twin vee powercats, inc. manufactures and sells recreational boats. the company was formerly known as valuerich, inc. and changed its name to twin vee powercats, inc. in april 2016. twin vee powercats, inc. was founded in 1994 and is based in fort pierce, florida.
![Twin Vee PowerCats logo](/files/LOGO/1855509-VEEE.png)
Company profile
Ticker
VEEE
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Aquasport Co. • Forza X1, Inc. • Fix My Boat, Inc. ...
IRS number
412103985
VEEE stock data
Latest filings (excl ownership)
8-K
Twin Vee PowerCats Co. Appoints Karl Zimmer as President to Drive Strategic Growth Initiatives
15 Jul 24
8-K
Other Events
12 Jul 24
8-K
Departure of Directors or Certain Officers
2 Jul 24
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
Twin Vee PowerCats Co. Reports Results for First Quarter 2024 Operations
15 May 24
S-8
Registration of securities for employees
10 Apr 24
8-K
Twin Vee PowerCats Co. Appoints Michael P. Dickerson as New Chief Financial & Administrative Officer
5 Apr 24
8-K
Results of Operations and Financial Condition
27 Mar 24
10-K
2023 FY
Annual report
27 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
Transcripts
VEEE
Earnings call transcript
2024 Q1
15 May 24
VEEE
Earnings call transcript
2023 Q3
13 Nov 23
VEEE
Earnings call transcript
2023 Q2
14 Aug 23
VEEE
Earnings call transcript
2023 Q2
14 Aug 23
VEEE
Earnings call transcript
2023 Q1
15 May 23
VEEE
Earnings call transcript
2022 Q4
29 Mar 23
VEEE
Earnings call transcript
2022 Q3
8 Nov 22
VEEE
Earnings call transcript
2022 Q2
13 Aug 22
VEEE
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
4
Karl J Zimmer
15 Jul 24
3
Karl J Zimmer
15 Jul 24
4
Michael Patrick Dickerson
28 Jun 24
4
JOSEPH C VISCONTI
28 Jun 24
4
Preston Yarborough
28 Jun 24
4
Michael Patrick Dickerson
5 Apr 24
3
Michael Patrick Dickerson
5 Apr 24
SC 13G/A
AWM Investment Company, Inc.
14 Feb 24
4
Carrie L. Gunnerson
6 Oct 23
4
Preston Yarborough
6 Oct 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm |
Cash burn (monthly) | 119.07 k | 385.37 k | 847.74 k | 1.01 mm | 583.31 k | 537.67 k |
Cash used (since last report) | 460.39 k | 1.49 mm | 3.28 mm | 3.92 mm | 2.26 mm | 2.08 mm |
Cash remaining | 15.94 mm | 14.91 mm | 13.12 mm | 12.48 mm | 14.14 mm | 14.32 mm |
Runway (months of cash) | 133.9 | 38.7 | 15.5 | 12.3 | 24.2 | 26.6 |
Institutional ownership, Q1 2024
52.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 2 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 18.22 mm |
Total shares | 4.95 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Valuerich | 4.00 mm | $16.04 mm |
Marathon Micro Fund | 950.00 k | $2.18 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Jul 24 | Karl J Zimmer | Stock Option Common Stock | Grant | Acquire A | No | No | 0.5811 | 500,000 | 290.55 k | 500,000 |
27 Jun 24 | Michael Patrick Dickerson | Stock Option Common Stock | Grant | Acquire A | No | No | 0.53 | 50,000 | 26.50 k | 50,000 |
26 Jun 24 | Preston Yarborough | Stock Option Common Stock | Grant | Acquire A | No | No | 0.57 | 200,000 | 114.00 k | 200,000 |
26 Jun 24 | Michael Patrick Dickerson | Stock Option Common Stock | Grant | Acquire A | No | No | 0.57 | 100,000 | 57.00 k | 100,000 |
26 Jun 24 | Joseph C Visconti | Stock Options Common Stock | Grant | Acquire A | No | No | 0.57 | 300,000 | 171.00 k | 300,000 |
News
Why Tellurian Shares Are Trading Higher By Around 65%; Here Are 20 Stocks Moving Premarket
22 Jul 24
12 Consumer Discretionary Stocks Moving In Friday's Intraday Session
31 May 24
12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session
30 May 24
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
27 May 24
Twin Vee PowerCats Q1 EPS $(0.18) Up From $(0.19) YoY, Sales $5.28M Down From $8.88M YoY
15 May 24
Press releases
Twin Vee PowerCats Co. Appoints Karl Zimmer as President to Drive Strategic Growth Initiatives
15 Jul 24
Twin Vee & AquaSport Dealer Meeting Debuted New Models, New Technology, and AquaSport's New Autonomous SuperBoat
23 May 24
Twin Vee PowerCats Co. Goes All-Digital, Tech-Forward with New GFX2 Models
22 May 24
Twin Vee PowerCats Co. Reports Results for First Quarter 2024 Operations
15 May 24
Twin Vee PowerCats Co. Announces Q1 2024 Earnings Call on May 15
8 May 24