Skip to main content

Twin Vee PowerCats, Co.

corporate_fare Company Profile

Twin Vee PowerCats, Co.

VEEE·NASDAQ·Manufacturing·CIK 0001855509

Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power boats. Founded in 1996, the company specializes in twin-hull catamaran designs, known as symmetrical catamaran hulls, which aim to improve ride quality by reducing drag, increasing fuel efficiency, and providing stability. Twin Vee operates from a 7.5-acre facility in Fort Pierce, Florida, comprising approximately 100,000 square feet across several buildings, including a 30,000 square foot expansion that began in mid-2024. The company employs approximately 70 people. Twin Vee markets its products under two brands: Twin Vee for its catamarans (dual hull vessels) and Bahama Boat Works for its "V"-hull boats. These boats are used for recreational activities such as fishing, diving, and water skiing, as well as commercial purposes including transportation, eco tours, and fishing and diving expeditions. The boats are currently equipped with gas-powered outboard combustion engines. The company primarily sells its boats through a network of 17 independent boat dealers located across North America, Hawaii, and Australia, who then resell them to end-users. Twin Vee is actively recruiting new dealers and distributors both domestically and internationally to support its production growth and new model introductions. During 2024, Forza X1, Inc., a minority-owned electric boat subsidiary, ceased production of electric boats. On November 26, 2024, Forza X1, Inc. merged into Twin Vee Merger Sub, Inc., becoming a wholly-owned subsidiary of Twin Vee. Revenue from boat sales accounted for nearly 100% of Twin Vee's net revenue in 2025 and 2024.

Twin Vee PowerCats, Co. (NASDAQ:VEEE) is a publicly traded company in the Manufacturing sector. Wiseek monitors VEEE SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Twin Vee Sets Sept 8 Vote to Ratify Defective Reverse Split, Avoid Bankruptcy
  • USFM Investor Presentation Lifts the Curtain on the $30M Greenland Nickel Project Driving the Twin Vee Merger
  • Revenue Plunges 34% as Merger Probe Adds Legal Risk
  • Twin Vee PowerCats Q2 2026: Going Concern, $5M Loss, Defective Reverse Split, and Pending Merger
  • Twin Vee PowerCats Flags Invalid Reincorporation and Reverse Split, Seeks Stockholder Ratification

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$14.82M
Net Income
-$8.61M
Diluted EPS
-$4.37
Op. Cash Flow
-$6.88M
Free Cash Flow
-$9.04M
Gross Profit
$1.26M
Operating Income
-$8.78M
Cash & Equivalents
$1.43M
Debt / Equity
0.00×
Net Margin
-58.1%
Shares Outstanding
2.24M sh
Source: 10-K · filed 2026-02-27 · accession 0001731122-26-000317

Dilution Risk

Low risk

Filing-implied dilution signals for VEEE, detected from its recent SEC filings · based on capital-structure filings through 2026-03-24.

1 recent capital raise1 shelf registration

Public Offering Finalized · Significant Capital Raise

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Browse all tickers starting with V →
$10.5
52-week range · as of 2026-08-17 $4.16 – $128.02
Market cap
$6.03M
Volume
19.2K (0.0× avg)
3-mo avg 4.6M
Live data · 2026-08-18 16:01 UTC · Market open

show_chartPrice Chart

Loading chart...

feed VEEE - Latest Insights

VEEE
Aug 17, 2026, 4:11 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $10.96
Real-time Price: $10.50 info
Change: -$0.460 (-4%) info
Market Cap: $6.032M info
VEEE
Aug 10, 2026, 9:51 AM EDT
Filing Type: 425
Importance Score:
7
Price at Filing: $9.12
Real-time Price: $10.50 info
Change: +$1.38 (+15%) info
Market Cap: $6.032M info
VEEE
Aug 10, 2026, 7:37 AM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $8.45
Real-time Price: $10.50 info
Change: +$2.05 (+24%) info
Market Cap: $6.032M info
VEEE
Aug 06, 2026, 8:02 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $9.40
Real-time Price: $10.50 info
Change: +$1.10 (+12%) info
Market Cap: $6.032M info
VEEE
Aug 04, 2026, 8:01 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $10.19
Real-time Price: $10.50 info
Change: +$0.3067 (+3%) info
Market Cap: $6.032M info
VEEE
Aug 04, 2026, 7:53 PM EDT
Filing Type: PRE 14A
Importance Score:
9
Price at Filing: $10.19
Real-time Price: $10.50 info
Change: +$0.3067 (+3%) info
Market Cap: $6.032M info
VEEE
Jul 13, 2026, 9:26 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $11.90
Real-time Price: $10.50 info
Change: -$1.40 (-12%) info
Market Cap: $6.032M info
VEEE
May 07, 2026, 4:32 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $6.32
Real-time Price: $10.50 info
Change: +$4.18 (+66%) info
Market Cap: $6.032M info
VEEE
May 07, 2026, 4:15 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $6.32
Real-time Price: $10.50 info
Change: +$4.18 (+66%) info
Market Cap: $6.032M info
VEEE
May 07, 2026, 8:00 AM EDT
Source: Access Newswire
Importance Score:
8
Price at Filing: $6.20
Real-time Price: $10.50 info
Change: +$4.30 (+69%) info
Market Cap: $6.032M info
VEEE
Apr 30, 2026, 8:16 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.145
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Apr 30, 2026, 8:00 AM EDT
Source: Access Newswire
Importance Score:
8
Price at Filing: $0.1592
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Apr 23, 2026, 4:29 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.1964
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Apr 13, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.2276
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Apr 03, 2026, 4:12 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.2235
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Mar 25, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.347
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Mar 24, 2026, 10:01 AM EDT
Filing Type: 424B5
Importance Score:
9
Price at Filing: $0.3201
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Mar 23, 2026, 10:35 AM EDT
Source: Access Newswire
Importance Score:
9
Price at Filing: $0.4633
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Mar 19, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.3994
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info
VEEE
Mar 18, 2026, 5:01 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $0.425
Real-time Price: $10.50 info
Change: Reverse Stock Split info
Market Cap: $6.032M info