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VEEE Q1 2022 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena
VEEE
Twin Vee Powercats Co.
$678964
Q1 2022 Earnings
Consumer Cyclical
Auto - Recreational Vehicles
Income Statement
Revenue
$6M
+83.5% YoY
Gross Profit
$2M
41.4% margin
Operating Income
-$1M
-17.8% margin
Net Income
-$1M
-20.2% margin
EPS (Diluted)
$-0.19
QoQ Revenue Growth
+14.3%
Cash Flow
Operating Cash Flow
-$1M
Free Cash Flow
-$2M
Stock-Based Comp.
$224,832
Balance Sheet
Total Assets
$21M
Total Liabilities
$5M
Stockholders' Equity
$16M
Cash & Equivalents
$5M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$6M
$3M
+83.5%
Gross Profit
$2M
$1M
+63.6%
Operating Income
-$1M
$154,762
-777.3%
Net Income
-$1M
$131,949
-1002.9%
← FY 2022
All Quarters
Q2 2022 →