---
title: "Why Is Twin Vee PowerCats Stock Gaining Monday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285979758.md"
description: "Twin Vee PowerCats (NASDAQ:VEEE) stock surged 34% on Monday following a report of 10% year-over-year revenue growth and a 31% sequential increase in Q1 results. The company reported a net loss of $2.09 million, but adjusted EBITDA loss improved by 11%. Cash and cash equivalents rose by over $4 million, aided by equity raises. Additionally, Twin Vee relaunched the Bahama Boat Works brand at the Palm Beach International Boat Show, introducing new models. At publication, VEEE shares were trading at $8.00."
datetime: "2026-05-11T17:49:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285979758.md)
  - [en](https://longbridge.com/en/news/285979758.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285979758.md)
---

# Why Is Twin Vee PowerCats Stock Gaining Monday?

**Twin Vee PowerCats Co.** (NASDAQ:VEEE) stock traded higher Monday after the boat manufacturer highlighted first-quarter results that showed continued revenue growth and new product launches.

## Twin Vee Revenue Growth Continues

The company said first-quarter revenue increased about 10% year over year, marking its fourth consecutive quarter of annual growth. Revenue also rose 31% sequentially from the fourth quarter of 2025.

Net loss widened to $2.09 million from $1.6 million in the prior-year quarter. Adjusted EBITDA loss improved 11% year over year to $776,000, representing an estimated monthly cash burn of about $259,000.

Results included roughly $1.3 million in non-cash and one-time charges related to inventory adjustments, product development, and field inventory management.

Cash and cash equivalents increased by more than $4 million from the fourth quarter of 2025, supported by equity raises used to fund growth initiatives, product launches, and working capital needs.

## Bahama Boat Works Relaunch

Operationally, Twin Vee relaunched the Bahama Boat Works brand at the Palm Beach International Boat Show. The company introduced new 21-foot and 23-foot models alongside its existing 35-foot, 37-foot, and 41-foot lineup.

Twin Vee also delivered its first Bahama 35-foot vessel, produced at the company's manufacturing facility.

## Twin Vee Price Action

**VEEE Stock Price Activity:** Twin Vee PowerCats shares were up 34.45% at $8.00 at the time of publication on Monday, according to Benzinga Pro data.

_Photo by Thapana\_Studio via Shutterstock_

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