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Vicinity Motor (VEV)
NASDAQ:VEV

Vicinity Motor (VEV) Income Statement

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Vicinity Motor Income Statement

Last quarter (Q3 2023), Vicinity Motor's total revenue was $6.49M, an increase of 328.45% from the same quarter last year. In Q3, Vicinity Motor's net income was $-4.39M. See Vicinity Motor’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 15.99M$ 18.48M$ 41.71M$ 26.07M$ 24.65M$ 70.08M
Cost of Revenue
$ 13.97M$ 18.04M$ 37.47M$ 22.73M$ 20.31M$ 58.15M
Gross Profit
$ 2.02M$ 440.00K$ 4.24M$ 3.34M$ 4.34M$ 11.92M
Operating Expense
$ 12.02M$ 13.48M$ 10.04M$ 7.64M$ 8.51M$ 9.03M
Operating Income
$ -10.00M$ -13.04M$ -5.80M$ -4.30M$ -4.17M$ 2.90M
Net Non Operating Interest Income Expense
$ -3.64M$ -2.26M$ -716.00K$ -730.00K$ -701.00K$ -1.11M
Other Income Expense
$ -518.00K$ -803.00K-$ 725.00K$ -55.00K$ -835.59K
Pretax Income
$ -11.44M$ -17.75M$ -6.86M$ -4.30M$ -4.93M$ 948.95K
Tax Provision
$ -89.00K$ 202.00K$ 464.00K$ 98.00K$ 59.00K$ 0.00
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -11.35M$ -17.95M$ -7.32M$ -4.40M$ -4.99M$ 948.95K
Basic EPS
$ -0.25$ -0.45$ -0.24$ -0.17$ -0.21$ 0.09
Diluted EPS
$ -0.25$ -0.45$ -0.24$ -0.17$ -0.21$ 0.09
Basic Average Shares
$ 176.19M$ 39.65M$ 30.83M$ 25.76M$ 24.24M$ 8.01M
Diluted Average Shares
$ 176.19M$ 39.65M$ 30.83M$ 25.76M$ 24.24M$ 8.31M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 25.99M$ 31.51M-$ 30.37M$ 28.82M$ 67.18M
Net Income From Continuing And Discontinued Operation
$ -11.35M$ -17.95M$ -7.32M$ -4.40M$ -4.99M$ 948.95K
Normalized Income
$ -9.55M$ -13.04M$ -5.04M$ -4.93M$ -4.94M$ 1.78M
Interest Expense
---$ 730.00K$ 701.00K$ 1.11M
EBIT
$ -7.80M$ -15.49M$ -6.14M$ -3.57M$ -4.22M$ 2.06M
EBITDA
$ -3.45M$ -12.52M$ -4.90M$ -2.59M$ -3.21M$ 2.80M
Currency in USD

Vicinity Motor Earnings and Revenue History

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