VTS Q2 2022 Earnings — Vitesse Energy, Inc. Revenue & Financial Results | Market Cap Arena

VTSVitesse Energy, Inc.

$770M

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$72M+107.5% YoY

Gross Profit

$64M89.3% margin

Operating Income

$29M40.8% margin

Net Income

$17M23.3% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$11M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$647M

Total Liabilities

$220M

Stockholders' Equity

$427M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72M	$35M	+107.5%
Gross Profit	$64M	$24M	+167.5%
Operating Income	$29M	$6M	+407.7%
Net Income	$17M	-$9M	+289.8%