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VEV - Vicinity Motor Corp.

NASDAQ -> Consumer Cyclical -> Auto Manufacturers
Aldergrove, Canada
Type: Equity

VEV price evolution
VEV
(in millions $) 1 May 2024 31 Jan 2024 30 Oct 2023 30 Jul 2023
Current assets
Cash $4.32 $2.03 $1.97 $7.26
Short term investments
Net receivables $7.52 $5.6 $7.5 $3.95
Inventory $28.23 $23.27 $13.65 $10.95
Total current assets $44.61 $40.65 $34.93 $30.86
Long term investments
Property, plant & equipment $23.54 $23.73 $23.26 $22.79
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $77.83 $74.19 $72.58 $68.33
Current liabilities
Accounts payable $13.92 $10.16 $5.66 $5.04
Deferred revenue
Short long term debt
Total current liabilities $49.64 $43.51 $27.91 $24.08
Long term debt $9.22 $9.36 $13.79 $10.01
Total noncurrent liabilities
Total debt
Total liabilities $59.09 $53 $41.83 $34.18
Shareholders' equity
Retained earnings -$68 -$64.28 -$55.17 -$50.78
Other shareholder equity $1.48 $0.41 $1.32 $0.65
Total shareholder equity
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 31 Jan 2021
Current assets
Cash $2.03 $1.62 $4.4 $1.01
Short term investments
Net receivables $5.6 $2.65 $2.81 $3.26
Inventory $23.27 $10.07 $9.42 $25.62
Total current assets $40.65 $18.15 $20.81 $32.07
Long term investments
Property, plant & equipment $23.73 $22.61 $10.83 $3.17
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $74.19 $55.03 $53.99 $36.94
Current liabilities
Accounts payable $10.16 $4.94 $2.17 $7.54
Deferred revenue
Short long term debt
Total current liabilities $43.51 $16.57 $19.4 $18.96
Long term debt $9.36 $1.5 $0.09 $0.22
Total noncurrent liabilities
Total debt
Total liabilities $53 $18.2 $19.75 $19.38
Shareholders' equity
Retained earnings -$64.28 -$47.64 -$29.69 -$22.37
Other shareholder equity $0.41 $1.4 -$0.15 $0.14
Total shareholder equity
(in millions $) 30 Oct 2022 30 Jul 2022 1 May 2022 31 Jan 2022
Revenue
Total revenue
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses
Operating income
Income from continuing operations
EBIT
Income tax expense
Interest expense
Net income
Net income
Income (for common shares)
(in millions $) 31 Jan 2022 31 Jan 2021 31 Jan 2020 31 Jan 2019
Revenue
Total revenue $41.71 $19.55 $24.65 $70.08
Cost of revenue
Gross Profit $4.24 $2.58 $4.34 $11.92
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $10.04 $5.73 $8.51 $9.03
Operating income
Income from continuing operations
EBIT
Income tax expense $0.46 $0.08 $0.06
Interest expense -$1.06 -$0.75 -$1.95
Net income
Net income -$7.32 -$3.24 -$4.99 $0.95
Income (for common shares)
(in millions $) 30 Oct 2022 30 Jul 2022 1 May 2022 31 Jan 2022
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$9.96 -$7.49 -$2 -$23.12
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing $12.24 $12.4 $13.72 $22.95
Effect of exchange rate -$0.35 -$0.14 $0.01 -$0.03
Change in cash and equivalents -$3.29 $4.95 $6.61 $3.39
(in millions $) 31 Jan 2022 31 Jan 2021 31 Jan 2020 31 Jan 2019
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$23.12 -$0.88 -$0.17 $0.29
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing $22.95 $6.92 $2.06 -$4.1
Effect of exchange rate -$0.03 $0.09 -$0.08 $0.27
Change in cash and equivalents $3.39 $0.43 -$1.97 -$1.49
Fundamentals
Market cap $14.66M
Enterprise value N/A
Shares outstanding 45.67M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share 0.09
EPS N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 0.90
Quick ratio 0.33