Vitesse Energy, Inc. (VTS)

Vitesse Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Nov 30, 2020
Revenue	239.9	220.5	212.28	257.8	181.51	97.23
Revenue Growth (YoY)	4.55%	3.87%	-17.66%	42.03%	86.68%	-37.56%
Cost of Revenue	57.02	47.6	39.51	31.13	27.26	50.9
Gross Profit	182.88	172.9	172.77	226.67	154.25	46.33
Selling, General & Admin	20.85	21.01	23.93	19.83	11.4	9.2
Other Operating Expenses	-29.38	2.35	-12.48	30.83	131.78	-29.63
Operating Expenses	113.4	131.78	125.43	103.63	239.72	37.33
Operating Income	69.49	41.12	47.34	123.04	-85.48	9
Interest Expense	-10.64	-9.98	-5.28	-4.15	-2.84	-4.68
Other Non Operating Income (Expenses)	0.19	0.09	0.14	0.02	0.01	0.02
EBT Excluding Unusual Items	59.04	31.23	42.2	118.9	-88.31	4.34
Merger & Restructuring Charges	-5	-2.5	-	-	-	-
Asset Writedown	-	-	-	-	-	-13.2
Pretax Income	54.04	28.73	42.2	118.9	-88.31	-8.86
Income Tax Expense	14.4	7.67	61.95	-	-	-
Net Income	39.65	21.06	-19.74	118.9	-88.31	-8.86
Preferred Dividends & Other Adjustments	-	-	1.83	118.9	-88.31	-
Net Income to Common	39.65	21.06	-21.58	-	-	-8.86
Shares Outstanding (Basic)	33	30	30	439	439	439
Shares Outstanding (Diluted)	35	33	30	439	439	439
Shares Change (YoY)	13.51%	11.34%	-93.26%	-	-	-
EPS (Basic)	1.20	0.70	-0.73	-	-	-0.02
EPS (Diluted)	1.12	0.64	-0.73	-	-0.24	-0.02
Free Cash Flow	52.37	39.68	21.28	62.46	102.77	5.48
Free Cash Flow Per Share	1.48	1.21	0.72	0.14	0.23	0.01
Dividend Per Share	2.175	2.075	2.000	0.500	-	-
Dividend Growth	7.41%	3.75%	300.00%	-	-	-
Gross Margin	76.23%	78.41%	81.39%	87.92%	84.98%	47.65%
Operating Margin	28.97%	18.65%	22.30%	47.73%	-47.09%	9.26%
Profit Margin	16.53%	9.55%	-10.16%	-	-	-9.11%
Free Cash Flow Margin	21.83%	18.00%	10.02%	24.23%	56.62%	5.63%
EBITDA	182.08	141.43	129.08	186.77	-20.47	67.31
EBITDA Margin	75.89%	64.14%	60.81%	72.45%	-11.28%	69.23%
D&A For EBITDA	112.59	100.31	81.75	63.73	65	58.31
EBIT	69.49	41.12	47.34	123.04	-85.48	9
EBIT Margin	28.97%	18.65%	22.30%	47.73%	-47.09%	9.26%
Effective Tax Rate	26.64%	26.70%	146.78%	-	-	-
Revenue as Reported	262.13	242	233.91	281.89	197.59	97.23

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q