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 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
2.34% less ownership
Funds ownership: 4.56% [Q3] → 2.22% (-2.34%) [Q4]
8% less funds holding
Funds holding: 12 [Q3] → 11 (-1) [Q4]
30% less capital invested
Capital invested by funds: $260K [Q3] → $182K (-$78.6K) [Q4]
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for VEEE.
Financial journalist opinion
Based on 3 articles about VEEE published over the past 30 days
Neutral
Accesswire
5 days ago
Twin Vee PowerCats (NASDAQ: VEEE) Unveils Bold Digital Strategy to Revolutionize how Boats are Sold, Purchased, Traded and Valued
FORT PIERCE, FL / ACCESS Newswire / February 18, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that it is taking a bold leap forward with an aggressive digital transformation strategy designed to disrupt the status quo of boat sales for marine dealers, OEMs, and individual owners. This initiative underscores Twin Vee's commitment to innovation, efficiency, and dealer success as it seeks to position itself as one of the most forward-thinking brands in the marine industry.
Neutral
Accesswire
1 week ago
Twin Vee PowerCats Co. Appoints Tom Huffman to Lead Digital Strategy for BoatsforSale.com
FORT PIERCE, FL / ACCESS Newswire / February 12, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the appointment of Tom Huffman as its new Chief Information Officer (CIO), effective immediately. Mr. Huffman will lead Twin Vee's Digital Division, which includes the rights to two digital assets from OneWater Marine: BoatsForSale.com and YachtsForSale.com.
Neutral
Accesswire
1 week ago
Twin Vee PowerCats Acquires BoatsForSale.com and YachtsForSale.com: The Acquisition Accelerates Twin Vee's Evolution into a Diversified Recreational Company
FORT PIERCE, FL / ACCESS Newswire / February 10, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that it has entered into an agreement to acquire two significant digital assets from OneWater Marine - BoatsForSale.com and YachtsForSale.com. These platforms represent the third-largest online boat marketplace in the United States, with over 42,000 unique listings.
Neutral
Accesswire
1 month ago
Twin Vee PowerCats Co. Reports Strong Start to 2025 After Difficult Q4 2024
Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that early indicators from the first few weeks of the year suggest that the demand for Twin Vee's products is rebounding from 2024 levels. Specifically, the Company has seen a noticeable uptick in orders and market activity after a sluggish Q4 last year.
Neutral
Accesswire
1 month ago
Twin Vee PowerCats Co. Reports Strong Start to 2025 After Difficult Q4 2024
FORT PIERCE, FL / ACCESS Newswire / January 23, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that early indicators from the first few weeks of the year suggest that the demand for Twin Vee's products is rebounding from 2024 levels. Specifically, the Company has seen a noticeable uptick in orders and market activity after a sluggish Q4 last year.
Neutral
Accesswire
1 month 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
1 month 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
2 months 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
2 months 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
3 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.
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