Vicinity Motor Corp. (VEV)
NASDAQ: VEV · IEX Real-Time Price · USD
0.440
-0.072 (-14.11%)
At close: Jul 19, 2024, 4:00 PM
0.467
+0.027 (6.13%)
Pre-market: Jul 22, 2024, 7:22 AM EDT
Vicinity Motor Revenue
Vicinity Motor had revenue of $21.79M in the twelve months ending March 31, 2024, with 67.60% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $9.73M with 406.93% year-over-year growth. In the year 2023, Vicinity Motor had annual revenue of $14.32M with 6.21% growth.
Revenue (ttm)
$21.79M
Revenue Growth
+67.60%
P/S Ratio
1.02
Revenue / Employee
$382,276
Employees
57
Market Cap
22.22M USD
Revenue Chart
* The company reports in CAD currency but revenue data is shown in USD.
Revenue History
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Dec 31, 2023 | 14.32M | 837.91K | 6.21% |
| Dec 31, 2022 | 13.49M | -19.10M | -58.61% |
| Dec 31, 2021 | 32.58M | 17.25M | 112.46% |
| Dec 31, 2020 | 15.34M | -3.48M | -18.49% |
| Dec 31, 2019 | 18.82M | -33.09M | -63.75% |
| Dec 31, 2018 | 51.91M | - | - |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
Full DefinitionRelated Stocks
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| ECD Automotive Design | 18.90M |
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| Workhorse Group | 12.74M |
| Chijet Motor Company | 9.48M |
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VEV News
- 4 days ago - Vicinity Motor Corp. Announces Closing of the US$2.5 Million Registered Direct Offering - Accesswire
- 5 days ago - Vicinity Motor Corp. Receives Follow on Orders for Three Vicinity Classic Clean Diesel Buses from Leading Quebec Transit Operators - Accesswire
- 6 days ago - Vicinity Motor Corp. Announces Pricing of US$2.5 Million Registered Direct Offering - Accesswire
- 9 days ago - Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric Truck - Accesswire
- 14 days ago - Vicinity Motor Corp. Secures Expanded Order for 14 Additional Vicinity Lightning Electric Buses for Honolulu International Airport - Accesswire
- 23 days ago - Vicinity Motor Corp. Issues DSUs - Accesswire
- 4 weeks ago - Vicinity Motor Corp. Grants Stock Options - Accesswire
- 4 weeks ago - Vicinity Motor Corp. Receives Order for Two Vicinity Classic Clean Diesel Buses from the Town of Orangeville, Ontario - Accesswire