Twin Vee PowerCatsVEEE
VEEE
About: Twin Vee PowerCats Co is a designer, manufacturer, and marketer of recreational and commercial power catamaran boats to use for fishing, diving and water skiing and commercial activities including transportation, eco-tours, fishing, and diving expeditions. Its revenue is derived from the sale of boats, motors, and trailers to its independent dealers. It has organized its business into three operating segments: The gas-powered boat segment, which manufactures and distributes gas-powered boats; The electric-powered boat segment, which is developing fully electric boats, through its controlling interest subsidiary, and its franchise segment, which is developing a standard product offering and will be selling franchises across the United States through its wholly-owned subsidiary.
Employees: 90
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
8.42% less ownership
Funds ownership: 12.28% [Q2] → 3.85% (-8.42%) [Q3]
27% less funds holding
Funds holding: 15 [Q2] → 11 (-4) [Q3]
65% less capital invested
Capital invested by funds: $637K [Q2] → $220K (-$417K) [Q3]
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Research analyst outlook
We haven’t received any recent analyst ratings for VEEE.
Financial journalist opinion
Neutral
Accesswire
1 day ago
Twin Vee PowerCats Co. New 5-Axis CNC Router to Harness Advanced Robotics in Production Process
FORT PIERCE, FL / ACCESS Newswire / January 21, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the imminent arrival of its new state-of-the-art 5-axis CNC router, a significant investment in the Company's manufacturing capabilities. The Multiax L Series 5-axis CNC router, scheduled for delivery in the coming weeks, will allow the Company to bring the tooling of high-quality plugs and molds necessary for its brand-new boat models in-house.
Neutral
Accesswire
2 weeks ago
Twin Vee PowerCats to Accept Bitcoin as Payment for Boat Sales
FORT PIERCE, FL / ACCESSWIRE / January 6, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, announced that it would soon start accepting Bitcoin ("BTC") for purchases of its Twin Vee and AquaSport power sport boats. "Twin Vee has always been about forward-thinking and being at the forefront of both our boat designs and the way we serve our customers," said Joseph Visconti, CEO of Twin Vee PowerCats Co. "We want to provide our customers with a seamless and modern purchasing experience by integrating Bitcoin into our payment options while also widening the appeal in our boats.
Neutral
Accesswire
1 month ago
Twin Vee PowerCats Attends Annual Dealer Week Conference in Orlando to Grow Dealer Network
FORT PIERCE, FL / ACCESSWIRE / December 10, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, is attending Dealer Week 2024 at the Orlando Convention Center from December 8th to 11th at Booth 325. At this year's Dealer Week, the annual conference of the Marine Retailers Association of the Americas, Twin Vee is focused on growing its dealer network, with expansion plans throughout the United States and abroad.
Neutral
Accesswire
1 month ago
Twin Vee PowerCats Co. Welcomes Shawn Erb as Director of Sales and Dealer Relations
FORT PIERCE, FL / ACCESSWIRE / December 9, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that Shawn Erb, a seasoned sales and business development professional in the marine and recreational vehicle industries, has joined Twin Vee as its Director of Sales and Dealer Relations. In this role, Mr.
Neutral
Seeking Alpha
2 months ago
Twin Vee Powercats Co. (VEEE) Q3 2024 Earnings Call Transcript
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.
Neutral
Accesswire
2 months ago
Twin Vee PowerCats Co. Reports Third Quarter 2024 Results of Operations
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.
Neutral
Accesswire
2 months ago
Twin Vee PowerCats Co. and Forza X1, Inc. Shareholders Vote to Approve Merger Between Companies
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.
Neutral
Accesswire
2 months ago
Twin Vee PowerCats Co. and Forza X1, Inc. Shareholders Vote to Approve Merger Between Companies
FORT PIERCE, FL / ACCESSWIRE / November 13, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), and Forza X1, Inc. (OTC: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.
Neutral
Accesswire
2 months ago
Twin Vee PowerCats Co. Announces Third Quarter 2024 Earnings Call on November 14
FORT PIERCE, FL / ACCESSWIRE / November 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 Thursday, November 14, 2024, at 12:00 p.m. (Eastern Time) to discuss and answer questions about the Company's operational and financial highlights for the third quarter of 2024.
Neutral
Accesswire
2 months ago
Twin Vee PowerCats Co. Launches "CEO Hustle" Webcast
FORT PIERCE, FL / ACCESSWIRE / October 30, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, launched its new webcast series, "CEO Hustle," with two videos hosted by CEO Joseph Visconti. CEO Hustle is posted regularly on Joseph's social media accounts and YouTube channel, ensuring convenient access for individuals who prefer to consume content on their platform of choice.
Charts implemented using Lightweight Charts™