VIVAKOR, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $104.4M | $89.8M | $59.3M | $28.1M | $1.1M | $1.5M |
| Cost of Revenue | $66.7M | $79.6M | $54.3M | $25.2M | $1.1M | $1.4M |
| Gross Profit | $37.7M | $10.2M | $5.0M | $2.9M | $37.8K | $101.4K |
| Gross Margin | 36.1% | 11.4% | 8.5% | 10.2% | 3.5% | 7.0% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $43.0M | $12.2M | $7.4M | $10.0M | $4.7M | $2.8M |
| Operating Income | $-63.8M | $-22.0M | $-6.3M | $-22.7M | $-6.9M | $-4.8M |
| Operating Margin | -61.1% | -24.5% | -10.7% | -80.9% | -636.3% | -332.6% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-110.1M | $-26.2M | $-10.7M | $-24.7M | $-8.3M | — |
| Income Tax Expense | $117.0K | $126.9K | $92.7K | $-4.4M | $-1.1M | $467.0K |
| Net Income | $-110.2M | $-26.4M | $-10.8M | $-20.2M | $-7.3M | $-2.9M |
| Net Margin | -105.6% | -29.3% | -18.3% | -72.0% | -666.6% | -197.0% |
| EPS (Basic) | $-318.01 | $-151.32 | $-0.56 | — | $-0.46 | $-0.23 |
| EPS (Diluted) | $-318.01 | $-151.32 | $-0.56 | — | — | — |
| Shares Outstanding (Basic) | 362.6K | 30.5M | 19.3M | 18.1M | 12.0M | 10.3M |
| Shares Outstanding (Diluted) | 362.6K | 30.5M | 19.3M | 18.1M | 12.0M | 10.3M |
| Dividends Per Share | — | — | — | — | — | — |