Twin Vee PowerCats (VEEE) AI Stock Analysis

• Market Cap: $5.39M
• Dividend Yield: N/A
• Average Volume (3M): 3.57M
• 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: 66
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -1.08
• Shares Outstanding: 2,237,299
• 10 Day Avg. Volume: 1,589,503
• 30 Day Avg. Volume: 3,566,241
• PEG Ratio: 0.30
• Price to Book (P/B): 1.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: $2.50 ▲(3.73%Upside)

Twin Vee PowerCats' overall stock score is primarily hampered by poor financial performance and negative valuation metrics. While there are positive developments from the earnings call and corporate acquisition, the ongoing financial challenges and bearish technical indicators weigh heavily on the stock's potential.

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 makes money primarily through the sale of its catamaran boats. The company's revenue model revolves around manufacturing and selling a diverse range of catamaran models to end customers, including individuals and businesses involved in maritime activities. Key revenue streams include direct sales to consumers, sales through a network of dealerships, and potential custom orders for commercial applications. Additionally, the company may generate income from providing maintenance services, spare parts, and accessories related to its catamaran products. Strategic partnerships with marine dealerships and suppliers contribute significantly to its earnings by expanding distribution channels and enhancing product offerings.

Twin Vee PowerCats Financial Statement Overview

Summary

Twin Vee PowerCats faces significant financial challenges, with declining revenues and persistent net losses impacting its income statement and cash flows. The balance sheet shows some strength with a solid equity ratio and cash reserves, but profitability issues and negative cash flows pose risks. The company must address operational inefficiencies and improve revenue generation to stabilize its financial position and enhance shareholder value.

Income Statement

Twin Vee PowerCats has experienced significant volatility in its income statement, with a recent decline in revenue from $33.4M to $14.4M, a negative revenue growth rate. The company has also struggled with profitability, as seen in the negative EBIT and EBITDA margins, indicating operational challenges. The gross profit margin has turned negative, reflecting inefficiencies in production or sales. Overall, the company is facing substantial financial pressure in generating and maintaining revenue.

Balance Sheet

The balance sheet shows moderate stability with a decent equity ratio of 74% in 2024, but the company has a debt-to-equity ratio of 0.16, indicating some leverage but manageable at current levels. Despite a decline in total assets and stockholders' equity, the company maintains a substantial cash position relative to its liabilities. However, the return on equity remains negative due to persistent net losses, highlighting challenges in generating shareholder value.

Cash Flow

Cash flow performance is weak, with negative operating and free cash flows, indicating that the company is not generating enough cash from its core operations to fund capital expenditures. Despite a negative free cash flow growth rate, the company has managed its financing activities to offset some cash outflows. The operating cash flow to net income and free cash flow to net income ratios are negative, underscoring inefficiencies in cash management and operational profitability.

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
	EBIT
-14.55M	-11.99M	-5.67M	-1.02M	720.83K
	EBITDA
-12.49M	-8.21M	-5.08M	-675.78K	1.18M
	Net Income Common Stockholders
-2.96M	-7.19M	-5.92M	-1.15M	1.17M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.49M	20.96M	24.98M	9.97M	891.82K
	Total Assets
25.89M	39.85M	38.23M	20.60M	4.50M
	Total Debt
3.08M	4.28M	1.90M	2.11M	1.84M
	Net Debt
-4.41M	-12.22M	-21.60M	-4.86M	947.07K
	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: 2.41
• 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 2.41 is below the 20-day moving average (MA) of 2.44, below the 50-day MA of 2.74, and below the 200-day MA of 4.05, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 47.30 is Neutral, neither overbought nor oversold. The STOCH value of 62.15 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	$287.33M	19.56	10.33%	6.81%	-32.30%	-58.15%
MCFT	66 Neutral	$296.24M	―	-1.50%	―	-41.66%	-123.04%
Sector *	63 Neutral	$6.96B	11.51	2.80%	3.85%	2.70%	-24.43%
MBUU	58 Neutral	$604.13M	―	-1.68%	―	-27.18%	84.33%
ONEW	57 Neutral	$252.53M	―	-1.88%	―	-6.22%	91.93%
VMAR	44 Neutral	$9.40M	―	-80.86%	―	-55.43%	55.17%
VEEE	42 Neutral	$5.39M	―	-54.97%	―	-57.48%	-27.43%

Twin Vee PowerCats Corporate Events

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.