FRZA - Earnings announcements

FORT PIERCE, FL / ACCESSWIRE / November 14, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a manufacturer of Twin Vee PowerCats and AquaSport boats known as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida, today reported operational highlights and financial results for the three months ended September 30, 2024.Highlights: (Unless otherwise noted, all comparisons are to the three months ended September 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Q3" refers to the three months ended September 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refer

FORT PIERCE, FL / ACCESSWIRE / August 14, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), manufactures Twin Vee PowerCats and AquaSport boats knows as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida today reported operational highlights and financial results for three months ended June 30, 2024.Highlights for three months ended June 30, 2024: (Unless otherwise noted, all comparisons are to the three months ended June 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refers to the electric boat and development segm

FORT PIERCE, FL / ACCESSWIRE / August 7, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats will host a conference call and audio webcast on Wednesday, August 14, 2024, at 2:00 p.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the second quarter of 2024. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. Second Quarter 2024 Financial Results Conference CallDate: Wednesday, August 14, 2024Time: 2:00 p.m. Eastern TimeLive Call and Q&A:Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference ID: 13747916Audio Webcast: LINK HERE (Participan

FORT PIERCE, FL / ACCESSWIRE / May 15, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for three months ended March 31, 2024.Highlights for three months ended March 31, 2024: (All comparisons are to the three months ended March 31, 2023 unless otherwise noted)Revenue for the three months ending March 31, 2024, decreased by 41% to $5,276,000 from $8,877,000 in the corresponding period of the previous year.Twin Vee's Gas-Powered boat segment adjusted net loss for the quarter ending March 31, 2024, was $669,500.Consolidated n

FORT PIERCE, FL / ACCESSWIRE / May 15, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats, today reported operational highlights and financial results for the three months ended March 31, 2024.Highlights for the Three Months Ended March 31, 2024:Cash, cash equivalents, and marketable securities were approximately $9,952,000 on March 31, 2024, compared to $12,803,000 on December 31, 2022.Reduced cash burn during the first quarter through lower SG&A, including salaries, wages, and R&D spending."The past year has seen a marked deceleration in the global demand for recreational marine vehicles, influenced heavily by economic uncertainties and shifti

FORT PIERCE, FL / ACCESSWIRE / May 8, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Wednesday, May 15, 2024, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's first quarter. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. First Quarter 2024 Financial Results Conference CallDate: Wednesday, May 15, 2024Time: 10:00 a.m. Eastern TimeLive Call and Q&A:Toll-Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference ID: 13746471Audio Webcast: LINK HERE (Participants li

FORT PIERCE, FL / ACCESSWIRE / March 19, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats, will host a conference call and audio webcast on Tuesday, March 26, 2024, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company and its research and development efforts for the year ended December 31, 2023. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. Year End 2023 Financial Results Conference CallDate: Tuesday, March 26, 2024Time: 10:00 a.m. Eastern TimeLive Call and Q&A: Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference ID: 13745200Audio Webcast: LINK HERE (Partic

FORT PIERCE, FL / ACCESSWIRE / November 13, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for the third quarter of fiscal year 2023.The Company is pleased to report an 8% increase in consolidated net revenue for the nine months ended September 30, 2023, to $24,980,902 as compared to $23,217,634 in the same period in 2022. For the nine months ended September 30, 2023, Twin Vee alone had a net operating loss of $512,466, as compared to a net loss of $341,344 in the prior year. The Twin Vee operating loss is stated before c

FORT PIERCE, FL / ACCESSWIRE / November 6, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza" or the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today reported operational highlights and financial results for the third quarter of fiscal 2023."We intend to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "We are focused on the creation and implementation of marine electric vehicle ("EV") technology to control and power our electric boats utilizing our proprietary outboard electric motor. Our electric boats are being designe

FORT PIERCE, FL / ACCESSWIRE / October 30, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Monday, November 6, 2023, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's R&D, prototyping, and testing efforts for the third quarter of 2023. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. Third Quarter 2023 Financial Results Conference CallDate: Monday, November 6, 2023Time: 10:00 a.m. Eastern TimeLive Call and Q&A: Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Co

FORT PIERCE, FL / ACCESSWIRE / August 14, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for the three and six months ended June 30, 2023.We are pleased to report an 18% increase in net revenue for the six months ended June 30, 2023, to $17,000,000 compared to $14,400,000 in the same period in 2022. We had a net loss of $234,000 for our gas powered boats segment for the six months ended June 30, 2023 compared to net loss of $554,000 for the same period in 2022. The total net loss attributed to stockholders of Twin Vee of

FORT PIERCE, FL / ACCESSWIRE / August 1, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Monday, August 7, 2023, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the second quarter of 2023. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. Second Quarter 2023 Financial Results Conference CallDate: Monday, August 7, 2023Time: 10:00 a.m. Eastern TimeLive Call and Q&A: Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference

FORT PIERCE, FL / ACCESSWIRE / May 15, 2023 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial, off-shore power catamaran boats, today reported operational highlights and financial results for the three months ended March 31, 2023.We are pleased to report a 51% increase in net revenue for the three months ended March 31, 2023 to $8.9 million compared to $5.9 million in the same period in 2022, and net income of $181,000 for our gas powered boats reportable segment for the three months ended March 31, 2023, compared to a net loss of $626,000 for the same period in 2022. The total net loss of $1.8 millio

FORT PIERCE, FL / ACCESSWIRE / May 9, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza" or the "Company"), a new developer of electric sport boats with a mission to accelerate the adoption of sustainable recreational boating, today reported operational highlights and financial results for the first quarter of fiscal 2023. "We aim to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "Our mission is to inspire the adoption of sustainable recreational boating by producing stylish electric sport boats. We are focused on the creation and implementation of marine electric vehicle (

FORT PIERCE, FL / ACCESSWIRE / May 3, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Tuesday, May 9, 2023, at 12:00 p.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the first quarter of 2023. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. First Quarter 2023 Financial Results Conference CallDate: Tuesday, May 9, 2023Time: 12:00 p.m. Eastern TimeLive Call and Q&A: Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference ID: 13738

FORT PIERCE, FL / ACCESSWIRE / March 27, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today reported operational highlights and financial results for the year ended December 31, 2022."Since 2022, Forza has completed the design, development and begun water testing on three electric boats: the FX1 dual console, our 22-foot monohull, as well as our electric-powered 25-foot deck boat," says Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "So far, we've produced a total of 8 electric boats between the various models and have begun small batch production on the 22-foot mono

FORT PIERCE, FL / ACCESSWIRE / March 21, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Monday, March 27, 2023, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the fourth quarter of 2022. Financial results will be issued in a press release before the call.Event: Forza X1, Inc. Year End 2022 Financial Results Conference CallDate: Monday, March 27, 2023Time: 10:00 a.m. EasternTimeLive Call and Q&A: Toll Free: 1-877-407-4018Toll/International: 1-201-689-8471Conference ID: 137