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VEEE Q1 2024 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena
VEEE
Twin Vee Powercats Co.
$678964
Q1 2024 Earnings
Consumer Cyclical
Auto - Recreational Vehicles
Income Statement
Revenue
$5M
-40.6% YoY
Gross Profit
$277,313
5.3% margin
Operating Income
-$3M
-48.2% margin
Net Income
-$2M
-32.0% margin
EPS (Diluted)
$-0.18
QoQ Revenue Growth
-37.5%
Cash Flow
Operating Cash Flow
-$2M
Free Cash Flow
-$4M
Stock-Based Comp.
$426,283
Balance Sheet
Total Assets
$36M
Total Liabilities
$6M
Stockholders' Equity
$22M
Cash & Equivalents
$16M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$5M
$9M
-40.6%
Gross Profit
$277,313
$2M
-82.8%
Operating Income
-$3M
-$2M
-7.3%
Net Income
-$2M
-$1M
-44.5%
← FY 2024
All Quarters
Q2 2024 →