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VEV(Delisted)

Vicinity Motor·NASDAQ
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Signals Analysis
Bullish signal 1
Bearish signal 2
Low Cash Short-term Debt Ratio
EPS Beats Expectation
Revenue Below Expectations

Key Stats

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About VEV

Vicinity Motor Corp.

A North American supplier of electric vehicles for both public and commercial enterprise use

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12/04/2012
07/07/2021
NASDAQ Stock Exchange
57
12-31
Common stock
3168, 262nd Street , Aldergrove, British Columbia, Canada V4W 2Z6
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Vicinity Motor Corp. was incorporated in Canada as "Grande West Transport Group Inc." on December 4, 2012. On August 7, 2013, the company changed its name to "Grande West Transportation Group Inc.". On March 29, 2021, the company changed its name to "Vicinity Motor Corp.". The company designs, builds and sells a full range of public and commercial mid-size buses, including electric, CNG and clean diesel buses, as well as commercial electric trucks. The company has successfully supplied adjacent buses to municipal transport agencies and private operators in Canada and the United States. The company has a strong distribution chain in the United States and is actively seeking opportunities in public and private transportation fleet operations that will benefit from the company's vehicles.

Company Financials

EPS

VEV has released its 2024 Q1 earnings. EPS was reported at -0.08, versus the expected -0.05, missing expectations. The chart below visualizes how VEV has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

VEV has released its 2024 Q1 earnings report, with revenue of 13.23M, reflecting a YoY change of 399.58%, and net profit of -3.72M, showing a YoY change of -52.71%. The Sankey diagram below clearly presents VEV's revenue sources and cost distribution.

Forecast

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Trade Flow Insight

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