BackVectoIQ Acquisition II Overview

VectoIQ Acquisition II EBIT

VectoIQ Acquisition II's EBIT is $-4.9M, above the sector sector average of $-22M.

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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

The latest EBIT for VTIQ is $-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 $-22M. Investors often review this figure alongside VectoIQ Acquisition II's historical trend and sector peers before judging valuation or financial health.

Over the past year, VTIQ's EBIT moved from $-1.2M to $-4.9M — a 316.5% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in VectoIQ Acquisition II's operating scale or balance-sheet position.

Against its sector companies, VTIQ currently prints $-4.9M for EBIT, while the sector average sits near $-22M. That is roughly 77.4% above the sector mean. Large gaps often invite a closer look at VectoIQ Acquisition II's growth, margins, and balance sheet.

A EBIT figure of $-4.9M for VTIQ is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $-22M. Explore the charts below for those layers of context.

After noting VTIQ's EBIT ($-4.9M), review year-over-year change from $-1.2M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.