Vicinity Motor Corp.

VMC

CA9256541058

Heavy Machinery & Vehicles

Market Closed - Toronto S.E. Other stock markets 03:54:38 2024-04-29 pm EDT			5-day change	1st Jan Change
0.95 ^CAD	+2.15%		+2.15%	-10.38%

Apr. 18	Vicinity Motor Corp. Appoints Brent Phillips as President	CI
Apr. 18	Transcript : Vicinity Motor Corp. - Special Call

Vicinity Motor Corp. Reports Earnings Results for the Full Year Ended December 31, 2023

April 02, 2024 at 05:20 pm EDT

Vicinity Motor Corp. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 19.05 million compared to USD 18.48 million a year ago.

Net loss was USD 16.63 million compared to USD 17.95 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.45 a year ago.

Latest news about Vicinity Motor Corp.

Vicinity Motor Corp. Appoints Brent Phillips as President	Apr. 18	CI
Transcript : Vicinity Motor Corp. - Special Call	Apr. 17
Vicinity Motor Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 02	CI
Vicinty Motor Corp. Revs Up In US After Hours Despite Mixed Q4 Result; Co Wants To Be Commercial EV Supplier of Choice	Apr. 02	MT
Vicinty Motor Corp. Brief: Net loss in Q4 2023 totaled US$9.1 million, or $(0.20) per basic and diluted share, Vs $3.8 million, or $(0.08) per basic and diluted share, in Q4 2022	Apr. 02	MT
Vicinty Motor Corp. Brief: Revenue in the fourth quarter of 2023 increased to US$5.1 million, as compared to $2.0 million in the fourth quarter of 2022	Apr. 02	MT
Transcript : Vicinity Motor Corp., Q4 2023 Earnings Call, Apr 02, 2024	Apr. 02
Vicinty Motor Corp. Up 8% In US Premarket As Says Secured Follow-On Order for 12 Vicinity Classic Buses	Feb. 12	MT
Vicinty Motor Corp. Brief: Says Secured Follow-On Order for 12 Vicinity Classic Buses	Feb. 12	MT
Vicinity Motor Corp. Secures Follow-On Order for 12 Vicinity Classic Buses from La Quebecoise	Feb. 12	CI
Vicinity Motor To Open New Dealership For Electric Trucks	Jan. 23	MT
Vicinty Motor Corp. Brief: Says Secured VMC 1200 Distribution Agreement with VMC Laval in Laval, Canada	Jan. 23	MT
Vicinity Motor Corp. Secures VMC 1200 Distribution Agreement with VMC Laval in Laval, Canada	Jan. 23	CI
Wall Street Set to Open Higher Friday Ahead of Consumer Sentiment, Home Sales Data	Jan. 19	MT
Vicinty Motor Corp. Down In US Premarket As Issues Shareholder Letter and Provides 2024 Outlook	Jan. 18	MT
Vicinty Motor Corp. Brief: Issuing Shareholder Letter and Providing Corporate Update; Provides 2024 Outlook	Jan. 18	MT
Top Premarket Gainers	Jan. 18	MT
Vicinity Motor Corp. Signs VMC 1200 Distribution Pact for Peninsula VMC Truck Centre in South Toronto, Canada	Jan. 17	MT
Vicinty Motor Corp. Brief: Signing VMC 1200 Distribution Agreement for Peninsula VMC Truck Centre in South Toronto, Canada	Jan. 17	MT
Vicinity Motor Corp. Signs VMC 1200 Distribution Agreement for Peninsula VMC Truck Centre in South Toronto, Canada	Jan. 17	CI
Vicinity Motor To Open New Dealership In Toronto With Shift EV Trucks	Jan. 08	MT
Vicinty Motor Corp. Brief: Announcing VMC 1200 Distribution Agreement with Shift EV Trucks in West Toronto, Canada	Jan. 08	MT
Vicinity Motor Corp. Announces VMC 1200 Distribution Agreement with Shift EV Trucks in West Toronto, Canada	Jan. 08	CI
Vicinty Motor Corp. Announcing VMC 1200 Distribution Agreement with Jack Carter VMC Trucks in Southern Alberta, Canada	Jan. 02	MT
Vicinty Motor Corp. Brief: Announcing VMC 1200 Distribution Agreement with Jack Carter VMC Trucks in Southern Alberta, Canada	Jan. 02	MT

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Company Profile

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Companyâs subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.

Sector

Heavy Machinery & Vehicles

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.93

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Quarterly revenue - Rate of surprise

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Sector Heavy Buses & Coaches

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Heavy Buses & Coaches