Vitesse Energy, Inc. (VTS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	284.5M	274.0M	242.0M	233.9M	281.9M
Cost of Revenue	194.3M	222.3M	169.4M	142.9M	119.0M
Gross Profit	90.1M	51.7M	72.6M	91.0M	162.9M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	21.7M	34.6M	31.6M	56.2M	9.1M
General & Admin Expense	21.7M	34.6M	31.6M	56.2M	9.1M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	48.5M	—	—	—	—
Total Operating Expenses	70.3M	34.6M	31.6M	56.2M	9.1M
Cost and Expenses	264.6M	256.9M	201.0M	199.1M	128.0M
Operating Income (EBIT)	19.9M	17.1M	41.0M	34.9M	153.9M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	16.5M	10.2M	10.0M	5.3M	4.2M
Net Interest Income	(16.5M)	(10.2M)	(10.0M)	(5.3M)	(4.2M)
Other Non-Op Income/Expense	(33.7M)	17.9M	(12.2M)	7.3M	(35.0M)
Non-Operating Income (excl Interest)	67.3M	(28.2M)	2.3M	(12.6M)	30.8M
EBT (Pre-Tax Income)	(13.8M)	35.1M	28.7M	42.2M	118.9M
Income Tax Expense	(2.6M)	9.8M	7.7M	61.9M	—
Bottom Line
Net Income	(11.2M)	25.3M	21.1M	(21.6M)	118.9M
Earnings from Cont. Ops	(11.2M)	25.3M	21.1M	(19.7M)	118.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(11.2M)	25.3M	21.1M	(21.6M)	115.9M
Per Share
Basic EPS	($0.31)	$0.67	$0.70	($0.73)	$0.26
Diluted EPS	($0.33)	$0.64	$0.64	($0.73)	$0.26
Revenue Per Share	$6.77	$7.28	$8.06	$7.91	$10.00
Shares
Basic Shares Outstanding	42.0M	37.6M	30.0M	29.6M	28.2M
Diluted Shares Outstanding	42.9M	39.6M	32.9M	29.6M	28.2M
Profitability Metrics
EBITDA	86.9M	174.7M	139.0M	129.2M	186.8M
D&A	134.3M	129.4M	100.3M	81.7M	63.7M
EBIT	(47.4M)	45.3M	38.7M	47.5M	123.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026