Vicinity Motor Corp achieved in the first quarter 2024, above Company average Revenue surge of 399.4% year on year, to $ 13.23 millions.
Looking into first quarter 2024 results within EV, Auto & Truck Manufacturers industry 13 other companies have achieved higher Revenue growth. While Vicinity Motor Corp ' s Revenue doubling of 399.4% ranks overall at the positon no. 2039 in the first quarter 2024.
Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024
Vicinity Motor 's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics
High
Average
Low
1119.47 %
175.18 %
-87.1 %
(Dec 31 2022)
VEV's I. Quarter Q/Q Revenue Comment
Vicinity Motor Corp achieved in the I. Quarter 2024 below company average Revenue doubling of 160% quarter on quarter, to $ 13.23 millions.
Although the I. Quarter 2024 Revenue Q/Q growth was lower than the regular , this has been yet encouraging story, as the I. Quarter surge, eclipses the -85.66% growth in the I. Quarter a year ago
Within EV, Auto & Truck Manufacturers industry 18 other companies have achieved higher Revenue quarter on quarter growth. While Vicinity Motor 's Revenue growth quarter on quarter, overall rank is 3876.
Vicinity Motor Corp achieved in the I. Quarter 2024 below company average Revenue doubling of 160% quarter on quarter, to $ 13.23 millions.
I. Quarter 2024 Revenue Q/Q growth were paradoxical, although lower than the regular, yet it demonstrates absolute recovery measured to the -85.66% in the I. Quarter a year ago.
Within EV, Auto & Truck Manufacturers industry 18 other companies have achieved higher Revenue quarter on quarter growth. While Vicinity Motor 's Revenue growth quarter on quarter, overall rank is 3876.
Vicinity Motor 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth
12 Months Ending (Dec 31 2023)
12 Months Ending (Dec 31 2022)
12 Months Ending
12 Months Ending
12 Months Ending
Cumulative Revenue 12 Months Ending
$ 19.05
$ 18.48
$ 0.00
$ 0.00
$ 0.00
Y / Y Revenue Growth (TTM)
3.11 %
-55.7 %
-
-
-
Year on Year Revenue Growth Overall
Ranking
# 2039
# 1720
# 0
# 0
# 0
Seqeuential Revenue Change (TTM)
3.11 %
-55.7 %
-
-
-
Seq. Revenue Growth (TTM) Overall
Ranking
# 2039
# 1720
# 0
# 0
# 0
Cumulative Revenue growth Comment
With 3.11% annual Revenue growth, Vicinity Motor Corp would report a record annual Revenue improvement if the fiscal year would end on Dec 31 2023.
In the Consumer Discretionary sector 64 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1720 to 2039.
With 3.11% annual Revenue growth, Vicinity Motor Corp would report a record annual Revenue improvement if the fiscal year would end on Dec 31 2023.
In the Consumer Discretionary sector 64 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1720 to 2039.
About Vicinity Motor Revenue Growth Rates (VEV), Current and Historic Growth - CSIMarket Analysis
How we calculate this
This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years).
Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.
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399.58%