Vicinity Motor Corp.

TSXV:VMC Stock Report

Market Cap: CA$3.5m

Vicinity Motor Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

William Trainer

Chief executive officer

US$436.7k

Total compensation

CEO salary percentage80.8%
CEO tenure16.9yrs
CEO ownership3.2%
Management average tenure5.3yrs
Board average tenureno data

Recent management 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

CEO Compensation Analysis

How has William Trainer's remuneration changed compared to Vicinity Motor's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-US$18m

Dec 31 2023US$437kUS$353k

-US$17m

Sep 30 2023n/an/a

-US$11m

Jun 30 2023n/an/a

-US$14m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$355kUS$345k

-US$18m

Sep 30 2022n/an/a

-US$19m

Jun 30 2022n/an/a

-US$15m

Mar 31 2022n/an/a

-US$12m

Dec 31 2021US$1mUS$342k

-US$7m

Sep 30 2021n/an/a

-US$3m

Jun 30 2021n/an/a

US$59k

Mar 31 2021n/an/a

-US$260k

Dec 31 2020US$322kUS$322k

-US$3m

Sep 30 2020n/an/a

-US$4m

Jun 30 2020n/an/a

-US$5m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$415kUS$225k

-US$4m

Sep 30 2019n/an/a

-US$3m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$113k

Dec 31 2018US$176kUS$176k

US$695k

Sep 30 2018n/an/a

US$1m

Jun 30 2018n/an/a

US$2m

Mar 31 2018n/an/a

US$844k

Dec 31 2017US$191kUS$191k

-US$331k

Compensation vs Market: William's total compensation ($USD436.69K) is above average for companies of similar size in the Canadian market ($USD164.07K).

Compensation vs Earnings: William's compensation has increased whilst the company is unprofitable.

CEO

William Trainer (65 yo)

16.9yrs

Tenure

US$436,694

Compensation

Mr. William R. Trainer serves as Chief Executive Officer of Vicinity Motor Corp. (formerly known as Grande West Transportation Group Inc) since August 26, 2019 and had been its Director since December 4, 2...

Leadership Team

NamePositionTenureCompensationOwnership
William Trainer
Founder & CEO16.9yrsUS$436.69k3.2%
CA$ 112.9k
John LaGourgue
VP of Corporate Development7.9yrsUS$268.31k0%
CA$ 0
Brent Phillips
Presidentless than a yearno datano data
Dan Courtney
Director of Investor Relations8.9yrsno datano data
Jeff Madura
Senior Director of Salesless than a yearno datano data
Yue Wang
Chief Engineerno dataUS$244.84kno data
Keith Parker
Consultant5.3yrsUS$10.22kno data
Marion McGrath
Corporate Secretary4.7yrsno datano data

5.3yrs

Average Tenure

62yo

Average Age

Experienced Management: VMC's management team is seasoned and experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:25
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 here.

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 .

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.