Twin Historical Income Statement
| VEEE Stock | USD 0.35 0.00 0.000003% |
Historical analysis of Twin Vee income statement accounts such as Depreciation And Amortization of 1.6 M, Interest Expense of 190.5 K, Selling General Administrative of 10.9 M or Selling And Marketing Expenses of 3 M can show how well Twin Vee Powercats performed in making a profits. Evaluating Twin Vee income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Twin Vee's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Twin Vee Powercats latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Twin Vee Powercats is a good buy for the upcoming year.
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About Twin Income Statement Analysis
Twin Vee Powercats Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Twin Vee shareholders. The income statement also shows Twin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Twin Vee Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Twin Vee Powercats generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Twin Vee Powercats minus its cost of goods sold. It is profit before Twin Vee operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Twin Vee's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Twin Vee Powercats current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Twin Vee's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 26.2 M, whereas Interest Expense is forecasted to decline to about 190.5 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 164.2K | 221.2K | 254.3K | 190.5K | Depreciation And Amortization | 553.8K | 1.4M | 1.6M | 1.6M |
Twin Vee income statement Correlations
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Twin Vee Account Relationship Matchups
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Twin Vee income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Net Interest Income | (178.6K) | (136.7K) | (88.8K) | (66.6K) | (76.6K) | (80.5K) | |
| Depreciation And Amortization | 462.9K | 198.5K | 553.8K | 1.4M | 1.6M | 1.6M | |
| Interest Expense | 178.6K | 136.7K | 164.2K | 221.2K | 254.3K | 190.5K | |
| Selling General Administrative | 3.9M | 7.5M | 15.2M | 18.9M | 21.8M | 10.9M | |
| Selling And Marketing Expenses | 28.7K | 43.5K | 1.8M | 2.5M | 2.9M | 3.0M | |
| Total Revenue | 11.1M | 15.8M | 32.0M | 33.4M | 38.4M | 22.6M | |
| Gross Profit | 4.8M | 6.3M | 10.7M | 9.7M | 11.2M | 7.8M | |
| Other Operating Expenses | 10.3M | 16.8M | 37.7M | 45.4M | 52.2M | 26.6M | |
| Operating Income | 720.8K | (1.0M) | (5.7M) | (12.0M) | (10.8M) | (10.2M) | |
| Net Income From Continuing Ops | 1.2M | (1.0M) | (5.8M) | (9.4M) | (8.4M) | (8.0M) | |
| Ebit | 720.8K | (874.3K) | (5.6M) | (9.6M) | (8.6M) | (8.2M) | |
| Ebitda | 1.2M | (675.8K) | (5.1M) | (8.2M) | (7.4M) | (7.0M) | |
| Cost Of Revenue | 6.3M | 9.5M | 21.3M | 23.7M | 27.3M | 14.8M | |
| Total Operating Expenses | 4.1M | 7.3M | 16.3M | 21.7M | 25.0M | 26.2M | |
| Reconciled Depreciation | 462.9K | 198.5K | 553.8K | 1.0M | 1.2M | 1.2M | |
| Income Before Tax | 1.2M | (1.0M) | (5.8M) | (9.8M) | (8.8M) | (8.4M) | |
| Total Other Income Expense Net | 450.2K | 619.7K | 228.3K | 2.2M | 2.5M | 2.7M | |
| Net Income | 1.2M | (1.1M) | (5.9M) | (7.2M) | (6.5M) | (6.1M) | |
| Income Tax Expense | 178.6K | 137.2K | 127.7K | (7.2M) | (6.5M) | (6.1M) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Vee Powercats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Vee. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Vee listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.678 | Earnings Share (1.10) | Revenue Per Share | Quarterly Revenue Growth (0.64) | Return On Assets |
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.