Twin Vee PowerCats FWP Presentation Deck
TWIN VEE
POWERCATS CO.
INVESTMENT SUMMARY
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A nationally recognized sport boat manufacturer that has been designing, building and selling boats for over 27 years.
A seasoned and experienced leadership team of engineers, designers, and boat builders developing and introducing new and innovative products
year after year.
Five new models were introduced since 2019, including the largest Twin Vee to date, a 400 GFX that retails for over $800,000.
An established and growing national network of boat dealers that market, sell and support our boats.
Market conditions and post pandemic behaviors have shifted to families and friends choosing outdoor activities, limited social contact activities and
recreational adventures which we see continue to drive the demand for recreational vehicles and boats.
Twin Vee has the top-quality factory infrastructure, skilled workforce, supply chain vendors and the national distribution supporting increased
production and unit output.
Plans are underway to add approximately 35,000 square feet to the Twin Vee facility allowing an additional line of production.
As the world continues the transition to electric vehicles, Twin Vee is positioned for growth and is diversified through its majority ownership in Forza
X1, Inc.
A strong balance sheet with $6.9 million in cash & short-term investments and no debt, increased production 70% year over year to date through
June 30, and increased revenue 121% year over year to $14,405,613 for the six months ended June 30.
Nasdaq | VEEE
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