Business Description
Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. The company operated through three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, including fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing and diving expeditions. Further, it is developing fully electric and gas-powered boats. The company sells its boats through a network of 19 independent boat dealers in North America and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida. Twin Vee Powercats Co. operates as a subsidiary of Twin Vee PowerCats, Inc.
Business History
Price Overview
Last updated: May 11, 2026 1:56pm (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -161.69
Total Equity: $13.47M
Shares: 53,192
Total Debt: $519,398
Cash: $1.43M
EBITDA: -$6.79M
Total Debt: $519,398
Cash: $1.43M
Revenue: $14.82M
Revenue: $14.82M
Revenue: $14.82M
Total Equity: $13.47M
Tax Rate: 0.0%
Equity: $13.47M
Total Debt: $519,398
Cash: $1.43M
Current Liabilities: $2.24M
Long-Term Debt: $499,900
Total Debt: $519,398
Total Equity: $13.47M
Shares: 53,192
Shares: 53,192
CapEx: -$2.16M
Shares: 53,192
Stock Price: $7.93
Net Income: -$8.61M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $15.8M | $32.0M | $33.4M | $14.4M | $14.8M |
| Cost of Revenue | $9.5M | $21.3M | $30.2M | $15.1M | $13.6M |
| Gross Profit | $6.3M | $10.7M | $3.3M | $-751,425 | $1.3M |
| Operating Expenses | $7.9M | $16.7M | $15.3M | $13.8M | $9.4M |
| Operating Income | -$1.6M | -$6.0M | -$12.0M | -$14.6M | -$8.2M |
| Net Income | -$1.0M | -$5.1M | -$7.2M | -$11.0M | -$8.6M |
| EBITDA | $-675,777 | -$5.1M | -$8.2M | -$12.0M | -$6.8M |
| EPS | $-5.92 | $-28.86 | $-28.12 | $-407.37 | $-161.69 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $7.0M | $23.5M | $16.5M | $7.5M | $1.4M |
| Total Current Assets | $13.1M | $29.9M | $26.6M | $10.4M | $4.9M |
| Total Assets | $20.6M | $38.2M | $39.8M | $25.9M | $16.2M |
| Current Liabilities | $2.2M | $3.8M | $4.2M | $3.7M | $2.2M |
| Long-Term Debt | $499,900 | $499,900 | $499,900 | $499,900 | $499,900 |
| Total Liabilities | $3.9M | $5.2M | $7.8M | $6.7M | $2.8M |
| Total Equity | $16.7M | $28.4M | $23.5M | $19.2M | $13.5M |
| Retained Earnings | -$2.0M | -$7.2M | -$14.3M | -$25.4M | -$34.0M |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$1.9M | -$4.1M | -$6.9M | -$7.0M | -$6.9M |
| Capital Expenditure | -$1.9M | -$3.4M | -$5.2M | -$6.3M | -$2.2M |
| Free Cash Flow | -$3.9M | -$7.5M | -$12.1M | -$13.3M | -$9.0M |
| Acquisitions (net) | $0 | $175,000 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $-21,379 | $0 | $0 |
| Net Change in Cash | $6.1M | $16.5M | -$6.7M | -$9.0M | -$6.1M |
Analyst Estimates (Annual)
| Metric | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|
| Revenue |
$25.0M $25.0M – $25.0M
|
$40.0M $40.0M – $40.0M
|
$58.0M $58.0M – $58.0M
|
$15.0M $15.0M – $15.0M
|
| EBITDA |
-$8.7M -$8.7M – -$8.7M
|
-$13.9M -$13.9M – -$13.9M
|
-$20.2M -$20.2M – -$20.2M
|
-$5.2M -$5.2M – -$5.2M
|
| Net Income |
$58,512 $58,512 – $58,512
|
$-159,579 $-159,579 – $-159,579
|
$7.1M $7.1M – $7.1M
|
$-826,619 $-826,619 – $-826,619
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +102.8% | +4.5% | -57.0% | +3.0% |
| Gross Profit Growth | +69.8% | -69.3% | -123.0% | +267.3% |
| Operating Income Growth | -269.3% | -99.1% | -21.4% | +43.8% |
| Net Income Growth | -408.1% | -40.0% | -53.6% | +22.1% |
| EBITDA Growth | -651.1% | -61.7% | -46.7% | +43.6% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-19 | Schuyler Kevin | P-Purchase | 25,000.00 | $0.41 | $10,165 |
| 2026-03-18 | SWETS LARRY G JR | P-Purchase | 50,000.00 | $0.36 | $18,000 |
| 2026-03-16 | SWETS LARRY G JR | P-Purchase | 50,000.00 | $0.38 | $19,000 |
| 2026-03-13 | SWETS LARRY G JR | P-Purchase | 50,000.00 | $0.42 | $21,000 |
| 2026-02-23 | SWETS LARRY G JR | P-Purchase | 100,000.00 | $0.47 | $47,000 |
| 2025-12-04 | SWETS LARRY G JR | 0.00 | $0.00 | $0 | |
| 2026-02-23 | VISCONTI JOSEPH C | P-Purchase | 20,000.00 | $0.47 | $9,400 |
| 2025-05-19 | Schuyler Kevin | A-Award | 3,000.00 | $2.71 | $8,130 |
| 2025-05-19 | Dickerson Michael Patrick | A-Award | 8,000.00 | $2.71 | $21,680 |
| 2025-05-19 | Yarborough Preston | A-Award | 8,000.00 | $2.71 | $21,680 |
| 2025-05-19 | VISCONTI JOSEPH C | A-Award | 44,000.00 | $2.71 | $119,240 |
| 2025-05-19 | Kull Marcia | A-Award | 1,000.00 | $2.71 | $2,710 |
| 2025-05-19 | Ross Neil | A-Award | 1,000.00 | $2.71 | $2,710 |
| 2024-11-26 | Ross Neil | A-Award | 19,033.00 | $0.00 | $0 |
| 2024-11-26 | Ross Neil | A-Award | 3,364.00 | $8.17 | $27,484 |
| 2024-11-26 | Dickerson Michael Patrick | A-Award | 30,583.00 | $0.00 | $0 |
| 2024-11-26 | Schuyler Kevin | A-Award | 61,166.00 | $0.00 | $0 |
| 2024-11-26 | Schuyler Kevin | A-Award | 3,364.00 | $8.17 | $27,484 |
| 2024-11-26 | Kull Marcia | A-Award | 3,364.00 | $8.17 | $27,484 |
| 2024-11-26 | Kull Marcia | A-Award | 2,816.00 | $0.00 | $0 |