Vicinity Motor Corp
XTSX:VMC
Income Statement
Earnings Waterfall
Vicinity Motor Corp
Revenue
|
19.1m
USD
|
Cost of Revenue
|
-16.9m
USD
|
Gross Profit
|
2.1m
USD
|
Operating Expenses
|
-11.5m
USD
|
Operating Income
|
-9.4m
USD
|
Other Expenses
|
-7.2m
USD
|
Net Income
|
-16.6m
USD
|
Income Statement
Vicinity Motor Corp
Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||
Revenue |
27
N/A
|
15
-46%
|
59
+305%
|
66
+12%
|
59
-10%
|
31
-48%
|
52
+69%
|
48
-7%
|
47
-2%
|
18
-61%
|
18
-3%
|
11
-39%
|
16
+45%
|
19
+19%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
(25)
|
(13)
|
(52)
|
(57)
|
(52)
|
(28)
|
(48)
|
(44)
|
(43)
|
(18)
|
(17)
|
(10)
|
(14)
|
(17)
|
|
Gross Profit |
2
N/A
|
2
+3%
|
7
+269%
|
8
+17%
|
7
-14%
|
3
-56%
|
4
+44%
|
4
-15%
|
4
+9%
|
0
-89%
|
1
+60%
|
1
+81%
|
2
+59%
|
2
+6%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(7)
|
(4)
|
(10)
|
(11)
|
(13)
|
(7)
|
(16)
|
(17)
|
(17)
|
(13)
|
(12)
|
(12)
|
(11)
|
(12)
|
|
Selling, General & Administrative |
(6)
|
(4)
|
(10)
|
(10)
|
(12)
|
(7)
|
(14)
|
(15)
|
(15)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
|
Depreciation & Amortization |
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Operating Income |
(5)
N/A
|
(2)
+53%
|
(3)
-45%
|
(3)
+16%
|
(5)
-90%
|
(4)
+21%
|
(11)
-166%
|
(13)
-17%
|
(13)
+0%
|
(13)
+2%
|
(11)
+16%
|
(10)
+5%
|
(9)
+13%
|
(9)
-3%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(3)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(3)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
(5)
|
|
Pre-Tax Income |
(6)
N/A
|
(2)
+58%
|
(4)
-56%
|
(3)
+12%
|
(6)
-77%
|
(5)
+11%
|
(12)
-139%
|
(15)
-27%
|
(19)
-23%
|
(18)
+6%
|
(17)
+3%
|
(14)
+17%
|
(11)
+21%
|
(17)
-45%
|
|
Net Income | |||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
0
|
|
Income from Continuing Operations |
(6)
|
(2)
|
(4)
|
(3)
|
(6)
|
(5)
|
(12)
|
(16)
|
(20)
|
(18)
|
(17)
|
(14)
|
(11)
|
(17)
|
|
Net Income (Common) |
(6)
N/A
|
(2)
+57%
|
(4)
-56%
|
(3)
+12%
|
(6)
-76%
|
(5)
+7%
|
(12)
-131%
|
(16)
-28%
|
(20)
-23%
|
(18)
+8%
|
(17)
+3%
|
(14)
+18%
|
(11)
+21%
|
(17)
-46%
|
|
EPS (Diluted) |
-0.22
N/A
|
-0.09
+59%
|
-0.11
-22%
|
-0.11
N/A
|
-0.19
-73%
|
-0.18
+5%
|
-0.35
-94%
|
-0.42
-20%
|
-0.51
-21%
|
-0.45
+12%
|
-0.38
+16%
|
-0.31
+18%
|
-0.25
+19%
|
-0.36
-44%
|