VIVC
Vivic Corp.0.1200
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.20MP/E (TTM)
3.00Basic EPS (TTM)
0.04Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Vivic Corp. leadership overhaul
Vivic Corp. shook up its leadership on October 17, 2025, accepting resignations from President and CEO Tse-Ling Wang, CFO Andy F Wong, and directors Amy Huang and Richard Pao. The board swiftly appointed 75-year-old Chen-Hon Chuang, a yacht industry veteran and company subsidiary advisor since 2023, to helm as President, CEO, CFO, and Secretary. His one-year employment deal offers 100,000 restricted stock units vesting monthly, with robust protections against qualifying terminations but strict non-compete clauses. This overhaul signals a pivot toward seasoned operational expertise amid ongoing challenges.
10-Q
Q3 FY2025 results
Vivic Corp. posted no revenue in Q3 FY2025 ended March 31, 2025, down 100% y/y from $1.8M, swinging to an operating loss of $944.7K versus $783.4K profit last year, driven by $829.3K in new share-based compensation for executives and directors while G&A dropped 71% to $115.4K on lower commissions. For the nine months, revenue fell 99% y/y to $44.2K from yacht model sales below cost for marketing, yielding a $2.4M operating loss (derived) against $752.7K profit, with EPS at -$0.09 aligning to 27.2M diluted shares and no anti-dilution effects. Cash dwindled to $61.6K amid $511K operating outflow, offset by $262K related-party financing, leaving $497K short-term debt and $87.5K SBA loan at 3.75% due 2050. Stock grants fueled the board refresh. Yet competition in yacht sales lingers as a drag.
10-Q
Q2 FY2025 results
Vivic Corp. reported no revenue from continuing operations for Q2 FY2025 ended December 31, 2024, down from $809,899 y/y, yielding zero gross profit versus $120,388 last year; for the six-month YTD, revenue hit $44,243 (related-party yacht models) but grossed a $84,341 loss due to below-cost marketing sales, contrasting $212,214 profit y/y. Operating expenses surged to $844,177 q/q and $1.3M YTD, driven by $847,367 stock-based compensation for board and executive hires, pushing operating loss to $844,177 q/q (derived) and $1.4M YTD versus minor prior-year figures. Diluted EPS from continuing operations matched basic at $(0.04) q/q and $(0.06) YTD, with anti-dilution from losses; net loss exceeded operating by over 20% due to $110,909 other expenses like fair-value changes. Cash dwindled to $53,616 with $443,287 operating outflow, offset by $186,263 financing from related parties and a $92,845 third-party loan; total debt stood at $560,205 including a $87,500 SBA loan at 3.75% maturing 2050. No free cash flow disclosed in the 10-Q. Vivic's pivot to yacht sales in Taiwan shows promise, yet regulatory hurdles in marine tourism loom large.
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