Vicinity Motor Corp
General ticker "VEV" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $887.4K
Vicinity Motor Corp does not follow the US Stock Market performance with the rate: -39.4%.
Estimated limits based on current volatility of 106.9%: low -0.00$, high 0.00$
Factors to consider:
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [0.52$, 1.36$]
- 2023-12-31 to 2024-12-30 estimated range: [0.42$, 1.11$]
Financial Metrics affecting the VEV estimates:
- Negative: Non-GAAP EPS, $ of -0.46 <= 0.10
- Negative: Operating profit margin, % of -41.37 <= 1.03
- Negative: Operating cash flow per share per price, % of -21.13 <= 2.35
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 3.03 <= 3.85
- Negative: 0 < Interest expense per share, $ of 0.06
- Positive: 2.14 < Industry operating profit margin (median), % of 5.08
Short-term VEV quotes
Long-term VEV plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 |
|---|---|---|
| Operating Revenue | $41.71MM | $18.48MM |
| Operating Expenses | $47.51MM | $31.51MM |
| Operating Income | $-5.80MM | $-13.04MM |
| Non-Operating Income | $-1.06MM | $-4.71MM |
| Interest Expense | $0.72MM | $2.26MM |
| Income(Loss) | $-6.86MM | $-17.75MM |
| Taxes | $0.46MM | $0.20MM |
| Profit(Loss) | $-7.32MM | $-17.95MM |
| Stockholders Equity | $34.24MM | $36.83MM |
| Inventory | $9.42MM | $10.07MM |
| Assets | $53.99MM | $55.03MM |
| Operating Cash Flow | $3.59MM | $-9.08MM |
| Investing Cash Flow | $-23.12MM | $-10.70MM |
| Financing Cash Flow | $22.95MM | $17.37MM |
| Earnings Per Share* | $-0.24 | $-0.45 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.