/
Twin Vee PowerCats Co. ( Twin Vee we , us or the Company ) is a designer, manufacturer and marketer of recreational and commercial power boats. We believe our company, founded in 1996, has been an innovator in the recreational and commercial power catamaran industry.
The business is unprofitable at the operating level (-59.26% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue growth slowed to 3.0%, essentially flat. This is a business that needs a catalyst.
Negative free cash flow of -$9M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$15M
▲ +3.0% YoY
Net Income (TTM)
-$9M
▲ +22.1% YoY
Op. Margin
-60.89%
▲ +41.9pp YoY
ROIC
-41.45%
▲ +7.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$8M
▲ +32.1% YoY
Op. Cash Flow (TTM)
-$7M
▲ +1.4% YoY
Net Debt
-$2M
Net Cash Position
Cash & Equiv.
$6M
5Y CAGR: +6.0%
Continue Research