VEEE Q3 2023 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q3 2023 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$8M-8.3% YoY

Gross Profit

$2M27.2% margin

Operating Income

-$3M-34.4% margin

Net Income

-$2M-23.1% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$464,560

Balance Sheet

Total Assets

$44M

Total Liabilities

$9M

Stockholders' Equity

$26M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$9M	-8.3%
Gross Profit	$2M	$3M	-34.2%
Operating Income	-$3M	-$856,960	-224.3%
Net Income	-$2M	-$700,029	-166.0%