Vicinity Motor Corp.

VEVMQ Consumer Cyclical Auto Manufacturers

Vicinity Motor Corp.’s revenue for fiscal 2023 (year ended December 2023) was $19.1 million, up 3.11% from fiscal 2022. Revenue growth for three consecutive years.

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Market cap
$3.5M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
−1.00
Beneish M
−1.78
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 3.53
Revenue 29.64
Net Income (17.92)
Free Cash Flow (23.10)
Net Debt 6.80
Current Ratio 0.90 (below 1: weak)
Debt/Equity 0.59
P/E ratio 0.00
Fwd P/E —
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 16.06% (at or above 15%: strong)
Next Y EPS Growth 97.05% (at or above 15%: strong)
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales against its own 10 years 33.52%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2021 2022 2023 Q'24
Cash 4 2 2 4
Receivables 3 3 6 8
Inventory 9 10 23 28
Other — — — —
21 18 41 45
2021 2022 2023 Q'24
Payables 3 5 10 14
ST’ Debt 7 7 11 11
Other 6 2 2 2
19 17 44 50

Compound Annual Growth %

10y 5y 3y
Sales — (18.05%) (0.87%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 6.65% 6.46%

Revenue $m

Mar Jun Sep Dec Year
’26 13 — — — —
’23 3 5 6 5 19
’22 3 12 2 2 18
’21 22 16 2 2 42
’20 3 6 7 4 20
’19 — — — — 19
’18 — — — — 52
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 — — — —
’23 (4) (6) (10) (6) (25)
’22 (5) 5 (5) (4) (9)
’21 3 9 (4) (4) 4
’20 3 0 (2) (6) (6)
’19 — — — — (3)
’18 — — — — 2
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 — — — —
’23 (4) (6) (11) (6) (27)
’22 (8) 0 (8) (5) (21)
’21 2 6 (4) (23) (20)
’20 3 0 (2) (6) (7)
’19 — — — — (3)
’18 — — — — 2
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.08) — — — —
’23 (0.05) (0.02) (0.10) (0.20) (0.36)
’22 (0.08) (0.10) (0.19) (0.09) (0.45)
’21 0.05 (0.01) (0.13) (0.14) (0.24)
’20 (0.05) (0.02) (0.04) (0.05) (0.13)
’19 — — — — (0.16)
’18 — — — — 0.03
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Trend 2024e 2025e 2026e
Price, $
Price, $ Low — — 1.16 3.35 1.38 0.94 0.54 3.04 0.75 0.64

Analyst estimates 2024–2026

Powerpack
High — — 3.90 7.71 5.67 2.05 4.93 10.92 4.29 1.38
People
People Employees — — — — — — — 60 57 57
Revenue/emp, $m — — 0.00 0.00 0.00 0.00 0.00 0.70 0.32 0.33
Income, $m
Income, $m Revenue — — 15 44 52 19 20 42 18 19
Gross margin, % — — (1.24) 14.44 19.20 17.67 13.18 10.15 2.38 11.21
EBT — — (4) 0 1 (4) (3) (7) (18) (17)
EBT margin, % — — (25.39) (0.76) 1.35 (19.99) (16.16) (16.45) (96.05) (87.31)
Net income — — (4) 0 1 (4) (3) (7) (18) (17)
Depreciation — — 0 0 1 1 1 1 3 1
Per share, $
Per share, $ Revenue — — 0.90 1.97 2.15 0.78 0.76 1.35 0.47 0.42
Earnings — — (0.23) (0.02) 0.03 (0.16) (0.13) (0.24) (0.45) (0.36)
Cash flow — — (0.03) (0.65) 0.06 (0.12) (0.22) 0.12 (0.23) (0.54)
Capex — — 0.00 0.00 0.00 0.00 (0.03) (0.76) (0.29) (0.05)
Free cash flow — — (0.03) (0.65) 0.06 (0.12) (0.26) (0.64) (0.52) (0.59)
Book value — — (0.03) 0.61 0.64 0.53 0.68 1.11 0.93 0.46
Shares, m — — 17 22 24 24 26 31 40 46
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — — 0.00 0.00 0.00 0.00 1.87 2.59 2.04 2.03
P/B — — 0.00 0.00 0.00 0.00 2.05 3.15 1.02 1.83
EV/Sales — — 0.00 0.00 0.00 0.00 1.92 2.66 2.39 2.66
EV/FCF — — 0.00 0.00 0.00 0.00 (7.06) (5.59) (2.14) (1.87)
Cash, $m
Cash, $m Operating cash flow — — (1) (14) 2 (3) (6) 4 (9) (25)
Capex — — — 0 0 0 (1) (23) (12) (2)
Free cash flow — — (1) (14) 2 (3) (7) (20) (21) (27)
Balance, $m
Balance, $m Working capital — — 2 12 12 9 13 1 2 (3)
Total debt — — 5 9 4 6 2 7 7 11
Net debt — — 3 4 2 6 1 3 5 9
Shareholders’ equity — — 0 13 15 13 18 34 37 21
Returns, %
Returns, % ROA — — (16.87) (7.64) 3.63 (13.19) (9.91) (16.11) (32.92) (25.74)
ROIC — — 0.00 0.00 0.00 0.00 (10.82) (9.80) (19.50) (19.34)
ROE — — (60.05) (5.12) 4.84 (27.22) (21.30) (28.27) (50.50) (57.33)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2023 · latest quarter Mar 2024

Charts ten years each

Vicinity Motor Corp. vs peers in Auto Manufacturers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ARVLF Arrival $7.5M — (loss-making) — — n/m −28,925.69% (below 0%: shrinking) — 0.00% Compare
LOBO Lobo EV Technologies Ltd $6.9M — — — — −222.36% (below 0%: shrinking) — — Compare
FLYE Fly-E Group, Inc. $5.5M — (loss-making) — — n/m — — — Compare
GOEVQ Canoo Inc. $5.4M — (loss-making) — (loss-making) −65.06% (below 0%: shrinking) n/m +60.03% (above 0%: growing) 80.92% (6,643.32%) Compare
FFAI Faraday Future Intelligent Electric Inc. $5.1M — (loss-making) — +1,448.15% (above 0%: growing) n/m +1.96% (above 0%: growing) (1,280.14%) (4,165.91%) Compare
DCX Digital Currency X Technology Inc. $4.2M 27.6× — — +100.00% (above 0%: growing) +102.45% (above 0%: growing) 0.00% 0.00% Compare
VEVMQ Vicinity Motor Corp. $3.5M — (loss-making) — +399.58% (above 0%: growing) n/m +101.80% (above 0%: growing) 14.23% (3.91%)
SSM Sono Group N.V. $3.1M — (loss-making) — +100.90% (above 0%: growing) n/m +73.63% (above 0%: growing) 25.43% 0.00% Compare
EGOXF Next.e.GO N.V. $2.9M — (loss-making) — — n/m −330.93% (below 0%: shrinking) — — Compare
Median of peers $5.2M — — +100.90% — +1.96% 12.72% 0.00%

All 41 Auto Manufacturers stocks →

Vicinity Motor Corp. (VEVMQ) key facts

  • Strength: Vicinity Motor Corp.’s revenue for fiscal 2023 (year ended December 2023) was $19.1 million, up 3.11% from fiscal 2022.
  • Vicinity Motor Corp. (VEVMQ) is an Auto Manufacturers company in the Consumer Cyclical sector.
  • Return on equity was −57.3% and debt-to-equity 0.59.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −1.00 (distress zone) for fiscal 2023.

Source: company filings (standardised) and stockrow calculations.

Vicinity Motor Corp. (VEVMQ) Latest News

stockrow.com/VEVMQ · Data as of Mar 31, 2024 · For information only; not investment advice. · © 2026 stockrow.com