V2X, Inc. (VVX)

V2X, Inc. 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 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,328	4,322	3,963	2,891	1,784	1,396
Revenue Growth (YoY)	7.38%	9.06%	37.09%	62.07%	27.81%	0.94%
Cost of Revenue	3,977	3,979	3,628	2,596	1,623	1,271
Gross Profit	350.79	342.96	334.86	295.01	160.42	124.15
Selling, General & Admin	187.62	183.76	210.44	199.34	98.4	80.68
Operating Expenses	187.62	183.76	210.44	199.34	98.4	80.68
Operating Income	163.17	159.2	124.42	95.67	62.02	43.48
Interest Expense	-101.25	-109.16	-123.41	-61.88	-7.99	-4.79
Interest & Investment Income	1.21	1.26	0.97	-	-	-
Other Non Operating Income (Expenses)	-11.13	-10.47	-4.19	-	-	-
EBT Excluding Unusual Items	52	40.84	-2.22	33.79	54.04	38.68
Merger & Restructuring Charges	-	-	-	-39.9	-	-
Asset Writedown	-2.19	-2.19	-	-	-	-
Other Unusual Items	-2.02	0.2	-22.3	-	-	-
Pretax Income	47.79	38.84	-24.52	-6.11	54.04	38.68
Income Tax Expense	6.14	4.16	-1.95	8.22	8.31	1.73
Net Income	41.65	34.68	-22.57	-14.33	45.73	36.95
Net Income to Common	41.65	34.68	-22.57	-14.33	45.73	36.95
Net Income Growth	-	-	-	-	23.75%	11.38%
Shares Outstanding (Basic)	32	31	31	21	12	12
Shares Outstanding (Diluted)	32	32	31	21	12	12
Shares Change (YoY)	2.67%	2.84%	48.05%	77.39%	0.72%	1.20%
EPS (Basic)	1.32	1.10	-0.73	-0.68	3.91	3.19
EPS (Diluted)	1.29	1.08	-0.73	-0.68	3.86	3.14
EPS Growth	-	-	-	-	22.93%	9.79%
Free Cash Flow	209.29	242.45	162.95	81.07	51.56	59.58
Free Cash Flow Per Share	6.54	7.58	5.24	3.86	4.36	5.07
Gross Margin	8.11%	7.94%	8.45%	10.21%	8.99%	8.90%
Operating Margin	3.77%	3.68%	3.14%	3.31%	3.48%	3.12%
Profit Margin	0.96%	0.80%	-0.57%	-0.50%	2.56%	2.65%
Free Cash Flow Margin	4.84%	5.61%	4.11%	2.80%	2.89%	4.27%
EBITDA	272.77	270.77	237.25	157.79	78.57	51.6
EBITDA Margin	6.30%	6.26%	5.99%	5.46%	4.41%	3.70%
D&A For EBITDA	109.6	111.57	112.83	62.12	16.55	8.13
EBIT	163.17	159.2	124.42	95.67	62.02	43.48
EBIT Margin	3.77%	3.68%	3.14%	3.31%	3.48%	3.12%
Effective Tax Rate	12.85%	10.70%	-	-	15.37%	4.47%

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

SEC Filings: 10-K · 10-Q