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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Nov 30, 2020
Revenue	225.5	220.5	212.28	257.8	181.51	97.23
Revenue Growth (YoY)	4.90%	3.87%	-17.66%	42.03%	86.68%	-37.56%
Cost of Revenue	49.66	47.6	39.51	31.13	27.26	50.9
Gross Profit	175.84	172.9	172.77	226.67	154.25	46.33
Selling, General & Admin	23.17	21.01	23.93	19.83	11.4	9.2
Other Operating Expenses	-11.3	2.35	-12.48	30.83	131.78	-29.63
Operating Expenses	124.16	131.78	125.43	103.63	239.72	37.33
Operating Income	51.68	41.12	47.34	123.04	-85.48	9
Interest Expense	-10.68	-9.98	-5.28	-4.15	-2.84	-4.68
Other Non Operating Income (Expenses)	0.22	0.09	0.14	0.02	0.01	0.02
EBT Excluding Unusual Items	41.22	31.23	42.2	118.9	-88.31	4.34
Merger & Restructuring Charges	-7.1	-2.5	-	-	-	-
Asset Writedown	-	-	-	-	-	-13.2
Pretax Income	34.12	28.73	42.2	118.9	-88.31	-8.86
Income Tax Expense	8.2	7.67	61.95	-	-	-
Net Income	25.91	21.06	-19.74	118.9	-88.31	-8.86
Preferred Dividends & Other Adjustments	-	-	1.83	118.9	-88.31	-
Net Income to Common	25.91	21.06	-21.58	-	-	-8.86
Shares Outstanding (Basic)	31	30	30	439	439	439
Shares Outstanding (Diluted)	34	33	30	439	439	439
Shares Change (YoY)	15.43%	11.34%	-93.26%	-	-	-
EPS (Basic)	0.84	0.70	-0.73	-	-	-0.02
EPS (Diluted)	0.76	0.64	-0.73	-	-0.24	-0.02
Free Cash Flow	19.59	39.68	21.28	62.46	102.77	5.48
Free Cash Flow Per Share	0.57	1.21	0.72	0.14	0.23	0.01
Dividend Per Share	2.138	2.075	2.000	0.500	-	-
Dividend Growth	6.88%	3.75%	300.00%	-	-	-
Gross Margin	77.98%	78.41%	81.39%	87.92%	84.98%	47.65%
Operating Margin	22.92%	18.65%	22.30%	47.73%	-47.09%	9.26%
Profit Margin	11.49%	9.55%	-10.16%	-	-	-9.11%
Free Cash Flow Margin	8.69%	18.00%	10.02%	24.23%	56.62%	5.63%
EBITDA	155	141.43	129.08	186.77	-20.47	67.31
EBITDA Margin	68.74%	64.14%	60.81%	72.45%	-11.28%	69.23%
D&A For EBITDA	103.33	100.31	81.75	63.73	65	58.31
EBIT	51.68	41.12	47.34	123.04	-85.48	9
EBIT Margin	22.92%	18.65%	22.30%	47.73%	-47.09%	9.26%
Effective Tax Rate	24.04%	26.70%	146.78%	-	-	-
Revenue as Reported	246.98	242	233.91	281.89	197.59	97.23

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q