Twin Vee PowerCats Co (VEEE)

Overview News Price History Discussions Forecast

Twin Vee PowerCats Co stock is currently priced at $0.9894, with a 24-hour trading volume of 3,255. It has seen a +9.92% increased in the last 24 hours and a -17.55% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $0.9167 pivot point. If it approaches the $0.9833 resistance level, significant changes may occur.

Twin Vee PowerCats Co Stock (VEEE) Financials Data

Twin Vee PowerCats Co (VEEE) Revenue 2023

VEEE reported a revenue (TTM) of $33.52 million for the quarter ending December 31, 2023, a +4.80% rise year-over-year.

Twin Vee PowerCats Co (VEEE) Net Income 2023

VEEE net income (TTM) was -$7.19 million for the quarter ending December 31, 2023, a -40.00% decrease year-over-year.

Twin Vee PowerCats Co (VEEE) Cash Flow 2023

VEEE recorded a free cash flow (TTM) of -$12.10 million for the quarter ending December 31, 2023, a -61.05% decrease year-over-year.

Twin Vee PowerCats Co (VEEE) Earnings per Share 2023

VEEE earnings per share (TTM) was -$0.83 for the quarter ending December 31, 2023, a -23.88% decline year-over-year.

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.