Vivic Corp
vivic.bizVivic Corp (VIVC) is a yacht design, distribution, and charter company that designs, constructs on an outsourced basis, and distributes power boats, charter boats, and eco-friendly new energy boats. Revenue comes from yacht sales, related-party transactions, and yacht charter and sharing arrangements targeting affluent recreational users. The company operates under its own 'VIVIC' brand and holds an exclusive distribution agreement with Kha Shing Enterprise Co. for Monte Fino yachts across Asia and the Middle East, with non-exclusive distribution rights in most other territories outside markets where Kha Shing has granted exclusivity to others. As of the fiscal year ended June 30, 2025, Vivic reported a net loss of $3.45 million, an accumulated deficit of approximately $5.75 million, and cash of $41,903, with auditors preparing financial statements on a going-concern basis. Operations are centered in Taiwan, with target markets in the United States and Southeast Asia. The company has not declared or paid any cash dividends.
Products & Services
Power boats, charter boats, and eco-friendly new energy boats designed and constructed on an outsourced basis in Taiwan. Yacht models are offered under the proprietary 'VIVIC' brand and the Monte Fino brand distributed under agreement with Kha Shing Enterprise Co. Products include catamaran hull designs, diesel-engine and renewable-energy-convertible craft, and customized configurations for day cruising and extended voyages. The company also promotes yacht sharing and luxury yacht charter services.
Revenue Model
Transactional revenue from yacht sales and related-party yacht transactions, supplemented by yacht charter and sharing arrangements. A portion of revenue is derived from related-party customers. The company reported a working capital deficit of approximately $0.62 million as of June 30, 2025, and has financed operations primarily through related-party loans, equity issuances, and third-party commercial borrowings.
Customers & Markets
Affluent yacht operators and recreational users in the United States and Southeast Asia seeking outdoor water sports, yacht tourism, and social or business entertainment on the water. The company targets both outright buyers and customers who prefer yacht sharing or charter arrangements over ownership. Related-party customers represent a material portion of recorded revenue based on income statement line items for the year ended June 30, 2025.
Geographic Exposure
Primary operations in Taiwan. Target sales markets in the United States and Southeast Asia. Distribution rights for Monte Fino yachts cover Asia, the Middle East, and most global territories excluding markets where Kha Shing has granted exclusivity to other parties.
Financial Snapshot
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