Vicinity Motor Corp. (VEV)

NASDAQ: VEV · IEX Real-Time Price · USD

0.693

+0.012 (1.72%)

At close: Apr 24, 2024, 3:37 PM

0.750

+0.057 (8.27%)

After-hours: Apr 24, 2024, 7:40 PM EDT

Vicinity Motor Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	19.05	18.48	41.71	19.55	24.65	70.08
Revenue Growth (YoY)	3.11%	-55.70%	113.30%	-20.67%	-64.83%	-
Cost of Revenue	16.91	18.04	37.47	16.98	20.31	58.15
Gross Profit	2.14	0.44	4.24	2.58	4.34	11.92
Selling, General & Admin	9.73	9.53	7.81	4.52	7.24	7.02
Other Operating Expenses	6.83	3.95	2.23	1.22	1.27	2.01
Operating Expenses	16.56	13.48	10.04	5.74	8.51	9.03
Operating Income	-14.42	-13.04	-5.8	-3.16	-4.17	2.9
Interest Expense / Income	5.04	2.26	0.72	0.55	0.7	1.11
Other Expense / Income	-2.83	2.45	0.34	-0.55	0.06	0.84
Pretax Income	-16.63	-17.75	-6.86	-3.16	-4.93	0.95
Income Tax	0	0.2	0.46	0.08	0.06	0
Net Income	-16.63	-17.95	-7.32	-3.24	-4.99	0.95
Shares Outstanding (Basic)	46	40	31	26	24	24
Shares Outstanding (Diluted)	46	40	31	26	24	25
Shares Change	15.02%	28.62%	19.68%	6.29%	-2.73%	-
EPS (Basic)	-0.36	-0.45	-0.24	-0.13	-0.21	0.03
EPS (Diluted)	-0.36	-0.45	-0.24	-0.13	-0.21	0.03
Free Cash Flow	-26.58	-19.94	-2.21	-5.85	-3.81	1.74
Free Cash Flow Per Share	-0.58	-0.50	-0.07	-0.23	-0.16	0.07
Gross Margin	11.21%	2.38%	10.15%	13.18%	17.60%	17.02%
Operating Margin	-75.71%	-70.57%	-13.91%	-16.18%	-16.92%	4.14%
Profit Margin	-87.31%	-97.15%	-17.56%	-16.55%	-20.22%	1.35%
Free Cash Flow Margin	-139.52%	-107.92%	-5.31%	-29.92%	-15.46%	2.48%
EBITDA	-10.18	-12.52	-4.9	-1.88	-3.21	2.8
EBITDA Margin	-53.43%	-67.78%	-11.75%	-9.60%	-13.03%	3.99%
Depreciation & Amortization	1.42	2.97	1.24	0.74	1.01	0.73
EBIT	-11.6	-15.49	-6.14	-2.62	-4.23	2.06
EBIT Margin	-60.88%	-83.83%	-14.73%	-13.37%	-17.14%	2.94%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).