VinFast
Automotive brand of vietnamese conglomerate, Vingroup.
Launch date
Employees
Market cap
$9.3b
Enterprise valuation
$13.9b (Public information from Sep 2024)
Share price
$3.88 VFS
Hanoi Vietnam (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 575m | 674m | 629m | 1.2b | 2.7b | 5.2b | 7.0b |
| % growth | - | 17 % | (7 %) | 91 % | 122 % | 94 % | 36 % |
| EBITDA | (402m) | (973m) | (1.6b) | (1.4b) | (1.6b) | (1.1b) | (156m) |
| % EBITDA margin | (70 %) | (144 %) | (248 %) | (118 %) | (59 %) | (22 %) | (2 %) |
| Profit | (796m) | (1.4b) | (2.1b) | (2.4b) | (2.5b) | (2.1b) | (1.5b) |
| % profit margin | (138 %) | (201 %) | (333 %) | (200 %) | (93 %) | (41 %) | (21 %) |
| EV / revenue | - | - | 0.3x | 16.6x | 3.3x | 4.2x | 1.3x |
| EV / EBITDA | - | - | -0.1x | -14.0x | -5.6x | -19.0x | -56.5x |
| R&D budget | 165m | 389m | 838m | 611m | - | - | - |
| R&D % of revenue | 29 % | 58 % | 133 % | 51 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | Corporate spinout | |
* | $135m | Debt | |
* | N/A | $2.5b | Debt |
* | $150m Valuation: $23.0b 36.6x EV/LTM Revenues -14.7x EV/LTM EBITDA | SPAC IPO | |
* | $1.0b | Post IPO Equity | |
| Total Funding | - | ||
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