Twin Vee PowerCats (VEEE) Research & Development (2021 - 2024)
Twin Vee PowerCats (VEEE) posted Research & Development of $2501.0 for Q4 2024, down 97.2% on a QoQ basis from $89403.0 in Q3 2024, and down 99.51% year-over-year from $513072.0 in Q1 2024.
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Analysis
Twin Vee PowerCats (VEEE) Research & Development (2021 - 2024) Analysis & Trends
Twin Vee PowerCats has reported Research & Development for 4 years, with the latest figure at $2501.0 in Q4 2024.
- On a quarterly basis, Research & Development fell 99.51% year-over-year to $2501.0 in Q4 2024; TTM through Sep 2025 was $2501.0, a 99.77% decrease from a year earlier, with the FY2024 full-year figure at $586379.0, down 59.38% from the prior year.
- Research & Development was $2501.0 for Q4 2024 at Twin Vee PowerCats, down from $89403.0 in the prior quarter.
- The five-year high for Research & Development was $702648.0 in Q1 2023, with the low at $2501.0 in Q4 2024.
- Average Research & Development over 4 years is $234291.6, with a median of $198176.0 recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Research & Development soared 364.78% in 2022, then plunged 99.51% in 2024.
- Over 4 years, Research & Development stood at $150020.0 in 2021, then jumped by 74.14% to $261245.0 in 2022, then jumped by 96.39% to $513072.0 in 2023, then slumped by 99.51% to $2501.0 in 2024.
- The last three Research & Development figures came in at $2501.0 (Q4 2024), $89403.0 (Q3 2024), and $344784.0 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | - |
| 2 | Polaris | 3.44 Bn | 3.13 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 918.76 Mn | 421.12 Mn | - |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 50.40 Mn |
| 5 | Winnebago Industries | 820.42 Mn | 763.32 Mn | 94.90 Mn | - |
| 6 | Malibu Boats | 502.31 Mn | 427.89 Mn | 52.19 Mn | 6.77 Mn |
| 7 | MasterCraft Boat Holdings | 371.45 Mn | 286.83 Mn | 19.54 Mn | 3.36 Mn |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | -7.59 Mn |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | 289,457.00 |
| 10 | Twin Vee PowerCats | 5.45 Mn | 1.52 Mn | -182,668.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2,501.00 |
| Sep 30, 2024 | 89,403.00 |
| Jun 30, 2024 | 344,784.00 |
| Mar 31, 2024 | 149,691.00 |
| Dec 31, 2023 | 513,072.00 |
| Sep 30, 2023 | 63,867.00 |
| Jun 30, 2023 | 261,473.00 |
| Mar 31, 2023 | 702,648.00 |
| Dec 31, 2022 | 261,245.00 |
| Sep 30, 2022 | 283,936.00 |
| Jun 30, 2022 | 174,807.00 |
| Mar 31, 2022 | 221,545.00 |
| Dec 31, 2021 | 150,020.00 |
| Sep 30, 2021 | 61,091.00 |