VEEE Q4 2022 Earnings — Twin Vee Powercats Co. Revenue & Financial Results | Market Cap Arena

VEEETwin Vee Powercats Co.

$678964

Q4 2022 Earnings

Consumer Cyclical Auto - Recreational Vehicles

Income Statement

Revenue

$9M+70.3% YoY

Gross Profit

$1M16.4% margin

Operating Income

-$4M-41.6% margin

Net Income

-$3M-30.9% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

$634,421

Balance Sheet

Total Assets

$38M

Total Liabilities

$5M

Stockholders' Equity

$28M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$5M	+70.3%
Gross Profit	$1M	$2M	-22.6%
Operating Income	-$4M	-$1M	-170.8%
Net Income	-$3M	-$810,532	-234.0%