Gas Powered Boat was Twin Vee PowerCats’s largest segment in fiscal 2023, bringing in $33.39M of $33.43M (100%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|
| Gas Powered Boat | — | — | $31.99M | $33.39M |
| Boat | $11.06M | $15.76M | — | — |
| Electric Boat & Development | — | — | — | $37.12K |
| Franchises | — | $16.74K | — | — |
| Franchise Segments | — | — | -$1.03K | — |
| Total | $11.06M | $15.77M | $31.99M | $33.43M |
Twin Vee PowerCats brought in $33.43M from its two segments in fiscal 2023, the year ended December 31, 2023. Twin Vee PowerCats regrouped these segments after fiscal 2022, so the total does not compare directly with that year's $31.99M. Gas Powered Boat was the largest at $33.39M (99.9%), ahead of Electric Boat & Development at $37.12K (0.1%).
Twin Vee PowerCats began breaking out Gas Powered Boat in fiscal 2022 and Electric Boat & Development in fiscal 2023. Twin Vee PowerCats stopped reporting Boat ($15.76M in fiscal 2021) and Franchises ($16.74K in fiscal 2021) as separate segments.
Twin Vee PowerCats (VEEE) reports its revenue by segment. In fiscal 2023, Gas Powered Boat was its largest segment, bringing in $33.39M (99.9% of the total), followed by Electric Boat & Development at $37.12K (0.1%).
Gas Powered Boat was Twin Vee PowerCats' largest segment in fiscal 2023, bringing in $33.39M, or 99.9% of the $33.43M total across its two segments.
Every figure comes from Twin Vee PowerCats' annual financial filings, as reported. Each line keeps the name Twin Vee PowerCats gives it, and years follow its fiscal calendar.
Twin Vee PowerCats' revenue by segment goes back to fiscal 2020, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.