Last quarter (Q3 2024), Twin Vee PowerCats's total revenue was $2.90M, a decrease of -64.29% from the same quarter last year. In Q3, Twin Vee PowerCats's net income was $-2.51M. See Twin Vee PowerCats’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 20.58M	$ 33.43M	$ 31.99M	$ 15.77M	$ 11.06M	$ 10.43M
Cost of Revenue	$ 5.54M	$ ―	$ ―	$ 9.50M	$ 6.29M	$ 6.35M
Gross Profit	$ 7.87M	$ 9.72M	$ 10.66M	$ 6.28M	$ 4.77M	$ 4.08M
Operating Expense	$ 15.84M	$ 21.71M	$ 16.32M	$ 7.91M	$ 4.05M	$ 4.24M
Operating Income	$ -12.97M	$ -11.99M	$ -6.02M	$ -1.63M	$ 720.83K	$ -161.23K
Net Non Operating Interest Income Expense	$ 73.00K	$ -172.79K	$ 88.75K	$ -136.71K	$ -178.58K	$ -165.47K
Other Income Expense	$ 69.91K	$ 13.83M	$ -38.94K	$ -321.70K	$ 628.83K	$ ―
Pretax Income	$ 9.09M	$ 12.55M	$ -5.79M	$ 7.48M	$ 1.17M	$ -326.69K
Tax Provision	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ -9.01M	$ -7.19M	$ 15.84M	$ -1.01M	$ 1.17M	$ -326.69K
Basic EPS	$ -0.95	$ -0.76	$ -0.76	$ -0.19	$ 0.17	$ -0.05
Diluted EPS	$ -0.95	$ -0.76	$ -0.76	$ -0.19	$ 0.17	$ -0.05
Basic Average Shares	$ 38.08M	$ 9.52M	$ 7.62M	$ 5.33M	$ 7.00M	$ 7.00M
Diluted Average Shares	$ 38.08M	$ 9.52M	$ 7.62M	$ 5.33M	$ 7.00M	$ 7.00M
Dividend Per Share	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ 21.38M	$ 21.71M	$ 16.32M	$ 17.40M	$ 10.34M	$ 10.59M
Net Income From Continuing And Discontinued Operation	$ -9.01M	$ -7.19M	$ -5.14M	$ -1.01M	$ 1.17M	$ -326.69K
Normalized Income	$ 10.35M	$ ―	$ ―	$ 6.52M	$ 542.25K	$ -326.69K
Interest Expense	$ ―	$ ―	$ ―	$ ―	$ 178.58K	$ 165.47K
EBIT	$ -7.28M	$ -9.56M	$ -5.63M	$ 7.61M	$ 1.35M	$ -161.23K
EBITDA	$ -5.64M	$ -8.21M	$ -5.08M	$ 7.81M	$ 1.51M	$ -46.17K

Currency in USD

Twin Vee PowerCats Earnings and Revenue History

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