Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. Its geographic segments include United Stated, and Canada. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp., and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Post by monarkaon Apr 05, 2018 9:03am
104 Views
Post# 27834664

Highlights in 2017 and Recent Developments

Highlights in 2017 and Recent Developments

Grande West Announces Fourth Quarter and Fiscal Year 2017 Results

Canada NewsWire

VANCOUVERApril 5, 2018 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) – April 5, 2018: ("Grande West" or the "Company"), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, is pleased to announce financials for the fourth quarter and the year ending December 31, 2017.

Grande West Transportation Group Inc. (CNW Group/Grande West Transportation Group Inc.)

Highlights in 2017 and Recent Developments

  • Record bus and aftermarket parts revenue of $54,701,931
  • Record 2017 Adjusted EBITDA of $1,084,845 - see reconciliation of Net Earnings to Adjusted EBITDA in next section
  • Working capital of $14,886,254
  • Total assets of $46,962,090
  • Record deliveries of one hundred fifty two (152) Vicinity buses

 

Selected Yearly and Periodic Information  

The following table shows the audited results of the Company for the year ended December 31, 2017, 4 month period ended December 31, 2016 and the year ended August 31, 2016 and is stated in Canadian dollars.


Bullboard Posts