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Twin Vee PowerCats (VEEE)
NASDAQ:VEEE
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Twin Vee PowerCats (VEEE) AI Stock Analysis

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VEEE

Twin Vee PowerCats

(NASDAQ:VEEE)

Rating:54Neutral
Price Target:
$3.00
▲(5.63% Upside)
The overall stock score of 54 reflects significant challenges in financial performance, particularly in profitability and cash flow. However, positive developments from recent earnings and strategic corporate events provide some optimism for future growth. Technical indicators suggest mixed signals, with short-term momentum but long-term bearish trends.

Twin Vee PowerCats (VEEE) vs. SPDR S&P 500 ETF (SPY)

Twin Vee PowerCats Business Overview & Revenue Model

Company DescriptionTwin 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 MoneyTwin 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 Earnings Call Summary

Earnings Call Date:Aug 07, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 12, 2025
Earnings Call Sentiment Positive
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.
Q2-2025 Updates
Positive Updates
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.
Negative Updates
Net Loss
Reported a net loss of $1.7 million for the quarter, though it shows a 63% improvement compared to the second quarter of 2024.
Pressure on New Boat Sales
Continued pressure on new boat sales due to a robust used boat market, which applies pressure on most new boat sales.
Company Guidance
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.

Twin Vee PowerCats Financial Statement Overview

Summary
Twin Vee PowerCats is struggling with profitability and cash flow issues, despite maintaining a low level of debt. The negative trends in profitability and cash flow pose significant risks to financial stability.
Income Statement
30
Negative
Twin Vee PowerCats has experienced declining profitability with negative net profit margins and EBIT margins over recent periods. The gross profit margin has deteriorated significantly, indicating challenges in managing production costs. Revenue growth is inconsistent, with a slight increase in the latest TTM period but a decline in the previous annual period.
Balance Sheet
45
Neutral
The company's balance sheet shows a low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio remains stable, reflecting a solid asset base relative to equity.
Cash Flow
25
Negative
Twin Vee PowerCats is facing significant cash flow challenges, with negative operating and free cash flows. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting income into cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue13.15M14.39M33.43M31.99M15.77M11.06M
Gross Profit-39.91K-751.42K9.72M10.66M6.28M4.77M
EBITDA-8.62M-12.49M-8.21M-5.08M-675.78K1.51M
Net Income-9.68M-11.05M-7.19M-5.14M-1.01M1.17M
Balance Sheet
Total Assets22.36M25.89M39.85M38.23M20.60M4.50M
Cash, Cash Equivalents and Short-Term Investments5.96M7.49M20.96M24.98M9.97M891.82K
Total Debt270.55K3.58M4.28M1.90M2.11M1.84M
Total Liabilities3.73M6.67M7.80M5.21M3.90M2.96M
Stockholders Equity18.62M19.22M23.51M28.44M16.70M1.55M
Cash Flow
Free Cash Flow-11.39M-13.32M-12.10M-7.51M-3.89M115.06K
Operating Cash Flow-7.22M-6.97M-6.93M-4.15M-1.95M640.25K
Investing Cash Flow-3.11M-1.86M-6.63M-195.60K-8.04M-200.45K
Financing Cash Flow2.37M-213.74K6.82M20.87M16.07M236.44K

Twin Vee PowerCats Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.84
Price Trends
50DMA
2.21
Positive
100DMA
2.38
Positive
200DMA
3.20
Negative
Market Momentum
MACD
<0.01
Negative
RSI
67.83
Neutral
STOCH
27.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VEEE, the sentiment is Positive. The current price of 2.84 is above the 20-day moving average (MA) of 2.08, above the 50-day MA of 2.21, and below the 200-day MA of 3.20, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 67.83 is Neutral, neither overbought nor oversold. The STOCH value of 27.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VEEE.

Twin Vee PowerCats Risk Analysis

Twin Vee PowerCats disclosed 85 risk factors in its most recent earnings report. Twin Vee PowerCats reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Twin Vee PowerCats Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$323.36M23.4110.54%6.16%-21.97%-46.09%
71
Outperform
$368.69M75.235.84%-22.47%-29.30%
64
Neutral
$647.79M43.892.85%-2.59%
62
Neutral
$267.00M-2.85%-3.02%87.87%
61
Neutral
$17.97B12.87-5.29%2.97%1.26%-14.45%
54
Neutral
$4.34M-50.61%-49.65%17.30%
44
Neutral
$4.36M-152.23%-66.16%78.81%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
VEEE
Twin Vee PowerCats
2.84
-0.82
-22.40%
MPX
Marine Products
9.09
0.63
7.45%
MBUU
Malibu Boats
33.66
-1.97
-5.53%
MCFT
MasterCraft Boat Holdings
23.08
5.86
34.03%
ONEW
OneWater Marine
16.82
-5.13
-23.37%
VMAR
Vision Marine Technologies
1.35
-165.15
-99.19%

Twin Vee PowerCats Corporate Events

M&A TransactionsBusiness Operations and Strategy
Twin Vee PowerCats Amends Agreement with Revver Digital
Neutral
Aug 1, 2025

On July 28, 2025, Twin Vee PowerCats Co. and its subsidiary Wizz Banger, Inc. amended their agreement with Revver Digital, LLC to acquire intellectual property from One Water Marine Inc. This amendment clarifies rights, assigns the agreement to Wizz Banger, and includes a company guaranty for Wizz Banger’s obligations. The acquisition involves a $5 million payment, adjusted for royalties and credits, and positions Twin Vee PowerCats to enhance its online marketplace operations for yachts and boats, potentially impacting its market presence and stakeholder interests.

Executive/Board Changes
Twin Vee PowerCats CFO Resignation Announced
Neutral
Jun 20, 2025

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.

Private Placements and FinancingBusiness Operations and Strategy
Twin Vee PowerCats Launches Wizz Banger Stock Incentive Plan
Positive
Jun 16, 2025

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.

M&A TransactionsBusiness Operations and Strategy
Twin Vee PowerCats Acquires Bahama Boat Works
Positive
Jun 10, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2025