Twin Vee PowerCats (VEEE) AI Stock Analysis

• Market Cap: $5.21M
• Dividend Yield: N/A
• Average Volume (3M): 55.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: -57.48%
• EPS Growth: -27.43%
• Country: US
• Employees: 65
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -1.08
• Shares Outstanding: 2,237,299
• 10 Day Avg. Volume: 43,433
• 30 Day Avg. Volume: 55,254
• PEG Ratio: <0.01
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.42
• Enterprise Value/Market Cap: 0.60
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: -6.41
• Enterprise Value/Ebitda: -0.07
• 1Y Price Target: $2.00
• Price Target Upside: -12.28% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: $2.50 ▲(9.65%Upside)

Twin Vee PowerCats faces significant financial challenges with declining revenue and negative cash flows. While recent operational improvements and strategic initiatives offer potential growth, valuation concerns and ongoing losses weigh heavily on the overall stock score.

Twin Vee PowerCats Business Overview & Revenue Model

Company Description

Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. The company operated through three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, including fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing and diving expeditions. Further, it is developing fully electric and gas-powered boats. The company sells its boats through a network of 19 independent boat dealers in North America and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida. Twin Vee Powercats Co. operates as a subsidiary of Twin Vee PowerCats, Inc.

How the Company Makes Money

Twin Vee PowerCats generates revenue primarily through the sale of its power catamaran boats. The company offers a portfolio of catamarans designed for both recreational and commercial use, catering to different customer needs and preferences. Revenue streams are driven by direct sales to consumers and through a network of authorized dealers and distributors. Additionally, the company may engage in partnerships with marine service providers and accessory manufacturers to enhance the value proposition of its boats, although specific partnership details are not disclosed. Factors such as innovation in design, fuel efficiency, and durability contribute significantly to the company's earnings by attracting a wide range of customers seeking high-performance and reliable marine vessels.

Twin Vee PowerCats Financial Statement Overview

Summary

Twin Vee PowerCats is facing significant financial challenges with declining revenues, persistent net losses, and negative cash flows. Despite a low debt-to-equity ratio, the company's inability to generate profits and cash flow could hinder its growth potential.

Income Statement

Twin Vee PowerCats has shown a significant decline in revenue, Gross Profit Margin, and Net Profit Margin over recent periods. The company's revenue decreased from $33.4M in 2023 to $12.7M TTM, indicating a negative growth trend. The Gross Profit Margin is negative TTM, highlighting a cost structure that surpasses revenues. Net profit is also negative, indicating sustained losses. These metrics suggest challenges in achieving profitability and managing operational costs effectively.

Balance Sheet

The company's balance sheet shows a mixed picture with a reasonable Debt-to-Equity Ratio of 0.17 TTM, indicating low leverage. However, there is a declining trend in Stockholders' Equity from $28.4M in 2022 to $17.7M TTM. The Equity Ratio remains healthy at 75% TTM, suggesting a stable asset funding structure. Despite low debt, the declining equity indicates challenges in value retention and financial stability.

Cash Flow

Twin Vee PowerCats is experiencing negative cash flow trends, with Free Cash Flow deeply negative at -$12.1M TTM. Operating Cash Flow is also negative, suggesting operational struggles to generate cash. Free Cash Flow to Net Income Ratio is unfavorable, indicating inefficiencies in converting earnings to cash. The ongoing cash deficits could impact the company’s ability to invest and grow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.39M	33.43M	31.99M	15.77M	11.06M
Gross Profit	-751.42K	9.72M	10.66M	6.28M	4.77M
EBITDA	-12.49M	-8.21M	-5.08M	-675.78K	1.18M
Net Income	-11.05M	-7.19M	-5.92M	-1.15M	1.17M
Balance Sheet
Total Assets	25.89M	39.85M	38.23M	20.60M	4.50M
Cash, Cash Equivalents and Short-Term Investments	7.49M	20.96M	24.98M	9.97M	891.82K
Total Debt	3.58M	4.28M	1.90M	2.11M	1.84M
Total Liabilities	6.67M	7.80M	5.21M	3.90M	2.96M
Stockholders Equity	19.22M	23.51M	28.44M	16.70M	1.55M
Cash Flow
Free Cash Flow	-13.32M	-12.10M	-7.51M	-3.89M	115.06K
Operating Cash Flow	-6.97M	-6.93M	-4.15M	-1.95M	640.25K
Investing Cash Flow	-1.86M	-6.63M	-195.60K	-8.04M	-200.45K
Financing Cash Flow	-213.74K	6.82M	20.87M	16.07M	236.44K

Twin Vee PowerCats Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VEEE, the sentiment is Negative. The current price of 2.28 is below the 20-day moving average (MA) of 2.29, below the 50-day MA of 2.33, and below the 200-day MA of 3.62, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.02 is Neutral, neither overbought nor oversold. The STOCH value of 60.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VEEE.

Twin Vee PowerCats Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPX	72 Outperform	$315.30M	22.51	10.54%	6.26%	-32.30%	-58.15%
MCFT	71 Outperform	$338.91M	―	-1.50%	―	-41.66%	-123.04%
Sector *	63 Neutral	$17.10B	10.62	-8.48%	2.94%	1.62%	-25.72%
MBUU	59 Neutral	$676.86M	―	-1.68%	―	-27.18%	84.33%
ONEW	57 Neutral	$245.68M	―	-1.88%	―	-6.22%	91.93%
VEEE	49 Neutral	$5.21M	―	-54.97%	―	-57.48%	-27.43%
VMAR	44 Neutral	$7.65M	―	-152.23%	―	-55.43%	55.17%

Twin Vee PowerCats Corporate Events

Twin Vee PowerCats CFO Resignation Announced

On June 17, 2025, Twin Vee PowerCats Co. announced that its Chief Financial Officer, Mike Dickerson, will resign effective September 14, 2025. His departure is not due to any disagreements with the company’s operations, policies, or practices, suggesting a smooth transition for the company.

Twin Vee PowerCats Launches Wizz Banger Stock Incentive Plan

On June 12, 2025, Twin Vee PowerCats Co. and its subsidiary, Wizz Banger, Inc., announced the adoption of the Wizz Banger 2025 Subsidiary Stock Incentive Plan. This plan aims to incentivize directors, officers, employees, and consultants by granting equity interests in Wizz Banger, aligning their efforts with corporate goals and sharing in the company’s success. The plan, managed by the Compensation Committee, initially reserves 2,800,000 shares of Wizz Banger common stock for issuance, with various stock-based awards available. On the same date, Joseph Visconti and Thomas Huffman were each granted options to purchase up to 1,400,000 shares of Wizz Banger stock.

Twin Vee PowerCats Acquires Bahama Boat Works

On June 5, 2025, Twin Vee PowerCats Co. acquired the iconic Bahama Boat Works, including its tangible and intangible assets, for an initial payment of $100,000 and up to $3,000,000 in contingent consideration based on future sales. This acquisition aims to integrate Twin Vee’s advanced composite construction and technological expertise with Bahama’s renowned craftsmanship, enhancing the brand’s offerings and maintaining its legacy of producing premium offshore fishing vessels. The continued involvement of master boat builder Scott Henley is expected to preserve the quality and reputation of Bahama Boat Works under Twin Vee’s ownership.

Twin Vee PowerCats Announces Public Stock Offering

On May 8, 2025, Twin Vee PowerCats Co. entered into an underwriting agreement with ThinkEquity LLC to sell 750,000 shares of its common stock at $4.00 per share in a public offering, expected to close on May 12, 2025. The offering aims to generate approximately $2.54 million in net proceeds for working capital and general corporate purposes, with additional warrants issued to the underwriters as part of the compensation. The company and its executives have agreed to a 30-day lock-up period, and the offering is conducted under an effective shelf registration statement with the SEC.