Earnings Call Summary | Vicinity Motor(VEV.US) Q4 2023 Earnings Conference
Earnings Call Summary | Vicinity Motor(VEV.US) Q4 2023 Earnings Conference
The following is a summary of the Vicinity Motor Corp. (VEV) Q4 2023 Earnings Call Transcript:
以下是Vicinity Motor Corp.(VEV)2023年第四季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Vicinity Motor Corp. reported Q4 revenue of $5.1 million, a significant increase from $2 million for the same period in 2022, primarily due to the sale of 11 buses.
Q4 gross loss improved to $0.4 million or negative 9% of revenue compared to a gross loss of $0.6 million, or negative 28% of revenue, in Q4 2022.
Net loss in Q4 2023 was $9.1 million, or negative $0.20 per share, compared to a net loss of $3.8 million, or negative $0.08 per share, in Q4 2022.
Cash and cash equivalents as of December 31, 2023 totaled $2 million.
Vicinity Motor Corp. 公佈的第四季度收入爲510萬美元,較2022年同期的200萬美元大幅增加,這主要是由於出售了11輛公共汽車。
第四季度的總虧損提高至40萬美元,佔收入的負9%,而2022年第四季度的總虧損爲60萬美元,佔收入的負28%。
2023年第四季度的淨虧損爲910萬美元,合每股虧損0.20美元,而2022年第四季度的淨虧損爲380萬美元,合每股虧損0.08美元。
截至2023年12月31日,現金及現金等價物總額爲200萬美元。
Business Progress:
業務進展:
In Q4 2023, Vicinity focused on expanding their VMC 1200 dealership network in Canada, delivering electric trucks and transit buses.
11 transit buses were sold and 71 additional VMC 1200 electric trucks were invoiced to dealership customers, expected to be recognized in H1 2024.
Several new VMC 1200 dealership partners were announced in Canada.
Vicinity, in partnership with ADASTEC, created an automated version of the Vicinity Lightning EV transit bus, with initial deployments planned for mid-2024.
The company reported a robust order backlog exceeding US$125 million as of December 31, 2023, with increasing production to meet demand.
2023年第四季度,Vicinity專注於擴大其在加拿大的VMC 1200經銷商網絡,提供電動卡車和公交巴士。
售出了11輛公交車,另外71輛VMC 1200電動卡車向經銷商客戶開具了發票,預計將在2024年上半年獲得認可。
加拿大宣佈了幾個新的VMC 1200經銷商合作伙伴。
Vicinity與ADASTEC合作開發了Vicinity Lightning電動公交車的自動化版本,並計劃在2024年中期進行初步部署。
該公司報告稱,截至2023年12月31日,積壓的強勁訂單超過1.25億美元,並增加了產量以滿足需求。
More details: Vicinity Motor IR
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