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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:

  • Director Larry Swets Jr. Buys $47K in Twin Vee PowerCats Shares at Offering Price, Signaling Strong Confidence
  • Twin Vee PowerCats Closes Highly Dilutive $3M Public Offering at Market Price
  • Twin Vee PowerCats Finalizes Highly Dilutive $3M Public Offering at Deep Discount Amidst Going Concern Doubts
  • Twin Vee PowerCats Presents Growth Strategy and Strong Fundamentals for Public Offering
  • Twin Vee PowerCats Finalizes Terms for Highly Dilutive $15.8M Public Offering Amid Going Concern Doubts

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
$5.22
52-week range · as of 2026-05-07 $5 – $344.1
Market cap
$2.76M
Volume
25.8K (0.5× avg)
3-mo avg 48.2K
Live data · 2026-07-04 10:52 UTC · Market closed

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feed VEEE - Filings & News (Page 2)

VEEE
Feb 25, 2026, 5:02 PM EST
Filing Type: 4
Importance Score:
8
Price at Filing: $0.4489
Real-time Price: $5.22 info
Change: +$4.77 (+1,063%) info
Market Cap: $2.763M info
VEEE
Feb 23, 2026, 4:57 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.4695
Real-time Price: $5.22 info
Change: +$4.75 (+1,012%) info
Market Cap: $2.763M info
VEEE
Feb 23, 2026, 6:04 AM EST
Filing Type: 424B4
Importance Score:
9
Price at Filing: $0.435
Real-time Price: $5.22 info
Change: +$4.79 (+1,100%) info
Market Cap: $2.763M info
VEEE
Jan 26, 2026, 5:07 PM EST
Filing Type: FWP
Importance Score:
7
Price at Filing: $1.66
Real-time Price: $5.22 info
Change: +$3.56 (+214%) info
Market Cap: $2.763M info
VEEE
Jan 26, 2026, 5:03 PM EST
Filing Type: S-1/A
Importance Score:
9
Price at Filing: $1.66
Real-time Price: $5.22 info
Change: +$3.56 (+214%) info
Market Cap: $2.763M info
VEEE
Jan 21, 2026, 9:59 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.52
Real-time Price: $5.22 info
Change: +$3.70 (+243%) info
Market Cap: $2.763M info
VEEE
Jan 09, 2026, 5:46 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.71
Real-time Price: $5.22 info
Change: +$3.51 (+205%) info
Market Cap: $2.763M info
VEEE
Jan 09, 2026, 5:24 PM EST
Filing Type: S-1
Importance Score:
9
Price at Filing: $1.96
Real-time Price: $5.22 info
Change: +$3.26 (+166%) info
Market Cap: $2.763M info