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Vicinity Motor (FRA:6LGA) Revenue : €27.37 Mil (TTM As of Mar. 2024)


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What is Vicinity Motor Revenue?

Vicinity Motor's revenue for the three months ended in Mar. 2024 was €12.18 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €27.37 Mil. Vicinity Motor's Revenue per Share for the three months ended in Mar. 2024 was €0.27. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €0.60.

Warning Sign:

Vicinity Motor Corp revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Vicinity Motor was 47.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -16.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -22.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Vicinity Motor's highest 3-Year average Revenue per Share Growth Rate was 157.50% per year. The lowest was -25.20% per year. And the median was -6.95% per year.


Vicinity Motor Revenue Historical Data

The historical data trend for Vicinity Motor's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vicinity Motor Revenue Chart

Vicinity Motor Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.98 16.07 36.91 17.44 17.47

Vicinity Motor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.47 4.45 6.08 4.67 12.18

Competitive Comparison of Vicinity Motor's Revenue

For the Auto Manufacturers subindustry, Vicinity Motor's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vicinity Motor's Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vicinity Motor's Revenue distribution charts can be found below:

* The bar in red indicates where Vicinity Motor's Revenue falls into.



Vicinity Motor Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €27.37 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vicinity Motor  (FRA:6LGA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Vicinity Motor Revenue Related Terms

Thank you for viewing the detailed overview of Vicinity Motor's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Vicinity Motor Business Description

Traded in Other Exchanges
Address
3168 262nd Street, Aldergrove, BC, CAN, V4W 2Z6
Vicinity Motor Corp is a Canadian bus manufacturer. The company is engaged in designing, engineering, and manufacturing mid-size buses for transit authorities and commercial enterprises. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. The company derives maximum revenue from bus sales. It also supplies the Spare part.

Vicinity Motor Headlines

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