Twin Vee PowerCats (VEEE) Research & Development (2021 - 2024)
Twin Vee PowerCats' quarterly Research & Development came in at $2501.0 in Q4 2024, down 99.51% year-on-year from $513072.0 in Q1 2024, and down 97.2% quarter-over-quarter from $89403.0 in Q3 2024.
Twin Vee PowerCats has reported Research & Development for 4 years, with the latest figure at $2501.0 in Q4 2024.
- For the quarter ending Q4 2024, Research & Development fell 99.51% year-over-year to $2501.0; the trailing twelve-month figure through Dec 2024 stood at $586379.0 (down 61.95% YoY), and the FY2024 full-year result was $586379.0, down 59.38% from the prior year.
- Research & Development for Q4 2024 stood at $2501.0, 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.
- Year-over-year, Research & Development jumped 364.78% in 2022 and sank 99.51% in 2024.
- Tracing VEEE's Research & Development over 4 years: 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | 46.30 Mn |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | - |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 88.77 Mn |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | - |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | - |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | - |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | - |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | - |
| 10 | Twin Vee PowerCats | 1.16 Mn | -4.29 Mn | 196,337.00 | - |
Historic Data
Download 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 |