Company Analysis

Twin Vee PowerCats Co. (VEEE)

Nasdaq: VEEE · Ship & Boat Building & Repairing · Ft. Pierce, FL · filing with the SEC since 2021
Grade2.9
◀ Past 2.6● Present 2.2▶ Future 4.2
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedFeb 27, 2026Mar 20, 2025Mar 27, 2024Mar 30, 2023Mar 31, 2022·
Revenue14,819,13014,388,51733,425,91231,987,72415,774,17011,063,619
For lenders
Net interest income-81,229-222,594-221,157-164,155-136,709-178,584
Cost of revenue13,562,02515,139,94230,159,024r21,330,9189,498,3846,289,316
Gross profit1,257,105-751,4253,266,888r10,656,8066,275,7864,774,303
Research and development·586,3791,443,569941,533211,1110
Selling, general and administrative2,502,4023,095,8683,734,4062,759,6251,726,345872,669
Total operating expenses10,038,40413,800,34415,254,187r16,678,5147,906,5074,053,469
Operating income-8,781,299-14,551,769-11,987,299-6,021,708-1,630,721720,834
Other income (expense), net··2,205,103228,294619,712·
Total non-operating income (expense)174,026541,8632,205,103228,294619,712450,243
Income tax expense····00
Net income including non-controlling interests-8,607,273-14,009,906-9,782,196-5,793,414-1,011,0091,171,077
Net income to non-controlling interests·-2,963,935-2,590,020-656,162r··
Net income-8,607,273-11,045,971-7,192,176-5,137,252r-1,011,0091,171,077
Net income to common shareholders···-5,137,252-1,011,009·
Earnings per share, basic-4.37-11.01r-7.60b-6.70rb-1.90b2.90b
Earnings per share, diluted-4.37-11.01r-7.60b-6.70rb-1.90b2.90b
Weighted average shares, basic1,968,1211,003,204r952,000b762,494b533,140b400,000b
Weighted average shares, diluted1,968,1211,003,204r952,000b762,494b533,140b400,000b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-10 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton VEEE · research, not advice