Vitesse Energy, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $274.0M | $242.0M | $233.9M | $281.9M | $167.8M | $97.2M |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $24.3M | $23.5M | $23.9M | $19.8M | $10.6M | $9.2M |
| Operating Income | $17.1M | $41.0M | $34.9M | $153.9M | $53.9M | $-33.8M |
| Operating Margin | 6.3% | 16.9% | 14.9% | 54.6% | 32.1% | -34.8% |
| Interest Expense | — | — | $5.3M | $4.2M | $3.2M | $4.7M |
| Pretax Income | $35.1M | $28.7M | $42.2M | $118.9M | $18.1M | — |
| Income Tax Expense | $9.8M | $7.7M | $61.9M | $0 | $0 | — |
| Net Income | $25.3M | $21.1M | $-19.7M | $118.9M | $18.1M | $-8.9M |
| Net Margin | 9.2% | 8.7% | -8.4% | 42.2% | 10.8% | -9.1% |
| EPS (Basic) | $0.67 | $0.70 | $-0.73 | $0.26 | $0.04 | $-0.02 |
| EPS (Diluted) | $0.64 | $0.64 | $-0.73 | $0.26 | $0.04 | $-0.02 |
| Shares Outstanding (Basic) | 37.6M | 30.0M | 29.6M | 438.6M | 438.6M | 450.0M |
| Shares Outstanding (Diluted) | 39.6M | 32.9M | 29.6M | 438.6M | 438.6M | 438.6M |
| Dividends Per Share | $2.25 | $2.08 | $2.00 | — | — | — |