Twin Financial Statements From 2010 to 2024

VEEE Stock  USD 0.42  0.02  4.55%   
Twin Vee financial statements provide useful quarterly and yearly information to potential Twin Vee Powercats investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Twin Vee financial statements helps investors assess Twin Vee's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Twin Vee's valuation are summarized below:
Gross Profit
10.7 M
Profit Margin
(0.36)
Market Capitalization
M
Enterprise Value Revenue
0.0318
Revenue
26 M
There are over one hundred nineteen available fundamental trend indicators for Twin Vee Powercats, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Twin Vee's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.

Twin Vee Total Revenue

22.59 Million

Check Twin Vee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Twin Vee's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 190.5 K or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0 or PTB Ratio of 0.55. Twin financial statements analysis is a perfect complement when working with Twin Vee Valuation or Volatility modules.
  
Check out the analysis of Twin Vee Correlation against competitors.

Twin Vee Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets23.2 M39.8 M9.9 M
Slightly volatile
Short and Long Term Debt Total2.4 M4.3 M1.5 M
Slightly volatile
Other Current Liabilities415.6 K377.9 K295.2 K
Slightly volatile
Total Current Liabilities2.9 M4.2 MM
Slightly volatile
Total Stockholder Equity15.5 M23.5 M5.8 M
Slightly volatile
Net Tangible Assets29.9 M28.4 M6.8 M
Slightly volatile
Property Plant And Equipment Net13.8 M13.1 M3.6 M
Slightly volatile
Current Deferred Revenue22.7 K44.2 K53.9 K
Slightly volatile
Accounts Payable1.6 M2.4 M1.1 M
Slightly volatile
Cash10.6 M16.5 MM
Slightly volatile
Non Current Assets Total7.3 M13.2 M3.5 M
Slightly volatile
Long Term Debt404 K449.9 K507.2 K
Slightly volatile
Cash And Short Term Investments12.5 M21 M4.8 M
Slightly volatile
Common Stock Total Equity3.2 K3.6 K3.9 K
Slightly volatile
Common Stock Shares Outstanding8.6 M9.5 M7.6 M
Slightly volatile
Liabilities And Stockholders Equity23.2 M39.8 M9.9 M
Slightly volatile
Non Current Liabilities Total1.9 M3.6 MM
Slightly volatile
Capital Lease ObligationsM3.8 M1.1 M
Slightly volatile
Inventory2.7 M4.9 M1.4 M
Slightly volatile
Other Current Assets577.5 K720.8 K220.8 K
Slightly volatile
Other Stockholder Equity21.3 M37.8 M9.3 M
Slightly volatile
Total Liabilities4.8 M7.8 M3.1 M
Slightly volatile
Net Invested Capital16 M24 M6.3 M
Slightly volatile
Property Plant And Equipment Gross16.3 M15.5 MM
Slightly volatile
Total Current Assets15.9 M26.6 M6.4 M
Slightly volatile
Capital Stock7.5 K10.9 K5.3 K
Slightly volatile
Short Term Debt849.2 K1.4 M581.4 K
Slightly volatile
Common Stock7.5 K10.9 K5.3 K
Slightly volatile
Property Plant Equipment3.1 M5.1 M2.2 M
Slightly volatile
Other Assets20 K22.5 K24.5 K
Slightly volatile
Short and Long Term Debt22.3 K25.1 K27.3 K
Slightly volatile

Twin Vee Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 M1.4 M342.7 K
Slightly volatile
Interest Expense190.5 K221.2 K169.7 K
Slightly volatile
Selling General Administrative10.9 M18.9 M6.5 M
Slightly volatile
Selling And Marketing Expenses2.6 M2.5 M477.1 K
Slightly volatile
Total Revenue22.6 M33.4 M14.6 M
Slightly volatile
Gross Profit7.8 M9.7 M5.3 M
Slightly volatile
Other Operating Expenses26.6 M45.4 M16.2 M
Slightly volatile
Cost Of Revenue14.8 M23.7 M9.3 M
Slightly volatile
Total Operating Expenses11.5 M20.4 M6.8 M
Slightly volatile
Reconciled Depreciation518.3 KM260.7 K
Slightly volatile

Twin Vee Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow24.7 M23.5 M3.8 M
Slightly volatile
Depreciation1.4 M1.4 M342.7 K
Slightly volatile
Capital Expenditures5.4 M5.2 M1.5 M
Slightly volatile
Total Cash From Financing Activities9.9 M6.8 M4.3 M
Slightly volatile
End Period Cash Flow10.6 M16.8 M4.1 M
Slightly volatile
Dividends Paid70.3 K79.1 K86.1 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.380.40444.1021
Slightly volatile
PTB Ratio0.550.575324
Slightly volatile
Days Sales Outstanding0.830.87530.7226
Slightly volatile
Book Value Per Share3.533.36660.9317
Slightly volatile
Average Payables1.1 M1.5 M1.1 M
Slightly volatile
Stock Based Compensation To Revenue0.03250.05690.0247
Slightly volatile
Capex To Depreciation4.273.81455.5869
Pretty Stable
PB Ratio0.550.575324
Slightly volatile
Inventory Turnover6.864.85247.9517
Slightly volatile
Days Of Inventory On Hand49.2475.220348.0669
Slightly volatile
Payables Turnover6.949.88027.7672
Slightly volatile
Sales General And Administrative To Revenue0.360.56580.4121
Slightly volatile
Average Inventory2.3 M4.4 M1.7 M
Slightly volatile
Research And Ddevelopement To Revenue0.0230.04320.0171
Slightly volatile
Capex To Revenue0.07920.15440.0771
Slightly volatile
Cash Per Share1.132.20170.5628
Slightly volatile
Days Payables Outstanding47.1736.942547.2018
Slightly volatile
Income Quality0.740.96420.6369
Slightly volatile
Current Ratio3.546.31982.0565
Slightly volatile
Tangible Book Value Per Share3.533.36660.9317
Slightly volatile
Receivables Turnover3964171.5 K
Slightly volatile
Graham Number6.86.47921.7797
Slightly volatile
Shareholders Equity Per Share1.412.46970.6905
Slightly volatile
Debt To Equity0.04840.05093.0655
Slightly volatile
Capex Per Share0.570.54230.1872
Slightly volatile
Average Receivables107.9 K54.2 K133.2 K
Slightly volatile
Revenue Per Share2.063.51111.8339
Slightly volatile
Interest Debt Per Share0.10.1490.1043
Slightly volatile
Debt To Assets0.02860.03010.1714
Slightly volatile
Operating Cycle50.5276.095648.6853
Slightly volatile
Price Book Value Ratio0.550.575324
Slightly volatile
Days Of Payables Outstanding47.1736.942547.2018
Slightly volatile
Ebt Per Ebit1.430.8161.743
Slightly volatile
Company Equity Multiplier1.611.694813.6066
Slightly volatile
Long Term Debt To Capitalization0.01980.02080.5685
Slightly volatile
Total Debt To Capitalization0.0460.04850.5752
Slightly volatile
Debt Equity Ratio0.04840.05093.0655
Slightly volatile
Quick Ratio2.885.16121.4754
Slightly volatile
Net Income Per E B T1.210.73521.3536
Slightly volatile
Cash Ratio2.263.91281.1707
Slightly volatile
Days Of Inventory Outstanding49.2475.220348.0669
Slightly volatile
Days Of Sales Outstanding0.830.87530.7226
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio2.451.74444.1709
Slightly volatile
Price To Book Ratio0.550.575324
Slightly volatile
Fixed Asset Turnover5.022.54216.576
Slightly volatile
Debt Ratio0.02860.03010.1714
Slightly volatile
Price Sales Ratio0.380.40444.1021
Slightly volatile
Asset Turnover0.80.83893.4601
Slightly volatile
Gross Profit Margin0.410.29090.3848
Slightly volatile
Price Fair Value0.550.575324
Slightly volatile

Twin Vee Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap11.2 M12.6 M13.7 M
Slightly volatile

Twin Fundamental Market Drivers

Cash And Short Term Investments21 M

Twin Upcoming Events

3rd of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Twin Vee Financial Statements

Twin Vee stakeholders use historical fundamental indicators, such as Twin Vee's revenue or net income, to determine how well the company is positioned to perform in the future. Although Twin Vee investors may analyze each financial statement separately, they are all interrelated. For example, changes in Twin Vee's assets and liabilities are reflected in the revenues and expenses on Twin Vee's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Twin Vee Powercats. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue44.2 K22.7 K
Total Revenue33.4 M22.6 M
Cost Of Revenue23.7 M14.8 M
Stock Based Compensation To Revenue 0.06  0.03 
Sales General And Administrative To Revenue 0.57  0.36 
Research And Ddevelopement To Revenue 0.04  0.02 
Capex To Revenue 0.15  0.08 
Revenue Per Share 3.51  2.06 
Ebit Per Revenue(0.36)(0.34)

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When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:
Check out the analysis of Twin Vee Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Vee. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Vee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.678
Earnings Share
(1.05)
Revenue Per Share
2.734
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.19)
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.