VEEE
Twin Vee Powercats Co
NASDAQ: VEEE · CONSUMER CYCLICAL · RECREATIONAL VEHICLES
$0.17
-7.86% today
Updated 2026-04-29
Market cap
$3.61M
P/E ratio
—
P/S ratio
0.24x
EPS (TTM)
$-4.37
Dividend yield
—
52W range
$0 – $9
Volume
8.2M
Twin Vee Powercats Co (VEEE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $10.43M | $11.06M | $15.77M | $31.99M | $33.43M | $14.39M | $14.82M |
| Revenue growth (YoY) | — | +6.0% | +42.6% | +102.8% | +4.5% | -57.0% | +3.0% |
| Cost of revenue | $6.35M | $6.29M | $9.50M | $21.33M | $30.16M | $15.14M | $13.56M |
| Gross profit | $4.08M | $4.77M | $6.28M | $10.66M | $3.27M | $-751425.00 | $1.26M |
| Gross margin | 39.1% | 43.2% | 39.8% | 33.3% | 9.8% | -5.2% | 8.5% |
| R&D | — | $0.00 | $211111.00 | $941533.00 | $1.44M | $586379.00 | $0.00 |
| SG&A | $4.12M | $3.90M | $7.50M | $15.18M | $12.46M | $9.67M | $7.69M |
| Operating income | $-161227.00 | $720834.00 | $-1.63M | $-6.02M | $-11.99M | $-14.55M | $-8.17M |
| Operating margin | -1.5% | 6.5% | -10.3% | -18.8% | -35.9% | -101.1% | -55.1% |
| EBITDA | $-46171.00 | $1.51M | $-675777.00 | $-5.08M | $-8.21M | $-12.04M | $-6.79M |
| EBITDA margin | -0.4% | 13.6% | -4.3% | -15.9% | -24.6% | -83.7% | -45.8% |
| EBIT | $-161227.00 | $1.35M | $-874300.00 | $-5.63M | $-9.56M | $-13.79M | $-8.53M |
| Interest expense | $165468.00 | $178584.00 | $136709.00 | $164155.00 | $221157.00 | $222594.00 | $81229.00 |
| Income tax | $165468.00 | $178584.00 | $137247.00 | $127693.00 | $-7.19M | $-11.05M | — |
| Effective tax rate | -102.6% | 13.2% | -15.7% | -2.5% | 50.0% | 50.0% | 0.0% |
| Net income | $-326695.00 | $1.17M | $-1.01M | $-5.14M | $-7.19M | $-11.05M | $-8.61M |
| Net income growth (YoY) | — | +458.5% | -186.3% | -408.1% | -40.0% | -53.6% | +22.1% |
| Profit margin | -3.1% | 10.6% | -6.4% | -16.1% | -21.5% | -76.8% | -58.1% |