Vivic

VIVC

Conglomerates · Industrials

Price

$0.03

+0.00 (+0.00%)

Market Cap

$693,106

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Based on the IPO prospectus (annual filing). This score will refine automatically once the company reports its first quarters.

Share count rising — dilution

+9.6% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 25.2M (2021) → 27.7M (2025)

Vivic Corp. is a small company based in the United States with operations tied to China. It has tried to build businesses in areas like water sports, tourism, and technology services, targeting consumers and small businesses in Asian markets. The company has shifted its focus several times, which is common for early-stage micro-cap firms still searching for a stable business model.

Vivic generates revenue from a mix of service contracts and small-scale business activities, though its revenues have been very limited. It operates primarily in China and the surrounding region, and its market cap is essentially zero, meaning it is an extremely small company. The biggest risk the company faces is its inability to generate consistent revenue and profits — its deeply negative operating margin signals that it spends far more than it earns, raising real questions about its long-term survival.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

YoY Growth Rate

Revenue data limited

EPS Growth

+100.0% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

1.4%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~23 months

$13,985 cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Adequate runway but may need to raise capital within 2 years

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

346.7%

Premium pricing power — 346.7% gross margin

Operating Margin

-902398.2%

Losing money on operations — -902398.2%

ROCE

-127.4%

Weak — -127.4% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

-99.4%

Shrinking sales (-99.4% YoY)

EPS YoY

N/A

Data not available

EPS Consistency

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

Data not available

FCF Margin

-116966.2%

Burning cash (-116966.2%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.31

Conservative — low debt load (0.31)

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial