VEEE Q4 2021 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q4 2021 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$5M+23.3% YoY

Gross Profit

$2M36.1% margin

Operating Income

-$1M-26.1% margin

Net Income

-$810,532-15.7% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+25.1%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$223,261

Balance Sheet

Total Assets

$21M

Total Liabilities

$4M

Stockholders' Equity

$17M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$4M	+23.3%
Gross Profit	$2M	$2M	-15.8%
Operating Income	-$1M	$830,180	-262.1%
Net Income	-$810,532	$1M	-161.6%