VEEE Q2 2024 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q2 2024 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$4M-46.7% YoY

Gross Profit

$202,3404.7% margin

Operating Income

-$5M-107.7% margin

Net Income

-$3M-68.1% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

-18.0%

Cash Flow

Operating Cash Flow

-$482,093

Free Cash Flow

-$2M

Stock-Based Comp.

$317,743

Balance Sheet

Total Assets

$34M

Total Liabilities

$8M

Stockholders' Equity

$20M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$8M	-46.7%
Gross Profit	$202,340	$935,715	-78.4%
Operating Income	-$5M	-$3M	-53.0%
Net Income	-$3M	-$1M	-120.7%