Vicinity Motor Corp. (VEV)
NASDAQ: VEV · IEX Real-Time Price · USD
0.381
+0.007 (1.76%)
At close: Jul 26, 2024, 4:00 PM
0.383
+0.002 (0.55%)
After-hours: Jul 26, 2024, 7:01 PM EDT
Vicinity Motor Revenue
Vicinity Motor had revenue of 13.23M CAD in the quarter ending March 31, 2024, with 399.58% growth. This brings the company's revenue in the last twelve months to 29.64M, up 65.18% year-over-year. In the year 2023, Vicinity Motor had annual revenue of 19.05M with 3.11% growth.
Revenue (ttm)
29.64M CAD
Revenue Growth
+65.18%
P/S Ratio
0.84
Revenue / Employee
519,912 CAD
Employees
57
Market Cap
19.22M USD
Revenue Chart
* This company reports financials in CAD.
Revenue History
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Dec 31, 2023 | 19.05M | 575.00K | 3.11% |
| Dec 31, 2022 | 18.48M | -23.23M | -55.70% |
| Dec 31, 2021 | 41.71M | 22.15M | 113.30% |
| Dec 31, 2020 | 19.55M | -5.09M | -20.67% |
| Dec 31, 2019 | 24.65M | -45.43M | -64.83% |
| Dec 31, 2018 | Pro | Pro | Pro |
| Dec 31, 2017 | Pro | Pro | Pro |
| Dec 31, 2016 | Pro | Pro | Pro |
| Aug 31, 2016 | Pro | Pro | Pro |
| Aug 31, 2015 | Pro | Pro | Pro |
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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|---|---|
| LOBO EV TECHNOLOGIES LTD. | 15.47M |
| Workhorse Group | 12.74M |
| Chijet Motor Company | 9.48M |
| Envirotech Vehicles | 3.15M |
| Volcon | 3.12M |
| Phoenix Motor | 3.12M |
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VEV News
- 1 day ago - Vicinity Motor Corp. Customers Eligible for U.S. IRS Commercial Clean Vehicle Tax Credit of Up to $40,000 per Vehicle - Accesswire
- 9 days ago - Vicinity Motor Corp. Announces Closing of the US$2.5 Million Registered Direct Offering - Accesswire
- 9 days ago - Vicinity Motor Corp. Receives Follow on Orders for Three Vicinity Classic Clean Diesel Buses from Leading Quebec Transit Operators - Accesswire
- 10 days ago - Vicinity Motor Corp. Announces Pricing of US$2.5 Million Registered Direct Offering - Accesswire
- 14 days ago - Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric Truck - Accesswire
- 18 days ago - Vicinity Motor Corp. Secures Expanded Order for 14 Additional Vicinity Lightning Electric Buses for Honolulu International Airport - Accesswire
- 4 weeks ago - Vicinity Motor Corp. Issues DSUs - Accesswire
- 5 weeks ago - Vicinity Motor Corp. Grants Stock Options - Accesswire