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Stock impact report

Twin Vee PowerCats Delivers Three Consecutive Quarters of Year-Over-Year Sales Growth Amid Expanding Catamaran Market [Yahoo! Finance]

Twin Vee PowerCats Co. (VEEE) 
Company Research Source: Yahoo! Finance
marketer of power sport boats, today announced three consecutive quarters of year-over-year sales growth during the second, third, and fourth quarters of fiscal 2025, reflecting sustained momentum in the Company's core business. This performance aligns with a 2025 report by DataHorizzon Research , which forecasted significant growth in the global power catamaran market (defined as twin-hull, center-console recreational and commercial boats designed for fishing, cruising, water sports, and offshore activities). The report stated that the global power catamaran market is expected to grow from approximately $2.8 billion in 2024 to $4.6 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 5.7%. Twin Vee believes this broader industry expansion, combined with improving dealer productivity and prior operational investments and capital expenditures, is contributing to strengthening demand across its product portfolio. The Company is providing this update ahead of its custo Show less Read more
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