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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 537 % -24.9%
Quick Ratio 105 % -18.6%
Debt-to-equity 34.9 % +36.7%
Return On Equity -35.8 % -78.4%
Return On Assets -28.5 % -70.5%
Operating Margin -67.1 % -91.8%

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 20.9M USD -38.4%
Cost of Revenue 13.9M USD -52.3%
Research and Development Expense 999K USD -22.5%
Operating Income (Loss) -14M USD -18.1%
Nonoperating Income (Expense) 515K USD -79.3%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -9.97M USD -44.9%
Earnings Per Share, Basic -1.05 USD/shares -30%
Earnings Per Share, Diluted -1.05 USD/shares -30%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.1M USD -8.25%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 130K USD -74.5%
Inventory, Net 3.34M USD -58.9%
Assets, Current 15.4M USD -53%
Property, Plant and Equipment, Net 14.2M USD +41.4%
Operating Lease, Right-of-Use Asset 496K USD -49.1%
Assets 30.1M USD -31.9%
Accounts Payable, Current 1.96M USD -46.1%
Accrued Liabilities, Current 1.2M USD +23.9%
Contract with Customer, Liability, Current 38.2K USD +168%
Liabilities, Current 3.84M USD -27.8%
Operating Lease, Liability, Noncurrent 109K USD -79.8%
Liabilities 6.93M USD -23.5%
Retained Earnings (Accumulated Deficit) -21.5M USD -86.6%
Stockholders' Equity Attributable to Parent 17.4M USD -32.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 23.2M USD -34.1%
Liabilities and Equity 30.1M USD -31.9%

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 11.4M USD -8.42%
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 17.8M USD +49.2%
Operating Lease, Liability, Current 431K USD -13.8%
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 38.9M USD +3.98%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 417K USD
Depreciation, Depletion and Amortization 1.81M USD +28.9%
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%