Twin Vee PowerCats (VEEE)
Builds outboard-powered power catamarans and monohulls for independent dealers.
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Sells outboard-powered power catamarans, motors and trailers primarily to independent dealers, with Bahama Boat Works adding monohull and offshore-fishing boats and Wizz Banger developing used-boat marketplace and valuation tools. Boat sales remain the economically material business, with production concentrated at one Fort Pierce site.
Builds outboard-powered, symmetrical twin-hull power catamarans under Twin Vee PowerCats, hand-built at its Fort Pierce base and sold with motors and trailers through independent dealers. Its boats serve recreational and commercial users through a dealer network across North America, Hawaii and Australia.
Owns Bahama Boat Works, a relaunched premium monohull and offshore-fishing brand, and operates Wizz Banger, a development-stage used-boat marketplace and valuation business. Boat sales are the economically material line; Wizz Banger produces limited revenue.
Depends on an independent dealer channel, third-party components and a single Fort Pierce manufacturing site. Under a pending USFM merger, the marine assets would move to a private trust and the public company would shift to Greenland mineral interests, subject to approvals and other closing conditions.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.7M · Total debt $3.1M · Total assets $20.7M · Shareholders' equity $14.4M
- Revenue
- $3.1M
- Operating income
- −$3.0M
- Net income
- −$2.9M
No dividends on record.
| Insiders | 3.04% | 17.5K shares | |
|---|---|---|---|
| 6 holders · as of Mar 19, 2026 | |||
| Strategic holders | 0.96% | 5.5K shares | |
| 1 holder · as of Jul 29, 2026 | |||
| Other | 96.00% | 551.5K shares | |
| remainder | |||
574.5K company shares as of Sep 22, 2026 · holders as of their latest filing
Two share counts disagree (574.5K in the company's Sep 22, 2026 report, 53.2K elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Joseph C. ViscontiInsiderdirector, officer: CEO & Interim CFO | 1.24% | 7,106 | filed Feb 25, 2026 |
Larry G. Jr SwetsInsiderdirector | 1.18% | 6,757 | filed Mar 18, 2026 |
HRT Financial LPStrategic10 percent owner | 0.96% | 5,523 | filed Jul 29, 2026 |
Michael Patrick DickersonInsiderofficer: Chief Financial Officer | 0.38% | 2,178 | filed Nov 26, 2024 |
Kevin SchuylerInsiderdirector | 0.15% | 845 | filed Mar 19, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 27, 2026 | HRT Financial LP | 10 percent owner | −49,505 | $18.12 |
| Mar 19, 2026 | Kevin Schuyler | director | +25,000 | $0.4066 |
| Mar 16, 2026 | Larry G. Jr Swets | director | +50,000 | $0.3800 |
| Mar 18, 2026 | Larry G. Jr Swets | director | +50,000 | $0.3600 |
| Mar 13, 2026 | Larry G. Jr Swets | director | +50,000 | $0.4200 |
- Brunswick
Boston Whaler and Sea Ray challenge offshore and family boat demand.
- Malibu Boats
Pursuit, Cobia and Pathfinder overlap in saltwater fishing boats.
- MasterCraft Boat
Robalo center- and dual-console boats overlap in saltwater fishing.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Twin Vee PowerCats | $16.89 | −1.52% | $917.0K | — | — | 0.1 | −27.7% |
| Brunswick | $66.50 | +0.79% | $4.29B | — | 13.4 | 0.8 | +7.7% |
| Malibu Boats | $23.63 | +1.55% | $464.0M | 320.6 | 9.6 | 0.5 | +42.7% |
| MasterCraft Boat | $19.63 | −0.20% | $476.7M | — | 10.0 | 1.4 | +63.4% |
| Median | 320.6 | 10.0 | 0.8 | +42.7% |