Twin Vee Powercats Past Earnings Performance
Past criteria checks 0/6
Twin Vee Powercats's earnings have been declining at an average annual rate of -68.3%, while the Leisure industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 25.1% per year.
Key information
-68.3%
Earnings growth rate
-62.3%
EPS growth rate
| Leisure Industry Growth | 16.9% |
| Revenue growth rate | 25.1% |
| Return on equity | -42.8% |
| Net Margin | -39.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 29%
Jul 16
Twin Vee Powercats Co. (NASDAQ:VEEE) Might Not Be As Mispriced As It Looks After Plunging 27%
Jun 01Not Many Are Piling Into Twin Vee Powercats Co. (NASDAQ:VEEE) Stock Yet As It Plummets 30%
Apr 04Twin Vee Powercats Co. (NASDAQ:VEEE) Screens Well But There Might Be A Catch
Feb 16Twin Vee PowerCats announces proposed stock offering
Sep 28Electric sports boat developer, Forza X1 prices $15M IPO
Aug 12Twin Vee Powercats: Sailing Away With The Electric Revolution
Jan 06Why Twin Vee Powercats' (NASDAQ:VEEE) Earnings Are Weaker Than They Seem
Nov 22Revenue & Expenses Breakdown
How Twin Vee Powercats makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 26 | -10 | 19 | 1 |
| 31 Mar 24 | 30 | -8 | 18 | 1 |
| 31 Dec 23 | 33 | -7 | 19 | 1 |
| 30 Sep 23 | 34 | -7 | 17 | 1 |
| 30 Jun 23 | 35 | -6 | 16 | 2 |
| 31 Mar 23 | 35 | -5 | 15 | 1 |
| 31 Dec 22 | 32 | -5 | 15 | 1 |
| 30 Sep 22 | 28 | -3 | 14 | 1 |
| 30 Jun 22 | 24 | -3 | 12 | 1 |
| 31 Mar 22 | 18 | -2 | 9 | 0 |
| 31 Dec 21 | 16 | -1 | 7 | 0 |
| 30 Sep 21 | 15 | 1 | 6 | 0 |
| 30 Jun 21 | 13 | 1 | 5 | 0 |
| 31 Mar 21 | 12 | 1 | 4 | 0 |
| 31 Dec 20 | 11 | 1 | 4 | 0 |
| 31 Dec 19 | 10 | 0 | 4 | 0 |
Quality Earnings: VEEE is currently unprofitable.
Growing Profit Margin: VEEE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VEEE is unprofitable, and losses have increased over the past 5 years at a rate of 68.3% per year.
Accelerating Growth: Unable to compare VEEE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VEEE is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-41.5%).
Return on Equity
High ROE: VEEE has a negative Return on Equity (-42.81%), as it is currently unprofitable.