VTS Q1 2022 Earnings — Vitesse Energy, Inc. Revenue & Financial Results | Market Cap Arena

VTSVitesse Energy, Inc.

$770M

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$65M+87.4% YoY

Gross Profit

$39M60.3% margin

Operating Income

$30M46.7% margin

Net Income

-$7M-11.0% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$647M

Total Liabilities

$167M

Stockholders' Equity

$480M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$35M	+87.4%
Gross Profit	$39M	$24M	+63.1%
Operating Income	$30M	$6M	+425.3%
Net Income	-$7M	-$9M	+18.9%