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Vicinity Motor Ord Shs
Market news
Financials
Income Statement
Revenue
Net income
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Revenue | 13.23M | 270.13% |
Operating expense | 2.40M | — |
Net income | -3.72M | — |
Net profit margin | -28.11 | — |
Earnings per share | -0.07 | 0.49% |
EBITDA | -57.00K | — |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 4.32M | — |
Total assets | 77.83M | — |
Total liabilities | 59.09M | — |
Total equity | 18.74M | — |
Shares outstanding | 45.67M | — |
Price to book | 0.00 | — |
Return on assets | -1.70% | — |
Return on capital | -2.20% | — |
Cash Flow
Net change in cash
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Net income | -3.72M | — |
Cash from operations | 450.00K | — |
Cash from investing | -380.00K | — |
Cash from financing | 2.29M | — |
Net change in cash | 2.30M | — |
Free cash flow | 971.62K | — |
About
Raeda Dynamics, Inc. is a Canadian bus and truck manufacturer headquartered in Saint-Jean-sur-Richelieu, Quebec, Canada.
The company was founded in 2008 as Grande West Transportation Group, before renaming to Vicinity Motor Corp. in 2021. After declaring insolvency in November 2024, Vicinity's assets were acquired by Raeda Dynamics, which was founded two months prior. Wikipedia
Founded
Sep 9, 2024
Website
Employees
57
