Twin Vee PowerCats (VEEE) investor relations material

Strategic vision and growth initiatives

• Aims to build a leading, multi-brand marine manufacturing powerhouse with a focus on new product launches and modernizing the boat buying experience.

• Expanded manufacturing footprint to 100,000 sqft, introduced 5 new products, and acquired Bahama Boat Works.

• Ready to produce over 700 units annually, leveraging in-house CNC tooling and advanced manufacturing processes.

• Wizz Banger dealership and value app launched to monetize excess capacity and modernize boat sales.

• Entering DoD and Homeland Security small craft market with existing infrastructure and proposal preparations underway.

Product portfolio and innovation

• Twin Vee has produced over 10,000 power catamarans, with 14 new dealer locations added in 2025.

• Product lines include GFX2 and STX models, with new BayCat 22 sold out in key locations.

• Bahama Boat Works offers luxury offshore center-console boats, expanding with new models like Bahama Zi, 23, Z, 37, 39, 41, and 41GT.

• Partnership with Mercury Marine standardizes engine packages, improving performance and margins.

• Advanced in-house manufacturing with 5-axis CNC and vacuum resin infusion accelerates product development and quality.

Financial performance and balance sheet

• Achieved three consecutive quarters of year-over-year revenue growth in 2025, with quarterly net sales rising from $2.9M to $4.8M.

• Field inventory reduced from 140 to 52 units by year-end 2025; production backlog at a 12-month high.

• Balance sheet as of 9/30/2025: $2.7M cash, $18.9M total assets, $2.96M liabilities, $15.9M equity.

• No long-term debt except a small SBA COVID loan; stockholders' equity significantly exceeds market cap.