Vicinity Historical Income Statement
| VEV Stock | USD 0 0.0002 9.52% |
Historical analysis of Vicinity income statement accounts such as Depreciation And Amortization of 1.5 M, Interest Expense of 5.3 M, Selling General Administrative of 11.2 M or Selling And Marketing Expenses of 7.3 M can show how well Vicinity Motor Corp performed in making a profits. Evaluating Vicinity income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vicinity's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vicinity Motor Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Vicinity Motor Corp is a good buy for the upcoming year.
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About Vicinity Income Statement Analysis
Vicinity Motor Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Vicinity shareholders. The income statement also shows Vicinity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Vicinity Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vicinity Motor Corp. It is also known as Vicinity overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Vicinity's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vicinity Motor Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicinity Motor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Vicinity's Cost Of Revenue is fairly stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 716K | 2.3M | 5.0M | 5.3M | Depreciation And Amortization | 1.2M | 3.0M | 1.4M | 1.5M |
Vicinity income statement Correlations
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Vicinity Account Relationship Matchups
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Vicinity income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 776.0K | 737K | 1.2M | 3.0M | 1.4M | 1.5M | |
| Interest Expense | 536.9K | 572.5K | 716K | 2.3M | 5.0M | 5.3M | |
| Selling General Administrative | 6.0M | 5.5M | 9.2M | 10.9M | 10.7M | 11.2M | |
| Selling And Marketing Expenses | 5.0M | 7.0M | 7.2M | 6.0M | 6.9M | 7.3M | |
| Other Operating Expenses | 22.1M | 23.8M | 47.5M | 31.5M | 28.4M | 21.6M | |
| Operating Income | (3.2M) | (3.4M) | (5.8M) | (13.0M) | (9.4M) | (8.9M) | |
| Ebit | (3.2M) | (2.6M) | (6.1M) | (15.5M) | (11.6M) | (11.0M) | |
| Ebitda | (2.4M) | (1.9M) | (4.9M) | (12.5M) | (10.2M) | (9.7M) | |
| Total Operating Expenses | 6.5M | 6.0M | 10.0M | 13.5M | 11.5M | 12.1M | |
| Income Before Tax | (3.8M) | (3.4M) | (6.9M) | (17.7M) | (16.6M) | (15.8M) | |
| Total Other Income Expense Net | (578.9K) | 3K | (1.1M) | (4.7M) | (7.2M) | (6.9M) | |
| Net Income | (3.8M) | (3.5M) | (7.3M) | (17.9M) | (16.6M) | (15.8M) | |
| Income Tax Expense | 45.0K | 76.9K | 464K | 202K | 5.0M | 5.3M | |
| Total Revenue | 18.9M | 20.4M | 41.7M | 18.5M | 19.1M | 22.9M | |
| Gross Profit | 3.3M | 2.6M | 4.2M | 440K | 2.1M | 2.7M | |
| Cost Of Revenue | 15.5M | 17.8M | 37.5M | 18.0M | 16.9M | 20.2M | |
| Net Interest Income | (701.4K) | (730K) | (716K) | (2.3M) | (5.0M) | (4.8M) | |
| Net Income From Continuing Ops | (5.0M) | (4.4M) | (7.3M) | (17.9M) | (16.6M) | (15.8M) | |
| Reconciled Depreciation | 1.0M | 987K | 1.2M | 3.0M | 1.4M | 1.4M | |
| Net Income Applicable To Common Shares | 949.0K | (5.0M) | (4.4M) | (7.3M) | (6.6M) | (6.3M) |
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When running Vicinity's price analysis, check to measure Vicinity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.