Twin Vee Powercats Co logo

Twin Vee Powercats CoNASDAQ: VEEE

Profile

Country:

United States

IPO:

21 July 2021

Next earnings report:

N/A

Last dividends:

N/A

Next dividends:

N/A
$3.96 M
-93%vs. 3y high
5%vs. sector
-vs. 3y high
-vs. sector
-93%vs. 3y high
21%vs. sector
-92%vs. 3y high
15%vs. sector

Price

after hours | Wed, 20 Nov 2024 23:13:19 GMT
$0.42-$0.00(-0.93%)

Dividend

No data over the past 3 years
$2.90 M-$2.51 M

Analysts recommendations

Institutional Ownership

VEEE Latest News

Twin Vee Powercats Co. (VEEE) Q3 2024 Earnings Call Transcript
seekingalpha.com14 November 2024 Sentiment: NEUTRAL

Twin Vee Powercats Co. (NASDAQ:VEEE ) Q3 2024 Earnings Conference Call November 14, 2024 12:00 PM ET Company Participants Joseph Visconti - Chairman and CEO Michael Dickerson - Chief Financial and Administrative Officer Operator Welcome to the Twin Vee PowerCats Company Third Quarter 2024 Investor Call. As a reminder, this call is being recorded and all participants are in a listen only mode.

Twin Vee PowerCats Co. Reports Third Quarter 2024 Results of Operations
accesswire.com14 November 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / November 14, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a manufacturer of Twin Vee PowerCats and AquaSport boats known as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida, today reported operational highlights and financial results for the three months ended September 30, 2024. Highlights: (Unless otherwise noted, all comparisons are to the three months ended September 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Q3" refers to the three months ended September 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refers to the electric boat and development segment, and "consolidated" refers to the consolidated results of Twin Vee PowerCats Co.) Shareholders of both Twin Vee and Forza X1, Inc. (OTC: FRZA) voted in favor of the merger of these two entities.

Twin Vee PowerCats Co. and Forza X1, Inc. Shareholders Vote to Approve Merger Between Companies
accesswire.com13 November 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / November 13, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee"), and Forza X1, Inc. (OTC PINK:FRZA), ("Forza"), today announced that their respective shareholders have voted to approve the previously announced merger agreement at their respective annual shareholder meetings held on November 11, 2024. The merger's closing is subject to the satisfaction of the remaining customary closing conditions and both companies expect the merger to close in the near future.

Twin Vee's 28 Aquasport Reviewed in Latest Power & Motoryacht Article
accesswire.com16 October 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / October 16, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, announced that renowned marine publication Power & Motoryacht positively reviewed the newly launched 28AS center console from its wholly-owned subsidiary, Aquasport, last week. Aquasport's 28AS is an entirely new design, the first in three decades.

Twin Vee PowerCats Co. Hires Carol Hindsman as New CTO to Develop Pro-Direct Platform, the All-Digital, Customer-Centric, End-to-End Boat Marketplace
accesswire.com24 September 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / September 24, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today 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.

Twin Vee PowerCats Initiates Development on Automotive-Inspired Buy/Sell Marketplace & All Digital, Customer-Centric, End-to-End Boat Buying Platform
accesswire.com16 September 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / September 16, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, announced today that it has initiated a groundbreaking plan to transform the boat buying experience with the introduction of its automotive industry-inspired "Pro-Direct Platform." The Company anticipates its Pro-Direct Platform will revolutionize how its products are sold, improve customer satisfaction, and help expand its reach to more markets nationwide.

Twin Vee Powercats Co. (VEEE) Q2 2024 Earnings Call Transcript
seekingalpha.com14 August 2024 Sentiment: NEUTRAL

Twin Vee Powercats Co. (NASDAQ:VEEE ) Q2 2024 Results Conference Call August 14, 2024 4:00 PM ET Company Participants Joseph Visconti - President and CEO Michael Dickerson - CFO Operator Ladies and gentlemen, welcome to the Twin Vee PowerCats Company Second Quarter 2024 Investor Call. As a reminder, this call is being recorded.

Twin Vee PowerCats Co. Reports Second Quarter 2024 Results of Operations
accesswire.com14 August 2024 Sentiment: NEGATIVE

FORT PIERCE, FL / ACCESSWIRE / August 14, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), manufactures Twin Vee PowerCats and AquaSport boats knows as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida today reported operational highlights and financial results for three months ended June 30, 2024. Highlights for three months ended June 30, 2024: (Unless otherwise noted, all comparisons are to the three months ended June 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refers to the electric boat and development segment, and "consolidated" refers to the consolidated results of Twin Vee PowerCats Co.) Twin Vee experienced a decline in demand for its products due to higher interest rates and slowing economic demand for recreational vehicles Proactive measures were taken to mitigate slowing demand challenges, including lowering production numbers, tightened financial controls, and a reduction in workforce.

Twin Vee PowerCats Co. Announces Second Quarter 2024 Earnings Call on August 14
accesswire.com07 August 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / August 7, 2024 / Twin Vee PowerCats, Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, will host a conference call and audio webcast on Wednesday, August 14, 2024, at 4:00 p.m. (Eastern Time) to discuss and answer questions about the Company's operational and financial highlights for the second quarter of 2024.

Twin Vee PowerCats Co. Appoints Karl Zimmer as President to Drive Strategic Growth Initiatives
accesswire.com15 July 2024 Sentiment: POSITIVE

FORT PIERCE, FL / ACCESSWIRE / July 15, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE), ("Twin Vee" or the "Company"), a designer, manufacturer, and distributor of recreational and commercial power boats, is pleased to announce 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.

What type of business is Twin Vee Powercats Co?

Twin Vee PowerCats Co. engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in 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, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions. It is also designing and developing fully electric and gas-powered boats. The company sells its boats through a network of 20 independent boat dealers in North America, Central America, and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida.

What sector is Twin Vee Powercats Co in?

Twin Vee Powercats Co is in the Consumer Cyclical sector

What industry is Twin Vee Powercats Co in?

Twin Vee Powercats Co is in the Recreational Vehicles industry

What country is Twin Vee Powercats Co from?

Twin Vee Powercats Co is headquartered in United States

When did Twin Vee Powercats Co go public?

Twin Vee Powercats Co initial public offering (IPO) was on 21 July 2021

What is Twin Vee Powercats Co website?

https://twinvee.com

Is Twin Vee Powercats Co in the S&P 500?

No, Twin Vee Powercats Co is not included in the S&P 500 index

Is Twin Vee Powercats Co in the NASDAQ 100?

No, Twin Vee Powercats Co is not included in the NASDAQ 100 index

Is Twin Vee Powercats Co in the Dow Jones?

No, Twin Vee Powercats Co is not included in the Dow Jones index

When was Twin Vee Powercats Co the previous earnings report?

No data

When does Twin Vee Powercats Co earnings report?

Next earnings report date is not announced yet