TWIN VEE POWERCATS CO.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $14.8M | $14.4M | $33.4M | $32.0M | $15.8M | $11.1M |
| Cost of Revenue | $13.6M | $15.1M | $30.2M | $21.3M | $9.5M | $6.3M |
| Gross Profit | $1.3M | $-751.4K | $3.3M | $10.7M | $6.3M | $4.8M |
| Gross Margin | 8.5% | -5.2% | 9.8% | 33.3% | 39.8% | 43.2% |
| Operating Expenses | ||||||
| Research & Development | — | $586.4K | $1.4M | $941.5K | $211.1K | $0 |
| SG&A Expense | $2.5M | $3.1M | $3.7M | $2.8M | $1.7M | $872.7K |
| Operating Income | $-8.8M | $-14.6M | $-12.0M | $-6.0M | $-1.6M | $720.8K |
| Operating Margin | -59.3% | -101.1% | -35.9% | -18.8% | -10.3% | 6.5% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | $0 | $0 |
| Net Income | $-8.6M | $-11.0M | $-7.2M | $-5.1M | $-1.0M | $1.2M |
| Net Margin | -58.1% | -76.8% | -21.5% | -16.1% | -6.4% | 10.6% |
| EPS (Basic) | $-4.37 | $-11.01 | $-0.76 | $-0.67 | $-0.19 | $0.29 |
| EPS (Diluted) | $-4.37 | $-11.01 | $-0.76 | $-0.67 | $-0.19 | $0.29 |
| Shares Outstanding (Basic) | 2.0M | 1.0M | 9.5M | 7.6M | 5.3M | 4.0M |
| Shares Outstanding (Diluted) | 2.0M | 1.0M | 9.5M | 7.6M | 5.3M | 4.0M |
| Dividends Per Share | — | — | — | — | — | — |