Vitesse Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Nov '20 Nov 30, 2020	2019
Revenue	248.17	220.5	212.28	257.8	181.51	97.23	Upgrade
Revenue Growth (YoY)	6.73%	3.87%	-17.66%	42.03%	86.68%	-37.56%	Upgrade
Cost of Revenue	63.86	47.6	39.51	31.13	27.26	50.9	Upgrade
Gross Profit	184.31	172.9	172.77	226.67	154.25	46.33	Upgrade
Selling, General & Admin	28.47	21.01	23.93	19.83	11.4	9.2	Upgrade
Other Operating Expenses	-12.69	2.35	-12.48	30.83	131.78	-29.63	Upgrade
Operating Expenses	147.48	131.78	125.43	103.63	239.72	37.33	Upgrade
Operating Income	36.83	41.12	47.34	123.04	-85.48	9	Upgrade
Interest Expense	-10.3	-9.98	-5.28	-4.15	-2.84	-4.68	Upgrade
Other Non Operating Income (Expenses)	0.18	0.09	0.14	0.02	0.01	0.02	Upgrade
EBT Excluding Unusual Items	26.71	31.23	42.2	118.9	-88.31	4.34	Upgrade
Merger & Restructuring Charges	-5	-2.5	-	-	-	-	Upgrade
Asset Writedown	-	-	-	-	-	-13.2	Upgrade
Pretax Income	28.81	28.73	42.2	118.9	-88.31	-8.86	Upgrade
Income Tax Expense	7.92	7.67	61.95	-	-	-	Upgrade
Net Income	20.89	21.06	-19.74	118.9	-88.31	-8.86	Upgrade
Preferred Dividends & Other Adjustments	-	-	1.83	118.9	-88.31	-	Upgrade
Net Income to Common	20.89	21.06	-21.58	-	-	-8.86	Upgrade
Shares Outstanding (Basic)	35	30	30	439	439	439	Upgrade
Shares Outstanding (Diluted)	38	33	30	439	439	439	Upgrade
Shares Change (YoY)	17.39%	11.34%	-93.26%	-	-	-	Upgrade
EPS (Basic)	0.59	0.70	-0.73	-	-	-0.02	Upgrade
EPS (Diluted)	0.56	0.64	-0.73	-	-0.24	-0.02	Upgrade
Free Cash Flow	41.48	39.68	21.28	62.46	102.77	5.48	Upgrade
Free Cash Flow Per Share	1.10	1.21	0.72	0.14	0.23	0.01	Upgrade
Dividend Per Share	2.212	2.075	2.000	0.500	-	-	Upgrade
Dividend Growth	7.93%	3.75%	300.00%	-	-	-	Upgrade
Gross Margin	74.27%	78.41%	81.39%	87.92%	84.98%	47.65%	Upgrade
Operating Margin	14.84%	18.65%	22.30%	47.73%	-47.09%	9.26%	Upgrade
Profit Margin	8.42%	9.55%	-10.16%	-	-	-9.11%	Upgrade
Free Cash Flow Margin	16.71%	18.00%	10.02%	24.23%	56.62%	5.63%	Upgrade
EBITDA	158.72	141.43	129.08	186.77	-20.47	67.31	Upgrade
EBITDA Margin	63.95%	64.14%	60.81%	72.45%	-11.28%	69.23%	Upgrade
D&A For EBITDA	121.89	100.31	81.75	63.73	65	58.31	Upgrade
EBIT	36.83	41.12	47.34	123.04	-85.48	9	Upgrade
EBIT Margin	14.84%	18.65%	22.30%	47.73%	-47.09%	9.26%	Upgrade
Effective Tax Rate	27.50%	26.70%	146.78%	-	-	-	Upgrade
Revenue as Reported	271.3	242	233.91	281.89	197.59	97.23	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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