $4.078M
Gross Profit Margin 29.09% 33.32% 39.79% 43.15% 39.08%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $18.91M $2.760M $1.726M $872.7K $4.124M
YoY Change 585.36% 59.85% 97.82% -78.84%
% of Gross Profit 194.52% 25.9% 27.51% 18.28% 101.13%
Research & Development $1.444M $941.5K $211.1K $0.00
YoY Change 53.32% 345.99%
% of Gross Profit 14.85% 8.84% 3.36% 0.0%
Depreciation & Amortization $1.353M $553.8K $198.5K $155.7K $115.1K
YoY Change 144.4% 178.93% 27.48% 35.35%
% of Gross Profit 13.92% 5.2% 3.16% 3.26% 2.82%
Operating Expenses $21.71M $16.68M $7.907M $4.053M $4.239M
YoY Change 30.17% 110.95% 95.06% -4.37%
Operating Profit -$11.99M -$6.022M -$1.631M $720.8K -$161.2K
YoY Change 99.07% 269.27% -326.23% -547.11%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $928.2K -$222.8K -$169.2K -$178.6K -$165.5K
YoY Change -516.68% 31.66% -5.26% 7.92%
% of Operating Profit -24.77%
Other Income/Expense, Net $1.277M $228.3K $619.7K $450.2K
YoY Change 459.34% -63.16% 37.64%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$9.782M -$5.793M -$1.011M $1.171M -$326.7K
YoY Change 68.85% 473.03% -186.33% -458.46%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$7.192M -$5.793M -$1.011M $1.171M -$326.7K
YoY Change 24.14% 473.03% -186.33% -458.46%
Net Earnings / Revenue -21.52% -18.11% -6.41% 10.58% -3.13%
Basic Earnings Per Share -$0.76 -$0.76 -$0.19 $0.29
Diluted Earnings Per Share -$0.76 -$0.76 -$0.19 $0.29 -$46.67K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $20.96M $24.98M $9.972M $891.8K $215.6K
YoY Change -16.1% 150.52% 1018.19% 313.7%
Cash & Equivalents $16.50M $23.50M $6.975M $891.8K $215.6K
Short-Term Investments $4.463M $1.482M $2.997M
Other Short-Term Assets $720.8K $882.4K $1.009M $350.00 $12.20K
YoY Change -18.32% -12.57% 288260.0% -97.13%
Inventory $4.885M $4.008M $1.800M $936.7K $704.2K
Prepaid Expenses
Receivables $80.16K $14.17K $5.140K $0.00
Other Receivables $0.00 $0.00 $286.9K $6.100K
Total Short-Term Assets $26.65M $29.89M $13.07M $1.835M $931.9K
YoY Change -10.84% 128.61% 612.47% 96.9%
Property, Plant & Equipment $13.15M $6.866M $4.434M $2.645M $1.326M
YoY Change 91.52% 54.85% 67.65% 99.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.446M $3.067M
YoY Change -52.86%
Other Assets $51.42K $32.52K $25.00K $25.00K $0.00
YoY Change 58.12% 30.08% 0.0%
Total Long-Term Assets $13.20M $8.344M $7.526M $2.670M $1.326M
YoY Change 58.2% 10.87% 181.91% 101.33%
Total Assets $39.85M $38.23M $20.60M $4.505M $2.258M
YoY Change
Accounts Payable $2.399M $2.066M $1.201M $799.3K $863.6K
YoY Change 16.14% 72.02% 50.24% -7.45%
Accrued Expenses $1.558M $1.720M $825.4K $438.3K $158.1K
YoY Change -9.4% 108.39% 88.32% 177.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $214.7K $27.85K $445.8K
YoY Change -93.75%
Total Short-Term Liabilities $4.216M $3.791M $2.155M $1.440M $1.617M
YoY Change 11.22% 75.88% 49.67% -10.93%
Long-Term Debt $3.144M $499.9K $499.9K $499.9K $525.5K
YoY Change 528.93% 0.0% 0.0% -4.87%
Other Long-Term Liabilities $436.7K $919.6K $1.244M $1.016M $0.00
YoY Change -52.51% -26.08% 22.49%
Total Long-Term Liabilities $3.581M $1.420M $1.744M $1.516M $525.5K
YoY Change 152.25% -18.61% 15.07% 188.42%
Total Liabilities $16.34M $9.796M $3.899M $2.956M $2.142M
YoY Change 66.76% 151.21% 31.93% 37.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 9.520M shares 7.625M shares 5.331M shares 4.000M shares
Diluted Shares Outstanding 9.520M shares 7.625M shares 5.331M shares 4.000M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.0555 Million

About Twin Vee PowerCats, Co.

Twin Vee PowerCats Co. engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The company is headquartered in Fort Pierce, Florida and currently employs 99 full-time employees. The company went IPO on 2021-07-21. The firm operates through three segments: Gas-powered Boats, Electric-Powered Boats, and Franchise. The Gas-powered Boat segment manufactures and distributes gas-powered boats. The Electric-Powered Boats segment is developing fully electric boats, through its subsidiary, Forza X1, Inc. The Franchise segment is developing a standard product offering and is selling franchises across the United States through its wholly owned subsidiary, Fix My Boat, Inc. Its gas-powered 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. The firm primarily sells its boats through a network of 20 independent dealers in 34 locations across North America and the Caribbean.

Industry: Ship & Boat Building & Repairing Peers: American Outdoor Brands, Inc. Brownie's Marine Group, Inc BOWFLEX INC. ESCALADE INC Forza X1, Inc. HASBRO, INC. JAKKS PACIFIC INC