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Twin Vee Powercats Co

2.20

-0.0400-1.79%

Volume:6.60K

Turnover:14.45K

Market Cap:4.92M

PE:-0.20

High:2.20

Open:2.20

Low:2.20

Close:2.24

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Overview Company News Filings

Twin Vee PowerCats Co - on June 17 Mike Dickerson Notified Co of His Decision to Resign as CFO - SEC Filing

THOMSON REUTERS

Twin Vee PowerCats Co. CFO Mike Dickerson Announces Resignation Effective September 2025

Twin Vee PowerCats Co. Unveils Wizz Banger 2025 Stock Incentive Plan, Offering Equity Awards to Key Personnel

Twin Vee PowerCats Co. Acquires Iconic Bahama Boat Works, Merging Renowned Marine Legacies

Twin Vee PowerCats Co. Acquires Iconic Bahama Boat Works to Enhance Marine Innovation and Craftsmanship

US Stocks Higher; Lyft Posts Upbeat Earnings

Twin Vee PowerCats Shares Fall in Premarket Trading After Pricing of $3 Million Public Offering

MT Newswires Live

Wall Street Set to Open Higher Friday as Investors Calmed by Trade Talks

MT Newswires Live

US Equity Futures Higher as Trump Considers 80% China Tariffs

MT Newswires Live

US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: 'Tariffs Are Steering The Boat Again,' Says Expert

Twin Vee Powercats Co. Earnings Call Highlights Growth

Top Midday Gainers

MT Newswires Live

Twin Vee PowerCats Q1 Adj. EPS $(0.67) , Sales $3.61M Down From $5.28M YoY

Twin Vee PowerCats Co. to Host Q1 2025 Financial Results Call on May 8 at 12:00 pm Eastern

ACCESS Newswire

Twin Vee PowerCats Co. Regains Compliance with Nasdaq Minimum Bid Price Requirement

ACCESS Newswire

Twin Vee PowerCats Co (VEEE) Q4 2024 Earnings Call Highlights: Navigating Challenges and ...

Twin Vee PowerCats provides update on BoatsForSale.com launch

Twin Vee PowerCats Issues Update on BoatsForSale.com Digital Strategy and Launch

ACCESS Newswire

Twin Vee Powercats Co trading halted, news pending

Twin Vee PowerCats announces 1-for-10 reverse stock split

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CFO Mike Dickerson Announces Resignation Effective September 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2545110882","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545110882?lang=en_us&edition=fundamental","pubTime":"2025-06-21 04:31","pubTimestamp":1750451510,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats Co. announced that their Chief Financial Officer, Mike Dickerson, has decided to resign from his position, effective September 14, 2025. Dickerson's departure was not due to any disagreements with the company's operations, policies, or practices.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Vee PowerCats Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on June 20, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLc75fCx:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VEEE","BK4190","BK4539"],"gpt_icon":0},{"id":"2544222988","title":"Twin Vee PowerCats Co. 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On the same day, Joseph Visconti and Thomas Huffman were each granted options to purchase up to 1,400,000 shares of Wizz Banger common stock, highlighting the company's commitment to aligning leadership incentives with corporate success.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL2Vgrd6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive,shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4539","BK4190","VEEE"],"gpt_icon":0},{"id":"2542317994","title":"Twin Vee PowerCats Co. Acquires Iconic Bahama Boat Works, Merging Renowned Marine Legacies","url":"https://stock-news.laohu8.com/highlight/detail?id=2542317994","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542317994?lang=en_us&edition=fundamental","pubTime":"2025-06-10 21:25","pubTimestamp":1749561925,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats Co., a leading manufacturer and distributor of power sport boats, has announced the acquisition of Bahama Boat Works, a move that brings together two storied names in the marine industry. The acquisition aims to blend Bahama Boat Works' renowned craftsmanship and design with Twin Vee's innovative engineering and advanced composite construction. Bahama Boat Works, celebrated for its high-quality offshore fishing vessels, will continue to produce premium boats under Twin Vee's ownership. Joseph Visconti, CEO and President of Twin Vee, emphasized that the collaboration will honor Bahama's legacy while introducing modern advancements. Master boat builder Scott Henley will remain involved to ensure the brand's continued excellence.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250610:nNDL6x2dm7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4539","VEEE","BK4190"],"gpt_icon":0},{"id":"2541852417","title":"Twin Vee PowerCats Co. Acquires Iconic Bahama Boat Works to Enhance Marine Innovation and Craftsmanship","url":"https://stock-news.laohu8.com/highlight/detail?id=2541852417","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541852417?lang=en_us&edition=fundamental","pubTime":"2025-06-06 20:01","pubTimestamp":1749211262,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats Co.  has announced the acquisition of Bahama Boat Works, a significant merger in the marine industry. This acquisition unites two respected brands, with Bahama Boat Works known for its craftsmanship and premium offshore fishing vessels. Under Twin Vee, Bahama will maintain its legacy of quality, continuing to produce boats with detailed attention and sea-proven reliability. Joseph Visconti, CEO and President of Twin Vee, stated that the new Bahama under their guidance will blend tradition with innovation, enhancing both form and function. The continued involvement of master boat builder Scott Henley ensures that the essence and quality of Bahama Boat Works will thrive, supported by Twin Vee's advanced engineering expertise.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL35b1GJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4539","BK4190","VEEE"],"gpt_icon":0},{"id":"2534710480","title":"US Stocks Higher; Lyft Posts Upbeat Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2534710480","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534710480?lang=en_us&edition=fundamental","pubTime":"2025-05-09 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21:19","pubTimestamp":1746796751,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats  shares were down 39% in premarket activity on Friday after it priced an underwritten public offering at $4 per share for expected gross proceeds of $3 million.The offering is expected to close on Monday, the company said in a Thursday statement.The company said it intends to use the net proceeds from the offering mainly for working capital and general corporate purposes.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4190","VEEE","BK4539"],"gpt_icon":0},{"id":"2534482172","title":"Wall Street Set to Open Higher Friday as Investors Calmed by Trade Talks","url":"https://stock-news.laohu8.com/highlight/detail?id=2534482172","media":"MT Newswires Live","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534482172?lang=en_us&edition=fundamental","pubTime":"2025-05-09 21:17","pubTimestamp":1746796639,"startTime":"0","endTime":"0","summary":"US stocks look set to open higher in Friday's trading session as investors were encouraged by remarks by US President Donald Trump indicating that several trade deals were in the making.The Dow Jones ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"70ec5e6122ded66168db27c813decdc1","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4551","IOVA","ZKIN","IE00B894F039.SGD","BK4200","LU1861220033.SGD","BBGI","BK4568","ISBC","FLWS","IE00BZ9MQY76.HKD","BK4077","BK4132","BK4006","BK4141","IE00B19Z9P08.USD","LU1861215975.USD","GOGO","LU0348723411.USD","BK4190","BK4125","LU2317271919.USD","BK4122","PINS","IE00BMPRXR70.SGD","BK4211","BK4548","CRVS","LU1852331112.SGD","BK4588","BK4534","VEEE","IE00BMPRXN33.USD","BK4585","BK4539","IE00B19Z9Z06.USD","LU0056508442.USD","WOLF","BK4508","BK4139"],"gpt_icon":1},{"id":"2534866054","title":"US Equity Futures Higher as Trump Considers 80% China Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2534866054","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534866054?lang=en_us&edition=fundamental","pubTime":"2025-05-09 20:14","pubTimestamp":1746792858,"startTime":"0","endTime":"0","summary":"US stock futures were higher in premarket activity Friday after US President Donald Trump posted on Truth Social that an \"80% tariff on China seems right!","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"96c6cdb6c2a806f901a7b6e5d83c6d19","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["MYMmain","BK4139","QID","UDOW","BK4588","BK4125","BK4190","DXD","BK4585","SDOW","EQR","DJX","JBIO","BK4215","QLD","TSYW.SI","BK4568","PSQ","TQQQ","NQmain","IOVA","DOG","VEEE","ZKIN",".DJI","DDM","BBGI",".IXIC","BK4539",".SPX","USJW.SI","USAW.SI","NVIW.SI","CRVS","SQQQ","MNQmain","BK4006"],"gpt_icon":1},{"id":"2534217400","title":"US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: 'Tariffs Are Steering The Boat Again,' Says Expert","url":"https://stock-news.laohu8.com/highlight/detail?id=2534217400","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534217400?lang=en_us&edition=fundamental","pubTime":"2025-05-09 17:42","pubTimestamp":1746783733,"startTime":"0","endTime":"0","summary":"U.S. stock futures swung between gains and losses on Friday after 3 days of advance on Thursday. Futures of indices were mixed in premarket.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/05/45312253/us-stocks-trade-mixed-after-three-day-gain-as-us-uk-strike-trade-deal-tariffs-are-steering-the-boat-again-says-expert","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVIW.SI","IE00B3S45H60.SGD","SSO","ST","IE00BHPRN162.USD","QLD","BK4612","LU1712237335.SGD","UPRO","USAW.SI","OEF","SG9999014005.SGD","SATS","TSYW.SI","GM","LU2491050071.SGD","IVV","LYFT","SPY","ESmain","LU2125154778.USD","PSQ","PAA","SDS","SQQQ","LU1868837565.USD","QID","USJW.SI","LU2211815571.USD","LU1974910355.USD","LU2506951792.HKD","F","SEZL",".IXIC","LU2054465674.USD","OEX","SH","USFD","LU2357125470.USD","TQQQ","MNQmain","VOO","NQmain","VEEE","SPXU",".SPX","03145"],"gpt_icon":1},{"id":"2534113133","title":"Twin Vee Powercats Co. Earnings Call Highlights Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2534113133","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534113133?lang=en_us&edition=fundamental","pubTime":"2025-05-09 09:28","pubTimestamp":1746754087,"startTime":"0","endTime":"0","summary":"Twin Vee Powercats Co. (($VEEE)) has held its Q1 earnings call. Read on for the main highlights of the call. Twin Vee Powercats Co. Reports Cautiou...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/twin-vee-powercats-co-earnings-call-highlights-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/twin-vee-powercats-co-earnings-call-highlights-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["VEEE"],"gpt_icon":0},{"id":"2534157631","title":"Top Midday Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2534157631","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534157631?lang=en_us&edition=fundamental","pubTime":"2025-05-09 02:01","pubTimestamp":1746727261,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats , a manufacturer and distributor of power sport boats, reported Thursday a 92% year-over-year surge in Q1 sales.Shares jumped 200% as intraday trading volume soared to over 69 million from a daily average of about 54,000.Sezzle  shares soared 52% after the company reported overnight an increase in Q1 earnings and revenue, and raised its full-year 2025 guidance.Intraday trading volume surged to more than 5 million shares from a daily average of about 971,000.Dave  reported Thursday Q1 revenue that beat the average analyst estimate compiled by FactSet.Shares jumped 39% as intraday trading volume rose to more than 2.1 million from a daily average of about 464,000.Price: 7.39, Change: +4.84, Percent Change: +189.80","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["DAVE","SEZL","BK4227","BK4023","VEEE","BK4539","BK4166","BK4190"],"gpt_icon":0},{"id":"2533184946","title":"Twin Vee PowerCats Q1 Adj. EPS $(0.67) , Sales $3.61M Down From $5.28M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2533184946","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533184946?lang=en_us&edition=fundamental","pubTime":"2025-05-08 20:11","pubTimestamp":1746706295,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats Q1 Adj. EPS $(0.67) , Sales $3.61M Down From $5.28M YoY","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45283329/twin-vee-powercats-q1-adj-eps-0-67-sales-3-61m-down-from-5-28m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VEEE"],"gpt_icon":0},{"id":"2532079796","title":"Twin Vee PowerCats Co. to Host Q1 2025 Financial Results Call on May 8 at 12:00 pm Eastern","url":"https://stock-news.laohu8.com/highlight/detail?id=2532079796","media":"ACCESS Newswire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532079796?lang=en_us&edition=fundamental","pubTime":"2025-05-01 20:00","pubTimestamp":1746100800,"startTime":"0","endTime":"0","summary":"FORT PIERCE, FL / ACCESS Newswire / May 1, 2025 / Twin Vee PowerCats Co. ,, a manufacturer, distributor, and marketer of power sport boats, will host a conference call and audio webcast on Thursday, May 8, 2025, at 12:00 p.m.  to discuss and answer questions about the Company's operational and financial highlights Q1 2025. Financial results will be issued in a press release before the call.Event: Twin Vee PowerCats Co. Q1 2025 Financial Results Conference Call. The link to the audio-only webcast of the call can also be accessed through the \"Investor Relations\" section of Twin Vee PowerCats Co.'s website, and a recording will be made available following the close of the call for at least 90 days. Visit Twin Vee PowerCats Co. on Facebook, Instagram, and YouTube.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/twin-vee-powercats-co-host-120000046.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4539","BK4190","BK4161","BK4181","HST","BK4218","EML","BK4588","VEEE","BK4585"],"gpt_icon":0},{"id":"2531303103","title":"Twin Vee PowerCats Co. Regains Compliance with Nasdaq Minimum Bid Price Requirement","url":"https://stock-news.laohu8.com/highlight/detail?id=2531303103","media":"ACCESS Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531303103?lang=en_us&edition=fundamental","pubTime":"2025-04-30 20:00","pubTimestamp":1746014400,"startTime":"0","endTime":"0","summary":"FORT PIERCE, FL / ACCESS Newswire / April 30, 2025 / Twin Vee PowerCats Co. ,, a manufacturer, distributor, and marketer of power sport boats, today announced that it received written notification on April 28, 2025 from the Listings Qualifications Department of the Nasdaq Stock Market LLC  that the Company has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.Twin Vee was informed that for 13 consecutive business days, from April 8, 2025 through April 25, 2025, the closing bid price of the Company's common stock has been $1.00 per share or greater. Accordingly, it was determined that Twin Vee regained compliance with Listing Rule 5550 and Nasdaq indicated that the matter is now closed.\"We are very pleased to have resolved this Nasdaq listing matter and regained compliance,\" stated Joseph Visconti, CEO and President of Twin Vee PowerCats Co. \"Maintaining our listing on Nasdaq was a priority for us. This confirmation allows us t","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/twin-vee-powercats-co-regains-120000675.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2210149790.SGD","QLD","NDAQ","LU2095319765.USD","NVIW.SI","IE00BKPKM429.USD","VEEE","IE00B64PRP62.GBP","QID","TSYW.SI","BK4585","BK4539","USAW.SI","USJW.SI","BK4190","IE00B3QW5Z07.USD","IE00BGHQF748.EUR","LU2210150020.SGD","TQQQ","PSQ","BK4112","SQQQ","MNQmain","NQmain","BK4588",".IXIC"],"gpt_icon":1},{"id":"2529435942","title":"Twin Vee PowerCats Co (VEEE) Q4 2024 Earnings Call Highlights: Navigating Challenges and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2529435942","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529435942?lang=en_us&edition=fundamental","pubTime":"2025-04-22 05:01","pubTimestamp":1745269317,"startTime":"0","endTime":"0","summary":"Revenue: Fourth quarter 2024 revenue at $1.9 million, a multiyear quarter low.Full Year Net Sales: $14.4 million, a 57% reduction from 2023.Average Sale Price: Increased 19% to approximately $167,000 in 2024 from $140,000 in 2023.Gross Margin: Negative for 2024, primarily in the fourth quarter.Operating Expenses: Down $1,454,000 or 10% compared to 2023.General and Administrative Expenses: Down $639,000 or 17%.Salaries and Wages: Reduced by $2,567,000 or 34% compared to 2023.Research and Development Expenses: Down $857,000 or 59% in 2024 compared to 2023.Cash and Cash Equivalents: Ended the year with $7.7 million, down from $11.4 million at the end of the third quarter.Capital Expenditures: Expected to be significantly lower in 2025 compared to 2024.GuruFocus has detected 4 Warning Signs with VEEE.Twin Vee PowerCats Co  is starting 2025 strong with a growing backlog and an expected 50% increase in first quarter sales compared to the fourth quarter of 2024.Q: How did the company manage c","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/twin-vee-powercats-co-veee-210157427.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["VEEE"],"gpt_icon":0},{"id":"2527415759","title":"Twin Vee PowerCats provides update on BoatsForSale.com launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2527415759","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527415759?lang=en_us&edition=fundamental","pubTime":"2025-04-15 20:35","pubTimestamp":1744720536,"startTime":"0","endTime":"0","summary":"Twin Vee PowerCats (VEEE) announced an update regarding the ongoing development and plans for the full-scale launch of BoatsForSale.com, the Compan...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/twin-vee-powercats-provides-update-on-boatsforsale-com-launch?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/twin-vee-powercats-provides-update-on-boatsforsale-com-launch?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4190","VEEE","BK4539"],"gpt_icon":0},{"id":"2527413743","title":"Twin Vee PowerCats Issues Update on BoatsForSale.com Digital Strategy and Launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2527413743","media":"ACCESS Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527413743?lang=en_us&edition=fundamental","pubTime":"2025-04-15 20:00","pubTimestamp":1744718400,"startTime":"0","endTime":"0","summary":"FORT PIERCE, FL / ACCESS Newswire / April 15, 2025 / Twin Vee PowerCats Co. , , a manufacturer, distributor, and marketer of power sport boats, today announced an update regarding the ongoing development and plans for the full-scale launch of BoatsForSale.com, the Company's strategic digital marketplace designed to transform how new and used boats are marketed and sold across the United States.BoatsForSale.com is currently undergoing its final migration to Twin Vee's robust, scalable architecture powered by Microsoft Azure and AI Foundry tools, with the full transition expected to be complete no later than May 1, 2025. Tom Huffman, the Company's Chief Information Officer and head of Twin Vee's Digital Division, is overseeing the site's migration and development. \"During this first phase, our focus is to connect buyers and sellers by improving listing and search processes, while maximizing SEO and marketing strategies to generate high-quality leads,\" explained Huffman.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/twin-vee-powercats-issues-boatsforsale-120000740.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4588","BK4516","BK4595","STRK","BK4539","BK4596","VEEE","BK4190","BK4600","BK4585","BK4023"],"gpt_icon":1},{"id":"2525005681","title":"Twin Vee Powercats Co trading halted, news pending","url":"https://stock-news.laohu8.com/highlight/detail?id=2525005681","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525005681?lang=en_us&edition=fundamental","pubTime":"2025-04-08 07:50","pubTimestamp":1744069808,"startTime":"0","endTime":"0","summary":"19:50 EDT Twin Vee Powercats (VEEE) Co trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving 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