QuarterGreat quarter if you invest looking backwards as they finish off that big contract awarded in February 2020 but anyone who has paid attention knew this. But looking at what is on the books going forward I would say low $20mil in revenue over the next 12 months:
· 14 Vicinity Lightning™ EV buses valued at over $6.0 million from Calgary Transit, the City of Calgary's transit authority.
· 15 Vicinity™ CNG buses for a total value of over $6.0 million from a leading Canadian provincial public transportation provider.
· Four Vicinity™ buses for a total value of over $1.6 million from the County of Simcoe in Ontario, Canada.
· Three clean-diesel Vicinity™ Classic buses from Qubec Private Transit Operator Le Groupe Transbus.
· Received an initial order from a private operator in British Columbia for 10 VMC 1200 Class 3 electric trucks valued at over $1.0 million.
But stocks are valued on future earnings and growth so they better start knocking on doors pretty damn quick or earnings are going to be ugly through the next 12-18 months. Hope for the best but prepare for the worst.