Breaking News
Subscribe Now 0
📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI. See top stocks
Close

Vicinity Motor Corp (VMC)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Delivery Method

Status

Add to/Remove from a Portfolio Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
0.1900 -0.0050    -2.56%
09:51:28 - Delayed Data. Currency in CAD ( Disclaimer )
  • Volume: 47,700
  • Bid/Ask: 0.1800 / 0.1950
  • Day's Range: 0.1900 - 0.1950
Type:  Equity
Market:  Canada
Vicinity Motor 0.1900 -0.0050 -2.56%

VMC Financial Summary

 
A brief financial summary of Vicinity Motor Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Vicinity Motor Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 13.23 million compared to USD 2.65 million a year ago. Net loss was USD 3.72 million compared to USD 2.44 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.05 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

VMC Income Statement

Gross margin TTM 11.97%
Operating margin TTM -27.17%
Net Profit margin TTM -60.46%
Return on Investment TTM -12.83%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 13.23 5.09 6.49 4.82
Gross Profit 1.88 -0.442 0.511 1.59
Operating Income -0.517 -4.33 -2.36 -0.846
Net Income -3.72 -9.11 -4.39 -0.701

VMC Balance Sheet

Quick Ratio MRQ 0.19
Current Ratio MRQ 0.9
LT Debt to Equity MRQ 39.26%
Total Debt to Equity MRQ 212.85%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 77.83 74.2 72.58 68.33
Total Liabilities 59.09 53 41.83 34.18
Total Equity 18.74 21.2 30.75 34.15

VMC Cash Flow Statement

Cash Flow/Share TTM -0.45
Revenue/Share TTM 0.65
Operating Cash Flow  0.91%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 0.45 -5.69 -9.87 -5.58
Cash From Investing Activities -0.38 -0.319 -1.05 -0.231
Cash From Financing Activities 2.29 6 5.77 11.2
Net Change in Cash 2.3 0.057 -5.3 5.48
* In Millions of USD (except for per share items)
InvestingPro
Go to Dashboard InvestingPro

Unlock access to over 1000 metrics with InvestingPro

View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

 
Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

VMC Comments

Write your thoughts about Vicinity Motor Corp
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Neil Thorpe
Neil Thorpe Jul 12, 2021 12:06
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Just broke ground on new plant july 9/21
Akhil Dogra
Akhil Dogra Apr 06, 2021 13:01
Saved. See Saved Items.
This comment has already been saved in your Saved Items
$20 soon buy
razzak kirmani
razzak kirmani Apr 06, 2021 13:01
Saved. See Saved Items.
This comment has already been saved in your Saved Items
how do you know?
Waheeda Umer
Waheeda Umer Jan 25, 2021 14:29
Saved. See Saved Items.
This comment has already been saved in your Saved Items
What is going on with this?
Love Brar
Love Brar Jun 22, 2020 2:24
Saved. See Saved Items.
This comment has already been saved in your Saved Items
great stock, it will boost when it sells more busses in the near future. good option 👌
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email