MondayMay 11, 2026 12:00 pm

QualityStocksNewsBreaks – Twin Vee PowerCats Co. (NASDAQ: VEEE) Reports Revenue Growth in First Quarter 2026, Advances Bahama Brand Expansion

Twin Vee PowerCats (NASDAQ: VEEE)reported first-quarter 2026 revenue growth of approximately 10% year over year and 31% sequentially, marking its fourth consecutive quarter of year-over-year revenue gains, as the company continued expanding its product lineup with the relaunch of Bahama Boat Works. Twin Vee posted a net loss of $2.09 million, compared with $1.6 million in the prior-year quarter, while adjusted EBITDA loss improved 11% to $776,000. The company said results included approximately $1.3 million in non-cash and one-time items tied to inventory adjustments, product development and field inventory management, while cash and equivalents increased by more than $4 million…

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FridayJul 23, 2021 10:37 am

QualityStocksNewsBreaks – Twin Vee PowerCats Co. (NASDAQ: VEEE) Announces $18M Initial Public Offering

Twin Vee (NASDAQ: VEEE), a designer, manufacturer and marketer of recreational and commercial power catamaran boats, has announced the pricing of its initial public offering of 3,000,000 shares of its common stock, each at a public offering price of $6.00, for gross proceeds of $18,000,000. In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 450,000 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount. All of the shares of common stock are being offered by the company. Twin Vee intends to use the proceeds…

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