VEEE · Twin Vee PowerCats, Co.
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about our ability to continue as a going concern for one year after the condensed consolidated financial statements included in this Quarterly Report are issued.”View the 10-Q filed Aug 6, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
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 | — | -$161.69 | -$407.37 | -$281.20 | -$247.90 | -$70.30 | $107.30 |
| USD/shares | — | -$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 |
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
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% | — |