VEV
Income statement / Annual
Last year (2023), Vicinity Motor Corp.'s total revenue was $19.05 M,
an increase of 3.11% from the previous year.
In 2023, Vicinity Motor Corp.'s net income was -$16.63 M.
See Vicinity Motor Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
08/31/2016 |
08/31/2015 |
08/31/2014 |
| Operating Revenue |
$19.05 M
|
$18.48 M
|
$41.71 M
|
$20.44 M
|
$18.87 M
|
$51.45 M
|
$43.50 M
|
$6.27 M
|
$4.57 M
|
$1.36 M
|
| Cost of Revenue |
$16.91 M |
$18.04 M |
$37.47 M |
$17.82 M |
$15.55 M |
$42.70 M |
$38.48 M |
$5.88 M |
$4.67 M |
$1.31 M |
| Gross Profit |
$2.14 M |
$440,000.00 |
$4.24 M |
$2.62 M |
$3.32 M |
$8.75 M |
$5.03 M |
$392,324.00 |
-$105,102.00 |
$48,436.00 |
| Gross Profit Ratio |
0.11 |
0.02 |
0.1 |
0.13 |
0.18 |
0.17 |
0.12 |
0.06 |
-0.02 |
0.04 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$254,857.00
|
$167,537.00
|
$139,680.00
|
| General & Administrative
Expenses |
$10.66 M
|
$10.91 M
|
$9.17 M
|
$5.49 M
|
$6.03 M
|
$6.32 M
|
$0.00
|
$2.06 M
|
$2.21 M
|
$3.34 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$6.04 M
|
$7.24 M
|
$7.02 M
|
$4.98 M
|
$594,794.00
|
$792,706.00
|
$285,909.00
|
| Selling, General &
Administrative Expenses |
$10.66 M
|
$10.91 M
|
$9.17 M
|
$5.49 M
|
$6.03 M
|
$6.32 M
|
$4.98 M
|
$2.65 M
|
$3.01 M
|
$3.63 M
|
| Other Expenses |
-$374,745.00 |
$2.57 M |
$872,000.00 |
$504,250.00 |
$479,720.00 |
-$6.72 M |
$0.00 |
$27,967.00 |
$36,334.00 |
$59,056.00 |
| Operating Expenses |
$11.52 M |
$13.48 M |
$10.04 M |
$5.99 M |
$6.51 M |
$6.63 M |
$4.98 M |
$2.94 M |
$3.21 M |
$3.83 M |
| Cost And Expenses |
$28.44 M |
$31.51 M |
$47.51 M |
$23.82 M |
$22.06 M |
$49.32 M |
$43.45 M |
$8.82 M |
$7.88 M |
$5.13 M |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$27,477.00 |
$289.50 |
$1.11 M |
$789,573.00 |
$989,478.00 |
$112,011.00 |
$83,498.00 |
| Interest Expense |
$5.04 M |
$2.26 M |
$716,000.00 |
$572,477.00 |
$536,932.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$1.42 M
|
$2.97 M
|
$1.24 M
|
$737,000.00
|
$776,047.00
|
$538,154.00
|
$274,614.00
|
$27,967.00
|
$36,334.00
|
$59,056.00
|
| EBITDA |
-$10.18 M
|
-$12.52 M
|
-$4.90 M
|
-$1.88 M
|
-$2.46 M
|
$2.67 M
|
$321,079.00
|
-$2.72 M
|
-$3.25 M
|
-$3.66 M
|
| EBITDA Ratio |
-0.42 |
-0.55 |
-0.11 |
-0.13 |
-0.13 |
0.05 |
0.01 |
-0.4 |
-0.72 |
-2.74 |
| Operating Income Ratio
|
-0.49
|
-0.71
|
-0.14
|
-0.16
|
-0.17
|
0.04
|
0
|
-0.41
|
-0.73
|
-3.08
|
| Total Other
Income/Expenses Net |
-$7.25 M
|
-$4.71 M
|
-$1.06 M
|
$3,000.00
|
-$579,227.88
|
-$1.43 M
|
-$377,830.20
|
-$405,645.23
|
-$55,502.61
|
$20,099.00
|
| Income Before Tax |
-$16.63 M |
-$17.75 M |
-$6.86 M |
-$3.38 M |
-$3.77 M |
$696,718.00 |
-$331,366.20 |
-$3.03 M |
-$3.37 M |
-$3.80 M |
| Income Before Tax Ratio
|
-0.87
|
-0.96
|
-0.16
|
-0.17
|
-0.2
|
0.01
|
-0.01
|
-0.48
|
-0.74
|
-2.8
|
| Income Tax Expense |
$5.04 M |
$202,000.00 |
$464,000.00 |
$76,853.00 |
$44,999.00 |
-$613,485.02 |
$627,891.00 |
$359,415.00 |
$84,588.00 |
$76,791.00 |
| Net Income |
-$16.63 M |
-$17.95 M |
-$7.32 M |
-$3.45 M |
-$3.82 M |
$696,718.00 |
-$331,366.20 |
-$3.03 M |
-$3.37 M |
-$3.80 M |
| Net Income Ratio |
-0.87 |
-0.97 |
-0.18 |
-0.17 |
-0.2 |
0.01 |
-0.01 |
-0.48 |
-0.74 |
-2.8 |
| EPS |
-0.36 |
-0.45 |
-0.24 |
-0.13 |
-0.16 |
0.029 |
-0.0149 |
-0.18 |
-0.24 |
-0.35 |
| EPS Diluted |
-0.36 |
-0.45 |
-0.24 |
-0.13 |
-0.16 |
0.028 |
-0.0139 |
-0.18 |
-0.24 |
-0.35 |
| Weighted Average Shares
Out |
$45.61 M
|
$39.65 M
|
$30.83 M
|
$25.76 M
|
$24.24 M
|
$24.02 M
|
$22.19 M
|
$16.82 M
|
$14.22 M
|
$10.86 M
|
| Weighted Average Shares
Out Diluted |
$45.61 M
|
$39.65 M
|
$30.83 M
|
$25.76 M
|
$24.24 M
|
$24.92 M
|
$23.92 M
|
$16.82 M
|
$14.22 M
|
$10.86 M
|
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