VIVK

MKT CAP:$563038

Vivakor, Inc.

Market Cap

$563038

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Exploration & Production·🇺🇸·NASDAQ

Stock Price

$1.96+$1.95 (+19500.00%)

Apr 20, 2026

Company Details

Vivakor, Inc. operates, acquires, and develops clean energy technologies and environmental solutions primarily focused on soil remediation in the United States and Kuwait. It specializes in the remediation of soil and the extraction of hydr...

CEO

James H. Ballengee

IPO Date

Sep 3, 2009

Website

vivakor.com

Key Metrics TTM

Revenue

$60M

+406.9% YoY

Net Income

-$11M

EPS (Diluted)

-$56.19

Free Cash Flow

-$16M

Revenue / Share

$2.13

Gross Margin

-0.3%

Operating Margin

-15.0%

Net Margin

-18.2%

FCF Margin

-26.4%

P/S

0.0x

P/E

—

Earnings Reports

Q2 2024

Aug 16, 2024

$16M+19.1%EPS -$0.12

Q1 2024

May 20, 2024

$16MEPS -$0.07

Q4 2023

Apr 16, 2024

$14MEPS -$36.00

Q2 2023

Aug 18, 2023

$14MEPS -$20.00

Q3 2022

Nov 21, 2022

$12M+1118.3%EPS -$18.54

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 19	$0	-$412.1K	-$460.2K
Q1 20	$984.4K	-$385.9K	-$788.3K
Q2 20	$39.0K	-$399.1K	-$882.7K
Q3 20	$392.7K	-$323.7K	-$920.5K
Q4 20	$41.7K	-$352.5K	-$2M
Q1 21	$95.0K	-$360.2K	-$2M
Q2 21	$22.0K	-$363.2K	-$2M
Q3 21	$965.8K	-$337.0K	-$1M
Q4 21	$5.7K	-$364.4K	-$2M
Q1 22	$0	-$375.2K	-$2M
Q2 22	$0	-$558.6K	-$4M
Q3 22	$12M	$92.9K	-$2M
Q2 23	$14M	$546.9K	-$837.9K
Q4 23	$14M	-$917.2K	-$4M
Q1 24	$16M	$59.1K	-$2M
Q2 24	$16M	$122.4K	-$3M

Valuation

Quarter	P/S	P/E
Q4 19	73.7x	—
Q1 20	56.0x	13.3x
Q2 20	92.7x	33.6x
Q3 20	101.2x	98.6x
Q4 20	97.9x	102.1x
Q1 21	275.2x	35.1x
Q2 21	221.6x	—
Q3 21	88.6x	—
Q4 21	113.5x	—
Q1 22	30.8x	—
Q2 22	36.4x	—
Q3 22	1.7x	—
Q2 23	0.8x	—
Q4 23	0.7x	—
Q1 24	0.4x	—
Q2 24	1.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$866.8K	-$1M
Q2 22	-$2M	-$3M
Q3 22	-$644.2K	-$1M
Q4 22	-$690.3K	-$1M
Q1 23	-$1M	-$2M
Q2 23	-$20.7K	-$1M
Q3 23	$458.1K	-$1M
Q4 23	$73.8K	$594.5K
Q1 24	-$2M	-$3M
Q2 24	$1M	-$143.5K
Q3 24	$990.7K	$804.6K
Q4 24	$2M	-$531.5K
Q1 25	$0	$0
Q2 25	-$7M	-$7M
Q3 25	$11M	$11M
Q4 25	-$20M	-$20M

Capital Expenditures

Quarter	CapEx
Q1 22	$206.3K
Q2 22	$925.7K
Q3 22	$677.6K
Q4 22	$684.0K
Q1 23	$883.8K
Q2 23	$1M
Q3 23	$2M
Q4 23	$520.7K
Q1 24	$1M
Q2 24	$1M
Q3 24	$186.1K
Q4 24	$2M
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$25.5K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 19	-100.0%	-18.6%
Q1 20	+59.8%	+106.9%
Q2 20	—	+47.5%
Q3 20	—	+58.1%
Q4 20	—	+403.0%
Q1 21	-90.3%	+25.9%
Q2 21	-43.6%	+89.5%
Q3 21	+145.9%	+80.6%
Q4 21	-86.4%	-28.1%
Q1 22	-100.0%	-15.8%
Q2 22	-100.0%	+106.1%
Q3 22	+1118.3%	+494.4%
Q2 23	+239551.5%	+766.9%
Q4 23	—	+831.0%
Q1 24	—	+389.9%
Q2 24	+37.5%	+35.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$111.5K	—
Q2 22	$1M	—
Q3 22	$844.9K	7.2%
Q4 22	$421.1K	—
Q1 23	$0	—
Q2 23	$0	0.0%
Q3 23	$1M	—
Q4 23	$337.4K	2.4%
Q1 24	$328.0K	2.0%
Q2 24	$810.1K	5.0%
Q3 24	$488.4K	—
Q4 24	$925.5K	—
Q1 25	$801.4K	—
Q2 25	$351.7K	—
Q3 25	$26.1K	—
Q4 25	$2M	—

OpEx Breakdown

Quarter	SG&A
Q4 19	$48.1K
Q1 20	$402.4K
Q2 20	$483.7K
Q3 20	$596.8K
Q4 20	$2M
Q1 21	$2M
Q2 21	$1M
Q3 21	$1M
Q4 21	$1M
Q1 22	$2M
Q2 22	$3M
Q3 22	$2M
Q2 23	$1M
Q4 23	$3M
Q1 24	$2M
Q2 24	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 09	$187.6K	$0	$187.6K
Q1 10	$17.8K	$0	$17.8K
Q2 10	$756	$0	$756
Q3 10	$561	$0	$561
Q1 19	$0	$2M	$2M
Q4 19	$604.9K	$0	$604.9K
Q1 20	$0	$1M	$1M
Q2 20	$477.2K	$3M	$3M
Q3 20	$231.0K	$1M	$1M
Q4 20	$398.9K	$4M	$4M
Q1 21	$2M	$17M	$19M
Q2 21	$4M	$8M	$11M
Q3 21	$3M	$5M	$9M
Q4 21	$1M	$2M	$4M
Q1 22	$7M	$3M	$10M
Q2 22	$5M	$2M	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 19	46K	+3.9%	+30412.5%
Q1 20	77K	+65.0%	+89.7%
Q2 20	52K	-32.2%	+22.9%
Q3 20	53K	+1.3%	+17.8%
Q4 20	54K	+2.8%	+16.6%
Q1 21	66K	+21.2%	-14.4%
Q2 21	60K	-8.7%	+15.3%
Q3 21	62K	+2.8%	+17.0%
Q4 21	62K	+0.1%	+13.9%
Q1 22	69K	+11.5%	+4.8%
Q2 22	75K	+9.5%	+25.7%
Q3 22	85K	+13.4%	+38.6%
Q2 23	90K	+6.0%	+46.7%
Q4 23	114K	+26.2%	+66.0%
Q1 24	26M	+23056.9%	+34998.9%
Q2 24	28M	+6.0%	+32735.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 19	$0	3
Q1 20	$328.1K	3
Q2 20	$13.0K	3
Q3 20	$130.9K	3
Q4 20	$13.9K	3
Q1 21	$31.7K	3
Q2 21	$7.3K	3
Q3 21	$321.9K	3
Q4 21	$227	25
Q1 22	$0	25
Q2 22	$0	25
Q3 22	$470.6K	25
Q2 23	$1M	10
Q4 23	$3M	5
Q1 24	$3M	5
Q2 24	$3M	5

Revenue / Employee