Vicinity Motor Net Income

Vicinity Motor (VEV) currently reports a net income of $-18M as of March 2024. That compares with $-17M in the prior-year period — down 3.8% year over year. That is below the Industrials sector average of $28B. Use the charts on this page to explore Vicinity Motor's net income history and peer comparisons.

Vicinity Motor's net income decreased from $-17M to $-18M — a 3.8% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Vicinity Motor's net income of $-18M is lower than the Industrials sector average of $28B. That is roughly 100.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Vicinity Motor reported $-18M in net income as of March 2024. That compares with $-17M in the prior-year period — down 3.8% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $-18M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is $28B. From there, open related valuation or income-statement pages for Vicinity Motor, and consider following VEV for alerts when major investors trade the stock.