Vicinity Motor Corp. (VEV)
NASDAQ: VEV · IEX Real-Time Price · USD
0.578
-0.038 (-6.23%)
Jun 25, 2024, 3:08 PM EDT - Market open

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
1.14
Revenue / Employee
$382,276
Employees
57
Market Cap
26.38M USD

Revenue Chart

* The company reports in CAD currency but revenue data is shown in USD.

History

Fiscal Year End Revenue Change Growth
Dec 31, 202314.32M837.91K6.21%
Dec 31, 202213.49M-19.10M-58.61%
Dec 31, 202132.58M17.25M112.46%
Dec 31, 202015.34M-3.48M-18.49%
Dec 31, 201918.82M-33.09M-63.75%
Dec 31, 201851.91M--
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 Definition