- United States
- /
- Leisure
- /
- NasdaqCM:VEEE
Twin Vee Powercats Second Quarter 2024 Earnings: US$0.47 loss per share (vs US$0.14 loss in 2Q 2023)
Twin Vee Powercats (NASDAQ:VEEE) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$4.33m (down 47% from 2Q 2023).
- Net loss: US$4.52m (loss widened by 239% from 2Q 2023).
- US$0.47 loss per share (further deteriorated from US$0.14 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Twin Vee Powercats shares are down 16% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Twin Vee Powercats that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Twin Vee Powercats might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:VEEE
Twin Vee Powercats
Twin Vee PowerCats Co. engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats.
Excellent balance sheet low.