Twin Vee Powercats Co. (VEEE)

USD 0.33

(-9.06%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019
Revenue 33.42 Million 31.98 Million 15.77 Million 11.06 Million 10.43 Million
Cost of Revenue 23.7 Million 21.33 Million 9.49 Million 6.28 Million 6.35 Million
Gross Profit 9.72 Million 10.65 Million 6.27 Million 4.77 Million 4.07 Million
Operating Expenses 20.35 Million 16.32 Million 7.29 Million 4.05 Million 4.23 Million
Selling, General and Administrative Expenses 18.91 Million 15.18 Million 7.49 Million 3.89 Million 4.12 Million
Research and Development Expenses 1.44 Million 941.53 Thousand 211.11 Thousand - -
Other Expenses 1.35 Million 197.76 Thousand -409.7 Thousand 155.72 Thousand 115.05 Thousand
Cost and Expenses 45.41 Million 37.65 Million 16.79 Million 10.34 Million 10.59 Million
Operating Income -11.98 Million -5.66 Million -1.02 Million 720.83 Thousand -161.22 Thousand
Interest Expense 221.15 Thousand 164.15 Thousand 136.7 Thousand 178.58 Thousand 165.46 Thousand
Income Tax Expense - 127.69 Thousand 137.24 Thousand 178.58 Thousand 165.46 Thousand
Earnings before Tax -9.78 Million -5.79 Million -1.01 Million 1.17 Million -326.69 Thousand
Net Income -7.19 Million -5.92 Million -1.14 Million 1.17 Million -492.16 Thousand
Earnings Per Share Basic -0.76 -0.78 -0.16 0.16 -0.07
Earnings Per Share Diluted -0.76 -0.78 -0.16 0.16 -0.07
Weighted Average Shares Outstanding 9.52 Million 7.62 Million 7 Million 7.45 Million 7.45 Million
Weighted Average Shares Outstanding (Diluted) 9.52 Million 7.62 Million 7 Million 7.45 Million 7.45 Million
Gross Margin 0.29 0.33 0.40 0.43 0.39
EBIT Margin -0.25 -0.15 -0.05 0.11 -0.00
Profit Margin -0.22 -0.19 -0.07 0.11 -0.05
EBITDA -8.2 Million -5.07 Million -675.78 Thousand 1.18 Million -46.17 Thousand
Earnings Before Tax Margin -0.36 -0.18 -0.06 0.07 -0.02

Income Statement Charts