Twin Vee PowerCats (VEEE) Research & Development (2021 - 2024)
Twin Vee PowerCats (VEEE) posted quarterly Research & Development of $2501.0 for Q4 2024, down 99.51% year-over-year from $513072.0 in Q1 2024, and down 97.2% quarter-over-quarter from $89403.0 in Q3 2024.
Twin Vee PowerCats (VEEE) Research & Development (2021 - 2024) Analysis & Trends
Twin Vee PowerCats' Research & Development history runs 4 years deep, the most recent figure standing at $2501.0 for Q4 2024.
- In Q4 2024, Research & Development fell 99.51% year-over-year to $2501.0; the TTM figure through Sep 2025 stood at $2501.0 (down 99.77% YoY), while the FY2024 annual figure 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.
- The 4-year median for Research & Development is $198176.0 (2022), against an average of $234291.6.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 364.78% in 2022, then plunged 99.51% in 2024.
- Twin Vee PowerCats' Research & Development stood at $150020.0 in 2021, then surged by 74.14% to $261245.0 in 2022, then surged by 96.39% to $513072.0 in 2023, then slumped by 99.51% to $2501.0 in 2024.
- Business Quant data shows VEEE's Research & Development at $2501.0 in Q4 2024, $89403.0 in Q3 2024, and $344784.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.90 Bn | 4.34 Bn | 409.69 Mn | 86.67 Mn |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | - |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 989.70 Mn | 421.12 Mn | - |
| 5 | Patrick Industries | 2.70 Bn | 2.67 Bn | 247.58 Mn | - |
| 6 | Lci Industries | 2.54 Bn | 2.32 Bn | 301.14 Mn | - |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 50.40 Mn |
| 8 | Winnebago Industries | 905.60 Mn | 848.50 Mn | 94.90 Mn | - |
| 9 | Malibu Boats | 548.75 Mn | 498.58 Mn | 41.28 Mn | 8.35 Mn |
| 10 | Twin Vee PowerCats | 5.59 Mn | 1.66 Mn | -182,668.00 | - |
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 |