Vitesse Energy, Inc.
Vitesse Energy, Inc. (VTS) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Vitesse Energy, Inc. (VTS), featuring income statements, balance sheets, and cash flow data.
Vitesse Energy, Inc. (VTS) Income Statement & Financial Overview
View the income breakdown for Vitesse Energy, Inc. VTS across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $66.17M | $55.93M | $58.28M | $66.60M |
| Cost of Revenue | $0.00 | $43.39M | $41.87M | $43.01M |
| Gross Profit | $66.17M | $12.54M | $16.41M | $23.59M |
| Gross Profit Ratio | $1.00 | $0.22 | $0.28 | $0.35 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $12.13M | $10.44M | $7.43M | $6.77M |
| Operating Expenses | $13.85M | $10.44M | $7.43M | $6.77M |
| Total Costs & Expenses | $60.79M | $53.83M | $49.30M | $49.78M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | -$2.90M | $2.47M | $2.72M | $2.58M |
| Depreciation & Amortization | $26.56M | $26.53M | $24.91M | $25.32M |
| EBITDA | $26.53M | $22.38M | $51.30M | $42.51M |
| EBITDA Ratio | $0.40 | $0.40 | $0.88 | $0.64 |
| Operating Income | $5.38M | $2.10M | $8.98M | $16.81M |
| Operating Income Ratio | $0.08 | $0.04 | $0.15 | $0.25 |
| Other Income/Expenses (Net) | -$2.91M | -$8.72M | $14.68M | -$2.21M |
| Income Before Tax | $2.47M | -$6.62M | $23.66M | $14.61M |
| Income Before Tax Ratio | $0.04 | -$0.12 | $0.41 | $0.22 |
| Income Tax Expense | $201000.00 | -$1.49M | $6.22M | $3.68M |
| Net Income | $2.67M | -$5.13M | $17.44M | $10.93M |
| Net Income Ratio | $0.04 | -$0.09 | $0.30 | $0.16 |
| EPS | $0.08 | -$0.16 | $0.58 | $0.36 |
| Diluted EPS | $0.08 | -$0.16 | $0.53 | $0.33 |
| Weighted Avg Shares Outstanding | $33.07M | $32.91M | $30.08M | $30.05M |
| Weighted Avg Shares Outstanding (Diluted) | $35.09M | $32.91M | $32.99M | $33.03M |
Over the last four quarters, Vitesse Energy, Inc. achieved steady financial progress, growing revenue from $66.60M in Q2 2024 to $66.17M in Q1 2025. Gross profit stayed firm with margins at 100% in Q1 2025 versus 35% in Q2 2024. Operating income totaled $5.38M in Q1 2025, maintaining a 8% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $26.53M. Net income rose to $2.67M, with EPS at $0.08. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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