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Vicinity Motor TSXV:VMC Stock Report

Last Price

CA$0.07

Market Cap

CA$3.5m

7D

0%

1Y

-94.0%

Updated

18 Jan, 2025

Data

Company Financials

VMC Stock Overview

Designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. More details

VMC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Vicinity Motor Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vicinity Motor
Historical stock prices
Current Share PriceCA$0.07
52 Week HighCA$1.27
52 Week LowCA$0.055
Beta0.31
1 Month Change0%
3 Month Change7.69%
1 Year Change-93.97%
3 Year Change-98.18%
5 Year Change-95.29%
Change since IPO-95.76%

Recent News & Updates

Recent updates

Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)

Jul 16
Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)

Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price

Apr 02
Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price

Is Vicinity Motor (CVE:VMC) Using Too Much Debt?

Jul 21
Is Vicinity Motor (CVE:VMC) Using Too Much Debt?

Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?

May 24
Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?

Is Vicinity Motor (CVE:VMC) A Risky Investment?

Aug 10
Is Vicinity Motor (CVE:VMC) A Risky Investment?

Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt

Apr 14
Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt

The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted

Jan 27
The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted

Shareholder Returns

VMCCA MachineryCA Market
7D0%-1.4%0.03%
1Y-94.0%-21.0%18.0%

Return vs Industry: VMC underperformed the Canadian Machinery industry which returned -20.2% over the past year.

Return vs Market: VMC underperformed the Canadian Market which returned 17.2% over the past year.

Price Volatility

Is VMC's price volatile compared to industry and market?
VMC volatility
VMC Average Weekly Movementn/a
Machinery Industry Average Movement10.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.0%

Stable Share Price: VMC's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine VMC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
200857William Trainervicinitymotorcorp.com

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021.

Vicinity Motor Corp. Fundamentals Summary

How do Vicinity Motor's earnings and revenue compare to its market cap?
VMC fundamental statistics
Market capCA$3.53m
Earnings (TTM)-CA$25.92m
Revenue (TTM)CA$42.87m

0.1x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VMC income statement (TTM)
RevenueUS$29.64m
Cost of RevenueUS$26.09m
Gross ProfitUS$3.55m
Other ExpensesUS$21.46m
Earnings-US$17.92m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin11.97%
Net Profit Margin-60.46%
Debt/Equity Ratio202.9%

How did VMC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 16:08
End of Day Share Price 2024/10/21 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vicinity Motor Corp. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Ahmad ShaathBeacon Securities Limited
Amr EzzatEchelon Wealth Partners Inc.