Twin Vee PowerCats, Co. Income Statement
VEEE|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Twin Vee PowerCats, Co. reported $14M in revenue and $11M in net loss for FY2025. Revenue has grown at a 6.8% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -4.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $14.4M | $33.4M | $32.0M | $15.8M | $11.1M |
| Cost of Revenue | $15.1M | $30.2M | $21.3M | $9.5M | $6.3M |
| Gross Profit | -$751.4K | $3.3M | $10.7M | $6.3M | $4.8M |
| SG&A Expense | $3.1M | $3.7M | $2.8M | $1.7M | $872.7K |
| R&D Expense | $586.4K | $1.4M | $941.5K | $211.1K | $0 |
| Operating Income | -$14.6M | -$12.0M | -$6.0M | -$1.6M | $720.8K |
| Interest Expense | -$222.6K | -$221.2K | -$164.2K | -$136.7K | -$178.6K |
| Income Tax | - | - | - | - | $0 |
| Net Income | -$11.0M | -$7.2M | -$5.1M | -$1.0M | $1.2M |
| EPS (Basic) | -$11.01 | -$0.76 | -$0.67 | -$0.19 | $0.29 |
| EPS (Diluted) | -$11.01 | -$0.76 | -$0.67 | -$0.19 | $0.29 |
| Shares Outstanding | 1.5M | 9.5M | 9.5M | 7.0M | 4.0M |
| Gross Margin | -5.2% | 9.8% | 33.3% | 39.8% | 43.1% |
| Operating Margin | -101.1% | -35.9% | -18.8% | -10.3% | 6.5% |
| Profit Margin | -76.8% | -21.5% | -16.1% | -6.4% | 10.6% |