VEEE FY 2022 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

FY 2022 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$32M+102.8% YoY

Gross Profit

$11M33.3% margin

Operating Income

-$6M-18.8% margin

Net Income

-$5M-16.1% margin

EPS (Diluted)

$-0.78

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$38M

Total Liabilities

$5M

Stockholders' Equity

$28M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$16M	+102.8%
Gross Profit	$11M	$6M	+69.8%
Operating Income	-$6M	-$2M	-269.3%
Net Income	-$5M	-$1M	-408.1%