BackVectoIQ Acquisition II Overview

VectoIQ Acquisition II EBIT

VectoIQ Acquisition II's EBIT is $-4.9M, above the sector sector average of $-77M.

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Quarterly EBIT

-$287.28K
237.69% YoY

As of Sep 30, 2022

Annual EBIT (TTM)

-$4.87M
316.52% YoY

Trailing 12 months ending Sep 30, 2022

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

VectoIQ Acquisition II (VTIQ) FAQ

VectoIQ Acquisition II's ebit stands at $-4.9M as of September 2022. That compares with $-1.2M in the prior-year period — down 316.5% year over year. That is above the sector sector average of $-77M. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

VectoIQ Acquisition II reported $-4.9M in EBIT versus $-1.2M a year earlier — a 316.5% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

VectoIQ Acquisition II sits higher the its sector benchmark ($-77M) with a EBIT of $-4.9M. That is roughly 93.6% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-1.2M in the prior-year period — down 316.5% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how VectoIQ Acquisition II's EBIT evolved across reporting periods, while the comparison chart places VTIQ next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.