Twin Vee Powercats Co. (VEEE)

Twin Vee Powercats Co. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.91	7.49	16.5	23.5	6.98	0.89
Short-Term Investments	-	-	4.46	1.48	3	-
Cash & Short-Term Investments	4.91	7.49	20.96	24.98	9.97	0.89
Cash Growth	-71.32%	-64.26%	-16.10%	150.52%	1018.20%	313.69%
Accounts Receivable	0.2	-	0.08	0.01	0.01	-
Other Receivables	-	-	-	-	0.29	0.01
Receivables	0.2	-	0.08	0.01	0.29	0.01
Inventory	2.38	2.52	4.88	4.01	1.8	0.94
Prepaid Expenses	0.19	0.2	0.46	0.88	0.9	0
Restricted Cash	0.22	0.22	0.26	-	-	-
Other Current Assets	4.31	-	-	-	0.11	-
Total Current Assets	12.2	10.42	26.65	29.89	13.07	1.83
Property, Plant & Equipment	11.32	15.43	13.15	6.87	4.43	2.64
Long-Term Investments	-	-	-	1.45	3.07	-
Other Long-Term Assets	0.03	0.04	0.05	0.03	0.03	0.03
Total Assets	23.55	25.89	39.85	38.23	20.6	4.5
Accounts Payable	1.51	2.22	2.4	2.07	1.2	0.8
Accrued Expenses	0.95	0.58	0.49	1.15	0.38	0.14
Current Portion of Long-Term Debt	-	-	-	-	-	0.03
Current Portion of Leases	0.55	0.66	0.7	0.48	0.37	0.3
Current Unearned Revenue	0.01	0.08	0.04	0.01	0.01	0.01
Other Current Liabilities	-	0.21	0.58	0.09	0.19	0.17
Total Current Liabilities	3.02	3.75	4.22	3.79	2.16	1.44
Long-Term Debt	0.5	0.5	0.5	0.5	0.5	0.5
Long-Term Leases	2.37	2.42	3.08	0.92	1.24	1.02
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	5.89	6.67	7.8	5.21	3.9	2.96
Common Stock	0	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	44.66	44.59	37.85	35.58	18.71	2.55
Retained Earnings	-27	-25.39	-14.35	-7.15	-2.02	-1.01
Total Common Equity	17.66	19.22	23.51	28.44	16.7	1.55
Minority Interest	-	-	8.54	4.59	-	-
Shareholders' Equity	17.66	19.22	32.05	33.02	16.7	1.55
Total Liabilities & Equity	23.55	25.89	39.85	38.23	20.6	4.5
Total Debt	3.42	3.58	4.28	1.9	2.11	1.84
Net Cash (Debt)	1.49	3.91	16.68	24.53	10.93	-0.95
Net Cash Growth	-88.54%	-76.57%	-31.99%	124.49%	-	-
Net Cash Per Share	1.31	3.90	17.52	32.17	20.50	-2.37
Filing Date Shares Outstanding	1.49	1.49	0.95	0.95	0.7	0.4
Total Common Shares Outstanding	1.49	1.49	0.95	0.95	0.7	0.4
Working Capital	9.18	6.67	22.43	26.1	10.92	0.39
Book Value Per Share	11.87	12.92	24.70	29.87	23.86	3.87
Tangible Book Value	17.66	19.22	23.51	28.44	16.7	1.55
Tangible Book Value Per Share	11.87	12.92	24.70	29.87	23.86	3.87
Land	-	1.12	1.12	-	-	-
Machinery	-	10.18	8.91	4.49	2.3	1.16
Construction In Progress	-	6.13	2.98	0.86	-	-
Leasehold Improvements	-	1.23	1.23	0.95	0.79	0.23

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q