Company Twin Vee Powercats Co.

Equities

VEEE

US90177C1018

Recreational Products

Market Closed - Nasdaq 04:30:00 2024-04-26 pm EDT 5-day change 1st Jan Change
0.753 USD +0.52% Intraday chart for Twin Vee Powercats Co. -10.14% -46.97%

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
Chief Executive Officer 59 15-06-30
Director/Board Member 45 -
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal 48 21-01-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 59 15-06-30
Director/Board Member 45 -
Director/Board Member 55 22-07-05
Director/Board Member 62 21-04-07
Director/Board Member 62 21-04-07
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
2,321,152 24.38 % 2 M $
Marathon Micro Fund LP
9.979 %
950,000 9.979 % 817 000 $
AWM Investment Co., Inc.
9.865 %
939,176 9.865 % 807 691 $
Walleye Capital LLC
1.709 %
162,670 1.709 % 139 896 $
Bard Associates, Inc.
1.001 %
95,338 1.001 % 81 991 $
Vanguard Group, Inc. (Subfiler)
0.9991 %
95,115 0.9991 % 81 799 $
38,357 0.4029 % 32 987 $
G1 Execution Services LLC
0.3906 %
37,183 0.3906 % 31 977 $
Geode Capital Management LLC
0.3903 %
37,160 0.3903 % 31 958 $
Two Sigma Investments LP
0.3460 %
32,941 0.3460 % 28 329 $

Holdings

NameEquities%Valuation
7,000,000 44.35% 3,339,000 $

Company contact information

Twin Vee PowerCats Co.

3101 South US Highway 1

34982, Fort Pierce

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