Stock VEEE TWIN VEE POWERCATS CO.
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Company Twin Vee Powercats Co.

Equities

VEEE

US90177C1018

Recreational Products

Market Closed - Nasdaq
Other stock markets
 04:30:00 2024-05-20 pm EDT 		5-day change 1st Jan Change
0.6706 USD +4.62% Intraday chart for Twin Vee Powercats Co. -5.79% -52.77%
May. 15 Transcript : Twin Vee Powercats Co., Q1 2024 Earnings Call, May 15, 2024
May. 15 Earnings Flash (VEEE) TWIN VEE POWERCATS CO. Reports Q1 Revenue $5.3M MT

Business Summary

Twin Vee PowerCats Co. is a designer, manufacturer, and marketer of recreational and commercial power catamaran boats. The Company operates through three segments: Gas-powered Boats, Electric-Powered Boats, and Franchise. The Gas-powered Boat segment manufactures and distributes gas-powered boats. The Electric-Powered Boats segment is developing fully electric boats, through its subsidiary, Forza X1, Inc. The Franchise segment is developing a standard product offering and is selling franchises across the United States through its wholly owned subsidiary, Fix My Boat, Inc. Its gas-powered boats allow consumers to use them for a range of recreational activities, including fishing, diving and water skiing and commercial activities, including transportation, eco-tours, fishing, and diving expeditions. The Company primarily sells its boats through a network of 20 independent dealers in 34 locations across North America and the Caribbean.

Number of employees: 90

Sales per Business

USD in Million2022Weight2023Weight Delta
Gas-powered Boats
99.9 %
32 99.3 % 33 99.9 % +4.38%
Electric Boat and Development
0.1 %
0 0.7 % 0 0.1 % -84.05%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
32 100.0 % 33 100.0 % +4.50%

Managers

Managers TitleAgeSince
Joseph Visconti CEO
 Chief Executive Officer 59 15-06-30
Preston Yarborough BRD
 Director/Board Member 45 -
Glenn Sonoda IRC
 Investor Relations Contact - -
Ryan Chicos PRN
 Corporate Officer/Principal - -
Jean Marc Zanni PRN
 Corporate Officer/Principal - -
Timothy Whybrew PRN
 Corporate Officer/Principal - -
Daniel Norton PRN
 Corporate Officer/Principal 48 21-01-31

Members of the board

Members of the board TitleAgeSince
Joseph Visconti CEO
 Chief Executive Officer 59 15-06-30
Preston Yarborough BRD
 Director/Board Member 45 -
Kevin Schuyler BRD
 Director/Board Member 55 22-07-05
James Melvin BRD
 Director/Board Member 62 21-04-07
Neil Ross BRD
 Director/Board Member 62 21-04-07
Bard Rockenbach BRD
 Director/Board Member 62 21-11-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,520,000 7,159,128 ( 75.20 %) 0 75.20 %

Shareholders

NameEquities%Valuation
Joseph Visconti
24.38 %
2,321,152 24.38 % 2 M $
Marathon Micro Fund LP
9.979 %
950,000 9.979 % 711 550 $
AWM Investment Co., Inc.
9.865 %
939,176 9.865 % 703 443 $
Vanguard Group, Inc. (Subfiler)
2.603 %
247,836 2.603 % 185 629 $
Bard Associates, Inc.
0.8323 %
79,238 0.8323 % 59 349 $
Preston Yarborough
0.4029 %
38,357 0.4029 % 28 729 $
Geode Capital Management LLC
0.3903 %
37,160 0.3903 % 27 833 $
Two Sigma Investments LP
0.3316 %
31,566 0.3316 % 23 643 $
Mariner LLC (13F Subfiler)
0.3059 %
29,118 0.3059 % 21 809 $
FAS Wealth Partners, Inc.
0.2525 %
24,035 0.2525 % 18 002 $

Holdings

NameEquities%Valuation
FORZA X1, INC.
44.43%
 7,000,000 44.43% 2,898,000 $

Company contact information

Twin Vee PowerCats Co.

3101 South US Highway 1

34982, Fort Pierce

+

http://www.twinvee.com
address Twin Vee Powercats Co.(VEEE)

Sector

Consumer Cyclicals
Cyclical Consumer Products
Leisure Products
Recreational Products
Sailing Yachts & Motorboats

Sales per Business

Annual profits - Rate of surprise

Company calendar

Sector Sailing Yachts & Motorboats

1st Jan change Capi.
TWIN VEE POWERCATS CO. Stock Twin Vee Powercats Co.
-52.77% 6.1M
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MASTERCRAFT BOAT HOLDINGS, INC. Stock MasterCraft Boat Holdings, Inc.
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FOUNTAINE PAJOT Stock Fountaine Pajot
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CATANA GROUP Stock Catana Group
-6.12% 173M
Sailing Yachts & Motorboats
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