Vitesse Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	233.91	281.89	167.84	97.23	171.3
Revenue Growth (YoY)	-17.02%	67.96%	72.62%	-43.24%	-
Cost of Revenue	61.14	55.23	41.1	50.9	58.45
Gross Profit	172.77	226.67	126.73	46.33	112.85
Selling, General & Admin	23.93	19.83	10.58	9.2	7.96
Other Operating Expenses	113.98	52.97	62.26	70.96	68.02
Operating Expenses	137.91	72.8	72.84	80.16	75.97
Operating Income	34.85	153.87	53.9	-33.83	36.88
Interest Expense / Income	5.28	4.15	3.21	4.68	4.83
Other Expense / Income	-10.79	149.71	50.69	-29.66	-3.83
Pretax Income	40.37	0	0	-8.86	35.89
Income Tax	61.95	0	0	0	0
Net Income	-21.58	0	0	-8.86	35.89
Shares Outstanding (Basic)	30	439	439	-	-
Shares Outstanding (Diluted)	30	439	439	-	-
Shares Change	-93.26%	-	-	-	-
EPS (Basic)	-0.73	0.26	0.04	-0.02	0.08
EPS (Diluted)	-0.73	0.26	0.04	-0.02	0.08
EPS Growth	-	550.00%	-	-	-
Free Cash Flow	21.28	62.46	43.65	5.48	-3.23
Free Cash Flow Per Share	0.72	0.14	0.10	-	-
Dividend Per Share	1.500	-	-	-	-
Gross Margin	73.86%	80.41%	75.51%	47.65%	65.88%
Operating Margin	14.90%	54.58%	32.11%	-34.80%	21.53%
Profit Margin	-9.22%	-	-	-9.11%	20.95%
Free Cash Flow Margin	9.10%	22.16%	26.01%	5.63%	-1.88%
Effective Tax Rate	153.45%	-	-	-	-
EBITDA	127.39	67.89	64.05	54.13	105.43
EBITDA Margin	54.46%	24.08%	38.16%	55.67%	61.55%
Depreciation & Amortization	81.75	63.73	60.85	58.31	64.72
EBIT	45.65	4.15	3.21	-4.18	40.71
EBIT Margin	19.51%	1.47%	1.91%	-4.30%	23.77%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).