VEEE · Twin Vee PowerCats, Co. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“we cannot conclude that such plans will be effectively implemented within one year after the date that the condensed consolidated financial statements included in this Quarterly Report are filed with the SEC, and there is uncertainty regarding our ability to maintain liquidity sufficient to operate our business effectively, which raises substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Aug 6, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $13.54M | $14.82M | $14.39M | $33.43M | $31.99M | $15.77M | $11.06M | |
| — | -$81.23K | -$222.59K | -$221.16K | -$164.16K | -$136.71K | -$178.58K | |
| $13.46M | $13.56M | $15.14M | $30.16M | $21.33M | $9.5M | $6.29M | |
| $79.61K | $1.26M | -$751.43K | $3.27M | $10.66M | $6.28M | $4.77M | |
| — | 8.48% | -5.22% | 9.77% | 33.32% | 39.79% | 43.15% | |
| — | — | $586.38K | $1.44M | $941.53K | $211.11K | $0 | |
| $2.76M | $2.5M | $3.1M | $3.73M | $2.76M | $1.73M | $872.67K | |
| $1.79M | $1.73M | $1.75M | $1.35M | $553.75K | $198.52K | $155.73K | |
| $10.66M | $10.04M | $13.8M | $15.25M | $16.68M | $7.91M | $4.05M | |
| -$10.58M | -$8.78M | -$14.55M | -$11.99M | -$6.02M | -$1.63M | $720.83K | |
| — | -59.26% | -101.13% | -35.86% | -18.83% | -10.34% | 6.52% | |
| -$8.79M | -$7.05M | -$12.81M | -$10.63M | -$5.47M | -$1.43M | $876.56K | |
| $248.62K | $174.03K | $541.86K | $2.21M | $228.29K | $619.71K | $450.24K | |
| — | — | — | — | — | $0 | $0 | |
| -$10.34M | -$8.61M | -$11.05M | -$7.19M | -$5.14M | -$1.01M | $1.17M | |
| — | -58.08% | -76.77% | -21.52% | -16.06% | -6.41% | 10.58% | |
| — | — | -$2.96M | -$2.59M | -$656.16K | — | — | |
| — | — | — | — | -$5.14M | -$1.01M | — | |
| USD/shares | -$107.42 | -$161.69 | -$407.37 | -$281.20 | -$247.90 | -$70.30 | $107.30 |
| USD/shares | -$107.42 | -$161.69 | -$407.37 | -$281.20 | -$247.90 | -$70.30 | $107.30 |
| shares | — | 53.19K | 27.11K | 25.73K | 20.61K | 14.41K | 10.81K |
| shares | — | 53.19K | 27.11K | 25.73K | 20.61K | 14.41K | 10.81K |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2026-06-30 | USD 453,498 | 10-Q filed 2026-08-06 |
| Finance lease liabilities | 2026-06-30 | USD 30,949 | 10-Q filed 2026-08-06 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Long-term debt, including current maturities | 2026-06-30 | USD 499,900 | 10-Q filed 2026-08-06 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 2,098,848 | 10-Q filed 2026-08-06 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Gas Powered Boat | $33,388,794 | $31,988,756 | — | — |
| Electric Boat and Development | $37,118 | — | — | — |
| Boat | — | — | $15,757,435 | $11,063,619 |
| Franchises | — | — | $16,735 | — |
| Franchise Segments | — | -$1,032 | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Franchises | -$37,458 | -$61,664 | — |
| Boat | -$2,383,344 | -$1,187,510 | $720,834 |
| Electric Boat and Development | -$3,600,906 | -$381,547 | — |
Operating Margin by Segment (%)
| Component | FY2021 | FY2020 |
|---|---|---|
| Boat | -7.5% | 6.5% |
| Franchises | -368.5% | — |