Twin Vee Powercats Co Financials
Twin Vee Powercats Co (VEEE) reported $13.5M in revenue over the twelve months to Jun 30, 2026, up 3.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Persistent cash consumption, not debt, is the dominant mechanic as gross-margin recovery still leaves operations structurally unprofitable.
Gross margin fell from39.8% in FY2021 to8.5% in FY2025, revealing that the later improvement is only partial rather than a return to the earlier cost structure. Meanwhile, FY2025 operating cash flow of-$6.9M and free cash flow of-$9.0M show that accounting gross profit still does not fund operations and reinvestment.
Cash fell from
Capital intensity amplified the losses in FY2024, when capex reached
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Twin Vee Powercats Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Twin Vee Powercats Co, and counted as zero in the overall score.
Twin Vee Powercats Co scores -2.33, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($5.9M) relative to total liabilities ($2.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Twin Vee Powercats Co passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Twin Vee Powercats Co reported a net loss of $8.6M while operations used $6.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Twin Vee Powercats Co reported an operating loss of $8.8M against $81K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Twin Vee Powercats Co generated $14.8M in revenue in fiscal year 2025. This represents an increase of 3.0% from the prior year.
Twin Vee Powercats Co's EBITDA was -$7.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.0% from the prior year.
Twin Vee Powercats Co reported -$8.6M in net income in fiscal year 2025. This represents an increase of 22.1% from the prior year.
Twin Vee Powercats Co earned -$4.37 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Twin Vee Powercats Co recorded an outflow of $9.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 32.1% from the prior year.
Twin Vee Powercats Co held $1.4M in cash against $500K in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Twin Vee Powercats Co's gross margin was 8.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 13.7 percentage points from the prior year.
Twin Vee Powercats Co's operating margin was -59.3% in fiscal year 2025, reflecting core business profitability. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Twin Vee Powercats Co's net profit margin was -58.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 18.7 percentage points from the prior year.
Twin Vee Powercats Co's ROE was -63.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6.4 percentage points from the prior year.
Capital Allocation
Twin Vee Powercats Co invested $2.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 66.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
VEEE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1M-21.1% | $4.0M+31.2% | $3.0M-11.9% | $3.4M-27.9% | $4.8M+31.7% | $3.6M+91.7% | $1.9M-35.1% | $2.9M |
| Cost of Revenue | $3.3M-12.1% | $3.8M+29.4% | $2.9M-16.2% | $3.5M-15.3% | $4.1M+33.4% | $3.1M+3.6% | $3.0M-2.5% | $3.0M |
| Gross Profit | -$183K-193.0% | $196K+76.6% | $111K+345.8% | -$45K-106.9% | $654K+21.8% | $537K+149.5% | -$1.1M-645.2% | -$146K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | $3K-97.2% | $89K |
| SG&A Expenses | $600K-30.3% | $861K+32.8% | $648K-0.4% | $651K+7.5% | $605K+1.1% | $599K-32.1% | $881K+15.2% | $765K |
| Operating Income | -$3.0M-41.5% | -$2.1M+19.4% | -$2.6M+4.6% | -$2.8M-65.7% | -$1.7M+0.2% | -$1.7M+60.4% | -$4.2M-36.2% | -$3.1M |
| Interest Expense | $9K-18.3% | $11K+107.3% | -$150K-1288.8% | $13K-35.7% | $20K-46.0% | $36K+109.0% | -$402K-804.0% | $57K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Net Income | -$2.9M-38.4% | -$2.1M+19.1% | -$2.6M+6.1% | -$2.8M-66.6% | -$1.7M-2.7% | -$1.6M-36.3% | -$1.2M+60.7% | -$3.0M |
| EPS (Diluted) | -$5.07 | -$12.93 | -$1.16 | -$1.23 | -$32.22+19.6% | -$40.05 | -$3.51 | -$2.64 |
VEEE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $20.7M-11.0% | $23.2M+43.0% | $16.2M-14.1% | $18.9M-15.5% | $22.4M-5.1% | $23.6M-9.0% | $25.9M-14.1% | $30.1M |
| Current Assets | $8.6M-10.6% | $9.6M+96.0% | $4.9M-51.3% | $10.1M-24.9% | $13.4M+9.8% | $12.2M+17.1% | $10.4M-32.3% | $15.4M |
| Cash & Equivalents | $3.7M-31.8% | $5.5M+281.2% | $1.4M-47.1% | $2.7M-54.6% | $6.0M+21.4% | $4.9M-34.5% | $7.5M-32.8% | $11.1M |
| Inventory | $3.2M+24.0% | $2.6M+2.5% | $2.5M+1.2% | $2.5M-8.2% | $2.7M+12.9% | $2.4M-5.6% | $2.5M-24.7% | $3.3M |
| Accounts Receivable | $243K-58.3% | $583K | N/A | $313K | $0-100.0% | $199K | $0-100.0% | $130K |
| Total Liabilities | $6.2M+4.7% | $6.0M+115.7% | $2.8M-6.6% | $3.0M-20.7% | $3.7M-36.6% | $5.9M-11.7% | $6.7M-3.8% | $6.9M |
| Current Liabilities | $3.6M+12.4% | $3.2M+44.0% | $2.2M-7.9% | $2.4M-23.9% | $3.2M+6.0% | $3.0M-19.4% | $3.7M-2.5% | $3.8M |
| Long-Term Debt | $500K0.0% | $500K0.0% | $500K0.0% | $500K0.0% | $500K0.0% | $500K0.0% | $500K0.0% | $500K |
| Total Equity | $14.4M-16.5% | $17.2M+28.1% | $13.5M-15.5% | $15.9M-14.5% | $18.6M+5.4% | $17.7M-8.1% | $19.2M+10.5% | $17.4M |
| Retained Earnings | -$39.0M-8.0% | -$36.1M-6.2% | -$34.0M-8.2% | -$31.4M-9.6% | -$28.7M-6.1% | -$27.0M-6.3% | -$25.4M-18.2% | -$21.5M |
Not reported in any period shown, so not listed: Goodwill.
VEEE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.6M+3.1% | -$1.7M+5.0% | -$1.7M+34.0% | -$2.6M-255.2% | -$746K+57.1% | -$1.7M+25.6% | -$2.3M+3.0% | -$2.4M |
| Capital Expenditures | $127K+16.7% | $109K-22.5% | $140K-70.8% | $480K-32.1% | $708K-14.6% | $829K-36.1% | $1.3M-2.4% | $1.3M |
| Free Cash Flow | -$1.7M+1.8% | -$1.8M+6.3% | -$1.9M+39.6% | -$3.1M-115.3% | -$1.5M+43.3% | -$2.6M+29.4% | -$3.6M+2.8% | -$3.7M |
| Investing Cash Flow | -$127K-16.7% | -$109K-130.2% | $360K+179.4% | -$453K+36.0% | -$708K+10.4% | -$790K+39.0% | -$1.3M-304.3% | -$320K |
| Financing Cash Flow | -$5K-100.1% | $5.8M+4901.0% | $116K+174.2% | -$156K-106.2% | $2.5M+4670.3% | -$55K-136.4% | -$23K+56.7% | -$54K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
VEEE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -5.8%-10.8pp | 5.0%+1.3pp | 3.7%+5.0pp | -1.3%-15.1pp | 13.8%-1.1pp | 14.9%+72.5pp | -57.6%-52.6pp | -5.0% |
| Operating Margin | -96.6%-42.7pp | -53.9%+33.8pp | -87.7%-6.7pp | -81.0%-45.7pp | -35.2%+11.2pp | -46.5% | -224.9% | -107.3% |
| Net Margin | -92.6%-39.8pp | -52.8%+32.8pp | -85.6%-5.2pp | -80.4%-45.6pp | -34.8%+9.8pp | -44.6%+18.1pp | -62.7% | -103.7% |
| Return on Equity | -20.1%-8.0pp | -12.1%+7.1pp | -19.2%-1.9pp | -17.3%-8.4pp | -8.9%+0.2pp | -9.1%-3.0pp | -6.1%+11.2pp | -17.3% |
| Return on Assets | -14.0%-5.0pp | -9.0%+6.9pp | -15.9%-1.4pp | -14.6%-7.2pp | -7.4%-0.6pp | -6.8%-2.3pp | -4.6%+5.4pp | -10.0% |
| Current Ratio | 2.36-0.6x | 2.97+0.8x | 2.18-1.9x | 4.13-0.1x | 4.18+0.1x | 4.04+1.3x | 2.78-1.2x | 4.00 |
| Debt-to-Equity | 0.030.0x | 0.030.0x | 0.040.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.03 |
| FCF Margin | -55.5%-10.9pp | -44.6%+17.9pp | -62.5%+28.7pp | -91.2%-60.7pp | -30.6%+40.4pp | -71.0% | -192.8% | -128.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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Where Twin Vee Powercats Co Ranks
Frequently Asked Questions
What is Twin Vee Powercats Co's annual revenue?
Twin Vee Powercats Co (VEEE) reported $14.8M in total revenue for fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Twin Vee Powercats Co's revenue growing?
Twin Vee Powercats Co (VEEE) revenue grew by 3.0% year-over-year, from $14.4M to $14.8M in fiscal year 2025.
Is Twin Vee Powercats Co profitable?
No, Twin Vee Powercats Co (VEEE) reported a net income of -$8.6M in fiscal year 2025, with a net profit margin of -58.1%.
What is Twin Vee Powercats Co's EBITDA?
Twin Vee Powercats Co (VEEE) had EBITDA of -$7.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Twin Vee Powercats Co have?
As of fiscal year 2025, Twin Vee Powercats Co (VEEE) had $1.4M in cash and equivalents against $500K in long-term debt.
What is Twin Vee Powercats Co's gross margin?
Twin Vee Powercats Co (VEEE) had a gross margin of 8.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Twin Vee Powercats Co's operating margin?
Twin Vee Powercats Co (VEEE) had an operating margin of -59.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Twin Vee Powercats Co's net profit margin?
Twin Vee Powercats Co (VEEE) had a net profit margin of -58.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Twin Vee Powercats Co's return on equity (ROE)?
Twin Vee Powercats Co (VEEE) has a return on equity of -63.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Twin Vee Powercats Co's free cash flow?
Twin Vee Powercats Co (VEEE) recorded an outflow of $9.0M in free cash flow during fiscal year 2025. This represents a 32.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Twin Vee Powercats Co's operating cash flow?
Twin Vee Powercats Co (VEEE) recorded an outflow of $6.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Twin Vee Powercats Co's total assets?
Twin Vee Powercats Co (VEEE) had $16.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Twin Vee Powercats Co's capital expenditures?
Twin Vee Powercats Co (VEEE) invested $2.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Twin Vee Powercats Co's current ratio?
Twin Vee Powercats Co (VEEE) had a current ratio of 2.18 as of fiscal year 2025, which is generally considered healthy.
What is Twin Vee Powercats Co's debt-to-equity ratio?
Twin Vee Powercats Co (VEEE) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Twin Vee Powercats Co's return on assets (ROA)?
Twin Vee Powercats Co (VEEE) had a return on assets of -53.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Twin Vee Powercats Co's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Twin Vee Powercats Co (VEEE) held $1.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $6.9M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Twin Vee Powercats Co's Altman Z-Score?
Twin Vee Powercats Co (VEEE) has an Altman Z-Score of -2.33, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Twin Vee Powercats Co's Piotroski F-Score?
Twin Vee Powercats Co (VEEE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Twin Vee Powercats Co's earnings high quality?
Twin Vee Powercats Co (VEEE) reported a net loss of $8.6M while operations used $6.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Twin Vee Powercats Co cover its interest payments?
Twin Vee Powercats Co (VEEE) reported an operating loss of $8.8M against $81K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Twin Vee Powercats Co?
Twin Vee Powercats Co (VEEE) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.