View Financial HealthTwin Vee Powercats 配当と自社株買い配当金 基準チェック /06Twin Vee Powercats配当金を支払った記録がありません。主要情報n/a配当利回り-274.3%バイバック利回り総株主利回り-274.3%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新お知らせ • Jan 18Twin Vee Powercats Co. (NasdaqCM:VEEE) announces an Equity Buyback for $1 million worth of its shares.Twin Vee Powercats Co. (NasdaqCM:VEEE) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its shares. As of November 9, 2022, the company had 9,520,000 shares outstanding.すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: US$12.93 loss per share (vs US$40.06 loss in 1Q 2025)First quarter 2026 results: US$12.93 loss per share. Revenue: US$3.96m (up 9.8% from 1Q 2025). Net loss: US$2.09m (loss widened 30% from 1Q 2025).お知らせ • Apr 04Twin Vee PowerCats Co Receives Notice of Nasdaq Delisting Due to Failure to Meet Bid Price RequirementOn April 2, 2026, Twin Vee PowerCats Co. (the Company) received written notice (the Notification Letter) from the staff of the Listing Qualifications Department (the Staff) of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it no longer satisfies the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of thirty (30) consecutive business days (collectively, the Bid Price Rule). Based on the closing bid price of the Company's common stock, par value $0.001 per share (the Common Stock), for the thirty (30) consecutive business days from February 18, 2026 to March 31, 2026, the Company no longer satisfies the Bid Price Rule. While companies are typically afforded a 180-calendar day compliance period to comply with the Bid Price Rule, the Notification Letter stated that, pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company was not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) due to the fact that the Company effected a reverse stock split over the prior one-year period. The Company effected a 1-for-10 reverse stock split on April 7, 2025. The Notification Letter stated that the Company's securities will be subject to delisting from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the Panel) by April 9, 2026. Accordingly, the Company intends to timely request a hearing before the Panel, and at which point, such timely request will automatically stay any further suspension or delisting action by Nasdaq pending the Panel's decision. During the appeal process with the Panel, the Common Stock will continue to be listed and trade on Nasdaq. There can be no assurance that the Panel will grant the Company's request for continued listing or that the Company will be able to regain compliance and thereafter maintain its listing on Nasdaq. The Company intends to actively monitor the bid price of its Common Stock and is considering available options to regain compliance with the Nasdaq listing requirements, including such actions as effecting a reverse stock split to maintain its Nasdaq listing.お知らせ • Mar 25Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $2.49289 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $2.49289 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,491,900 Price\Range: $0.384 Discount Per Security: $0.02688お知らせ • Mar 23Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $2.49289 million.Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $2.49289 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,491,900 Price\Range: $0.384 Discount Per Security: $0.02688お知らせ • Mar 17Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $1.69974 million.Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $1.69974 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,473,000 Price\Range: $0.38 Discount Per Security: $0.0266お知らせ • Mar 11Twin Vee Powercats Co. has withdrawn its Follow-on Equity Offering.Twin Vee Powercats Co. has withdrawn its Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stockお知らせ • Mar 10Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common StockReported Earnings • Mar 02Full year 2025 earnings released: US$4.37 loss per share (vs US$11.01 loss in FY 2024)Full year 2025 results: US$4.37 loss per share (improved from US$11.01 loss in FY 2024). Revenue: US$14.8m (up 3.0% from FY 2024). Net loss: US$8.61m (loss narrowed 22% from FY 2024).分析記事 • Jan 29Lacklustre Performance Is Driving Twin Vee Powercats Co.'s (NASDAQ:VEEE) 26% Price DropTo the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 26% in the...お知らせ • Jan 14+ 1 more updateTwin Vee PowerCats Co. Announces Chief Financial Officer Changes, Effective January 9, 2026On January 9, 2026, the Board of Directors of Twin Vee PowerCats Co. (the “Company”), upon recommendation of the Compensation Committee of the Board, appointed Joseph Visconti to serve as Interim Chief Financial Officer of the Company, effective January 9, 2026. Mr. Visconti succeeds Interim Chief Financial Officer Scott Searles, who was appointed in September 2025 and whose employment with the Company terminated effective as of January 9, 2026. Mr. Visconti will now serve as the Company’s Chief Executive Officer, Interim Chief Financial Officer, President and Chairman of the Board and will act as the Company’s principal executive officer, principal financial officer and principal accounting officer. Mr. Visconti, 61, has been the Company’s Chief Executive Officer and Chairman of the Board since 2015. Mr. Visconti served as President from 2015 to 2024 and was recently reappointed President in January 2025. With over 25 years of executive level operational and financial experience, Mr. Visconti was the founder, CEO and President of two previous companies; the first company was a regional Investment Bank that he built to over 400 employees and sold in 2000. The second company was ValueRich. ValueRich transitioned from media related business to Twin Vee PowerCats Inc. in 2015. Mr. Visconti has experience building teams of professionals with a focus on product development and bringing those products to market. Mr. Visconti received his Associate’s degree from Lynn University in 1984.お知らせ • Jan 10Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,883,249 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 8,883,249Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Marcia Kull was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Dec 02Revenues Not Telling The Story For Twin Vee Powercats Co. (NASDAQ:VEEE) After Shares Rise 26%The Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has done very well over the last month, posting an excellent...Reported Earnings • Nov 09Third quarter 2025 earnings released: US$1.23 loss per share (vs US$2.64 loss in 3Q 2024)Third quarter 2025 results: US$1.23 loss per share. Revenue: US$3.43m (up 18% from 3Q 2024). Net loss: US$2.76m (loss widened 9.7% from 3Q 2024).お知らせ • Oct 30Twin Vee Powercats Co. to Report Q3, 2025 Results on Nov 06, 2025Twin Vee Powercats Co. announced that they will report Q3, 2025 results on Nov 06, 2025お知らせ • Sep 25Twin Vee Powercats Co. Appoints Scott Searles as Interim Chief Financial OfficerTwin Vee Powercats Co. announced the appointment of Scott Searles as Interim Chief Financial Officer (CFO). Searles brings 20 years of corporate finance experience, including senior roles at Walmart Inc. and his current position as vice-president at The Nuclear Company.分析記事 • Sep 25Improved Revenues Required Before Twin Vee Powercats Co. (NASDAQ:VEEE) Stock's 35% Jump Looks JustifiedTwin Vee Powercats Co. ( NASDAQ:VEEE ) shares have had a really impressive month, gaining 35% after a shaky period...Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.87 loss per share (vs US$3.09 loss in 2Q 2024)Second quarter 2025 results: US$0.87 loss per share (improved from US$3.09 loss in 2Q 2024). Revenue: US$4.76m (up 9.9% from 2Q 2024). Net loss: US$1.65m (loss narrowed 44% from 2Q 2024).お知らせ • Jul 31Twin Vee Powercats Co. to Report Q2, 2025 Results on Aug 07, 2025Twin Vee Powercats Co. announced that they will report Q2, 2025 results on Aug 07, 2025お知らせ • Jun 23Mike Dickerson to Resign as CFO of Twin Vee Powercats Co. on September 14, 2025On June 17, 2025, Mike Dickerson, the Chief Financial Officer of Twin Vee PowerCats Co. notified the Company of his decision to resign, effective September 14, 2025, from his position as the Company's Chief Financial Officer.分析記事 • Jun 11Benign Growth For Twin Vee Powercats Co. (NASDAQ:VEEE) Underpins Stock's 30% PlummetTo the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 30% in the...お知らせ • May 10Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $3 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $3 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 750,000 Price\Range: $4Reported Earnings • May 10First quarter 2025 earnings released: US$1.08 loss per share (vs US$1.77 loss in 1Q 2024)First quarter 2025 results: US$1.08 loss per share (improved from US$1.77 loss in 1Q 2024). Revenue: US$3.61m (down 32% from 1Q 2024). Net loss: US$1.61m (loss narrowed 4.5% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.お知らせ • May 09Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stockお知らせ • May 01+ 1 more updateTwin Vee Powercats Co. to Report Q1, 2025 Results on May 08, 2025Twin Vee Powercats Co. announced that they will report Q1, 2025 results on May 08, 2025分析記事 • Apr 11Twin Vee Powercats Co.'s (NASDAQ:VEEE) 29% Dip In Price Shows Sentiment Is Matching RevenuesUnfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 29% in the last...お知らせ • Apr 04Twin Vee Announces 1-For-10 Reverse Stock Split to Regain ComplianceTwin Vee PowerCats Co. announced that it will implement a 1-for-10 reverse stock split of the issued and outstanding shares of the Company's common stock (the "Reverse Stock Split"), effective 11:59 p.m. Eastern Time on April 7, 2025, and the Company's common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis at the opening of the market on April 8, 2025 under the existing ticker symbol "VEEE." The primary purpose of the 1-for-10 Reverse Stock Split is to raise the per-share trading price of the Company's common stock to allow for its continued listing on the Nasdaq Capital Market, among other benefits. The Nasdaq Capital Market requires, among other things, that a listing a company's common stock maintain a minimum bid price of at least $1.00 per share.Reported Earnings • Mar 21Full year 2024 earnings released: US$1.10 loss per share (vs US$0.76 loss in FY 2023)Full year 2024 results: US$1.10 loss per share (further deteriorated from US$0.76 loss in FY 2023). Revenue: US$14.4m (down 57% from FY 2023). Net loss: US$11.0m (loss widened 54% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 13Twin Vee Powercats Co. to Report Fiscal Year 2024 Results on Mar 20, 2025Twin Vee Powercats Co. announced that they will report fiscal year 2024 results on Mar 20, 2025お知らせ • Feb 11Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a sale agreement to acquire Certain Intellectual Property from Revver Digital, LLC for $5 million.Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a sale agreement to acquire Certain Intellectual Property from Revver Digital, LLC for $5 million on February 4, 2025. The Sale Agreement grants Twin Vee Powercats Co. a license to use and sublicense the OWN Intellectual Property to conduct the Business in consideration of: (a) the payment to OWM of a monthly revenue-sharing royalty of six percent (6%) of the Aggregate Subscription Revenue of the Business; and (b) a credit to OWM of $500 per OWM dealer who lists boats or yachts on the Domains during such period. Twin Vee Powercats Co. will assume certain liabilities of OWM related to the Business and pay to OWM $5,000,000 (the “Minimum Purchase Price”), less the aggregate amount of all Revenue-Sharing Royalties paid to OWM through such date and the aggregate amount of all Dealer Storefront Credits accrued for the benefit of OWM through such date (the “Remaining Purchase Price”). W. Lyle Gravatt of Michael Best & Friedrich LLP acted as legal advisor for Revver Digital, LLC.お知らせ • Jan 24Twin Vee Powercats Co. Announces Executive ChangesOn January 22, 2025, the Board of Directors of Twin Vee PowerCats Co. (the ‘Company”) appointed Joseph Visconti to serve as President of the Company, effective immediately. This appointment is in connection with the resignation of Karl Zimmer on November 30, 2024. Joseph Visconti, 60, has been the Company’s Chief Executive Officer and Chair of the Board since 2015. Prior to this appointment, he also served as President of the Company from 2015 until July 2024. With over 25 years of executive level operational and financial experience, Mr. Visconti was the founder, CEO and President of two previous companies, the first company was a regional Investment Bank that he built to over 400 employees and sold in 2000. The second company was ValueRich, a financial media company that was taken public on the American Stock Exchange in 2007. ValueRich transitioned from media related business to Twin Vee PowerCats Inc. in 2015. Mr. Visconti has experience building teams of professionals with a focus on product development and bringing those products to market. Mr. Visconti received his Associate’s degree from Lynn University in 1984.分析記事 • Jan 18The Market Lifts Twin Vee Powercats Co. (NASDAQ:VEEE) Shares 47% But It Can Do MoreTwin Vee Powercats Co. ( NASDAQ:VEEE ) shares have had a really impressive month, gaining 47% after a shaky period...New Risk • Dec 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Market cap is less than US$10m (US$5.33m market cap). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$12m).お知らせ • Dec 10Twin Vee Powercats Co. Appoints Shawn Erb as Director of Sales and Dealer RelationsTwin Vee PowerCats Co. announced that Shawn Erb, a seasoned sales and business development professional in the marine and recreational vehicle industries, has joined Twin Vee as its Director of Sales and Dealer Relations. In this role, Mr. Erb will lead the Company's sales operations, cultivate strong relationships with new and existing dealers across the United States and globally, and manage the sales, distribution, and support for the Company's product lines. Mr. Erb's new position is effective immediately. Most recently, Mr. Erb was the National Sales Manager for Four Winn's Boats, where he directed and managed the sales and business development strategy for Four Winn's & Wellcraft Brands in the Americas. He also served as the VP of Sales and Business Development for SHERP of North America, developing and supporting its North American dealer network. From 2016 to 2023, Mr. Erb worked at BRP Inc. in several roles, including Business Development Manager U.S. Southeast for BRP Inc.'s Marine Group Division, Field Operations Manager of the U.S. Powersports Division for Motorcycles, and Rider Education Manager for the U.S. His other notable roles include Production Manager at York Vehicle Operations for the Harley Davidson Motor Company, Operations Director/Regional Sales Manager for Premier Property Service of York, LLC, and Executive Consultant and International Sales Director for International Business Service Group.Mr. Erb graduated with a Master of Business Administration in Human Resource Management in 2021 and a Bachelor of Business Administration in 2017 from Wrexham Glyndwr University.Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Kevin Schuyler was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Dec 04Market Cool On Twin Vee Powercats Co.'s (NASDAQ:VEEE) Revenues Pushing Shares 27% LowerTwin Vee Powercats Co. ( NASDAQ:VEEE ) shareholders won't be pleased to see that the share price has had a very rough...New Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Market cap is less than US$10m (US$6.21m market cap). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Share price has been volatile over the past 3 months (16% average weekly change).お知らせ • Nov 27Twin Vee Powercats Co. (NasdaqCM:VEEE) completed the acquisition of remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA).Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million on August 12, 2024. Under the terms of the merger agreement, each holder of Forza Common Stock (other than Twin Vee) will receive 0.611666275 shares of Twin Vee Common Stock in exchange for each share of Forza Common Stock that they own on the effective date of the merger for a maximum of 5,355,000 shares of Twin Vee Common Stock (no fractional shares will be issued) and the 7,000,000 shares of Forza Common Stock held by Twin Vee will be cancelled. The pre-closing securityholders of each of Twin Vee and Forza would beneficially own approximately 64% and 36% respectively of the outstanding shares of Twin Vee Common Stock following the closing of the merger. Upon the closing of the transaction, the merged company will operate under the Twin Vee PowerCats Co. name, and the company’s common stock is expected to continue to trade on NASDAQ under the current ticker symbol “VEEE.”. Upon closing of the transaction, Marcia Kull (a current board member of Forza) will be appointed to the Board of Directors of Twin Vee. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, the approval of the Twin Vee and Forza shareholders, which approval shall include a majority of the shares present in person or by proxy excluding shares held by Twin Vee, authorization for listing on the Nasdaq Capital Market of the shares of Twin Vee common stock to be issued in the Merger, subject to official notice of issuance, resignation of certain officers and directors of Forza and effectiveness of the registration statement on Form S-4 for the Twin Vee common stock to be issued in the Merger. Following the recommendation of each of their special committees, the board of directors of both Twin Vee and Forza unanimously approved the merger agreement. The transaction is expected to close by the end of 2024. As of November 11, 2024, Forza X1 and Twin Vee shareholders approved the transaction. Leslie Marlow of Blank Rome LLP acted as legal advisor to Twin Vee. Interwest Transfer Company, Inc. acted as transfer agent to Twin Vee. Houlihan Capital, LLC acted as financial advisor to Twin Vee Powercats and provided fairness opinion to the Twin Vee Board of Directors. Intelek Business Valuations & Advisory acted as financial advisor to Forza X1 and provided fairness opinion to the Forza X1 Board of Directors. Houlihan Capital’s fees to Twin Vee for services in connection with issuing the Opinion were $75,000. Twin Vee Powercats Co. (NasdaqCM:VEEE) completed the acquisition of remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) on November 26, 2024. As a result of the Merger, a change in control of the Company occurred and the Company became a wholly-owned subsidiary of Twin Vee. Effective as of October 10, 2024, shares of Forza Common Stock were suspended from trading on the Nasdaq Capital Market (“Nasdaq”). In accordance with the terms of the Merger Agreement, at the Effective Time, Marcia Kull, Neill Ross and Kevin Schuyler resigned as directors of Forza. These resignations were not a result of any disagreement between Forza and the directors on any matter relating to Forza’s operations, policies or practices.Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.26 loss per share (vs US$0.20 loss in 3Q 2023)Third quarter 2024 results: US$0.26 loss per share (further deteriorated from US$0.20 loss in 3Q 2023). Revenue: US$2.90m (down 64% from 3Q 2023). Net loss: US$2.51m (loss widened 35% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year whereas the company’s share price has fallen by 52% per year.お知らせ • Nov 10Twin Vee Powercats Receives Written Notification from Nasdaq Granting the Company's Request for 180-Day Extension to Regain Compliance with Nasdaq Listing Rule 5550(a)(2)As previously reported, on May 10, 2024, Twin Vee PowerCats Co. (the Company") received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that for the preceding 30 consecutive business days (March 28, 2024 through May 9, 2024), the Company's common stock did not maintain a minimum closing bid price of $1.00 (Minimum Bid Price Requirement") per share as required by Nasdaq Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until November 6, 2024, to regain compliance. The Company did not regain compliance with the Minimum Bid Price Requirement by November 6, 2024; however, on November 7, 2024, the Company received written notification from Nasdaq granting the Company's request for a 180-day extension to regain compliance with Nasdaq Listing Rule 5550(a)(2). Compliance may be achieved automatically and without further action if the closing bid price of the Company's common stock is at or above $1.00 for a minimum of ten consecutive business days at any time prior to May 5, 2025, Nasdaq will notify the Company that it has regained compliance with the Minimum Bid Price Requirement and the matter will be closed. If the Company does not regain compliance with the Minimum Bid Price Requirement by May 5, 2025, Nasdaq will provide written notification to the Company that its common stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company intends to actively monitor the bid price of its common stock and is considering available options to regain compliance with the Nasdaq listing requirements, including such actions as effecting a reverse stock split to maintain its Nasdaq listing. Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's common stock, which will continue to trade on The Nasdaq Capital Market under the symbol VEEE".お知らせ • Nov 07Twin Vee Powercats Co. to Report Q3, 2024 Results on Nov 14, 2024Twin Vee Powercats Co. announced that they will report Q3, 2024 results on Nov 14, 2024お知らせ • Oct 09Twin Vee Powercats Co., Annual General Meeting, Nov 13, 2024Twin Vee Powercats Co., Annual General Meeting, Nov 13, 2024. Location: 3101 s. u.s. highway 1, fort pierce, florida 34982, United Statesお知らせ • Sep 24Twin Vee Powercats Co. Announces Appointment of Carol Hindsman as Chief Technology OfficerTwin Vee PowerCats Co. announced the appointment of Carol Hindsman as its new Chief Technology Officer (CTO). Hindsman, an accomplished engineer and technology executive, will play a pivotal role in overseeing the development of Twin Vee's Pro-Direct Platform, an automotive-inspired online marketplace being designed to revolutionize the boat-buying process, improve customer satisfaction, and help expand its reach to more markets nationwide. Hindsman brings a wealth of experience to the Company. With a diverse career that includes startups, mid-size firms, and Fortune 500 companies, Hindsman has been a part of driving innovation at businesses such as G.E., WorldCom, and Ryder System Inc. Originally from Venezuela, she moved to the U.S. as a teenager and obtained a Bachelor's degree in Electrical Engineering from Florida International University, a Master's in Computer Engineering, and an MBA. As CTO, Hindsman will manage the development of the Pro-Direct Platform, which aims to elevate the boat buying experience with a suite of comprehensive and easy-to-use web-based tools.分析記事 • Sep 10Positive Sentiment Still Eludes Twin Vee Powercats Co. (NASDAQ:VEEE) Following 25% Share Price SlumpUnfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 25% in the last...Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.47 loss per share (vs US$0.14 loss in 2Q 2023)Second quarter 2024 results: US$0.47 loss per share (further deteriorated from US$0.14 loss in 2Q 2023). Revenue: US$4.33m (down 47% from 2Q 2023). Net loss: US$4.52m (loss widened 239% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 14 percentage points per year, which is a significant difference in performance.お知らせ • Aug 13Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million.Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million on August 12, 2024. Under the terms of the merger agreement, each holder of Forza Common Stock (other than Twin Vee) will receive 0.61166627 shares of Twin Vee Common Stock in exchange for each share of Forza Common Stock that they own on the effective date of the merger for a maximum of 5,355,000 shares of Twin Vee Common Stock (no fractional shares will be issued) and the 7,000,000 shares of Forza Common Stock held by Twin Vee will be cancelled. The pre-closing securityholders of each of Twin Vee and Forza would beneficially own approximately 64% and 36% respectively of the outstanding shares of Twin Vee Common Stock following the closing of the merger. Upon the closing of the transaction, the merged company will operate under the Twin Vee PowerCats Co. name, and the company’s common stock is expected to continue to trade on NASDAQ under the current ticker symbol “VEEE.”. Upon closing of the transaction, Marcia Kull (a current board member of Forza) will be appointed to the Board of Directors of Twin Vee. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, the approval of the Twin Vee and Forza shareholders, which approval shall include a majority of the shares present in person or by proxy excluding shares held by Twin Vee, authorization for listing on the Nasdaq Capital Market of the shares of Twin Vee common stock to be issued in the Merger, subject to official notice of issuance, resignation of certain officers and directors of Forza and effectiveness of the registration statement on Form S-4 for the Twin Vee common stock to be issued in the Merger. Following the recommendation of each of their special committees, the board of directors of both Twin Vee and Forza unanimously approved the merger agreement. The transaction is expected to close by the end of 2024. Leslie Marlow of Blank Rome LLP acted as legal advisor to Twin Vee.お知らせ • Aug 07Twin Vee Powercats Co. to Report Q2, 2024 Results on Aug 14, 2024Twin Vee Powercats Co. announced that they will report Q2, 2024 results on Aug 14, 2024分析記事 • Jul 16Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 29%Unfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 29% in the last...お知らせ • Jul 15Twin Vee Powercats Co. Announces Appointment of Karl Zimmer as PresidentTwin Vee Powercats Co. announced the appointment of Karl Zimmer as President of the Company effective July 12, 2024. This strategic leadership change will enable Joseph Visconti, the current CEO who until the appointment also served as President, to dedicate his efforts towards expanding the Company's business, developing potential mergers and acquisitions, enhancing sales and marketing strategies, expanding investor relations, and steering the long-term vision of Twin Vee. Karl Zimmer's career spans nearly three decades, marked by significant accomplishments in various leadership roles. Most recently, he served as President of Florida Beef Inc., an operator of multiple protein plants, where he successfully increased daily production rates and achieved notable improvements in food safety and compliance. Before his tenure at Florida Beef, Mr. Zimmer was the founding President and CEO of a start-up, where he launched the business and led and accelerated its growth into one of the largest U.S. companies in its business segment and industry. Mr. Zimmer's operational expertise led to a large return for owners and a significant increase in company value within six years. Mr. Zimmer's experience also includes a number of executive leadership roles at General Cable, one of the world's largest wire and cable manufacturers at the time, where he managed global supply chain strategies and operations across multiple countries. His work there contributed to significant cost reductions and operational improvements, enhancing General Cable's profitability and efficiency. In his new role, Zimmer will oversee Twin Vee's day-to-day operations, ensuring the Company continues to deliver high-quality products and exceptional customer service. His leadership will support Twin Vee's ongoing commitment to operational excellence and he is expected to play a crucial role in executing the Company's growth strategies. According to Visconti, Twin Vee is committed to delivering unparalleled boating experiences to its customers. With the leadership and strategic focus of both Karl Zimmer and Joseph Visconti, the Company believes it is well-positioned to achieve its ambitious growth objectives and continue to set the standard in the power catamaran industry. Mr. Zimmer received a Bachelor of Science in Industrial Engineering degree from the University of Cincinnati in Ohio. Additionally, he is an Eagle Scout and has served in numerous volunteer/board roles for the Boy Scouts of America in Ohio and Georgia. Mr. Zimmer sits on the Dean's Advisory Council, College of Engineering and Applied Science, at the University of Cincinnati; and previously the College Advisory Council, College of Agricultural and Environmental Sciences, at the University of Georgia.分析記事 • Jun 01Twin Vee Powercats Co. (NASDAQ:VEEE) Might Not Be As Mispriced As It Looks After Plunging 27%To the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 27% in the...お知らせ • May 23Twin Vee Powercats Co. Goes All-Digital, Tech-Forward with New GFX2 ModelsTwin Vee PowerCats Co. announced that its 2025 model lineup will include an all-digital platform for the first time in the Company's history. This latest addition to its all-new second generation GFX model line replaces the traditional mechanical switches and circuit breakers that have been utilized in Twin Vee's boats in the past and will work seamlessly with optional tech packages the Company plans to offer. The shift to an all-digital platform with a digital switching system represents significant upgrades in the design and functionality of the Company's boat models. According to Joseph Visconti, CEO and President of Twin Vee PowerCats Co., the all-new digital switching system enhances the reliability of the boat's power distribution system, ensuring a more dependable and efficient performance on the water.Reported Earnings • May 17First quarter 2024 earnings released: US$0.18 loss per share (vs US$0.12 loss in 1Q 2023)First quarter 2024 results: US$0.18 loss per share (further deteriorated from US$0.12 loss in 1Q 2023). Revenue: US$5.28m (down 41% from 1Q 2023). Net loss: US$1.69m (loss widened 45% from 1Q 2023).お知らせ • May 10Twin Vee Powercats Co. to Report Q1, 2024 Results on May 15, 2024Twin Vee Powercats Co. announced that they will report Q1, 2024 results Pre-Market on May 15, 2024お知らせ • Apr 25Twin Vee Powercats Co. Details the Standards to Be Included in Its All-New Second Generation Gfx Model LineTwin Vee PowerCats Co. announced more details about its second-generation GFX model line (or GFX-2 for short). According to the Company, the heart of the GFX's transformation is the all-digital switching system, which replaces the traditional mechanical switches and circuit breakers used in years past. This upgrade increases the reliability of the boat's power distribution system and is more convenient and flexible for boat owners. Complementing this upgrade is the Command Center Console, which has been redesigned to improve the helm experience. Twin Vee also unveiled several updated features to enhance the fishing experience onboard. The Company also emphasized luxury amenities during the GFX-2's reimagining. According to Visconti, the GFX-2 will feature premium marine upholstery with luxury sport stitch patterns. Moreover, the bow seating will see the addition of forward-facing backrests so passengers can sit comfortably while underway. Carbon fiber fish box hatch-lids will also add to the refined look of the GFX-2.お知らせ • Apr 24Twin Vee PowerCats, Co. Appoints Tom Morford as Director of National SalesTwin Vee PowerCats Co. announced that it hired industry veteran Thomas Morford as its Director of National Sales to support its continued growth and enhance its presence in key national markets and other territories. Mr. Morford's new position is effective immediately. Thomas Morford joins Twin Vee with 22 years of experience in the marine industry. Mr. Morford was the regional sales manager for Iconic Marine Group where he actively recruited and worked with Fountain, Donzi, and Baja boat dealers across the country. He also worked as the regional sales manager for the Marquis Larson Boat Group, the Monterrey Boat Company, and Wellcraft Marine. In addition to sales, Mr. Morford founded Northern Maine Electronics in 2008. In 2019, he was director of e-commerce and special projects at The Samarian Group LLC Venture Capital and was responsible for overseeing and managing the e-commerce portions of all Samarian Group companies. Mr. Morford is also the owner and operator of Sport Fish Yacht Services, LLC for the past 16 years.お知らせ • Apr 05Twin Vee Powercats Co. Announces Executive ChangesTwin Vee PowerCats Co. announced the appointment of Michael P. Dickerson as its chief financial & administrative officer, effective April 4, 2024. Mr. Dickerson succeeds former CFO Carrie Gunnerson, who was appointed in October 2021. Mr. Dickerson comes to Twin Vee with 35 years of corporate experience in multi-billion dollar publicly traded and private companies, including Dorman Products Inc., Aaron's Inc., Gannett Co. Inc., The Babcock & Wilcox Company, General Cable Corporation, and Belden Inc. He has spent most of his career in senior and executive level finance and operational roles including finance & accounting, treasury, investor relations & corporate communications, risk management, and other related roles. He most recently served in a consulting capacity at Savannah River Logistics as their Executive Vice President, Chief Financial & Administrative Officer, and Treasurer. Mr. Dickerson holds a Bachelor of Science in Business Administration in Accounting from the University of Dayton in Dayton, Ohio. Additionally, he is a member of the American Institute of Certified Public Accounts (AICPA), a member of the Ohio Society of Certified Public Accountants (OSCPA), and a Senior Roundtable Member of the National Investor Relations Institute (NIRI).分析記事 • Apr 04Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 30%To the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 30% in the...お知らせ • Apr 04Twin Vee PowerCats Co. Launches Next Generation of its Successful GFX Model LineTwin Vee PowerCats Co. announced the launch of the all-new second generation of its GFX model line that features a multitude of design, styling, and technological innovations that is expected elevate the Twin Vee brand above its competitors as well as the impressive legacy of the first-generation of GFX boats. The second generation of the GFX model line, or GFX-2 for short, will feature five lengths ranging in size from 24 feet to 40 feet in length. Moreover, the GFX-2 now features an all-digital switching backbone and an updated electronics system, allowing customers to control their boat via a touch screen on a 24-inch multifunction display. The GFX-2 center console boats also benefit from a complete redesign, with improved upholstery, all-new ergonomics, increased fuel capacity, updated color options, and streamlined console framing. While all those upgrades now come standard on every new GFX-2 boat, Twin Vee also offers new options that integrate the latest innovations in navigation, fishing, and water sports. The Company's GFX model line was originally introduced in 2019 and earned several accolades in its five-year history from renowned publications such as Boat Trader and Motor Boat & Yachting. Taking what they've learned throughout the GFX's lifetime, Twin Vee's engineers, designers, and boat builders sought to improve its most popular model line to deliver an even better boating experience for its customers. The 26-foot 260 GFX-2 will be entering production next month, with the 280 and 340 GFX-2 to follow in June. The all-new 240 GFX-2 will then enter production in July. They will join the 400 GFX-2, which was upgraded earlier this year. Twin Vee plans to showcase the first 260 GFX-2 during its annual dealer meeting on May 20th in West Palm Beach.Reported Earnings • Mar 27Full year 2023 earnings released: US$0.76 loss per share (vs US$0.67 loss in FY 2022)Full year 2023 results: US$0.76 loss per share (further deteriorated from US$0.67 loss in FY 2022). Revenue: US$33.4m (up 4.5% from FY 2022). Net loss: US$7.19m (loss widened 40% from FY 2022).お知らせ • Mar 20Twin Vee Powercats Co. to Report Fiscal Year 2023 Results on Mar 26, 2024Twin Vee Powercats Co. announced that they will report fiscal year 2023 results at 10:00 AM, US Eastern Standard Time on Mar 26, 2024New Risk • Feb 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 83% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$11.5m market cap).分析記事 • Feb 16Twin Vee Powercats Co. (NASDAQ:VEEE) Screens Well But There Might Be A CatchThere wouldn't be many who think Twin Vee Powercats Co.'s ( NASDAQ:VEEE ) price-to-sales (or "P/S") ratio of 0.4x is...お知らせ • Nov 10Twin Vee Powercats Co. Announces Move to Bring Aquasport Boat Production to Its Factory in Fort Pierce, FloridaTwin Vee PowerCats Co. announced a strategic consolidation of its operations by moving the manufacturing of Aquasport products from Tennessee to its Fort Pierce, Florida facility. According to the Company, the decision is driven by the desire to increase efficiency and implement cost-saving initiatives throughout its brands. Twin Vee's Fort Pierce factory is currently in the process of expanding its floor space by approximately 30,000 square feet, increasing the total area of its boat-building facility to nearly 100,000 square feet of production space. The Company plans to add another manufacturing line to increase its production output once the expansion is completed.お知らせ • Nov 07Twin Vee Powercats Co. to Report Q3, 2023 Results on Nov 13, 2023Twin Vee Powercats Co. announced that they will report Q3, 2023 results on Nov 13, 2023お知らせ • Aug 18Twin Vee Powercats Co., Annual General Meeting, Oct 12, 2023Twin Vee Powercats Co., Annual General Meeting, Oct 12, 2023.Reported Earnings • Aug 15Second quarter 2023 earnings released: US$0.20 loss per share (vs US$0.077 loss in 2Q 2022)Second quarter 2023 results: US$0.20 loss per share (further deteriorated from US$0.077 loss in 2Q 2022). Revenue: US$8.12m (down 4.6% from 2Q 2022). Net loss: US$1.90m (loss widened 253% from 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Leisure industry in the US.New Risk • Aug 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 112% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (112% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$936k net loss next year). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$30.6m market cap).お知らせ • Aug 08Twin Vee Powercats Co. to Report Q2, 2023 Results on Aug 14, 2023Twin Vee Powercats Co. announced that they will report Q2, 2023 results on Aug 14, 2023Reported Earnings • May 17First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.17 loss in 1Q 2022)First quarter 2023 results: US$0.12 loss per share (improved from US$0.17 loss in 1Q 2022). Revenue: US$8.88m (up 51% from 1Q 2022). Net loss: US$1.17m (loss narrowed 2.1% from 1Q 2022).お知らせ • May 09Twin Vee Powercats Co. to Report Q1, 2023 Results on May 15, 2023Twin Vee Powercats Co. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on May 15, 2023Reported Earnings • Mar 31Full year 2022 earnings released: US$0.76 loss per share (vs US$0.19 loss in FY 2021)Full year 2022 results: US$0.76 loss per share (further deteriorated from US$0.19 loss in FY 2021). Revenue: US$32.0m (up 103% from FY 2021). Net loss: US$5.79m (loss widened 473% from FY 2021).お知らせ • Feb 16Twin Vee PowerCats Co. Launches All-New Boat Brand "LFG Marine"Twin Vee PowerCats Co. announced the launch of LFG Marine, an all-new monohull boat brand that will feature unique, new, and versatile boat models initially geared toward the freshwater market but can also be enjoyed in saltwater environments. "LFG Marine is a bold new custom boat brand set to re-energize the world of watercraft. The Company is currently developing the following models for LFG Marine: 22' Center Console monohull; 25' Dual Console, single-engine day boat; 22' Dual Console monohull; 25' Deck Boat, single-engine. Additional plans for larger monohull boats ranging from 24 - 30 or more feet in length. The first boat released under the LFG Marine name will be the all-new twenty-two-foot center console monohull. The 220 LFG Center Console boasts a ninety-gallon fuel tank, a 26-gallon livewell, a 36-quart console cooler, and bow and floor storage boxes. Powered by a single outboard motor (150 HP standard or 200 HP optional), the 220 LFG offers a variety of options so customers can personalize their boats. For example, boat hulls can be customized with almost any Pantone color. Moreover, many options, including LED lighting packages and sound systems, will also be available based on customer preference. LFG Marine's boat model lineup will eventually include a 22-foot dual console center console, a 25-foot dual console, and a 25-foot deck boat. LFG's boats will be manufactured and shipped from the Company's Fort Pierce, Florida factory. The Company's newest boat brand seeks to benefit from some of the most recent trends in the recreational marine industry. According to a recent report from the National Marine Manufacturers' Association, segments driving growth in 2022 included entry-level boats such as personal watercraft, freshwater aluminum, and fiberglass fishing boats, as well as pontoon boats less than 26 feet. The NMMA's early indications point to continued healthy demand, with new retail boat sales expected to remain on par with 2022.お知らせ • Jan 20Twin Vee PowerCats, Co. Announces All-New Branded ApparelTwin Vee PowerCats Co. announced that it plans to launch its own line of Twin Vee branded apparel and accessories in the coming weeks. The inaugural collection includes trendy and expertly crafted clothing that is stylish, functional, and body-inclusive. Twin Vee Apparel will include a wide assortment of short-sleeved and long-sleeved t-shirts with various logos and graphics, hoodies, shorts, hats, visors, bags, water-resistant outwear, and several smaller branded accessories. The 2023 Twin Vee collection, which features a mix of men's, women's, and gender-neutral styles and accessories, will be available on the Company's website later this month.お知らせ • Jan 18Twin Vee Powercats Co. (NasdaqCM:VEEE) announces an Equity Buyback for $1 million worth of its shares.Twin Vee Powercats Co. (NasdaqCM:VEEE) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its shares. As of November 9, 2022, the company had 9,520,000 shares outstanding.Reported Earnings • Nov 11Third quarter 2022 earnings released: US$0.10 loss per share (vs US$0.061 loss in 3Q 2021)Third quarter 2022 results: US$0.10 loss per share (further deteriorated from US$0.061 loss in 3Q 2021). Revenue: US$8.81m (up 114% from 3Q 2021). Net loss: US$700.0k (loss widened 83% from 3Q 2021).お知らせ • Oct 26Twin Vee Powercats, Co. Appoints Zachary Crane as Its Director of National SalesTwin Vee PowerCats Co. announced that it has hired industry veteran Zachary Crane as its Director of National Sales to support its continued growth and enhance its presence in key national markets and other territories. Mr. Crane's new position is effective immediately. Mr. Crane shares Visconti's excitement and looks forward to collaborating with the Twin Vee team with the intention to open new markets and expand distribution. "Great things in business are never done by one person. They are done by a team of people," states Crane. Zachary Crane joins Twin Vee with over 13 years of experience in the marine industry. Most recently, Mr. Crane worked for Malibu Boats in Northeast Regional Sales, where he focused on dealer development and distribution for new and current dealer on behalf of Cobia, Maverick, Pathfinder, Hewes and Pursuit Boat brands. He also spent five years as an independent sales representative servicing over 40 dealers for Maverick Boat Group and Bentley Pontoon Boats as well as 38 dealers for Crownline Boats and Crest Pontoon Boats. From 2011 to 2016, Mr. Crane was a yacht consultant and received several elite and top sales awards at C-JAM Yacht Sales in Somers Point, New Jersey. Additionally, he worked in brokerage sales and boat sales at Jersey Marine in Somers Point, New Jersey from 2009 to 2011. Mr. Crane graduated with a Bachelor of Science from Jacksonville University in June 2010.お知らせ • Sep 29Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $6.875 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $6.875 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,500,000 Price\Range: $2.75Seeking Alpha • Sep 28Twin Vee PowerCats announces proposed stock offeringTwin Vee PowerCats (NASDAQ:VEEE) on Wednesday announced a proposed underwritten public stock offering. Shares of VEEE, which ended 8.2% higher on Wednesday, dropped 20% after the bell. Net proceeds will be used primarily for product development and general corporate purposes, which may include working capital, operational purposes and potential acquisitions. VEEE expects to grant the underwriter a 45-day option to buy up to an additional 15% of the number of shares sold in the offering to cover over-allotments, if any. There can be no assurance as to whether or when the offering may be completed, or the actual size or terms.Reported Earnings • Aug 13Second quarter 2022 earnings released: US$0.077 loss per share (vs US$0.013 profit in 2Q 2021)Second quarter 2022 results: US$0.077 loss per share (down from US$0.013 profit in 2Q 2021). Revenue: US$8.52m (up 158% from 2Q 2021). Net loss: US$538.8k (down US$589.6k from profit in 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 5.3% growth forecast for the industry in the US.Seeking Alpha • Aug 12Electric sports boat developer, Forza X1 prices $15M IPOForza X1 (NASDAQ:FRZA), a wholly owned subsidiary of Twin Vee Powercats (NASDAQ:VEEE) has priced its initial public offering of 3M shares of the company's common stock at $5.00 per share, for aggregate gross proceeds of $15M. Underwriters' over-allotment is an additional 450K shares of common stock. Trading kicks off on Nasdaq under the ticker symbol "FRZA" on August 12, 2022. The offering is expected to close on August 16, 2022. The net proceeds from the initial public offering will be used for the acquisition of property and the development of a manufacturing plant, infrastructure and equipment to build, design and manufacture Forza's new line of electric boats, ramp up of production and inventory and working capital.お知らせ • Jul 07Twin Vee Powercats Co. Announces Board and Committee ChangesOn June 30, 2022, Steven A. Shallcross, a member of the Board of Directors of Twin Vee PowerCats Co. notified the Company of his decision to resign, effective immediately, from his position as a member of the Board and related Committees. Mr. Shallcross did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Shallcross was a Class III director of the Company and also served as the Chairman of the Audit Committee of the Board, the Chairman of the Compensation Committee of the Board and as a member of the Corporate Governance and Nominating Committee of the Board. On July 6, 2022, the Board appointed Kevin Schuyler to serve as a Class III director of the Company. Mr. Schuyler was also appointed to serve as the Chairman of the Audit Committee of the Board, the Chairman of the Compensation Committee of the Board and as a member of the Corporate Governance and Nominating Committee of the Board. Mr. Schuyler, age 53, currently serves as a senior managing director at CornerStone Partners, a full-service institutional CIO and investment office located in Charlottesville, VA, with approximately $10 billion under management. Prior to joining CornerStone Partners in 2006, he held various positions with McKinsey & Company, Louis Dreyfus Corporation and The Nature Conservancy. Mr. Schuyler is the Vice Chairman of the board of directors and Lead Independent Director of Adial Pharmaceuticals Inc., a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, where he has served as a director since April 2016. Mr. Schuyler also serves and committees of Sentara Martha Jefferson Hospital, the US Endowment for Forestry and Communities, and Stone Barns Center. He is a member of the investment committee of the Margaret A. Cargill Philanthropies. Mr. Schuyler graduated with honors from Harvard College and received his MBA from The Darden Graduate School of Business at the University of Virginia. He is a member of the Chartered Financial Analyst Society of Washington, DC. The Company selected Mr. Schuyler to serve on its board of directors because he brings extensive knowledge of the financial markets. Mr. Schuyler’s business background provides him with a broad understanding of the financial markets and the financing opportunities available to Company.Reported Earnings • May 13First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.033 profit in 1Q 2021)First quarter 2022 results: US$0.17 loss per share (down from US$0.033 profit in 1Q 2021). Revenue: US$5.89m (up 84% from 1Q 2021). Net loss: US$1.19m (down US$1.32m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 48%, compared to a 8.5% growth forecast for the industry in the US.Reported Earnings • Apr 02Full year 2021 earnings released: US$0.19 loss per share (vs US$0.29 profit in FY 2020)Full year 2021 results: US$0.19 loss per share (down from US$0.29 profit in FY 2020). Revenue: US$15.8m (up 43% from FY 2020). Net loss: US$1.01m (down 186% from profit in FY 2020).Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$3.90, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 13x in the Leisure industry in the US.Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$3.21, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 12x in the Leisure industry in the US.Seeking Alpha • Jan 06Twin Vee Powercats: Sailing Away With The Electric RevolutionThe company's subsidiary is in process to IPO at a potential valuation that could dwarf existing market cap. This IPO is still under the radar as the company did not issue a press release yet - this could happen any day now. The company could be worth 10x based on recent private transaction of a comparable, and the subsidiary's IPO is a near-term catalyst to narrow this gap.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 29% share price gain to US$4.14, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 14x in the Leisure industry in the US.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$3.10, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 15x in the Leisure industry in the US.分析記事 • Nov 22Why Twin Vee Powercats' (NASDAQ:VEEE) Earnings Are Weaker Than They SeemEven though Twin Vee Powercats Co. ( NASDAQ:VEEE ) posted strong earnings recently, the stock hasn't reacted in a large...Reported Earnings • Nov 20Third quarter 2021 earnings released: US$0.061 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$4.12m (flat on 3Q 2020). Net loss: US$383.3k (flat on 3Q 2020).Valuation Update With 7 Day Price Move • Sep 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$3.58, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 15x in the Leisure industry in the US.決済の安定と成長配当データの取得安定した配当: VEEEの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: VEEEの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Twin Vee Powercats 配当利回り対市場VEEE 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (VEEE)n/a市場下位25% (US)1.4%市場トップ25% (US)4.3%業界平均 (Leisure)2.7%アナリスト予想 (VEEE) (最長3年)n/a注目すべき配当: VEEEは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: VEEEは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: VEEEの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: VEEEが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 07:40終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Twin Vee Powercats Co. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Ashok KumarThinkEquity LLC
お知らせ • Jan 18Twin Vee Powercats Co. (NasdaqCM:VEEE) announces an Equity Buyback for $1 million worth of its shares.Twin Vee Powercats Co. (NasdaqCM:VEEE) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its shares. As of November 9, 2022, the company had 9,520,000 shares outstanding.
Reported Earnings • May 11First quarter 2026 earnings released: US$12.93 loss per share (vs US$40.06 loss in 1Q 2025)First quarter 2026 results: US$12.93 loss per share. Revenue: US$3.96m (up 9.8% from 1Q 2025). Net loss: US$2.09m (loss widened 30% from 1Q 2025).
お知らせ • Apr 04Twin Vee PowerCats Co Receives Notice of Nasdaq Delisting Due to Failure to Meet Bid Price RequirementOn April 2, 2026, Twin Vee PowerCats Co. (the Company) received written notice (the Notification Letter) from the staff of the Listing Qualifications Department (the Staff) of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it no longer satisfies the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of thirty (30) consecutive business days (collectively, the Bid Price Rule). Based on the closing bid price of the Company's common stock, par value $0.001 per share (the Common Stock), for the thirty (30) consecutive business days from February 18, 2026 to March 31, 2026, the Company no longer satisfies the Bid Price Rule. While companies are typically afforded a 180-calendar day compliance period to comply with the Bid Price Rule, the Notification Letter stated that, pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company was not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) due to the fact that the Company effected a reverse stock split over the prior one-year period. The Company effected a 1-for-10 reverse stock split on April 7, 2025. The Notification Letter stated that the Company's securities will be subject to delisting from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the Panel) by April 9, 2026. Accordingly, the Company intends to timely request a hearing before the Panel, and at which point, such timely request will automatically stay any further suspension or delisting action by Nasdaq pending the Panel's decision. During the appeal process with the Panel, the Common Stock will continue to be listed and trade on Nasdaq. There can be no assurance that the Panel will grant the Company's request for continued listing or that the Company will be able to regain compliance and thereafter maintain its listing on Nasdaq. The Company intends to actively monitor the bid price of its Common Stock and is considering available options to regain compliance with the Nasdaq listing requirements, including such actions as effecting a reverse stock split to maintain its Nasdaq listing.
お知らせ • Mar 25Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $2.49289 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $2.49289 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,491,900 Price\Range: $0.384 Discount Per Security: $0.02688
お知らせ • Mar 23Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $2.49289 million.Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $2.49289 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,491,900 Price\Range: $0.384 Discount Per Security: $0.02688
お知らせ • Mar 17Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $1.69974 million.Twin Vee Powercats Co. has filed a Follow-on Equity Offering in the amount of $1.69974 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,473,000 Price\Range: $0.38 Discount Per Security: $0.0266
お知らせ • Mar 11Twin Vee Powercats Co. has withdrawn its Follow-on Equity Offering.Twin Vee Powercats Co. has withdrawn its Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock
お知らせ • Mar 10Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock
Reported Earnings • Mar 02Full year 2025 earnings released: US$4.37 loss per share (vs US$11.01 loss in FY 2024)Full year 2025 results: US$4.37 loss per share (improved from US$11.01 loss in FY 2024). Revenue: US$14.8m (up 3.0% from FY 2024). Net loss: US$8.61m (loss narrowed 22% from FY 2024).
分析記事 • Jan 29Lacklustre Performance Is Driving Twin Vee Powercats Co.'s (NASDAQ:VEEE) 26% Price DropTo the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 26% in the...
お知らせ • Jan 14+ 1 more updateTwin Vee PowerCats Co. Announces Chief Financial Officer Changes, Effective January 9, 2026On January 9, 2026, the Board of Directors of Twin Vee PowerCats Co. (the “Company”), upon recommendation of the Compensation Committee of the Board, appointed Joseph Visconti to serve as Interim Chief Financial Officer of the Company, effective January 9, 2026. Mr. Visconti succeeds Interim Chief Financial Officer Scott Searles, who was appointed in September 2025 and whose employment with the Company terminated effective as of January 9, 2026. Mr. Visconti will now serve as the Company’s Chief Executive Officer, Interim Chief Financial Officer, President and Chairman of the Board and will act as the Company’s principal executive officer, principal financial officer and principal accounting officer. Mr. Visconti, 61, has been the Company’s Chief Executive Officer and Chairman of the Board since 2015. Mr. Visconti served as President from 2015 to 2024 and was recently reappointed President in January 2025. With over 25 years of executive level operational and financial experience, Mr. Visconti was the founder, CEO and President of two previous companies; the first company was a regional Investment Bank that he built to over 400 employees and sold in 2000. The second company was ValueRich. ValueRich transitioned from media related business to Twin Vee PowerCats Inc. in 2015. Mr. Visconti has experience building teams of professionals with a focus on product development and bringing those products to market. Mr. Visconti received his Associate’s degree from Lynn University in 1984.
お知らせ • Jan 10Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,883,249 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 8,883,249
Board Change • Dec 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Marcia Kull was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Dec 02Revenues Not Telling The Story For Twin Vee Powercats Co. (NASDAQ:VEEE) After Shares Rise 26%The Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has done very well over the last month, posting an excellent...
Reported Earnings • Nov 09Third quarter 2025 earnings released: US$1.23 loss per share (vs US$2.64 loss in 3Q 2024)Third quarter 2025 results: US$1.23 loss per share. Revenue: US$3.43m (up 18% from 3Q 2024). Net loss: US$2.76m (loss widened 9.7% from 3Q 2024).
お知らせ • Oct 30Twin Vee Powercats Co. to Report Q3, 2025 Results on Nov 06, 2025Twin Vee Powercats Co. announced that they will report Q3, 2025 results on Nov 06, 2025
お知らせ • Sep 25Twin Vee Powercats Co. Appoints Scott Searles as Interim Chief Financial OfficerTwin Vee Powercats Co. announced the appointment of Scott Searles as Interim Chief Financial Officer (CFO). Searles brings 20 years of corporate finance experience, including senior roles at Walmart Inc. and his current position as vice-president at The Nuclear Company.
分析記事 • Sep 25Improved Revenues Required Before Twin Vee Powercats Co. (NASDAQ:VEEE) Stock's 35% Jump Looks JustifiedTwin Vee Powercats Co. ( NASDAQ:VEEE ) shares have had a really impressive month, gaining 35% after a shaky period...
Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.87 loss per share (vs US$3.09 loss in 2Q 2024)Second quarter 2025 results: US$0.87 loss per share (improved from US$3.09 loss in 2Q 2024). Revenue: US$4.76m (up 9.9% from 2Q 2024). Net loss: US$1.65m (loss narrowed 44% from 2Q 2024).
お知らせ • Jul 31Twin Vee Powercats Co. to Report Q2, 2025 Results on Aug 07, 2025Twin Vee Powercats Co. announced that they will report Q2, 2025 results on Aug 07, 2025
お知らせ • Jun 23Mike Dickerson to Resign as CFO of Twin Vee Powercats Co. on September 14, 2025On June 17, 2025, Mike Dickerson, the Chief Financial Officer of Twin Vee PowerCats Co. notified the Company of his decision to resign, effective September 14, 2025, from his position as the Company's Chief Financial Officer.
分析記事 • Jun 11Benign Growth For Twin Vee Powercats Co. (NASDAQ:VEEE) Underpins Stock's 30% PlummetTo the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 30% in the...
お知らせ • May 10Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $3 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $3 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 750,000 Price\Range: $4
Reported Earnings • May 10First quarter 2025 earnings released: US$1.08 loss per share (vs US$1.77 loss in 1Q 2024)First quarter 2025 results: US$1.08 loss per share (improved from US$1.77 loss in 1Q 2024). Revenue: US$3.61m (down 32% from 1Q 2024). Net loss: US$1.61m (loss narrowed 4.5% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.
お知らせ • May 09Twin Vee Powercats Co. has filed a Follow-on Equity Offering.Twin Vee Powercats Co. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock
お知らせ • May 01+ 1 more updateTwin Vee Powercats Co. to Report Q1, 2025 Results on May 08, 2025Twin Vee Powercats Co. announced that they will report Q1, 2025 results on May 08, 2025
分析記事 • Apr 11Twin Vee Powercats Co.'s (NASDAQ:VEEE) 29% Dip In Price Shows Sentiment Is Matching RevenuesUnfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 29% in the last...
お知らせ • Apr 04Twin Vee Announces 1-For-10 Reverse Stock Split to Regain ComplianceTwin Vee PowerCats Co. announced that it will implement a 1-for-10 reverse stock split of the issued and outstanding shares of the Company's common stock (the "Reverse Stock Split"), effective 11:59 p.m. Eastern Time on April 7, 2025, and the Company's common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis at the opening of the market on April 8, 2025 under the existing ticker symbol "VEEE." The primary purpose of the 1-for-10 Reverse Stock Split is to raise the per-share trading price of the Company's common stock to allow for its continued listing on the Nasdaq Capital Market, among other benefits. The Nasdaq Capital Market requires, among other things, that a listing a company's common stock maintain a minimum bid price of at least $1.00 per share.
Reported Earnings • Mar 21Full year 2024 earnings released: US$1.10 loss per share (vs US$0.76 loss in FY 2023)Full year 2024 results: US$1.10 loss per share (further deteriorated from US$0.76 loss in FY 2023). Revenue: US$14.4m (down 57% from FY 2023). Net loss: US$11.0m (loss widened 54% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 13Twin Vee Powercats Co. to Report Fiscal Year 2024 Results on Mar 20, 2025Twin Vee Powercats Co. announced that they will report fiscal year 2024 results on Mar 20, 2025
お知らせ • Feb 11Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a sale agreement to acquire Certain Intellectual Property from Revver Digital, LLC for $5 million.Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a sale agreement to acquire Certain Intellectual Property from Revver Digital, LLC for $5 million on February 4, 2025. The Sale Agreement grants Twin Vee Powercats Co. a license to use and sublicense the OWN Intellectual Property to conduct the Business in consideration of: (a) the payment to OWM of a monthly revenue-sharing royalty of six percent (6%) of the Aggregate Subscription Revenue of the Business; and (b) a credit to OWM of $500 per OWM dealer who lists boats or yachts on the Domains during such period. Twin Vee Powercats Co. will assume certain liabilities of OWM related to the Business and pay to OWM $5,000,000 (the “Minimum Purchase Price”), less the aggregate amount of all Revenue-Sharing Royalties paid to OWM through such date and the aggregate amount of all Dealer Storefront Credits accrued for the benefit of OWM through such date (the “Remaining Purchase Price”). W. Lyle Gravatt of Michael Best & Friedrich LLP acted as legal advisor for Revver Digital, LLC.
お知らせ • Jan 24Twin Vee Powercats Co. Announces Executive ChangesOn January 22, 2025, the Board of Directors of Twin Vee PowerCats Co. (the ‘Company”) appointed Joseph Visconti to serve as President of the Company, effective immediately. This appointment is in connection with the resignation of Karl Zimmer on November 30, 2024. Joseph Visconti, 60, has been the Company’s Chief Executive Officer and Chair of the Board since 2015. Prior to this appointment, he also served as President of the Company from 2015 until July 2024. With over 25 years of executive level operational and financial experience, Mr. Visconti was the founder, CEO and President of two previous companies, the first company was a regional Investment Bank that he built to over 400 employees and sold in 2000. The second company was ValueRich, a financial media company that was taken public on the American Stock Exchange in 2007. ValueRich transitioned from media related business to Twin Vee PowerCats Inc. in 2015. Mr. Visconti has experience building teams of professionals with a focus on product development and bringing those products to market. Mr. Visconti received his Associate’s degree from Lynn University in 1984.
分析記事 • Jan 18The Market Lifts Twin Vee Powercats Co. (NASDAQ:VEEE) Shares 47% But It Can Do MoreTwin Vee Powercats Co. ( NASDAQ:VEEE ) shares have had a really impressive month, gaining 47% after a shaky period...
New Risk • Dec 31New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 22% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Market cap is less than US$10m (US$5.33m market cap). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$12m).
お知らせ • Dec 10Twin Vee Powercats Co. Appoints Shawn Erb as Director of Sales and Dealer RelationsTwin Vee PowerCats Co. announced that Shawn Erb, a seasoned sales and business development professional in the marine and recreational vehicle industries, has joined Twin Vee as its Director of Sales and Dealer Relations. In this role, Mr. Erb will lead the Company's sales operations, cultivate strong relationships with new and existing dealers across the United States and globally, and manage the sales, distribution, and support for the Company's product lines. Mr. Erb's new position is effective immediately. Most recently, Mr. Erb was the National Sales Manager for Four Winn's Boats, where he directed and managed the sales and business development strategy for Four Winn's & Wellcraft Brands in the Americas. He also served as the VP of Sales and Business Development for SHERP of North America, developing and supporting its North American dealer network. From 2016 to 2023, Mr. Erb worked at BRP Inc. in several roles, including Business Development Manager U.S. Southeast for BRP Inc.'s Marine Group Division, Field Operations Manager of the U.S. Powersports Division for Motorcycles, and Rider Education Manager for the U.S. His other notable roles include Production Manager at York Vehicle Operations for the Harley Davidson Motor Company, Operations Director/Regional Sales Manager for Premier Property Service of York, LLC, and Executive Consultant and International Sales Director for International Business Service Group.Mr. Erb graduated with a Master of Business Administration in Human Resource Management in 2021 and a Bachelor of Business Administration in 2017 from Wrexham Glyndwr University.
Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Kevin Schuyler was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Dec 04Market Cool On Twin Vee Powercats Co.'s (NASDAQ:VEEE) Revenues Pushing Shares 27% LowerTwin Vee Powercats Co. ( NASDAQ:VEEE ) shareholders won't be pleased to see that the share price has had a very rough...
New Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Market cap is less than US$10m (US$6.21m market cap). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Share price has been volatile over the past 3 months (16% average weekly change).
お知らせ • Nov 27Twin Vee Powercats Co. (NasdaqCM:VEEE) completed the acquisition of remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA).Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million on August 12, 2024. Under the terms of the merger agreement, each holder of Forza Common Stock (other than Twin Vee) will receive 0.611666275 shares of Twin Vee Common Stock in exchange for each share of Forza Common Stock that they own on the effective date of the merger for a maximum of 5,355,000 shares of Twin Vee Common Stock (no fractional shares will be issued) and the 7,000,000 shares of Forza Common Stock held by Twin Vee will be cancelled. The pre-closing securityholders of each of Twin Vee and Forza would beneficially own approximately 64% and 36% respectively of the outstanding shares of Twin Vee Common Stock following the closing of the merger. Upon the closing of the transaction, the merged company will operate under the Twin Vee PowerCats Co. name, and the company’s common stock is expected to continue to trade on NASDAQ under the current ticker symbol “VEEE.”. Upon closing of the transaction, Marcia Kull (a current board member of Forza) will be appointed to the Board of Directors of Twin Vee. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, the approval of the Twin Vee and Forza shareholders, which approval shall include a majority of the shares present in person or by proxy excluding shares held by Twin Vee, authorization for listing on the Nasdaq Capital Market of the shares of Twin Vee common stock to be issued in the Merger, subject to official notice of issuance, resignation of certain officers and directors of Forza and effectiveness of the registration statement on Form S-4 for the Twin Vee common stock to be issued in the Merger. Following the recommendation of each of their special committees, the board of directors of both Twin Vee and Forza unanimously approved the merger agreement. The transaction is expected to close by the end of 2024. As of November 11, 2024, Forza X1 and Twin Vee shareholders approved the transaction. Leslie Marlow of Blank Rome LLP acted as legal advisor to Twin Vee. Interwest Transfer Company, Inc. acted as transfer agent to Twin Vee. Houlihan Capital, LLC acted as financial advisor to Twin Vee Powercats and provided fairness opinion to the Twin Vee Board of Directors. Intelek Business Valuations & Advisory acted as financial advisor to Forza X1 and provided fairness opinion to the Forza X1 Board of Directors. Houlihan Capital’s fees to Twin Vee for services in connection with issuing the Opinion were $75,000. Twin Vee Powercats Co. (NasdaqCM:VEEE) completed the acquisition of remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) on November 26, 2024. As a result of the Merger, a change in control of the Company occurred and the Company became a wholly-owned subsidiary of Twin Vee. Effective as of October 10, 2024, shares of Forza Common Stock were suspended from trading on the Nasdaq Capital Market (“Nasdaq”). In accordance with the terms of the Merger Agreement, at the Effective Time, Marcia Kull, Neill Ross and Kevin Schuyler resigned as directors of Forza. These resignations were not a result of any disagreement between Forza and the directors on any matter relating to Forza’s operations, policies or practices.
Reported Earnings • Nov 17Third quarter 2024 earnings released: US$0.26 loss per share (vs US$0.20 loss in 3Q 2023)Third quarter 2024 results: US$0.26 loss per share (further deteriorated from US$0.20 loss in 3Q 2023). Revenue: US$2.90m (down 64% from 3Q 2023). Net loss: US$2.51m (loss widened 35% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year whereas the company’s share price has fallen by 52% per year.
お知らせ • Nov 10Twin Vee Powercats Receives Written Notification from Nasdaq Granting the Company's Request for 180-Day Extension to Regain Compliance with Nasdaq Listing Rule 5550(a)(2)As previously reported, on May 10, 2024, Twin Vee PowerCats Co. (the Company") received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that for the preceding 30 consecutive business days (March 28, 2024 through May 9, 2024), the Company's common stock did not maintain a minimum closing bid price of $1.00 (Minimum Bid Price Requirement") per share as required by Nasdaq Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until November 6, 2024, to regain compliance. The Company did not regain compliance with the Minimum Bid Price Requirement by November 6, 2024; however, on November 7, 2024, the Company received written notification from Nasdaq granting the Company's request for a 180-day extension to regain compliance with Nasdaq Listing Rule 5550(a)(2). Compliance may be achieved automatically and without further action if the closing bid price of the Company's common stock is at or above $1.00 for a minimum of ten consecutive business days at any time prior to May 5, 2025, Nasdaq will notify the Company that it has regained compliance with the Minimum Bid Price Requirement and the matter will be closed. If the Company does not regain compliance with the Minimum Bid Price Requirement by May 5, 2025, Nasdaq will provide written notification to the Company that its common stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company intends to actively monitor the bid price of its common stock and is considering available options to regain compliance with the Nasdaq listing requirements, including such actions as effecting a reverse stock split to maintain its Nasdaq listing. Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's common stock, which will continue to trade on The Nasdaq Capital Market under the symbol VEEE".
お知らせ • Nov 07Twin Vee Powercats Co. to Report Q3, 2024 Results on Nov 14, 2024Twin Vee Powercats Co. announced that they will report Q3, 2024 results on Nov 14, 2024
お知らせ • Oct 09Twin Vee Powercats Co., Annual General Meeting, Nov 13, 2024Twin Vee Powercats Co., Annual General Meeting, Nov 13, 2024. Location: 3101 s. u.s. highway 1, fort pierce, florida 34982, United States
お知らせ • Sep 24Twin Vee Powercats Co. Announces Appointment of Carol Hindsman as Chief Technology OfficerTwin Vee PowerCats Co. announced the appointment of Carol Hindsman as its new Chief Technology Officer (CTO). Hindsman, an accomplished engineer and technology executive, will play a pivotal role in overseeing the development of Twin Vee's Pro-Direct Platform, an automotive-inspired online marketplace being designed to revolutionize the boat-buying process, improve customer satisfaction, and help expand its reach to more markets nationwide. Hindsman brings a wealth of experience to the Company. With a diverse career that includes startups, mid-size firms, and Fortune 500 companies, Hindsman has been a part of driving innovation at businesses such as G.E., WorldCom, and Ryder System Inc. Originally from Venezuela, she moved to the U.S. as a teenager and obtained a Bachelor's degree in Electrical Engineering from Florida International University, a Master's in Computer Engineering, and an MBA. As CTO, Hindsman will manage the development of the Pro-Direct Platform, which aims to elevate the boat buying experience with a suite of comprehensive and easy-to-use web-based tools.
分析記事 • Sep 10Positive Sentiment Still Eludes Twin Vee Powercats Co. (NASDAQ:VEEE) Following 25% Share Price SlumpUnfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 25% in the last...
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.47 loss per share (vs US$0.14 loss in 2Q 2023)Second quarter 2024 results: US$0.47 loss per share (further deteriorated from US$0.14 loss in 2Q 2023). Revenue: US$4.33m (down 47% from 2Q 2023). Net loss: US$4.52m (loss widened 239% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 14 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 13Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million.Twin Vee Powercats Co. (NasdaqCM:VEEE) entered into a definitive merger agreement to acquire remaining 55.57% stake in Forza X1, Inc. (NasdaqCM:FRZA) for $2.6 million on August 12, 2024. Under the terms of the merger agreement, each holder of Forza Common Stock (other than Twin Vee) will receive 0.61166627 shares of Twin Vee Common Stock in exchange for each share of Forza Common Stock that they own on the effective date of the merger for a maximum of 5,355,000 shares of Twin Vee Common Stock (no fractional shares will be issued) and the 7,000,000 shares of Forza Common Stock held by Twin Vee will be cancelled. The pre-closing securityholders of each of Twin Vee and Forza would beneficially own approximately 64% and 36% respectively of the outstanding shares of Twin Vee Common Stock following the closing of the merger. Upon the closing of the transaction, the merged company will operate under the Twin Vee PowerCats Co. name, and the company’s common stock is expected to continue to trade on NASDAQ under the current ticker symbol “VEEE.”. Upon closing of the transaction, Marcia Kull (a current board member of Forza) will be appointed to the Board of Directors of Twin Vee. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, the approval of the Twin Vee and Forza shareholders, which approval shall include a majority of the shares present in person or by proxy excluding shares held by Twin Vee, authorization for listing on the Nasdaq Capital Market of the shares of Twin Vee common stock to be issued in the Merger, subject to official notice of issuance, resignation of certain officers and directors of Forza and effectiveness of the registration statement on Form S-4 for the Twin Vee common stock to be issued in the Merger. Following the recommendation of each of their special committees, the board of directors of both Twin Vee and Forza unanimously approved the merger agreement. The transaction is expected to close by the end of 2024. Leslie Marlow of Blank Rome LLP acted as legal advisor to Twin Vee.
お知らせ • Aug 07Twin Vee Powercats Co. to Report Q2, 2024 Results on Aug 14, 2024Twin Vee Powercats Co. announced that they will report Q2, 2024 results on Aug 14, 2024
分析記事 • Jul 16Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 29%Unfortunately for some shareholders, the Twin Vee Powercats Co. ( NASDAQ:VEEE ) share price has dived 29% in the last...
お知らせ • Jul 15Twin Vee Powercats Co. Announces Appointment of Karl Zimmer as PresidentTwin Vee Powercats Co. announced the appointment of Karl Zimmer as President of the Company effective July 12, 2024. This strategic leadership change will enable Joseph Visconti, the current CEO who until the appointment also served as President, to dedicate his efforts towards expanding the Company's business, developing potential mergers and acquisitions, enhancing sales and marketing strategies, expanding investor relations, and steering the long-term vision of Twin Vee. Karl Zimmer's career spans nearly three decades, marked by significant accomplishments in various leadership roles. Most recently, he served as President of Florida Beef Inc., an operator of multiple protein plants, where he successfully increased daily production rates and achieved notable improvements in food safety and compliance. Before his tenure at Florida Beef, Mr. Zimmer was the founding President and CEO of a start-up, where he launched the business and led and accelerated its growth into one of the largest U.S. companies in its business segment and industry. Mr. Zimmer's operational expertise led to a large return for owners and a significant increase in company value within six years. Mr. Zimmer's experience also includes a number of executive leadership roles at General Cable, one of the world's largest wire and cable manufacturers at the time, where he managed global supply chain strategies and operations across multiple countries. His work there contributed to significant cost reductions and operational improvements, enhancing General Cable's profitability and efficiency. In his new role, Zimmer will oversee Twin Vee's day-to-day operations, ensuring the Company continues to deliver high-quality products and exceptional customer service. His leadership will support Twin Vee's ongoing commitment to operational excellence and he is expected to play a crucial role in executing the Company's growth strategies. According to Visconti, Twin Vee is committed to delivering unparalleled boating experiences to its customers. With the leadership and strategic focus of both Karl Zimmer and Joseph Visconti, the Company believes it is well-positioned to achieve its ambitious growth objectives and continue to set the standard in the power catamaran industry. Mr. Zimmer received a Bachelor of Science in Industrial Engineering degree from the University of Cincinnati in Ohio. Additionally, he is an Eagle Scout and has served in numerous volunteer/board roles for the Boy Scouts of America in Ohio and Georgia. Mr. Zimmer sits on the Dean's Advisory Council, College of Engineering and Applied Science, at the University of Cincinnati; and previously the College Advisory Council, College of Agricultural and Environmental Sciences, at the University of Georgia.
分析記事 • Jun 01Twin Vee Powercats Co. (NASDAQ:VEEE) Might Not Be As Mispriced As It Looks After Plunging 27%To the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 27% in the...
お知らせ • May 23Twin Vee Powercats Co. Goes All-Digital, Tech-Forward with New GFX2 ModelsTwin Vee PowerCats Co. announced that its 2025 model lineup will include an all-digital platform for the first time in the Company's history. This latest addition to its all-new second generation GFX model line replaces the traditional mechanical switches and circuit breakers that have been utilized in Twin Vee's boats in the past and will work seamlessly with optional tech packages the Company plans to offer. The shift to an all-digital platform with a digital switching system represents significant upgrades in the design and functionality of the Company's boat models. According to Joseph Visconti, CEO and President of Twin Vee PowerCats Co., the all-new digital switching system enhances the reliability of the boat's power distribution system, ensuring a more dependable and efficient performance on the water.
Reported Earnings • May 17First quarter 2024 earnings released: US$0.18 loss per share (vs US$0.12 loss in 1Q 2023)First quarter 2024 results: US$0.18 loss per share (further deteriorated from US$0.12 loss in 1Q 2023). Revenue: US$5.28m (down 41% from 1Q 2023). Net loss: US$1.69m (loss widened 45% from 1Q 2023).
お知らせ • May 10Twin Vee Powercats Co. to Report Q1, 2024 Results on May 15, 2024Twin Vee Powercats Co. announced that they will report Q1, 2024 results Pre-Market on May 15, 2024
お知らせ • Apr 25Twin Vee Powercats Co. Details the Standards to Be Included in Its All-New Second Generation Gfx Model LineTwin Vee PowerCats Co. announced more details about its second-generation GFX model line (or GFX-2 for short). According to the Company, the heart of the GFX's transformation is the all-digital switching system, which replaces the traditional mechanical switches and circuit breakers used in years past. This upgrade increases the reliability of the boat's power distribution system and is more convenient and flexible for boat owners. Complementing this upgrade is the Command Center Console, which has been redesigned to improve the helm experience. Twin Vee also unveiled several updated features to enhance the fishing experience onboard. The Company also emphasized luxury amenities during the GFX-2's reimagining. According to Visconti, the GFX-2 will feature premium marine upholstery with luxury sport stitch patterns. Moreover, the bow seating will see the addition of forward-facing backrests so passengers can sit comfortably while underway. Carbon fiber fish box hatch-lids will also add to the refined look of the GFX-2.
お知らせ • Apr 24Twin Vee PowerCats, Co. Appoints Tom Morford as Director of National SalesTwin Vee PowerCats Co. announced that it hired industry veteran Thomas Morford as its Director of National Sales to support its continued growth and enhance its presence in key national markets and other territories. Mr. Morford's new position is effective immediately. Thomas Morford joins Twin Vee with 22 years of experience in the marine industry. Mr. Morford was the regional sales manager for Iconic Marine Group where he actively recruited and worked with Fountain, Donzi, and Baja boat dealers across the country. He also worked as the regional sales manager for the Marquis Larson Boat Group, the Monterrey Boat Company, and Wellcraft Marine. In addition to sales, Mr. Morford founded Northern Maine Electronics in 2008. In 2019, he was director of e-commerce and special projects at The Samarian Group LLC Venture Capital and was responsible for overseeing and managing the e-commerce portions of all Samarian Group companies. Mr. Morford is also the owner and operator of Sport Fish Yacht Services, LLC for the past 16 years.
お知らせ • Apr 05Twin Vee Powercats Co. Announces Executive ChangesTwin Vee PowerCats Co. announced the appointment of Michael P. Dickerson as its chief financial & administrative officer, effective April 4, 2024. Mr. Dickerson succeeds former CFO Carrie Gunnerson, who was appointed in October 2021. Mr. Dickerson comes to Twin Vee with 35 years of corporate experience in multi-billion dollar publicly traded and private companies, including Dorman Products Inc., Aaron's Inc., Gannett Co. Inc., The Babcock & Wilcox Company, General Cable Corporation, and Belden Inc. He has spent most of his career in senior and executive level finance and operational roles including finance & accounting, treasury, investor relations & corporate communications, risk management, and other related roles. He most recently served in a consulting capacity at Savannah River Logistics as their Executive Vice President, Chief Financial & Administrative Officer, and Treasurer. Mr. Dickerson holds a Bachelor of Science in Business Administration in Accounting from the University of Dayton in Dayton, Ohio. Additionally, he is a member of the American Institute of Certified Public Accounts (AICPA), a member of the Ohio Society of Certified Public Accountants (OSCPA), and a Senior Roundtable Member of the National Investor Relations Institute (NIRI).
分析記事 • Apr 04Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 30%To the annoyance of some shareholders, Twin Vee Powercats Co. ( NASDAQ:VEEE ) shares are down a considerable 30% in the...
お知らせ • Apr 04Twin Vee PowerCats Co. Launches Next Generation of its Successful GFX Model LineTwin Vee PowerCats Co. announced the launch of the all-new second generation of its GFX model line that features a multitude of design, styling, and technological innovations that is expected elevate the Twin Vee brand above its competitors as well as the impressive legacy of the first-generation of GFX boats. The second generation of the GFX model line, or GFX-2 for short, will feature five lengths ranging in size from 24 feet to 40 feet in length. Moreover, the GFX-2 now features an all-digital switching backbone and an updated electronics system, allowing customers to control their boat via a touch screen on a 24-inch multifunction display. The GFX-2 center console boats also benefit from a complete redesign, with improved upholstery, all-new ergonomics, increased fuel capacity, updated color options, and streamlined console framing. While all those upgrades now come standard on every new GFX-2 boat, Twin Vee also offers new options that integrate the latest innovations in navigation, fishing, and water sports. The Company's GFX model line was originally introduced in 2019 and earned several accolades in its five-year history from renowned publications such as Boat Trader and Motor Boat & Yachting. Taking what they've learned throughout the GFX's lifetime, Twin Vee's engineers, designers, and boat builders sought to improve its most popular model line to deliver an even better boating experience for its customers. The 26-foot 260 GFX-2 will be entering production next month, with the 280 and 340 GFX-2 to follow in June. The all-new 240 GFX-2 will then enter production in July. They will join the 400 GFX-2, which was upgraded earlier this year. Twin Vee plans to showcase the first 260 GFX-2 during its annual dealer meeting on May 20th in West Palm Beach.
Reported Earnings • Mar 27Full year 2023 earnings released: US$0.76 loss per share (vs US$0.67 loss in FY 2022)Full year 2023 results: US$0.76 loss per share (further deteriorated from US$0.67 loss in FY 2022). Revenue: US$33.4m (up 4.5% from FY 2022). Net loss: US$7.19m (loss widened 40% from FY 2022).
お知らせ • Mar 20Twin Vee Powercats Co. to Report Fiscal Year 2023 Results on Mar 26, 2024Twin Vee Powercats Co. announced that they will report fiscal year 2023 results at 10:00 AM, US Eastern Standard Time on Mar 26, 2024
New Risk • Feb 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 83% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$11.5m market cap).
分析記事 • Feb 16Twin Vee Powercats Co. (NASDAQ:VEEE) Screens Well But There Might Be A CatchThere wouldn't be many who think Twin Vee Powercats Co.'s ( NASDAQ:VEEE ) price-to-sales (or "P/S") ratio of 0.4x is...
お知らせ • Nov 10Twin Vee Powercats Co. Announces Move to Bring Aquasport Boat Production to Its Factory in Fort Pierce, FloridaTwin Vee PowerCats Co. announced a strategic consolidation of its operations by moving the manufacturing of Aquasport products from Tennessee to its Fort Pierce, Florida facility. According to the Company, the decision is driven by the desire to increase efficiency and implement cost-saving initiatives throughout its brands. Twin Vee's Fort Pierce factory is currently in the process of expanding its floor space by approximately 30,000 square feet, increasing the total area of its boat-building facility to nearly 100,000 square feet of production space. The Company plans to add another manufacturing line to increase its production output once the expansion is completed.
お知らせ • Nov 07Twin Vee Powercats Co. to Report Q3, 2023 Results on Nov 13, 2023Twin Vee Powercats Co. announced that they will report Q3, 2023 results on Nov 13, 2023
お知らせ • Aug 18Twin Vee Powercats Co., Annual General Meeting, Oct 12, 2023Twin Vee Powercats Co., Annual General Meeting, Oct 12, 2023.
Reported Earnings • Aug 15Second quarter 2023 earnings released: US$0.20 loss per share (vs US$0.077 loss in 2Q 2022)Second quarter 2023 results: US$0.20 loss per share (further deteriorated from US$0.077 loss in 2Q 2022). Revenue: US$8.12m (down 4.6% from 2Q 2022). Net loss: US$1.90m (loss widened 253% from 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Leisure industry in the US.
New Risk • Aug 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 112% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (112% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$936k net loss next year). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$30.6m market cap).
お知らせ • Aug 08Twin Vee Powercats Co. to Report Q2, 2023 Results on Aug 14, 2023Twin Vee Powercats Co. announced that they will report Q2, 2023 results on Aug 14, 2023
Reported Earnings • May 17First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.17 loss in 1Q 2022)First quarter 2023 results: US$0.12 loss per share (improved from US$0.17 loss in 1Q 2022). Revenue: US$8.88m (up 51% from 1Q 2022). Net loss: US$1.17m (loss narrowed 2.1% from 1Q 2022).
お知らせ • May 09Twin Vee Powercats Co. to Report Q1, 2023 Results on May 15, 2023Twin Vee Powercats Co. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on May 15, 2023
Reported Earnings • Mar 31Full year 2022 earnings released: US$0.76 loss per share (vs US$0.19 loss in FY 2021)Full year 2022 results: US$0.76 loss per share (further deteriorated from US$0.19 loss in FY 2021). Revenue: US$32.0m (up 103% from FY 2021). Net loss: US$5.79m (loss widened 473% from FY 2021).
お知らせ • Feb 16Twin Vee PowerCats Co. Launches All-New Boat Brand "LFG Marine"Twin Vee PowerCats Co. announced the launch of LFG Marine, an all-new monohull boat brand that will feature unique, new, and versatile boat models initially geared toward the freshwater market but can also be enjoyed in saltwater environments. "LFG Marine is a bold new custom boat brand set to re-energize the world of watercraft. The Company is currently developing the following models for LFG Marine: 22' Center Console monohull; 25' Dual Console, single-engine day boat; 22' Dual Console monohull; 25' Deck Boat, single-engine. Additional plans for larger monohull boats ranging from 24 - 30 or more feet in length. The first boat released under the LFG Marine name will be the all-new twenty-two-foot center console monohull. The 220 LFG Center Console boasts a ninety-gallon fuel tank, a 26-gallon livewell, a 36-quart console cooler, and bow and floor storage boxes. Powered by a single outboard motor (150 HP standard or 200 HP optional), the 220 LFG offers a variety of options so customers can personalize their boats. For example, boat hulls can be customized with almost any Pantone color. Moreover, many options, including LED lighting packages and sound systems, will also be available based on customer preference. LFG Marine's boat model lineup will eventually include a 22-foot dual console center console, a 25-foot dual console, and a 25-foot deck boat. LFG's boats will be manufactured and shipped from the Company's Fort Pierce, Florida factory. The Company's newest boat brand seeks to benefit from some of the most recent trends in the recreational marine industry. According to a recent report from the National Marine Manufacturers' Association, segments driving growth in 2022 included entry-level boats such as personal watercraft, freshwater aluminum, and fiberglass fishing boats, as well as pontoon boats less than 26 feet. The NMMA's early indications point to continued healthy demand, with new retail boat sales expected to remain on par with 2022.
お知らせ • Jan 20Twin Vee PowerCats, Co. Announces All-New Branded ApparelTwin Vee PowerCats Co. announced that it plans to launch its own line of Twin Vee branded apparel and accessories in the coming weeks. The inaugural collection includes trendy and expertly crafted clothing that is stylish, functional, and body-inclusive. Twin Vee Apparel will include a wide assortment of short-sleeved and long-sleeved t-shirts with various logos and graphics, hoodies, shorts, hats, visors, bags, water-resistant outwear, and several smaller branded accessories. The 2023 Twin Vee collection, which features a mix of men's, women's, and gender-neutral styles and accessories, will be available on the Company's website later this month.
お知らせ • Jan 18Twin Vee Powercats Co. (NasdaqCM:VEEE) announces an Equity Buyback for $1 million worth of its shares.Twin Vee Powercats Co. (NasdaqCM:VEEE) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its shares. As of November 9, 2022, the company had 9,520,000 shares outstanding.
Reported Earnings • Nov 11Third quarter 2022 earnings released: US$0.10 loss per share (vs US$0.061 loss in 3Q 2021)Third quarter 2022 results: US$0.10 loss per share (further deteriorated from US$0.061 loss in 3Q 2021). Revenue: US$8.81m (up 114% from 3Q 2021). Net loss: US$700.0k (loss widened 83% from 3Q 2021).
お知らせ • Oct 26Twin Vee Powercats, Co. Appoints Zachary Crane as Its Director of National SalesTwin Vee PowerCats Co. announced that it has hired industry veteran Zachary Crane as its Director of National Sales to support its continued growth and enhance its presence in key national markets and other territories. Mr. Crane's new position is effective immediately. Mr. Crane shares Visconti's excitement and looks forward to collaborating with the Twin Vee team with the intention to open new markets and expand distribution. "Great things in business are never done by one person. They are done by a team of people," states Crane. Zachary Crane joins Twin Vee with over 13 years of experience in the marine industry. Most recently, Mr. Crane worked for Malibu Boats in Northeast Regional Sales, where he focused on dealer development and distribution for new and current dealer on behalf of Cobia, Maverick, Pathfinder, Hewes and Pursuit Boat brands. He also spent five years as an independent sales representative servicing over 40 dealers for Maverick Boat Group and Bentley Pontoon Boats as well as 38 dealers for Crownline Boats and Crest Pontoon Boats. From 2011 to 2016, Mr. Crane was a yacht consultant and received several elite and top sales awards at C-JAM Yacht Sales in Somers Point, New Jersey. Additionally, he worked in brokerage sales and boat sales at Jersey Marine in Somers Point, New Jersey from 2009 to 2011. Mr. Crane graduated with a Bachelor of Science from Jacksonville University in June 2010.
お知らせ • Sep 29Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $6.875 million.Twin Vee Powercats Co. has completed a Follow-on Equity Offering in the amount of $6.875 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,500,000 Price\Range: $2.75
Seeking Alpha • Sep 28Twin Vee PowerCats announces proposed stock offeringTwin Vee PowerCats (NASDAQ:VEEE) on Wednesday announced a proposed underwritten public stock offering. Shares of VEEE, which ended 8.2% higher on Wednesday, dropped 20% after the bell. Net proceeds will be used primarily for product development and general corporate purposes, which may include working capital, operational purposes and potential acquisitions. VEEE expects to grant the underwriter a 45-day option to buy up to an additional 15% of the number of shares sold in the offering to cover over-allotments, if any. There can be no assurance as to whether or when the offering may be completed, or the actual size or terms.
Reported Earnings • Aug 13Second quarter 2022 earnings released: US$0.077 loss per share (vs US$0.013 profit in 2Q 2021)Second quarter 2022 results: US$0.077 loss per share (down from US$0.013 profit in 2Q 2021). Revenue: US$8.52m (up 158% from 2Q 2021). Net loss: US$538.8k (down US$589.6k from profit in 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 5.3% growth forecast for the industry in the US.
Seeking Alpha • Aug 12Electric sports boat developer, Forza X1 prices $15M IPOForza X1 (NASDAQ:FRZA), a wholly owned subsidiary of Twin Vee Powercats (NASDAQ:VEEE) has priced its initial public offering of 3M shares of the company's common stock at $5.00 per share, for aggregate gross proceeds of $15M. Underwriters' over-allotment is an additional 450K shares of common stock. Trading kicks off on Nasdaq under the ticker symbol "FRZA" on August 12, 2022. The offering is expected to close on August 16, 2022. The net proceeds from the initial public offering will be used for the acquisition of property and the development of a manufacturing plant, infrastructure and equipment to build, design and manufacture Forza's new line of electric boats, ramp up of production and inventory and working capital.
お知らせ • Jul 07Twin Vee Powercats Co. Announces Board and Committee ChangesOn June 30, 2022, Steven A. Shallcross, a member of the Board of Directors of Twin Vee PowerCats Co. notified the Company of his decision to resign, effective immediately, from his position as a member of the Board and related Committees. Mr. Shallcross did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Shallcross was a Class III director of the Company and also served as the Chairman of the Audit Committee of the Board, the Chairman of the Compensation Committee of the Board and as a member of the Corporate Governance and Nominating Committee of the Board. On July 6, 2022, the Board appointed Kevin Schuyler to serve as a Class III director of the Company. Mr. Schuyler was also appointed to serve as the Chairman of the Audit Committee of the Board, the Chairman of the Compensation Committee of the Board and as a member of the Corporate Governance and Nominating Committee of the Board. Mr. Schuyler, age 53, currently serves as a senior managing director at CornerStone Partners, a full-service institutional CIO and investment office located in Charlottesville, VA, with approximately $10 billion under management. Prior to joining CornerStone Partners in 2006, he held various positions with McKinsey & Company, Louis Dreyfus Corporation and The Nature Conservancy. Mr. Schuyler is the Vice Chairman of the board of directors and Lead Independent Director of Adial Pharmaceuticals Inc., a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, where he has served as a director since April 2016. Mr. Schuyler also serves and committees of Sentara Martha Jefferson Hospital, the US Endowment for Forestry and Communities, and Stone Barns Center. He is a member of the investment committee of the Margaret A. Cargill Philanthropies. Mr. Schuyler graduated with honors from Harvard College and received his MBA from The Darden Graduate School of Business at the University of Virginia. He is a member of the Chartered Financial Analyst Society of Washington, DC. The Company selected Mr. Schuyler to serve on its board of directors because he brings extensive knowledge of the financial markets. Mr. Schuyler’s business background provides him with a broad understanding of the financial markets and the financing opportunities available to Company.
Reported Earnings • May 13First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.033 profit in 1Q 2021)First quarter 2022 results: US$0.17 loss per share (down from US$0.033 profit in 1Q 2021). Revenue: US$5.89m (up 84% from 1Q 2021). Net loss: US$1.19m (down US$1.32m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 48%, compared to a 8.5% growth forecast for the industry in the US.
Reported Earnings • Apr 02Full year 2021 earnings released: US$0.19 loss per share (vs US$0.29 profit in FY 2020)Full year 2021 results: US$0.19 loss per share (down from US$0.29 profit in FY 2020). Revenue: US$15.8m (up 43% from FY 2020). Net loss: US$1.01m (down 186% from profit in FY 2020).
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$3.90, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 13x in the Leisure industry in the US.
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$3.21, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 12x in the Leisure industry in the US.
Seeking Alpha • Jan 06Twin Vee Powercats: Sailing Away With The Electric RevolutionThe company's subsidiary is in process to IPO at a potential valuation that could dwarf existing market cap. This IPO is still under the radar as the company did not issue a press release yet - this could happen any day now. The company could be worth 10x based on recent private transaction of a comparable, and the subsidiary's IPO is a near-term catalyst to narrow this gap.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 29% share price gain to US$4.14, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 14x in the Leisure industry in the US.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$3.10, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 15x in the Leisure industry in the US.
分析記事 • Nov 22Why Twin Vee Powercats' (NASDAQ:VEEE) Earnings Are Weaker Than They SeemEven though Twin Vee Powercats Co. ( NASDAQ:VEEE ) posted strong earnings recently, the stock hasn't reacted in a large...
Reported Earnings • Nov 20Third quarter 2021 earnings released: US$0.061 loss per shareThe company reported a soft third quarter result with weaker control over costs, although losses were stable and revenues were flat. Third quarter 2021 results: Revenue: US$4.12m (flat on 3Q 2020). Net loss: US$383.3k (flat on 3Q 2020).
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$3.58, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 15x in the Leisure industry in the US.