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Side-by-side financial comparison of Twin Vee PowerCats, Co. (VEEE) and Vision Marine Technologies Inc. (VMAR). Click either name above to swap in a different company.
Twin Vee PowerCats, Co. is the larger business by last-quarter revenue ($3.0M vs $104.0K, roughly 29.1× Vision Marine Technologies Inc.). Twin Vee PowerCats, Co. runs the higher net margin — -85.6% vs -1119.7%, a 1034.0% gap on every dollar of revenue. Twin Vee PowerCats, Co. produced more free cash flow last quarter ($-1.9M vs $-4.2M).
Twin Vee PowerCats Co. is a leading manufacturer of high-performance recreational power catamaran boats. The company offers a diverse lineup of catamaran models suited for leisure cruising, fishing, water sports, and commercial marine use, serving customers primarily across North America, with a growing distribution network in global coastal markets.
Vision Marine Technologies Inc. is a marine technology enterprise specializing in the electrification of watercraft. It develops and manufactures high-performance electric outboard motors, supporting battery systems and related power solutions for both recreational and commercial marine use, working to cut carbon emissions from maritime transport.
VEEE vs VMAR — Head-to-Head
Income Statement — Q4 2025 vs Q4 2024
| Metric | ||
|---|---|---|
| Revenue | $3.0M | $104.0K |
| Net Profit | $-2.6M | $-1.2M |
| Gross Margin | 3.7% | — |
| Operating Margin | -87.7% | — |
| Net Margin | -85.6% | -1119.7% |
| Revenue YoY | 60.4% | — |
| Net Profit YoY | -119.0% | — |
| EPS (diluted) | $-1.19 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $3.0M | — | ||
| Q3 25 | $3.4M | — | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $3.6M | — | ||
| Q4 24 | $1.9M | $104.0K | ||
| Q3 24 | $2.9M | — | ||
| Q2 24 | $4.3M | — | ||
| Q1 24 | $5.3M | — |
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-2.8M | — | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.6M | — | ||
| Q4 24 | $-1.2M | $-1.2M | ||
| Q3 24 | $-3.0M | — | ||
| Q2 24 | $-4.5M | — | ||
| Q1 24 | $-2.3M | — |
| Q4 25 | 3.7% | — | ||
| Q3 25 | -1.3% | — | ||
| Q2 25 | 13.8% | — | ||
| Q1 25 | 14.9% | — | ||
| Q4 24 | -57.6% | — | ||
| Q3 24 | -5.0% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 5.3% | — |
| Q4 25 | -87.7% | — | ||
| Q3 25 | -81.0% | — | ||
| Q2 25 | -35.2% | — | ||
| Q1 25 | -46.5% | — | ||
| Q4 24 | -224.9% | — | ||
| Q3 24 | -107.3% | — | ||
| Q2 24 | -107.7% | — | ||
| Q1 24 | -48.2% | — |
| Q4 25 | -85.6% | — | ||
| Q3 25 | -80.4% | — | ||
| Q2 25 | -34.8% | — | ||
| Q1 25 | -44.6% | — | ||
| Q4 24 | -62.7% | -1119.7% | ||
| Q3 24 | -103.7% | — | ||
| Q2 24 | -104.4% | — | ||
| Q1 24 | -44.3% | — |
| Q4 25 | $-1.19 | — | ||
| Q3 25 | $-1.23 | — | ||
| Q2 25 | $-0.87 | — | ||
| Q1 25 | $-1.08 | — | ||
| Q4 24 | $-3.51 | — | ||
| Q3 24 | $-2.64 | — | ||
| Q2 24 | $-3.09 | — | ||
| Q1 24 | $-1.77 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4M | $703.4K |
| Total DebtLower is stronger | $499.9K | $324.2K |
| Stockholders' EquityBook value | $13.5M | $6.7M |
| Total Assets | $16.2M | $9.7M |
| Debt / EquityLower = less leverage | 0.04× | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4M | — | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $6.0M | — | ||
| Q1 25 | $4.9M | — | ||
| Q4 24 | $7.5M | $703.4K | ||
| Q3 24 | $11.1M | — | ||
| Q2 24 | $14.9M | — | ||
| Q1 24 | $17.1M | — |
| Q4 25 | $499.9K | — | ||
| Q3 25 | $499.9K | — | ||
| Q2 25 | $499.9K | — | ||
| Q1 25 | $499.9K | — | ||
| Q4 24 | $499.9K | $324.2K | ||
| Q3 24 | $499.9K | — | ||
| Q2 24 | $499.9K | — | ||
| Q1 24 | $499.9K | — |
| Q4 25 | $13.5M | — | ||
| Q3 25 | $15.9M | — | ||
| Q2 25 | $18.6M | — | ||
| Q1 25 | $17.7M | — | ||
| Q4 24 | $19.2M | $6.7M | ||
| Q3 24 | $17.4M | — | ||
| Q2 24 | $19.6M | — | ||
| Q1 24 | $22.3M | — |
| Q4 25 | $16.2M | — | ||
| Q3 25 | $18.9M | — | ||
| Q2 25 | $22.4M | — | ||
| Q1 25 | $23.6M | — | ||
| Q4 24 | $25.9M | $9.7M | ||
| Q3 24 | $30.1M | — | ||
| Q2 24 | $33.8M | — | ||
| Q1 24 | $36.5M | — |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.03× | 0.05× | ||
| Q3 24 | 0.03× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.02× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-1.7M | $-4.2M |
| Free Cash FlowOCF − Capex | $-1.9M | $-4.2M |
| FCF MarginFCF / Revenue | -62.5% | -4015.1% |
| Capex IntensityCapex / Revenue | 4.6% | 4.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.7M | — | ||
| Q3 25 | $-2.6M | — | ||
| Q2 25 | $-745.6K | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-2.3M | $-4.2M | ||
| Q3 24 | $-2.4M | — | ||
| Q2 24 | $-482.1K | — | ||
| Q1 24 | $-1.7M | — |
| Q4 25 | $-1.9M | — | ||
| Q3 25 | $-3.1M | — | ||
| Q2 25 | $-1.5M | — | ||
| Q1 25 | $-2.6M | — | ||
| Q4 24 | $-3.6M | $-4.2M | ||
| Q3 24 | $-3.7M | — | ||
| Q2 24 | $-2.2M | — | ||
| Q1 24 | $-3.7M | — |
| Q4 25 | -62.5% | — | ||
| Q3 25 | -91.2% | — | ||
| Q2 25 | -30.6% | — | ||
| Q1 25 | -71.0% | — | ||
| Q4 24 | -192.8% | -4015.1% | ||
| Q3 24 | -128.8% | — | ||
| Q2 24 | -51.0% | — | ||
| Q1 24 | -70.9% | — |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 14.9% | — | ||
| Q1 25 | 22.9% | — | ||
| Q4 24 | 68.8% | 4.8% | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 39.9% | — | ||
| Q1 24 | 37.7% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.