The earnings call reflects a strong performance by Twin Vee Powercats with significant revenue and margin improvements, strategic acquisitions, and product launches. However, the company still faces challenges with net losses and pressure on new boat sales due to a strong used market. The positive highlights notably outweigh the lowlights, suggesting a focus on growth and operational efficiency.

Company Guidance -

Q3 2025

In the Twin Vee Powercats Company's second quarter of 2025 investor call, the company reported a revenue of $4.8 million, marking a 9.9% increase over the same quarter in 2024. They achieved a gross margin of 13.8%, up over 900 basis points from the previous year, reflecting enhanced operational efficiency and pricing consistency. Cash, cash equivalents, and restricted cash increased to $6.2 million, with operating expenses reduced by 52% to $2.3 million compared to a year ago. The company completed 31 unit shipments in the quarter, a 29% increase from the first quarter of 2025, with an average sales price of $153,000 per unit. The net loss for the quarter was $1.7 million, a 63% improvement from the second quarter of 2024, with adjusted net loss amounting to $941,000. Twin Vee also announced the acquisition of Bahama Boat Works, enhancing their product portfolio, and introduced new models such as the 22' BayCat, while adding 10 new dealers to their network.

Revenue Growth

Revenues increased to $4.8 million, representing a 9.9% increase over Q2 of last year and a 32% increase over the first quarter of 2025.

Gross Margin Improvement

Gross margin expanded by 910 basis points to 13.8% in the second quarter from 4.7% in the prior year period, driven by production efficiencies and better supply-demand alignment.

Acquisition of Bahama Boat Works

Completed acquisition of Bahama Boat Works, enhancing product portfolio and market presence with premium vessels ranging from 35 to 41 feet.

Launch of New 22' BayCat

Introduced a new 22' BayCat model, which is gaining traction and expected to play an important role in future sales.

Dealer Network Expansion

Added 10 new dealers across the dealer distribution network, increasing geographic reach and retail coverage.

Significant Reduction in Operating Expenses

Operating expenses were down 52% from $4.9 million a year ago, demonstrating disciplined expense control.

Twin Vee PowerCats (VEEE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VEEE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	- / -	-2.639	―	―	―
Aug 07, 2025	2025 (Q2)	- / -0.87	-3.094	71.85% (+2.22)	―
May 08, 2025	2025 (Q1)	- / -1.08	-1.8	39.83% (+0.72)	―
Mar 20, 2025	2024 (Q4)	- / -3.51	-0.256	-1269.53% (-3.25)	―
Nov 14, 2024	2024 (Q3)	- / -2.64	-0.177	-1390.96% (-2.46)	―
Aug 14, 2024	2024 (Q2)	- / -3.09	-0.204	-1416.67% (-2.89)	―
May 15, 2024	2024 (Q1)	- / -1.80	-1.415	-27.21% (-0.39)	―
Mar 26, 2024	2023 (Q4)	- / -2.56	-3.268	21.66% (+0.71)	―
Nov 13, 2023	2023 (Q3)	- / -1.77	-0.417	-324.46% (-1.35)	―
Aug 14, 2023	2023 (Q2)	- / -2.04	0.054	-3881.48% (-2.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VEEE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$2.59	$2.51	-3.09%
May 08, 2025	$2.55	$7.45	+192.16%
Mar 20, 2025	$3.50	$3.50	0.00%
Nov 14, 2024	$4.90	$4.87	-0.61%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Twin Vee PowerCats (VEEE) report earnings?

Twin Vee PowerCats (VEEE) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).

What is Twin Vee PowerCats (VEEE) earnings time?

Twin Vee PowerCats (VEEE) earnings time is at Nov 12, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VEEE EPS forecast?

Currently, no data Available

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