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Annual · values202520242023202220212020
Gross Margin8.48%-5.22%29.09%33.32%39.79%43.15%
Operating Margin-59.26%-101.13%-35.86%-18.83%-10.34%6.52%
EBITDA Margin-47.55%-89.01%-31.81%-17.09%-9.08%7.92%
Net Margin-58.08%-76.77%-21.52%-18.11%-6.41%10.58%
Current Ratio2.182.786.327.886.071.27
Quick Ratio1.072.115.166.835.230.62
Debt / Equity0.040.030.020.020.03
ROE-63.91%-57.48%-22.44%-17.54%-6.05%75.61%
ROA-53.02%-42.67%-18.05%-15.15%-4.91%26.00%
Asset Turnover0.910.560.840.840.772.46
Book Value / Share253.19708.751245.631602.341158.96143.27

Twin Vee Powercats Co. designs, manufactures, distributes, and markets recreational and commercial power catamaran boats. The company produces catamaran boats and dual hull vessels under the Twin Vee brand, recognized for their symmetrical hull design that provides stability, fuel efficiency, and a smooth ride in various conditions, ideal for fishing, diving, cruising, and water sports. It also offers V-hull boats under the AquaSport brand and premium center console models under the Bahama Boats brand, catering to offshore fishing and high-performance boating needs. These boats support both recreational pursuits like water skiing and eco tours, as well as commercial applications such as transportation and diving expeditions. Twin Vee Powercats Co. sells its products through a network of independent dealers across North America, the Caribbean, and Central America, emphasizing American-made craftsmanship from its operations in Fort Pierce, Florida, where it was founded in 1996. As a key player in the power catamaran segment, the company focuses on center console power catamarans suited for diverse marine activities.