VEEE Q2 2021 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$647082

Q2 2021 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$3M+91.7% YoY

Gross Profit

$1M39.9% margin

Operating Income

-$116,933-3.5% margin

Net Income

$50,8511.5% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

-$184,853

Free Cash Flow

-$346,593

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$5M

Stockholders' Equity

$2M

Cash & Equivalents

$406,642

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+91.7%
Gross Profit	$1M	$695,448	+89.3%
Operating Income	-$116,933	-$824	-14090.9%
Net Income	$50,851	-$23,524	+316.2%