VEEE Q3 2024 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q3 2024 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$3M-64.1% YoY

Gross Profit

-$145,657-5.0% margin

Operating Income

-$3M-103.0% margin

Net Income

-$3M-86.6% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-32.9%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$4M

Stock-Based Comp.

$278,868

Balance Sheet

Total Assets

$30M

Total Liabilities

$7M

Stockholders' Equity

$17M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$8M	-64.1%
Gross Profit	-$145,657	$2M	-106.6%
Operating Income	-$3M	-$3M	-7.5%
Net Income	-$3M	-$2M	-34.9%