Vicinity Motor Corp.
VEVNASDAQConsumer Cyclical
$0.02
$-0.03(-58.30%)
Market Cap$2526871
P/E Ratio—
52W High$0.96
52W Low$0.0165
Vicinity Motor Corp. (VEV) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · VEV · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2023-12 | 2022-12 | 2021-12 | 2020-12 | 2019-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $19.05M | $18.48M | $41.71M | $20.44M | $18.87M |
| Cost of Revenue | $16.91M | $18.04M | $37.47M | $17.82M | $15.55M |
| Gross Profit | $2.14M | $0.44M | $4.24M | $2.62M | $3.32M |
| Gross Margin %(computed) | 11.21% | 2.38% | 10.15% | 12.82% | 17.60% |
| Operating Expenses | |||||
| R&D Expenses | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M |
| G&A Expenses | $10.66M | $10.91M | $9.16M | $5.49M | $6.03M |
| Total Operating Expenses | $11.52M | $13.48M | $10.04M | $5.99M | $6.51M |
| Operating Income | ($9.38M) | ($13.04M) | ($5.80M) | ($4.02M) | ($3.19M) |
| Operating Margin %(computed) | -49.27% | -70.57% | -13.91% | -19.69% | -16.92% |
| Interest Income | $0.00M | $0.00M | $0.00M | $0.03M | $0.00M |
| Interest Expense | $5.04M | $2.26M | $0.72M | $0.57M | $0.54M |
| Income Before Tax | ($16.63M) | ($17.75M) | ($6.86M) | ($4.02M) | ($3.77M) |
| Income Tax Expense | $0.00M | $0.20M | $0.46M | $0.08M | $0.04M |
| Net Income | ($16.63M) | ($17.95M) | ($7.32M) | ($4.41M) | ($3.82M) |
| Net Margin %(computed) | -87.31% | -97.15% | -17.56% | -21.58% | -20.23% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $-0.36 | $-0.45 | $-0.24 | $-0.13 | $-0.16 |
| Wtd Avg Shares | 45.61M | 39.65M | 30.83M | 25.76M | 24.24M |
| EBITDA | ($10.18M) | ($12.52M) | ($4.90M) | ($1.88M) | ($2.46M) |
| EBITDA Margin %(computed) | -53.43% | -67.78% | -11.75% | -9.19% | -13.03% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · M
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About Vicinity Motor Corp. (VEV) Income Statement
Vicinity Motor Corp. (VEV) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2023, VEV reported revenue of $0.02B, gross profit of $0.00B (gross margin 11.21%), and net income of ($0.02B) — a net profit margin of -87.31%.
Frequently asked questions
VEV · 4 questionsVicinity Motor Corp. (VEV) reported revenue of $0.02B for 2023, up 3.1% year-over-year.
VEV revenueVEV salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08