VEEE Q3 2021 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$647082

Q3 2021 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$4M+64.8% YoY

Gross Profit

$2M39.1% margin

Operating Income

-$322,534-7.8% margin

Net Income

-$383,277-9.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+24.9%

Cash Flow

Operating Cash Flow

-$748,480

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$23M

Total Liabilities

$5M

Stockholders' Equity

$17M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$2M	+64.8%
Gross Profit	$2M	$699,930	+130.0%
Operating Income	-$322,534	-$247,558	-30.3%
Net Income	-$383,277	-$200,524	-91.1%