Vitesse Energy
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Vitesse Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 22% to $233,905,000. Profit margin reached -9%. Total operating expenses were $56,167,000.

Profit Margin

Vitesse Energy, Inc. (NYSE:VTS): Profit margin
2019 171.30M 35.88M 20.95%
2020 97.23M -13.55M -13.94%
2021 185.17M 18.11M 9.78%
2022 300.07M 118.90M 39.63%
2023 233.90M -21.57M -9.22%

VTS Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
233.90M300.07M185.17M97.23M171.30M
Cost of revenue
142.88M137.13M58.44M50.90M58.44M
Gross profit
91.02M162.93M126.73M46.32M112.85M
Operating exp.
Research and development
00000
Selling and marketing
0-2.86M000
Total operating expenses
56.16M9.06M72.83M66.95M75.97M
Operating income
34.85M153.86M53.89M-20.61M36.88M
Other income (expenses), net
7.34M-34.96M-35.78M11.75M-993K
Income before tax
42.20M118.90M18.11M-8.85M35.88M
Income tax expense
61.94M3.20M3.22M4.7M4.87M
Net income
-21.57M118.90M18.11M-13.55M35.88M
Earnings per share
Basic EPS
-0.730.260.62-0.481.23
Diluted EPS
-0.730.260.62-0.481.23
Data sourceData source