company background image
VEVM.Q logo

Vicinity Motor OTCPK:VEVM.Q Stock Report

Last Price

US$0.0011

Market Cap

US$55.5k

7D

-45.0%

1Y

-99.9%

Updated

14 Mar, 2025

Data

Company Financials

Vicinity Motor Corp.

OTCPK:VEVM.Q Stock Report

Market Cap: US$55.5k

VEVM.Q 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

VEVM.Q fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Vicinity Motor Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vicinity Motor
Historical stock prices
Current Share PriceUS$0.0011
52 Week HighUS$0.95
52 Week LowUS$0.0003
Beta0.59
1 Month Change10.00%
3 Month Change-52.17%
1 Year Change-99.85%
3 Year Change-99.97%
5 Year Change-99.83%
Change since IPO-99.92%

Recent News & Updates

Recent updates

Vicinity Motor gains on securing a purchase order worth over $100M

Oct 17

Vicinity Motor secures order for four Vicinity Lightning electric buses

Oct 06

Vicinity Motor signs distribution agreement with Schetky Bus and Van Sales

Jul 19

Vicinity Motor - Downgrading To 'Sell' After Lowered Guidance

May 18

Vicinity Motor - Avoid Due To Additional Capital Needs And Elevated Execution Risk

Apr 01

Vicinity Motor Looks Cheap Based On 2022 Forecasts, It's My Top Pick In EV Space

Jan 22

Shareholder Returns

VEVM.QUS MachineryUS Market
7D-45.0%-4.5%-4.1%
1Y-99.9%-1.0%6.6%

Return vs Industry: VEVM.Q underperformed the US Machinery industry which returned -1% over the past year.

Return vs Market: VEVM.Q underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is VEVM.Q's price volatile compared to industry and market?
VEVM.Q volatility
VEVM.Q Average Weekly Movement143.3%
Machinery Industry Average Movement5.6%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.4%

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

Volatility Over Time: VEVM.Q's weekly volatility has increased from 79% to 143% 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?
VEVM.Q fundamental statistics
Market capUS$55.52k
Earnings (TTM)-US$17.92m
Revenue (TTM)US$29.64m

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEVM.Q 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 VEVM.Q perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 00:24
End of Day Share Price 2025/03/14 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.