Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. The company was incorporated in 2021 and is based in Fort Pierce, Florida. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.
According to Forza X1, Inc.'s latest financial reports the company's current revenue (TTM) is $37.12 K. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
---|---|---|---|---|---|
2023 | $37.12 K | $-120,519 | $-5,743,519 | $-5,933,113 | $-5,933,113 |
2022 | $ | $-232,744 | $-3,593,294 | $-3,630,081 | $-3,606,903 |
2021 | $ | $-3,208 | $-378,320 | $-457,551 | $-533,574 |
2020 | $ | $ | $ | $ | $ |