While the company faces industry-wide challenges such as high interest rates and inflation impacting boat sales, it has made significant strides in expanding its dealer network, improving operational efficiency, and enhancing financial performance. The sale of the North Carolina property also strengthens the financial foundation. Despite ongoing losses, the positive aspects indicate a strategic focus on growth and stability.
Company Guidance
During the Twin Vee Powercats Third Quarter 2025 Investor Call, the company provided guidance on their strategic focus amidst challenging market conditions characterized by high interest rates and cautious consumer spending. The company reported a net sales increase to $3.43 million, up 18% year-over-year, with a reduced net loss of $2.76 million compared to $3 million the previous year. Twin Vee emphasized its efforts to expand dealer networks by adding 10 new locations, including a new presence in Australia, and highlighted operational improvements like the completion of the Fort Pierce headquarters expansion and installation of a 46-foot 5-axis CNC router. These upgrades are part of a strategy to maintain low leverage, with current cash and equivalents at $2.7 million, and to bolster the balance sheet further through the recent $4.25 million sale of a North Carolina property. The company remains committed to rebuilding its backlog and enhancing customer engagement through a disciplined approach, with a focus on maintaining a gross margin of 9.6% for the first nine months of 2025, a significant rise from the previous year's 2.7%.
Expansion of Dealer Network
Added 10 new dealer locations in regions like the Southeastern Seaboard, the Gulf Coast, and a new stocking dealer in Australia.
Operational Improvements
Completed the Fort Pierce headquarter expansion and installed a 46-foot 5-axis CNC router, reducing reliance on external vendors and cutting lead times.
Financial Performance Enhancement
Net sales increased by 18% year-over-year to $3.43 million. Gross margin improved significantly to 9.6% for the first nine months of 2025, up from 2.7% a year ago.
Strategic Asset Sale
Sale of North Carolina property for $4.25 million, reducing overhead and strengthening the balance sheet.
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
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
Nov 06, 2025
$2.40
$2.06
-14.17%
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%
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 Apr 01, 2026, Before Open (Confirmed).
What is Twin Vee PowerCats (VEEE) earnings time?
Twin Vee PowerCats (VEEE) earnings time is at Apr 01, 2026, 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.