Twin Vee PowerCats, Co. financial data

Symbol
VEEE on Nasdaq
Industry
Ship & Boat Building & Repairing
Location
3101 S. Federal Highway, Ft. Pierce, FL
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 593 % -19.3%
Quick Ratio 124 % +6.56%
Debt-to-equity 34 %
Return On Equity -30.2 % -68.4%
Return On Assets -24.2 % -59.4%
Operating Margin -52.9 % -84.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.52M shares 0%
Common Stock, Shares, Outstanding 9.52M shares 0%
Entity Public Float 20.2M USD
Common Stock, Value, Issued 9.52K USD 0%
Weighted Average Number of Shares Outstanding, Basic 9.52M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 9.52M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 26M USD -24.7%
Cost of Revenue 18.4M USD -32.6%
Research and Development Expense 974K USD -35.5%
Operating Income (Loss) -13.8M USD -38.9%
Nonoperating Income (Expense) 871K USD -58.9%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -9.32M USD -57.8%
Earnings Per Share, Basic -0.99 USD/shares -121%
Earnings Per Share, Diluted -0.31 USD/shares -121%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 13.9M USD -46.6%
Marketable Securities, Current 995K USD -0.44%
Accounts Receivable, after Allowance for Credit Loss, Current 116K USD -79.7%
Inventory, Net 4.15M USD -25.6%
Assets, Current 19.6M USD -42.3%
Property, Plant and Equipment, Net 13.5M USD +41.3%
Operating Lease, Right-of-Use Asset 616K USD -43.7%
Assets 33.8M USD -26%
Accounts Payable, Current 2.78M USD +12.8%
Accrued Liabilities, Current 1.11M USD -7.12%
Contract with Customer, Liability, Current 6.18K USD -96.6%
Liabilities, Current 4.56M USD +1.08%
Operating Lease, Liability, Noncurrent 219K USD -67.2%
Liabilities 7.81M USD -6.89%
Retained Earnings (Accumulated Deficit) -19M USD -96.5%
Stockholders' Equity Attributable to Parent 19.6M USD -28%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 25.9M USD -30.3%
Liabilities and Equity 33.8M USD -26%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.75M USD +21.6%
Net Cash Provided by (Used in) Financing Activities -83.7K USD -2854%
Net Cash Provided by (Used in) Investing Activities 1.48M USD
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 9.52M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14.1M USD -46.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 52K USD -13.2%
Deferred Tax Assets, Valuation Allowance 4.98M USD +30.9%
Operating Lease, Liability 1.15M USD -24.8%
Depreciation 285K USD +137%
Payments to Acquire Property, Plant, and Equipment 1.99M USD +168%
Property, Plant and Equipment, Gross 16.7M USD +50.6%
Operating Lease, Liability, Current 449K USD -9.01%
Lessee, Operating Lease, Liability, to be Paid, Year Two 397K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 94.5K USD
Operating Lease, Weighted Average Discount Rate, Percent 0 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.97K USD -44.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 417K USD
Deferred Tax Assets, Operating Loss Carryforwards 4.98M USD +30.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 438K USD
Additional Paid in Capital 38.6M USD +4.54%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 417K USD
Depreciation, Depletion and Amortization 1.71M USD +52.9%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 298K USD
Share-based Payment Arrangement, Expense 483K USD +115%
Operating Leases, Future Minimum Payments, Due in Three Years 438K USD
Operating Leases, Future Minimum Payments Due 1.15M USD -24.9%
Interest Expense 52.9K USD +5.09%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%