VEEE Q1 2022 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q1 2022 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$6M+83.5% YoY

Gross Profit

$2M41.4% 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%