|
|
Twin Vee CEO Joseph Visconti's Weekly Update
Welcome to the fourth edition of Twin Vee’s CEO Update, a weekly newsletter connecting with Twin Vee and AquaSport owners, investors, and enthusiasts who share our passion for all things Twin Vee PowerCats.
This week on CEO Hustle, we’re going over some of the highlights of Twin Vee’s Q3 2024 earnings call, as well as the Company’s response to the headwinds faced by the marine industry. Then, go behind the scenes as I take you on a tour of Twin Vee’s state-of-the-art wire harness room – the nerve center of our cutting-edge all-digital platform. Discover how these advanced systems are revolutionizing Twin Vee boats, enhancing performance, reliability, and the overall boating experience.
And later, you’ll meet Tom & Joyce Hammer, who just purchased their third boat from us! Hear their story and discover why they keep returning to the Twin Vee brand.
Before we get to the update, I want to wish everyone in the United States a Happy Thanksgiving next week! May your holiday be filled with gratitude, fun, good food, and the company of loved ones.
| |
Follow Joseph on His Personal Media Platforms | | |
|
|
CEO UPDATE #1 - Q3 2024 Earnings Call
Monday’s CEO Hustle episode featured excerpts from Twin Vee’s Q3 2024 Earnings Call on November 14. During the call, Joseph provided a candid assessment of the Company’s performance in a challenging economic environment and discussed the headwinds faced by the recreational vehicle industry as a whole.
Joseph then highlights Twin Vee’s proactive response to these challenges and details key investments in future growth, such as the Fort Pierce facility expansion and the acquisition of a five-axis CNC machine. Despite the current difficulties, Joseph expressed his optimism for the future by emphasizing the development of new, more
| |
|
affordable boat models, like the upcoming 22-foot BayCat line. With signs of growing confidence in the American economy, Joseph anticipates a positive shift in the recreational vehicle market in the coming months.
Don't miss the highlights from Joseph's Q3 2024 Earnings Call on CEO Hustle!
| |
|
CEO UPDATE #2 - Tour Twin Vee's Wire Harness Room: The Heart of Twin Vee's All-Digital Platform
On Wednesday's episode of CEO Hustle, Joseph tours Twin Vee's cutting-edge digital switching wire harness room. See how Twin Vee is revolutionizing boat building with their new GFX2 model line, which utilizes fully digital wiring systems designed for unparalleled longevity and performance.
Earlier this year, Twin Vee announced that its 2025 model lineup will include an all-digital platform for the first time in the Company’s history. The shift to an all-digital platform with a digital switching system represents significant upgrades in the design and functionality of the Company’s boat models.
Every component, from lights and pumps to the propulsion system, is centralized into a "digital brain," and each model boasts a custom-designed harness that's built to last.
Get a rare glimpse into the intricate wiring process and learn how these innovative systems are changing the future of Twin Vee's boats.
| |
|
CEO UPDATE #3 - Tom and Joyce Hammer Pick Up Their Third Twin Vee Boat | |
 | |
Twin Vee PowerCats owners Tom and Joyce Hammer are back for their third boat! After Hurricane Helene sadly swept away their beloved Twin Vee, they knew exactly who they'd turn to for a replacement.
In a recent YouTube video, the Hammers share their excitement for their brand-new 2025 240 GFX Center Console. They emphasize how important the incredibly smooth ride is for them and the ample space onboard. "When the family comes in, we let the kids fish, and it fits everyone perfectly, and they're all so happy," they share in the video. The Hammers also praised Twin Vee's outstanding customer service, highlighting the team's flexibility and willingness to personalize their boat. Thanks to the Twin Vee team, they were even able to change the color of the rub rails midway through the build.
"Every Twin Vee we've had, anytime we pull up to any restaurant, people come out and ask us [about our boat]. We've had three now. We'll always be Twin Vee. We're loyal Twin Vee fans." Tom and Joyce conclude.
Click the button below to see the Hammers' beautiful new 240 GFX and hear more about their amazing Twin Vee experience in the full video!
| |
|
CEO UPDATE #4 - Do You Have Questions for an Upcoming CEO Hustle Episode?
Do you have a question about Twin Vee or AquaSport you'd like to ask Twin Vee CEO Joseph Visconti? Whether you're a longtime Twin Vee owner, a prospective boat buyer, or an investor checking on our progress, feel free to ask Joseph about what's on your mind!
Submit your questions to ceohustle@twinvee.com for the chance to have them featured on a future show!
| | |
|
|
Check Out Twin Vee's $5,000 Referral Program!
Twin Vee is currently running a massive $5,000 referral fee program for every new boat sold. You get paid when Twin Vee gets paid!
If you're passionate about boating and want to share the love (and earn some serious cash), spread the word about Twin Vee and our exceptional boats. Tell your friends, family, and colleagues to mention your name when they purchase a new boat, and get ready to reap the rewards!
Don't miss this chance to be part of the Twin Vee family and capitalize on this incredible referral program. Click the button below to fin out everything you need to know.
| |
|
FORWARD-LOOKING STATEMENTS
This newsletter contains forward-looking statements that may discuss Twin Vee’s plans, goals, intentions and expectations as to future trends, events, results of operations, financial condition or other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and they often include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” and other similar expressions. Statements that are not historical facts are forward-looking statements. These forward-looking statements include statements regarding Twin Vee’s proactive response to economic challenges and investments in future growth, such as the Fort Pierce facility expansion and the acquisition of a five-axis CNC machine, development of new, more affordable boat models, like the upcoming 22-foot BayCat line, and a positive shift in the recreational vehicle market in the coming months. Forward-looking statements are based on Twin Vee’s current beliefs and assumptions, are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation, Twin Vee’s proactive response to economic challenges and investments in future growth, such as the Fort Pierce facility expansion and the acquisition of a five-axis CNC machine, development of new, more affordable boat models, like the upcoming 22-foot BayCat line, and a positive shift in the recreational vehicle market in the coming months. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in Twin Vee’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Except as required by law, Twin Vee undertakes no obligation to revise or update any forward-looking statement or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
| | | | |
