This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsVicinity Motor（VMC）株式概要ビシニティ・モーター・コーポレーションは、米国とカナダでビシニティ・ブランドのもと、公共・商業用の一連のトランジットバスを設計、製造、販売している。 詳細VMC ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性1/6配当金0/6リスク分析過去5年間で収益は年間44.1%減少しました。 意味のある時価総額がありません ( CA$4M )株式の流動性は非常に低い 最新の財務報告は6か月以上前のものである すべてのリスクチェックを見るVMC Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.0791.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-18m56m2016201920222025202620282031Revenue US$21.2mEarnings US$2.0mAdvancedSet Fair ValueView all narrativesVicinity Motor Corp. 競合他社Kelso TechnologiesSymbol: TSX:KLSMarket cap: CA$7.7mLimestone BoatSymbol: TSXV:BOATMarket cap: CA$598.3kGreenPower MotorSymbol: TSXV:GPVMarket cap: CA$4.4mWestport Fuel SystemsSymbol: TSX:WPRTMarket cap: CA$48.9m価格と性能株価の高値、安値、推移の概要Vicinity Motor過去の株価現在の株価CA$0.0752週高値CA$1.2752週安値CA$0.055ベータ0.311ヶ月の変化0%3ヶ月変化7.69%1年変化-93.97%3年間の変化-98.18%5年間の変化-95.29%IPOからの変化-95.76%最新ニュースお知らせ • Feb 22Vicinity Motor's Common Shares to be Delisted from TSX Venture Exchange as Result of Failure to Maintain Exchange RequirementsFurther to the TSX Venture Exchange Bulletin dated October 22, 2024, effective at the close of business on February 24, 2025, the common shares of the Vicinity Motor Corp. (the ‘Company’) will be delisted from TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements. Prior to delisting, the shares of the Company were subject to suspension from trading.お知らせ • Nov 01Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Composite IndexVicinity Motor Corp. has been dropped from the NASDAQ Composite Index .お知らせ • Oct 31Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Transportation IndexVicinity Motor Corp dropped from the NASDAQ Transportion Index.お知らせ • Oct 26+ 1 more updateVicinity Motor Corp. Announces Board ResignationsVicinity Motor Corp. announced that all members of the Board of Directors have resigned from the Company. On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia. Since the grant of Receivership, none of the Board Members has been contacted by the Receiver. As this appointment is considered a ‘Change of Control', the entire Board of Directors consisting of Joseph Miller, Andrew Imanse, William Trainer, Chris Strong, James White and John LaGourgue have resigned from the Board.お知らせ • Oct 23Vicinity Motor Receives Delisting Notice from Nasdaq Due to its Failure to Meet the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2)Vicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it has received a letter from the Nasdaq Listing Qualifications Department notifying the Company of its failure to meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The letter stated that as of October 21, 2024, the Company's stock had not regained compliance, as its shares continued to trade below $1. Additionally, the Company received a separate delisting determination based on its recent entry into receivership pursuant to the Order of the Supreme Court of British Columbia. In light of the receivership filing, Nasdaq has determined that delisting is also warranted under Listing Rules 5101, 5110(b), and IM-5101-1. The Company will not appeal the decision, and trading of its common shares will be suspended at the opening of business on October 31, 2024, with a Form 25-NSE filed with the Securities and Exchange Commission, removing Vicinity Motor Corp. from the Nasdaq Capital Market.New Risk • Aug 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$7.82m (US$5.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (CA$7.82m market cap, or US$5.70m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).最新情報をもっと見るRecent updatesお知らせ • Feb 22Vicinity Motor's Common Shares to be Delisted from TSX Venture Exchange as Result of Failure to Maintain Exchange RequirementsFurther to the TSX Venture Exchange Bulletin dated October 22, 2024, effective at the close of business on February 24, 2025, the common shares of the Vicinity Motor Corp. (the ‘Company’) will be delisted from TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements. Prior to delisting, the shares of the Company were subject to suspension from trading.お知らせ • Nov 01Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Composite IndexVicinity Motor Corp. has been dropped from the NASDAQ Composite Index .お知らせ • Oct 31Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Transportation IndexVicinity Motor Corp dropped from the NASDAQ Transportion Index.お知らせ • Oct 26+ 1 more updateVicinity Motor Corp. Announces Board ResignationsVicinity Motor Corp. announced that all members of the Board of Directors have resigned from the Company. On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia. Since the grant of Receivership, none of the Board Members has been contacted by the Receiver. As this appointment is considered a ‘Change of Control', the entire Board of Directors consisting of Joseph Miller, Andrew Imanse, William Trainer, Chris Strong, James White and John LaGourgue have resigned from the Board.お知らせ • Oct 23Vicinity Motor Receives Delisting Notice from Nasdaq Due to its Failure to Meet the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2)Vicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it has received a letter from the Nasdaq Listing Qualifications Department notifying the Company of its failure to meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The letter stated that as of October 21, 2024, the Company's stock had not regained compliance, as its shares continued to trade below $1. Additionally, the Company received a separate delisting determination based on its recent entry into receivership pursuant to the Order of the Supreme Court of British Columbia. In light of the receivership filing, Nasdaq has determined that delisting is also warranted under Listing Rules 5101, 5110(b), and IM-5101-1. The Company will not appeal the decision, and trading of its common shares will be suspended at the opening of business on October 31, 2024, with a Form 25-NSE filed with the Securities and Exchange Commission, removing Vicinity Motor Corp. from the Nasdaq Capital Market.New Risk • Aug 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$7.82m (US$5.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (CA$7.82m market cap, or US$5.70m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).お知らせ • Aug 01Vicinity Motor Corp. to Report Q2, 2024 Results on Aug 14, 2024Vicinity Motor Corp. announced that they will report Q2, 2024 results After-Market on Aug 14, 2024お知らせ • Jul 18+ 1 more updateVicinity Motor Corp. has filed a Follow-on Equity Offering in the amount of $2.5 million.Vicinity Motor Corp. has filed a Follow-on Equity Offering in the amount of $2.5 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,807,692 Price\Range: $0.52 Discount Per Security: $0.0312 Transaction Features: Registered Direct OfferingNew Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 44% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (CA$41.9m market cap, or US$30.6m).分析記事 • Jul 16Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)It's not a stretch to say that Vicinity Motor Corp.'s ( CVE:VMC ) price-to-sales (or "P/S") ratio of 1x right now seems...お知らせ • Jul 12Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric TruckVicinity Motor Corp. announced that the VMC 1200 class 3 electric truck has received certification from the California Air Resources Board (CARB) as a zero-emission vehicle for the 2024 Model Year. CARB certification allows the sale of the VMC 1200 in California, as well as other states that have adopted CARB standards including Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, Minnesota, Nevada, New Mexico, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia and Washington. With this certification, the VMC 1200 can now be sold in every U.S. state. In addition, CARB certification allows Vicinity to participate in California's HVIP incentive program, as well as comparable programs in other states, which provide incentives to reduce the purchase cost of commercial electric vehicles. In addition, the VMC 1200 now qualifies for various incentive programs - such as the HVIP program in California - which provide monetary vouchers to reduce the total cost for the purchaser.お知らせ • Jun 13Vicinity Motor Corp. Announces Chief Financial Officer ChangesVicinity Motor Corp. announced the appointment of Tina Stewart CPA, CA, a seasoned finance executive, as Chief Financial Officer, succeeding Dan Buckle. Tina Stewart is a respected finance executive with over 20 years of experience in a variety of industries including mining, telecommunications, container terminal operations, and renewable energy. She is skilled in all areas of finance including strategic business planning, public company reporting, treasury, capital allocation and finance transformation. Before joining Vicinity, Tina was VP of Finance, North America, for Drax Group, where she led a 60-person finance team to support the manufacturing of compressed wood pellets in North America. Previously she was VP, Finance for Global Container Terminals Inc., leading treasury, business planning and capital allocation functions across the company. She has also held senior finance positions at Rogers Communications and Barrick Gold Corporation. Tina is a designated Chartered Professional Accountant in Canada and has an Honours Bachelor of Arts, Specialist in Economics from the University of Toronto, Concurrently with Tina's appointment, prior CFO Dan Buckle elected to resign due to personal reasons. As Chief Financial Officer of Vicinity, Tina will provide financial leadership to assist in building on the Company's goal of delivering value to its shareholders by implementing short, medium and long-term planning, risk management, corporate strategic development, system implementation, regulatory compliance reporting, internal controls and tax advisory.お知らせ • Jun 06Vicinity Motor Corp. Appoints Jeff Madura as Senior Director of SalesVicinity Motor Corp. announced the appointment of Jeff Madura, a veteran commercial vehicle sales executive, as Senior Director of Sales to lead the Company's sales activities throughout North America. Jeff Madura has over 29 years of experience in the transit bus industry as an experienced general manager of national teams focused on bus sales, business development, alternative fuels and zero emission vehicles, technical sales, and dealer sales. Prior to joining Vicinity, he was Director of Public Sector Sales for North America for Van Hool NV of Belgium, where he led strategic development of Van Hool's North American transit and motorcoach markets and directed the company's interest in alternative fuels and zero emission vehicles. Previously he led Master's Transportation municipal and government sales team as Director. He has also held sales and leadership positions with manufacturing OEM's and Tier 1 commercial suppliers.Reported Earnings • May 16First quarter 2024 earnings released: US$0.081 loss per share (vs US$0.054 loss in 1Q 2023)First quarter 2024 results: US$0.081 loss per share (further deteriorated from US$0.054 loss in 1Q 2023). Revenue: US$13.2m (up 400% from 1Q 2023). Net loss: US$3.72m (loss widened 53% from 1Q 2023). Revenue is forecast to grow 80% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.お知らせ • May 09Vicinity Motor Corp. to Report Q1, 2024 Results on May 14, 2024Vicinity Motor Corp. announced that they will report Q1, 2024 results After-Market on May 14, 2024お知らせ • Apr 25Vicinity Motor Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price RuleVicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it received a letter from The Nasdaq Stock Market LLC (‘Nasdaq’), dated April 23, 2024, notifying the Company that Nasdaq has determined that the Company is eligible for an additional 180 calendar day period to regain compliance with Nasdaq's minimum USD 1.00 bid price per share requirement for continued listing on The Nasdaq Capital Market as set forth under Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Requirement’), following the expiration on April 22, 2024 of the initial 180 calendar day period to regain compliance. As previously disclosed, the Company was initially notified by Nasdaq on October 24, 2023 that the Company was not in compliance with the Bid Price Requirement for a period of 30 consecutive business days, and Nasdaq granted the Company a period of 180 calendar days, or until April 22, 2024, to regain compliance with the Bid Price Requirement. As a result of the extension, the Company now has until October 21, 2024, to regain compliance with the Bid Price Requirement. To regain compliance, the Company's common shares must have a closing bid price of at least USD 1.00 per share for a minimum of 10 consecutive business days, at which point the matter will be closed. The receipt of the letter from Nasdaq has no immediate effect on the listing or trading of the Company's shares, which will continue to trade on The Nasdaq Capital Market under the symbol ‘VEV.’ The Company will monitor the closing price for its common shares during the extended compliance period and intends to take all reasonable measures available to regain compliance under the Bid Price Requirement and to maintain the listing of its common shares on The Nasdaq Capital Market.お知らせ • Apr 19Vicinity Motor Corp. Appoints Brent Phillips as PresidentVicinity Motor Corp. commenced its next phase of growth with the appointment of Brent Phillips as President. As President, Phillips will lead the sales, assembly, procurement, and engineering teams, while also clearly setting the direction and expansion of the company's sales and operations programs. To this end, the Company has commenced a strategic plan that, among other initiatives, will concentrate efforts on: Executing the plan to bring production of the Vicinity Lightning electric bus to Ferndale, WA; Enhancing the Company's existing VMC 1200 Dealer network across Canada to ensure fleets have access to Canada's only purpose built, fully-electric work truck, and that Dealers have the appropriate support for vehicle sales and service; and Initiating the launch strategy for a network of VMC 1200 Dealers across the U.S. Brent Phillips brings more than 30 years of experience in the commercial transportation field including previous leadership roles in distribution and manufacturing including operations, sales, and marketing. Prior to joining Vicinity in 2021, Phillips served as General Manager at Alliance Bus Group, a leading bus distributor. Before Alliance, Phillips was the Vice President of Sales, Commercial Bus Group at REV Group where he was responsible for multiple brands and distribution channels with two manufacturing facilities producing over 3,000 custom units per year. Additionally, Phillips has spent time with Velocity Vehicle Group as Vice President of Sales for the BusWest division.Reported Earnings • Apr 03Full year 2023 earnings released: US$0.36 loss per share (vs US$0.45 loss in FY 2022)Full year 2023 results: US$0.36 loss per share (improved from US$0.45 loss in FY 2022). Revenue: US$19.1m (up 3.1% from FY 2022). Net loss: US$16.6m (loss narrowed 7.3% from FY 2022). Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.分析記事 • Apr 02Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share PriceWhen close to half the companies in the Machinery industry in Canada have price-to-sales ratios (or "P/S") below 1.1x...お知らせ • Mar 20Vicinity Motor Corp. to Report Q4, 2023 Results on Mar 28, 2024Vicinity Motor Corp. announced that they will report Q4, 2023 results After-Market on Mar 28, 2024Reported Earnings • Nov 16Third quarter 2023 earnings released: US$0.096 loss per share (vs US$0.19 loss in 3Q 2022)Third quarter 2023 results: US$0.096 loss per share (improved from US$0.19 loss in 3Q 2022). Revenue: US$6.49m (up 328% from 3Q 2022). Net loss: US$4.39m (loss narrowed 41% from 3Q 2022). Revenue is forecast to grow 170% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.お知らせ • Nov 08Vicinity Motor Corp. to Report Q3, 2023 Results on Nov 13, 2023Vicinity Motor Corp. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023お知らせ • Oct 26Vicinity Motor Corp. Receives NASDAQ Notification Letter Regarding Minimum Bid Price DeficiencyVicinity Motor Corp. announced that it has received a notification letter from the Nasdaq Stock Market LLC (the "NASDAQ") dated October 24, 2023, notifying the Company that due to its closing bid price being below USD 1.00 per share for 30 consecutive days, it is not in compliance with the minimum bid price requirement as set under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. In accordance with the NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until April 22, 2024, to regain compliance with NASDAQ Listing Rule 5550(a)(2). To regain compliance, the Company's shares must have a closing bid price of at least USD 1.00 for a minimum of 10 consecutive business days, at which point the matter will be closed. In the event that the Company does not regain compliance by April 22, 2024 the Company may be eligible for an additional 180-day period to regain compliance. The receipt of the Notification Letter has no immediate effect on the listing of the Company's shares, which will continue to trade uninterrupted on NASDAQ under the ticker "VEV". The Company will monitor the closing price for its common stock during the compliance period and intends to take all reasonable measures available to regain compliance under the NASDAQ Listing Rules and to maintain the listing of its common stock on the Nasdaq Capital Market.お知らせ • Oct 07Vicinity Motor Corp., Annual General Meeting, Dec 15, 2023Vicinity Motor Corp., Annual General Meeting, Dec 15, 2023.お知らせ • Aug 19Vicinity Motor Corp. to Exhibit Electric Vehicle Lineup At the Fully Charged Live Event in Vancouver from September 8-10, 2023Vicinity Motor Corp. announced that it will showcase the VMC 1200 Class 3 Electric Truck and Vicinity Lightning electric bus at the Fully Charged LIVE Canada event taking place September 8-10, 2023 at the Vancouver Convention Centre in Vancouver, Canada. Fully Charged - the world's number 1 home energy and electric vehicle channel - is bringing its Fully Charged LIVE event to Canada for the first time at the Vancouver Convention Centre in Vancouver, BC. The event will host quality exhibits and attractions to thousands of attendees. Founded and hosted by Robert Llewellyn (Red Dwarf, Scrapheap Challenge, Carpool), the Fully Charged LIVE event is not solely about Electric Cars, but Electric Vehicles of all shapes and sizes, as well as home energy solutions. Fully Charged LIVE. Date: September 8-10, 2023. Location: Vancouver Convention Centre, British Columbia, Canada. Vehicles on Display: VMC 1200 Class 3 Electric Truck, Vicinity Lightning Electric Bus.Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.015 loss per share (vs US$0.10 loss in 2Q 2022)Second quarter 2023 results: US$0.015 loss per share (improved from US$0.10 loss in 2Q 2022). Revenue: US$4.82m (down 59% from 2Q 2022). Net loss: US$701.0k (loss narrowed 82% from 2Q 2022). Revenue is forecast to grow 151% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Aug 09+ 1 more updateVicinity Motor Corp. to Report Q2, 2023 Results on Aug 14, 2023Vicinity Motor Corp. announced that they will report Q2, 2023 results After-Market on Aug 14, 2023分析記事 • Jul 21Is Vicinity Motor (CVE:VMC) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • May 17First quarter 2023 earnings released: US$0.054 loss per share (vs US$0.082 loss in 1Q 2022)First quarter 2023 results: US$0.054 loss per share (improved from US$0.082 loss in 1Q 2022). Revenue: US$2.65m (down 17% from 1Q 2022). Net loss: US$2.44m (loss narrowed 16% from 1Q 2022). Revenue is forecast to grow 113% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • May 09Vicinity Motor Corp. to Report Q1, 2023 Results on May 15, 2023Vicinity Motor Corp. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2023Reported Earnings • Apr 02Full year 2022 earnings released: US$0.45 loss per share (vs US$0.24 loss in FY 2021)Full year 2022 results: US$0.45 loss per share (further deteriorated from US$0.24 loss in FY 2021). Revenue: US$18.5m (down 56% from FY 2021). Net loss: US$17.9m (loss widened 145% from FY 2021). Revenue is forecast to grow 93% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Nov 09Vicinity Motor Corp. to Report Q3, 2022 Results on Nov 15, 2022Vicinity Motor Corp. announced that they will report Q3, 2022 results After-Market on Nov 15, 2022Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Recent Insider Transactions • Oct 19Independent Director recently bought CA$58k worth of stockOn the 11th of October, James White bought around 50k shares on-market at roughly CA$1.15 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$59k. Insiders have collectively bought CA$660k more in shares than they have sold in the last 12 months.お知らせ • Oct 15Vicinity Motor Corp., Annual General Meeting, Dec 22, 2022Vicinity Motor Corp., Annual General Meeting, Dec 22, 2022.Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Recent Insider Transactions • Sep 09Independent Director recently bought CA$59k worth of stockOn the 1st of September, James White bought around 36k shares on-market at roughly CA$1.63 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$806k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.10 loss per share (vs US$0.012 loss in 2Q 2021)Second quarter 2022 results: US$0.10 loss per share (down from US$0.012 loss in 2Q 2021). Revenue: US$11.7m (down 24% from 2Q 2021). Net loss: US$3.79m (loss widened US$3.45m from 2Q 2021). Over the next year, revenue is forecast to grow 604%, compared to a 66% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Aug 03Vicinity Motor Corp. to Report Q2, 2022 Results on Aug 15, 2022Vicinity Motor Corp. announced that they will report Q2, 2022 results After-Market on Aug 15, 2022分析記事 • May 24Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • May 18Vicinity Motor Corp. Revises Earnings Guidance for the Fiscal Year 2022Vicinity Motor Corp. revised earnings guidance for the fiscal year 2022. For the year, the company expects revenue to be in the range of $70 million $90 million.Reported Earnings • May 17First quarter 2022 earnings released: US$0.082 loss per share (vs US$0.057 profit in 1Q 2021)First quarter 2022 results: US$0.082 loss per share (down from US$0.057 profit in 1Q 2021). Revenue: US$3.18m (down 85% from 1Q 2021). Net loss: US$2.89m (down 278% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 411%, compared to a 142% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • May 05Vicinity Motor Corp. to Report Q1, 2022 Results on May 16, 2022Vicinity Motor Corp. announced that they will report Q1, 2022 results After-Market on May 16, 2022Recent Insider Transactions • Apr 06Independent Director recently bought CA$229k worth of stockOn the 4th of April, James White bought around 78k shares on-market at roughly CA$2.93 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$862k more in shares than they have sold in the last 12 months.Reported Earnings • Mar 31Full year 2021 earnings released: US$0.24 loss per share (vs US$0.13 loss in FY 2020)Full year 2021 results: US$0.24 loss per share (down from US$0.13 loss in FY 2020). Revenue: US$41.7m (up 104% from FY 2020). Net loss: US$7.32m (loss widened 112% from FY 2020). Over the next year, revenue is forecast to grow 96%, compared to a 115% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Mar 31Vicinity Motor Corp. has completed a Composite Units Offering in the amount of $12.000002 million.Vicinity Motor Corp. has completed a Composite Units Offering in the amount of $12.000002 million. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 4,444,445 Price\Range: $2.7 Discount Per Security: $0.189 Transaction Features: Registered Direct Offeringお知らせ • Feb 11Vicinity Motor Corp. Announces the Receipt of an Initial CAD 2,570,000 Million Grant from Sustainable Development Technology CanadaVicinity Motor Corp. announced the receipt of an initial CAD 2,570,000 million grant from Sustainable Development Technology Canada (SDTC), a foundation created by the Canadian government, for the development of zero-emission transit busses.Recent Insider Transactions • Jan 16Independent Director recently bought CA$85k worth of stockOn the 13th of January, James White bought around 20k shares on-market at roughly CA$4.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$489k more in shares than they have sold in the last 12 months.Reported Earnings • Nov 17Third quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.052 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$2.92m (down 67% from 3Q 2020). Net loss: CA$4.80m (loss widened 266% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Sep 29Vicinity Motor Corp. announced that it expects to receive CAD 9.85 million in fundingVicinity Motor Corp. announced a non-brokered financing of 10,000 unsecured debenture units at the price of CAD 985 per unit for gross proceeds of CAD 9,850,000 on September 27, 2021. The principal amount of debenture is CAD 10,000,000. The offering of the units is subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange, and the company expects to complete an initial closing of the offering shortly. Each unit will consist of one 8% unsecured convertible debenture of the company in the principal amount of CAD 1,000 with interest payable upon maturity being 12 months from the date the debentures are issued and 40 common share purchase warrants expiring 12 months after the date of issuance of such warrants. The debentures will be repaid in cash at maturity. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 7.50 per warrant share at any time up to 12 months following the closing date of the offering, subject to adjustment in certain events. The debentures, in whole or in part, will be convertible into common shares of the Company at the option of the holder only if there is an event of default (as defined in the Debentures) that is uncured for a period of ten (10) business days, at a conversion price equal to the market price on the date the event of default. Holders converting their Debentures will receive accrued and unpaid interest thereon to the date of actual conversion. The company will have the right at any time, on 10 days' notice, to prepay the Debentures, in whole or in part, pro rata among the holders. The repayment shall be in cash, against the principal amount of the Debenture plus accrued and unpaid interest. The Company anticipates paying an administrative fee(s) of 0.5% of the funds raised, or a portion thereof, to eligible parties under applicable securities laws. The debentures, warrants and the common shares issuable upon the exercise of the warrants will be subject to a statutory resale restriction of four months and one day from the date of closing. The company may pay finders' fees in accordance with TSXV policies.Recent Insider Transactions • Sep 16Independent Director recently bought CA$102k worth of stockOn the 13th of September, James White bought around 18k shares on-market at roughly CA$5.52 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$297k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.013 loss per share (vs CA$0.031 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$19.1m (up 120% from 2Q 2020). Net loss: CA$388.0k (loss narrowed 51% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.分析記事 • Aug 10Is Vicinity Motor (CVE:VMC) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Recent Insider Transactions • Jul 15Independent Director recently bought CA$59k worth of stockOn the 12th of July, James White bought around 7k shares on-market at roughly CA$8.46 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$53k more in shares than they have sold in the last 12 months.お知らせ • Jun 23Vicinity Motor Corp. Announces Product Specifications for the New VMC 1200Vicinity Motor Corp. released specifications for the new VMC 1200, a fully electric Class 3 medium-duty commercial truck. Powered by a cutting edge 150 kWh Li-Ion battery and an electrical powertrain that provides up to 150 kWh of power and 800 Ft Lbs. of torque, the VMC 1200 has a 6,000-pound load capacity and an expected range up to 150 miles on a single charge. The medium duty electric truck leverages Vicinity's proven EV experience in a popular cab-over design at an attractive price, making it well suited for urban environments and construction or delivery applications. Standard features include driver conveniences including a high-back comfort seat, keyless entry, air conditioning, power windows and door locks, 3-person seating and the ability to use the battery for on-site power, eliminating the need to transport large, noisy generators. The vehicle is capable of fully charging from a level 3 EV fast charger in 2.5 hours and from a standard level 2 charger in as little as 5 hours.お知らせ • Jun 08Vicinity Motor Receives $300,000 in Washington State Department of Commerce Economic Development Strategic Reserve Fund (SRF) GrantVicinity Motor Corp. announced that the Washington State Department of Commerce has awarded the Regional Economic Partnership (REP) at the Port of Bellingham (Port) with a $300,000 economic development strategic reserve fund (SRF) grant to assist Vicinity in building its new Vicinity LightningTM EV bus assembly facility in Whatcom County, Washington. The economic development grant from the Washington State Department of Commerce is part of a larger group of state grants focused on high impact investments in the areas of innovation, sustainability and resilience.Reported Earnings • May 19First quarter 2021 earnings released: EPS CA$0.071 (vs CA$0.069 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$27.3m (up CA$23.3m from 1Q 2020). Net income: CA$2.04m (up CA$3.77m from 1Q 2020). Profit margin: 7.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.分析記事 • Apr 14Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • Apr 03Full year 2020 earnings released: CA$0.17 loss per share (vs CA$0.21 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$26.1m (up 5.8% from FY 2019). Net loss: CA$4.40m (loss narrowed 12% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance.お知らせ • Apr 03Vicinity Motor Corp. Provides Operating and Financial Guidance the First Quarter of 2021 and Operating Guidance the First Half of 2021Vicinity Motor Corp. provided operating and financial guidance the first quarter of 2021 and operating guidance the first half of 2021. The company expects to deliver over 50 Vicinity buses in the first quarter of 2021, driving quarterly revenues of approximately $25 million, with a total of over 100 bus deliveries expected in the first half of 2021.お知らせ • Mar 10Grande West Transportation Group Inc Announces Executive ChangesGrande West Transportation Group Inc. announced that it has appointed respected industry veteran and prominent Canadian transit leader Manuel Achadinha as Chief Operating Officer. Mr. Achadinha will succeed Jonathan Leskewich, who has transitioned to a focus on product development. For over 25 years, Mr. Achadinha has built a reputation within the transportation industry for his strong work ethic, results-oriented drive and exceptional ability to forge and maintain strategic alliances. Mr. Achadinha was previously President and CEO of BC Transit from 2008 to 2018, where he led the development and implementation of BC Transit's evolving business strategy. He represented BC Transit with riders around the province, as well as partners, businesses, government leaders and other key external groups.Recent Insider Transactions Derivative • Mar 10VP of Corporate Development & Director exercised options to buy CA$417k worth of stock.On the 8th of March, John LaGourgue exercised options to buy 150k shares at a strike price of around CA$0.56, costing a total of CA$84k. This transaction amounted to 26% of their direct individual holding at the time of the trade. Since June 2020, John's direct individual holding has increased from 354.13k shares to 674.13k. Company insiders have collectively bought CA$47k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Feb 24State of New Mexico Selects Grande West Transportation Group Inc.'s Vicinity BusesGrande West Transportation Group Inc. announced the State of New Mexico has selected Vicinity buses in a statewide purchasing contract that gives State transit agencies the right to purchase directly from the Company's diverse bus portfolio. Vehicles for selection will be produced from Grande West's "Buy American Act" compliant assembly facility in Washington state, which will be capable of producing 1,000 electric, CNG, gas and clean-diesel units annually across all sizes and powertrains.お知らせ • Feb 23Grande West Transportation Group Inc. Enters into Strategic U.S. Distribution Agreement with ABC CompaniesGrande West Transportation Group Inc. announced that it has entered into a strategic U.S. distribution agreement with ABC Companies. The ABC distributorship supports Grande West’s focus on U.S. expansion as it begins marketing the fully Buy America compliant Vicinity™ heavy duty mid-size bus, the Vicinity Lightning™ EV and Vicinity™ LT light duty models to new and existing customers. Under the new agreement, ABC Companies, transit and specialty passenger transport equipment in the USA and Canada, will distribute the manufacturer’s Vicinity™ heavy-duty vehicles throughout the Western United States from Texas to California. The Vicinity line fills in key transit and private shuttle markets within the ABC portfolio of new vehicles for these locations, enhancing the offering to current customers while expanding to other sectors.分析記事 • Jan 27The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are DelightedFor many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly...Recent Insider Transactions Derivative • Jan 24VP of Corporate Development & Director exercised options to buy CA$630k worth of stock.On the 20th of January, John LaGourgue exercised options to buy 150.00k shares at a strike price of around CA$0.58, costing a total of CA$87k. This transaction amounted to 35% of their direct individual holding at the time of the trade. Since June 2020, John's direct individual holding has increased from 354.13k shares to 424.13k. Company insiders have collectively bought CA$237k more than they sold, via options and on-market transactions, in the last 12 months.Is New 90 Day High Low • Jan 12New 90-day high: CA$2.55The company is up 193% from its price of CA$0.87 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 53% over the same period.株主還元VMCCA MachineryCA 市場7D0%0.5%-0.07%1Y-94.0%24.3%33.7%株主還元を見る業界別リターン: VMC過去 1 年間で24.3 % の収益を上げたCanadian Machinery業界を下回りました。リターン対市場: VMCは、過去 1 年間で33.7 % のリターンを上げたCanadian市場を下回りました。価格変動Is VMC's price volatile compared to industry and market?VMC volatilityVMC Average Weekly Movementn/aMachinery Industry Average Movement6.8%Market Average Movement10.3%10% most volatile stocks in CA Market18.1%10% least volatile stocks in CA Market3.9%安定した株価: VMCの株価は、 Canadian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のVMCのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト200857William Trainervicinitymotorcorp.comビシニティ・モーター・コーポレーションは、米国とカナダでビシニティ・ブランドの公共・商業用トランジットバスを設計、製造、販売している。電気バス、CNGバス、クリーンディーゼルバス、電気トラック、スペアパーツを提供している。旧社名はグランデ・ウエスト・トランスポーテーション・グループ社で、2021年3月にビシニティ・モーター社に社名変更した。同社は2008年に設立され、カナダのオルダグローブに本社を置いている。もっと見るVicinity Motor Corp. 基礎のまとめVicinity Motor の収益と売上を時価総額と比較するとどうか。VMC 基礎統計学時価総額CA$3.53m収益（TTM）-CA$25.92m売上高(TTM)CA$42.87m0.1xP/Sレシオ-0.1xPER（株価収益率VMC は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計VMC 損益計算書（TTM）収益US$29.64m売上原価US$26.09m売上総利益US$3.55mその他の費用US$21.46m収益-US$17.92m直近の収益報告Mar 31, 2024次回決算日該当なし一株当たり利益（EPS）-0.35グロス・マージン11.97%純利益率-60.46%有利子負債／自己資本比率202.9%VMC の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/01/18 17:32終値2024/10/21 00:00収益2024/03/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vicinity Motor Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Charles FrattAlliance Global PartnersAhmad ShaathBeacon Securities Limited
お知らせ • Feb 22Vicinity Motor's Common Shares to be Delisted from TSX Venture Exchange as Result of Failure to Maintain Exchange RequirementsFurther to the TSX Venture Exchange Bulletin dated October 22, 2024, effective at the close of business on February 24, 2025, the common shares of the Vicinity Motor Corp. (the ‘Company’) will be delisted from TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements. Prior to delisting, the shares of the Company were subject to suspension from trading.
お知らせ • Nov 01Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Composite IndexVicinity Motor Corp. has been dropped from the NASDAQ Composite Index .
お知らせ • Oct 31Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Transportation IndexVicinity Motor Corp dropped from the NASDAQ Transportion Index.
お知らせ • Oct 26+ 1 more updateVicinity Motor Corp. Announces Board ResignationsVicinity Motor Corp. announced that all members of the Board of Directors have resigned from the Company. On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia. Since the grant of Receivership, none of the Board Members has been contacted by the Receiver. As this appointment is considered a ‘Change of Control', the entire Board of Directors consisting of Joseph Miller, Andrew Imanse, William Trainer, Chris Strong, James White and John LaGourgue have resigned from the Board.
お知らせ • Oct 23Vicinity Motor Receives Delisting Notice from Nasdaq Due to its Failure to Meet the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2)Vicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it has received a letter from the Nasdaq Listing Qualifications Department notifying the Company of its failure to meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The letter stated that as of October 21, 2024, the Company's stock had not regained compliance, as its shares continued to trade below $1. Additionally, the Company received a separate delisting determination based on its recent entry into receivership pursuant to the Order of the Supreme Court of British Columbia. In light of the receivership filing, Nasdaq has determined that delisting is also warranted under Listing Rules 5101, 5110(b), and IM-5101-1. The Company will not appeal the decision, and trading of its common shares will be suspended at the opening of business on October 31, 2024, with a Form 25-NSE filed with the Securities and Exchange Commission, removing Vicinity Motor Corp. from the Nasdaq Capital Market.
New Risk • Aug 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$7.82m (US$5.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (CA$7.82m market cap, or US$5.70m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).
お知らせ • Feb 22Vicinity Motor's Common Shares to be Delisted from TSX Venture Exchange as Result of Failure to Maintain Exchange RequirementsFurther to the TSX Venture Exchange Bulletin dated October 22, 2024, effective at the close of business on February 24, 2025, the common shares of the Vicinity Motor Corp. (the ‘Company’) will be delisted from TSX Venture Exchange as a result of the Company's failure to maintain Exchange Requirements. Prior to delisting, the shares of the Company were subject to suspension from trading.
お知らせ • Nov 01Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Composite IndexVicinity Motor Corp. has been dropped from the NASDAQ Composite Index .
お知らせ • Oct 31Vicinity Motor Corp.(OTCPK:VEVM.Q) dropped from NASDAQ Transportation IndexVicinity Motor Corp dropped from the NASDAQ Transportion Index.
お知らせ • Oct 26+ 1 more updateVicinity Motor Corp. Announces Board ResignationsVicinity Motor Corp. announced that all members of the Board of Directors have resigned from the Company. On October 21, 2024 Royal Bank of Canada was granted a petition for Receivership of Vicinity Motor Corp. by the Superior Court of British Columbia. Since the grant of Receivership, none of the Board Members has been contacted by the Receiver. As this appointment is considered a ‘Change of Control', the entire Board of Directors consisting of Joseph Miller, Andrew Imanse, William Trainer, Chris Strong, James White and John LaGourgue have resigned from the Board.
お知らせ • Oct 23Vicinity Motor Receives Delisting Notice from Nasdaq Due to its Failure to Meet the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2)Vicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it has received a letter from the Nasdaq Listing Qualifications Department notifying the Company of its failure to meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The letter stated that as of October 21, 2024, the Company's stock had not regained compliance, as its shares continued to trade below $1. Additionally, the Company received a separate delisting determination based on its recent entry into receivership pursuant to the Order of the Supreme Court of British Columbia. In light of the receivership filing, Nasdaq has determined that delisting is also warranted under Listing Rules 5101, 5110(b), and IM-5101-1. The Company will not appeal the decision, and trading of its common shares will be suspended at the opening of business on October 31, 2024, with a Form 25-NSE filed with the Securities and Exchange Commission, removing Vicinity Motor Corp. from the Nasdaq Capital Market.
New Risk • Aug 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$7.82m (US$5.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (CA$7.82m market cap, or US$5.70m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding).
お知らせ • Aug 01Vicinity Motor Corp. to Report Q2, 2024 Results on Aug 14, 2024Vicinity Motor Corp. announced that they will report Q2, 2024 results After-Market on Aug 14, 2024
お知らせ • Jul 18+ 1 more updateVicinity Motor Corp. has filed a Follow-on Equity Offering in the amount of $2.5 million.Vicinity Motor Corp. has filed a Follow-on Equity Offering in the amount of $2.5 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,807,692 Price\Range: $0.52 Discount Per Security: $0.0312 Transaction Features: Registered Direct Offering
New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 44% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (CA$41.9m market cap, or US$30.6m).
分析記事 • Jul 16Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)It's not a stretch to say that Vicinity Motor Corp.'s ( CVE:VMC ) price-to-sales (or "P/S") ratio of 1x right now seems...
お知らせ • Jul 12Vicinity Motor Corp. Announces CARB Certification for VMC 1200 Class 3 Electric TruckVicinity Motor Corp. announced that the VMC 1200 class 3 electric truck has received certification from the California Air Resources Board (CARB) as a zero-emission vehicle for the 2024 Model Year. CARB certification allows the sale of the VMC 1200 in California, as well as other states that have adopted CARB standards including Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, Minnesota, Nevada, New Mexico, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia and Washington. With this certification, the VMC 1200 can now be sold in every U.S. state. In addition, CARB certification allows Vicinity to participate in California's HVIP incentive program, as well as comparable programs in other states, which provide incentives to reduce the purchase cost of commercial electric vehicles. In addition, the VMC 1200 now qualifies for various incentive programs - such as the HVIP program in California - which provide monetary vouchers to reduce the total cost for the purchaser.
お知らせ • Jun 13Vicinity Motor Corp. Announces Chief Financial Officer ChangesVicinity Motor Corp. announced the appointment of Tina Stewart CPA, CA, a seasoned finance executive, as Chief Financial Officer, succeeding Dan Buckle. Tina Stewart is a respected finance executive with over 20 years of experience in a variety of industries including mining, telecommunications, container terminal operations, and renewable energy. She is skilled in all areas of finance including strategic business planning, public company reporting, treasury, capital allocation and finance transformation. Before joining Vicinity, Tina was VP of Finance, North America, for Drax Group, where she led a 60-person finance team to support the manufacturing of compressed wood pellets in North America. Previously she was VP, Finance for Global Container Terminals Inc., leading treasury, business planning and capital allocation functions across the company. She has also held senior finance positions at Rogers Communications and Barrick Gold Corporation. Tina is a designated Chartered Professional Accountant in Canada and has an Honours Bachelor of Arts, Specialist in Economics from the University of Toronto, Concurrently with Tina's appointment, prior CFO Dan Buckle elected to resign due to personal reasons. As Chief Financial Officer of Vicinity, Tina will provide financial leadership to assist in building on the Company's goal of delivering value to its shareholders by implementing short, medium and long-term planning, risk management, corporate strategic development, system implementation, regulatory compliance reporting, internal controls and tax advisory.
お知らせ • Jun 06Vicinity Motor Corp. Appoints Jeff Madura as Senior Director of SalesVicinity Motor Corp. announced the appointment of Jeff Madura, a veteran commercial vehicle sales executive, as Senior Director of Sales to lead the Company's sales activities throughout North America. Jeff Madura has over 29 years of experience in the transit bus industry as an experienced general manager of national teams focused on bus sales, business development, alternative fuels and zero emission vehicles, technical sales, and dealer sales. Prior to joining Vicinity, he was Director of Public Sector Sales for North America for Van Hool NV of Belgium, where he led strategic development of Van Hool's North American transit and motorcoach markets and directed the company's interest in alternative fuels and zero emission vehicles. Previously he led Master's Transportation municipal and government sales team as Director. He has also held sales and leadership positions with manufacturing OEM's and Tier 1 commercial suppliers.
Reported Earnings • May 16First quarter 2024 earnings released: US$0.081 loss per share (vs US$0.054 loss in 1Q 2023)First quarter 2024 results: US$0.081 loss per share (further deteriorated from US$0.054 loss in 1Q 2023). Revenue: US$13.2m (up 400% from 1Q 2023). Net loss: US$3.72m (loss widened 53% from 1Q 2023). Revenue is forecast to grow 80% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
お知らせ • May 09Vicinity Motor Corp. to Report Q1, 2024 Results on May 14, 2024Vicinity Motor Corp. announced that they will report Q1, 2024 results After-Market on May 14, 2024
お知らせ • Apr 25Vicinity Motor Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price RuleVicinity Motor Corp. (‘Vicinity’ or the ‘Company’) announced that it received a letter from The Nasdaq Stock Market LLC (‘Nasdaq’), dated April 23, 2024, notifying the Company that Nasdaq has determined that the Company is eligible for an additional 180 calendar day period to regain compliance with Nasdaq's minimum USD 1.00 bid price per share requirement for continued listing on The Nasdaq Capital Market as set forth under Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Requirement’), following the expiration on April 22, 2024 of the initial 180 calendar day period to regain compliance. As previously disclosed, the Company was initially notified by Nasdaq on October 24, 2023 that the Company was not in compliance with the Bid Price Requirement for a period of 30 consecutive business days, and Nasdaq granted the Company a period of 180 calendar days, or until April 22, 2024, to regain compliance with the Bid Price Requirement. As a result of the extension, the Company now has until October 21, 2024, to regain compliance with the Bid Price Requirement. To regain compliance, the Company's common shares must have a closing bid price of at least USD 1.00 per share for a minimum of 10 consecutive business days, at which point the matter will be closed. The receipt of the letter from Nasdaq has no immediate effect on the listing or trading of the Company's shares, which will continue to trade on The Nasdaq Capital Market under the symbol ‘VEV.’ The Company will monitor the closing price for its common shares during the extended compliance period and intends to take all reasonable measures available to regain compliance under the Bid Price Requirement and to maintain the listing of its common shares on The Nasdaq Capital Market.
お知らせ • Apr 19Vicinity Motor Corp. Appoints Brent Phillips as PresidentVicinity Motor Corp. commenced its next phase of growth with the appointment of Brent Phillips as President. As President, Phillips will lead the sales, assembly, procurement, and engineering teams, while also clearly setting the direction and expansion of the company's sales and operations programs. To this end, the Company has commenced a strategic plan that, among other initiatives, will concentrate efforts on: Executing the plan to bring production of the Vicinity Lightning electric bus to Ferndale, WA; Enhancing the Company's existing VMC 1200 Dealer network across Canada to ensure fleets have access to Canada's only purpose built, fully-electric work truck, and that Dealers have the appropriate support for vehicle sales and service; and Initiating the launch strategy for a network of VMC 1200 Dealers across the U.S. Brent Phillips brings more than 30 years of experience in the commercial transportation field including previous leadership roles in distribution and manufacturing including operations, sales, and marketing. Prior to joining Vicinity in 2021, Phillips served as General Manager at Alliance Bus Group, a leading bus distributor. Before Alliance, Phillips was the Vice President of Sales, Commercial Bus Group at REV Group where he was responsible for multiple brands and distribution channels with two manufacturing facilities producing over 3,000 custom units per year. Additionally, Phillips has spent time with Velocity Vehicle Group as Vice President of Sales for the BusWest division.
Reported Earnings • Apr 03Full year 2023 earnings released: US$0.36 loss per share (vs US$0.45 loss in FY 2022)Full year 2023 results: US$0.36 loss per share (improved from US$0.45 loss in FY 2022). Revenue: US$19.1m (up 3.1% from FY 2022). Net loss: US$16.6m (loss narrowed 7.3% from FY 2022). Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.
分析記事 • Apr 02Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share PriceWhen close to half the companies in the Machinery industry in Canada have price-to-sales ratios (or "P/S") below 1.1x...
お知らせ • Mar 20Vicinity Motor Corp. to Report Q4, 2023 Results on Mar 28, 2024Vicinity Motor Corp. announced that they will report Q4, 2023 results After-Market on Mar 28, 2024
Reported Earnings • Nov 16Third quarter 2023 earnings released: US$0.096 loss per share (vs US$0.19 loss in 3Q 2022)Third quarter 2023 results: US$0.096 loss per share (improved from US$0.19 loss in 3Q 2022). Revenue: US$6.49m (up 328% from 3Q 2022). Net loss: US$4.39m (loss narrowed 41% from 3Q 2022). Revenue is forecast to grow 170% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 08Vicinity Motor Corp. to Report Q3, 2023 Results on Nov 13, 2023Vicinity Motor Corp. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023
お知らせ • Oct 26Vicinity Motor Corp. Receives NASDAQ Notification Letter Regarding Minimum Bid Price DeficiencyVicinity Motor Corp. announced that it has received a notification letter from the Nasdaq Stock Market LLC (the "NASDAQ") dated October 24, 2023, notifying the Company that due to its closing bid price being below USD 1.00 per share for 30 consecutive days, it is not in compliance with the minimum bid price requirement as set under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. In accordance with the NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until April 22, 2024, to regain compliance with NASDAQ Listing Rule 5550(a)(2). To regain compliance, the Company's shares must have a closing bid price of at least USD 1.00 for a minimum of 10 consecutive business days, at which point the matter will be closed. In the event that the Company does not regain compliance by April 22, 2024 the Company may be eligible for an additional 180-day period to regain compliance. The receipt of the Notification Letter has no immediate effect on the listing of the Company's shares, which will continue to trade uninterrupted on NASDAQ under the ticker "VEV". The Company will monitor the closing price for its common stock during the compliance period and intends to take all reasonable measures available to regain compliance under the NASDAQ Listing Rules and to maintain the listing of its common stock on the Nasdaq Capital Market.
お知らせ • Oct 07Vicinity Motor Corp., Annual General Meeting, Dec 15, 2023Vicinity Motor Corp., Annual General Meeting, Dec 15, 2023.
お知らせ • Aug 19Vicinity Motor Corp. to Exhibit Electric Vehicle Lineup At the Fully Charged Live Event in Vancouver from September 8-10, 2023Vicinity Motor Corp. announced that it will showcase the VMC 1200 Class 3 Electric Truck and Vicinity Lightning electric bus at the Fully Charged LIVE Canada event taking place September 8-10, 2023 at the Vancouver Convention Centre in Vancouver, Canada. Fully Charged - the world's number 1 home energy and electric vehicle channel - is bringing its Fully Charged LIVE event to Canada for the first time at the Vancouver Convention Centre in Vancouver, BC. The event will host quality exhibits and attractions to thousands of attendees. Founded and hosted by Robert Llewellyn (Red Dwarf, Scrapheap Challenge, Carpool), the Fully Charged LIVE event is not solely about Electric Cars, but Electric Vehicles of all shapes and sizes, as well as home energy solutions. Fully Charged LIVE. Date: September 8-10, 2023. Location: Vancouver Convention Centre, British Columbia, Canada. Vehicles on Display: VMC 1200 Class 3 Electric Truck, Vicinity Lightning Electric Bus.
Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.015 loss per share (vs US$0.10 loss in 2Q 2022)Second quarter 2023 results: US$0.015 loss per share (improved from US$0.10 loss in 2Q 2022). Revenue: US$4.82m (down 59% from 2Q 2022). Net loss: US$701.0k (loss narrowed 82% from 2Q 2022). Revenue is forecast to grow 151% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Aug 09+ 1 more updateVicinity Motor Corp. to Report Q2, 2023 Results on Aug 14, 2023Vicinity Motor Corp. announced that they will report Q2, 2023 results After-Market on Aug 14, 2023
分析記事 • Jul 21Is Vicinity Motor (CVE:VMC) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • May 17First quarter 2023 earnings released: US$0.054 loss per share (vs US$0.082 loss in 1Q 2022)First quarter 2023 results: US$0.054 loss per share (improved from US$0.082 loss in 1Q 2022). Revenue: US$2.65m (down 17% from 1Q 2022). Net loss: US$2.44m (loss narrowed 16% from 1Q 2022). Revenue is forecast to grow 113% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • May 09Vicinity Motor Corp. to Report Q1, 2023 Results on May 15, 2023Vicinity Motor Corp. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2023
Reported Earnings • Apr 02Full year 2022 earnings released: US$0.45 loss per share (vs US$0.24 loss in FY 2021)Full year 2022 results: US$0.45 loss per share (further deteriorated from US$0.24 loss in FY 2021). Revenue: US$18.5m (down 56% from FY 2021). Net loss: US$17.9m (loss widened 145% from FY 2021). Revenue is forecast to grow 93% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Nov 09Vicinity Motor Corp. to Report Q3, 2022 Results on Nov 15, 2022Vicinity Motor Corp. announced that they will report Q3, 2022 results After-Market on Nov 15, 2022
Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Recent Insider Transactions • Oct 19Independent Director recently bought CA$58k worth of stockOn the 11th of October, James White bought around 50k shares on-market at roughly CA$1.15 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$59k. Insiders have collectively bought CA$660k more in shares than they have sold in the last 12 months.
お知らせ • Oct 15Vicinity Motor Corp., Annual General Meeting, Dec 22, 2022Vicinity Motor Corp., Annual General Meeting, Dec 22, 2022.
Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director James White was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Recent Insider Transactions • Sep 09Independent Director recently bought CA$59k worth of stockOn the 1st of September, James White bought around 36k shares on-market at roughly CA$1.63 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$806k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.10 loss per share (vs US$0.012 loss in 2Q 2021)Second quarter 2022 results: US$0.10 loss per share (down from US$0.012 loss in 2Q 2021). Revenue: US$11.7m (down 24% from 2Q 2021). Net loss: US$3.79m (loss widened US$3.45m from 2Q 2021). Over the next year, revenue is forecast to grow 604%, compared to a 66% growth forecast for the Machinery industry in Canada. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Aug 03Vicinity Motor Corp. to Report Q2, 2022 Results on Aug 15, 2022Vicinity Motor Corp. announced that they will report Q2, 2022 results After-Market on Aug 15, 2022
分析記事 • May 24Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • May 18Vicinity Motor Corp. Revises Earnings Guidance for the Fiscal Year 2022Vicinity Motor Corp. revised earnings guidance for the fiscal year 2022. For the year, the company expects revenue to be in the range of $70 million $90 million.
Reported Earnings • May 17First quarter 2022 earnings released: US$0.082 loss per share (vs US$0.057 profit in 1Q 2021)First quarter 2022 results: US$0.082 loss per share (down from US$0.057 profit in 1Q 2021). Revenue: US$3.18m (down 85% from 1Q 2021). Net loss: US$2.89m (down 278% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 411%, compared to a 142% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • May 05Vicinity Motor Corp. to Report Q1, 2022 Results on May 16, 2022Vicinity Motor Corp. announced that they will report Q1, 2022 results After-Market on May 16, 2022
Recent Insider Transactions • Apr 06Independent Director recently bought CA$229k worth of stockOn the 4th of April, James White bought around 78k shares on-market at roughly CA$2.93 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$862k more in shares than they have sold in the last 12 months.
Reported Earnings • Mar 31Full year 2021 earnings released: US$0.24 loss per share (vs US$0.13 loss in FY 2020)Full year 2021 results: US$0.24 loss per share (down from US$0.13 loss in FY 2020). Revenue: US$41.7m (up 104% from FY 2020). Net loss: US$7.32m (loss widened 112% from FY 2020). Over the next year, revenue is forecast to grow 96%, compared to a 115% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Mar 31Vicinity Motor Corp. has completed a Composite Units Offering in the amount of $12.000002 million.Vicinity Motor Corp. has completed a Composite Units Offering in the amount of $12.000002 million. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 4,444,445 Price\Range: $2.7 Discount Per Security: $0.189 Transaction Features: Registered Direct Offering
お知らせ • Feb 11Vicinity Motor Corp. Announces the Receipt of an Initial CAD 2,570,000 Million Grant from Sustainable Development Technology CanadaVicinity Motor Corp. announced the receipt of an initial CAD 2,570,000 million grant from Sustainable Development Technology Canada (SDTC), a foundation created by the Canadian government, for the development of zero-emission transit busses.
Recent Insider Transactions • Jan 16Independent Director recently bought CA$85k worth of stockOn the 13th of January, James White bought around 20k shares on-market at roughly CA$4.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$489k more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 17Third quarter 2021 earnings released: CA$0.16 loss per share (vs CA$0.052 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$2.92m (down 67% from 3Q 2020). Net loss: CA$4.80m (loss widened 266% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Sep 29Vicinity Motor Corp. announced that it expects to receive CAD 9.85 million in fundingVicinity Motor Corp. announced a non-brokered financing of 10,000 unsecured debenture units at the price of CAD 985 per unit for gross proceeds of CAD 9,850,000 on September 27, 2021. The principal amount of debenture is CAD 10,000,000. The offering of the units is subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange, and the company expects to complete an initial closing of the offering shortly. Each unit will consist of one 8% unsecured convertible debenture of the company in the principal amount of CAD 1,000 with interest payable upon maturity being 12 months from the date the debentures are issued and 40 common share purchase warrants expiring 12 months after the date of issuance of such warrants. The debentures will be repaid in cash at maturity. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 7.50 per warrant share at any time up to 12 months following the closing date of the offering, subject to adjustment in certain events. The debentures, in whole or in part, will be convertible into common shares of the Company at the option of the holder only if there is an event of default (as defined in the Debentures) that is uncured for a period of ten (10) business days, at a conversion price equal to the market price on the date the event of default. Holders converting their Debentures will receive accrued and unpaid interest thereon to the date of actual conversion. The company will have the right at any time, on 10 days' notice, to prepay the Debentures, in whole or in part, pro rata among the holders. The repayment shall be in cash, against the principal amount of the Debenture plus accrued and unpaid interest. The Company anticipates paying an administrative fee(s) of 0.5% of the funds raised, or a portion thereof, to eligible parties under applicable securities laws. The debentures, warrants and the common shares issuable upon the exercise of the warrants will be subject to a statutory resale restriction of four months and one day from the date of closing. The company may pay finders' fees in accordance with TSXV policies.
Recent Insider Transactions • Sep 16Independent Director recently bought CA$102k worth of stockOn the 13th of September, James White bought around 18k shares on-market at roughly CA$5.52 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$297k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.013 loss per share (vs CA$0.031 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$19.1m (up 120% from 2Q 2020). Net loss: CA$388.0k (loss narrowed 51% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
分析記事 • Aug 10Is Vicinity Motor (CVE:VMC) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Recent Insider Transactions • Jul 15Independent Director recently bought CA$59k worth of stockOn the 12th of July, James White bought around 7k shares on-market at roughly CA$8.46 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$53k more in shares than they have sold in the last 12 months.
お知らせ • Jun 23Vicinity Motor Corp. Announces Product Specifications for the New VMC 1200Vicinity Motor Corp. released specifications for the new VMC 1200, a fully electric Class 3 medium-duty commercial truck. Powered by a cutting edge 150 kWh Li-Ion battery and an electrical powertrain that provides up to 150 kWh of power and 800 Ft Lbs. of torque, the VMC 1200 has a 6,000-pound load capacity and an expected range up to 150 miles on a single charge. The medium duty electric truck leverages Vicinity's proven EV experience in a popular cab-over design at an attractive price, making it well suited for urban environments and construction or delivery applications. Standard features include driver conveniences including a high-back comfort seat, keyless entry, air conditioning, power windows and door locks, 3-person seating and the ability to use the battery for on-site power, eliminating the need to transport large, noisy generators. The vehicle is capable of fully charging from a level 3 EV fast charger in 2.5 hours and from a standard level 2 charger in as little as 5 hours.
お知らせ • Jun 08Vicinity Motor Receives $300,000 in Washington State Department of Commerce Economic Development Strategic Reserve Fund (SRF) GrantVicinity Motor Corp. announced that the Washington State Department of Commerce has awarded the Regional Economic Partnership (REP) at the Port of Bellingham (Port) with a $300,000 economic development strategic reserve fund (SRF) grant to assist Vicinity in building its new Vicinity LightningTM EV bus assembly facility in Whatcom County, Washington. The economic development grant from the Washington State Department of Commerce is part of a larger group of state grants focused on high impact investments in the areas of innovation, sustainability and resilience.
Reported Earnings • May 19First quarter 2021 earnings released: EPS CA$0.071 (vs CA$0.069 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$27.3m (up CA$23.3m from 1Q 2020). Net income: CA$2.04m (up CA$3.77m from 1Q 2020). Profit margin: 7.5% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 14Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Apr 03Full year 2020 earnings released: CA$0.17 loss per share (vs CA$0.21 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$26.1m (up 5.8% from FY 2019). Net loss: CA$4.40m (loss narrowed 12% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 03Vicinity Motor Corp. Provides Operating and Financial Guidance the First Quarter of 2021 and Operating Guidance the First Half of 2021Vicinity Motor Corp. provided operating and financial guidance the first quarter of 2021 and operating guidance the first half of 2021. The company expects to deliver over 50 Vicinity buses in the first quarter of 2021, driving quarterly revenues of approximately $25 million, with a total of over 100 bus deliveries expected in the first half of 2021.
お知らせ • Mar 10Grande West Transportation Group Inc Announces Executive ChangesGrande West Transportation Group Inc. announced that it has appointed respected industry veteran and prominent Canadian transit leader Manuel Achadinha as Chief Operating Officer. Mr. Achadinha will succeed Jonathan Leskewich, who has transitioned to a focus on product development. For over 25 years, Mr. Achadinha has built a reputation within the transportation industry for his strong work ethic, results-oriented drive and exceptional ability to forge and maintain strategic alliances. Mr. Achadinha was previously President and CEO of BC Transit from 2008 to 2018, where he led the development and implementation of BC Transit's evolving business strategy. He represented BC Transit with riders around the province, as well as partners, businesses, government leaders and other key external groups.
Recent Insider Transactions Derivative • Mar 10VP of Corporate Development & Director exercised options to buy CA$417k worth of stock.On the 8th of March, John LaGourgue exercised options to buy 150k shares at a strike price of around CA$0.56, costing a total of CA$84k. This transaction amounted to 26% of their direct individual holding at the time of the trade. Since June 2020, John's direct individual holding has increased from 354.13k shares to 674.13k. Company insiders have collectively bought CA$47k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Feb 24State of New Mexico Selects Grande West Transportation Group Inc.'s Vicinity BusesGrande West Transportation Group Inc. announced the State of New Mexico has selected Vicinity buses in a statewide purchasing contract that gives State transit agencies the right to purchase directly from the Company's diverse bus portfolio. Vehicles for selection will be produced from Grande West's "Buy American Act" compliant assembly facility in Washington state, which will be capable of producing 1,000 electric, CNG, gas and clean-diesel units annually across all sizes and powertrains.
お知らせ • Feb 23Grande West Transportation Group Inc. Enters into Strategic U.S. Distribution Agreement with ABC CompaniesGrande West Transportation Group Inc. announced that it has entered into a strategic U.S. distribution agreement with ABC Companies. The ABC distributorship supports Grande West’s focus on U.S. expansion as it begins marketing the fully Buy America compliant Vicinity™ heavy duty mid-size bus, the Vicinity Lightning™ EV and Vicinity™ LT light duty models to new and existing customers. Under the new agreement, ABC Companies, transit and specialty passenger transport equipment in the USA and Canada, will distribute the manufacturer’s Vicinity™ heavy-duty vehicles throughout the Western United States from Texas to California. The Vicinity line fills in key transit and private shuttle markets within the ABC portfolio of new vehicles for these locations, enhancing the offering to current customers while expanding to other sectors.
分析記事 • Jan 27The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are DelightedFor many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly...
Recent Insider Transactions Derivative • Jan 24VP of Corporate Development & Director exercised options to buy CA$630k worth of stock.On the 20th of January, John LaGourgue exercised options to buy 150.00k shares at a strike price of around CA$0.58, costing a total of CA$87k. This transaction amounted to 35% of their direct individual holding at the time of the trade. Since June 2020, John's direct individual holding has increased from 354.13k shares to 424.13k. Company insiders have collectively bought CA$237k more than they sold, via options and on-market transactions, in the last 12 months.
Is New 90 Day High Low • Jan 12New 90-day high: CA$2.55The company is up 193% from its price of CA$0.87 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 53% over the same period.
