Vitesse Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Nov '20 Nov 30, 2020	Nov '19 Nov 30, 2019
Revenue	232.52	212.28	257.8	181.51	97.23	155.73
Revenue Growth (YoY)	13.53%	-17.66%	42.03%	86.68%	-37.56%	-
Cost of Revenue	46.82	39.51	31.13	27.26	50.9	42.88
Gross Profit	185.71	172.77	226.67	154.25	46.33	112.85
Selling, General & Admin	26.92	23.93	11.93	11.4	9.2	7.96
Other Operating Expenses	-21.29	-12.48	30.83	131.78	-29.63	-3.78
Operating Expenses	112.46	125.43	95.73	239.72	37.33	72.2
Operating Income	73.25	47.34	130.94	-85.48	9	40.66
Interest Expense	-9.33	-5.28	-4.15	-2.84	-4.68	-4.83
Other Non Operating Income (Expenses)	0.11	0.14	0.02	0.01	0.02	0.05
EBT Excluding Unusual Items	64.03	42.2	126.8	-88.31	4.34	35.89
Asset Writedown	-	-	-	-	-13.2	-
Other Unusual Items	6.8	-	-7.9	-	-	-
Pretax Income	70.83	42.2	118.9	-88.31	-8.86	35.89
Income Tax Expense	24.73	61.95	-	-	-	-
Net Income	46.1	-19.74	118.9	-88.31	-8.86	35.89
Preferred Dividends & Other Adjustments	-	1.83	118.9	-88.31	-	0.91
Net Income to Common	46.1	-21.58	-	-	-8.86	34.98
Shares Outstanding (Basic)	30	30	439	439	439	439
Shares Outstanding (Diluted)	32	30	439	439	439	439
Shares Change (YoY)	-75.76%	-93.26%	-	-	-	-
EPS (Basic)	1.55	-0.73	0.26	-	-0.02	0.08
EPS (Diluted)	1.45	-0.73	0.26	-0.24	-0.02	0.08
Free Cash Flow	21.64	21.28	62.46	102.77	5.48	-3.23
Free Cash Flow Per Share	0.68	0.72	0.14	0.23	0.01	-0.01
Dividend Per Share	2.050	2.000	0.500	-	-	-
Dividend Growth	2.50%	300.00%	-	-	-	-
Gross Margin	79.87%	81.39%	87.92%	84.98%	47.65%	72.47%
Operating Margin	31.50%	22.30%	50.79%	-47.09%	9.26%	26.11%
Profit Margin	19.83%	-10.16%	-	-	-9.11%	22.46%
Free Cash Flow Margin	9.31%	10.02%	24.23%	56.62%	5.63%	-2.07%
EBITDA	172.54	129.08	194.67	-20.47	67.31	105.38
EBITDA Margin	74.20%	60.81%	75.51%	-11.28%	69.22%	67.67%
D&A For EBITDA	99.29	81.75	63.73	65	58.31	64.72
EBIT	73.25	47.34	130.94	-85.48	9	40.66
EBIT Margin	31.50%	22.30%	50.79%	-47.09%	9.26%	26.11%
Effective Tax Rate	34.91%	146.78%	-	-	-	-
Revenue as Reported	255.38	233.91	281.89	197.59	97.23	171.3

Source: S&P Capital IQ. Standard template. Financial Sources.