VTS Q2 2023 Earnings — Vitesse Energy, Inc. Revenue & Financial Results | Market Cap Arena

VTSVitesse Energy, Inc.

$770M

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$52M-28.3% YoY

Gross Profit

$19M36.1% margin

Operating Income

$13M24.6% margin

Net Income

$10M18.6% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-11.0%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$18M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$702M

Total Liabilities

$144M

Stockholders' Equity

$558M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$72M	-28.3%
Gross Profit	$19M	$64M	-71.1%
Operating Income	$13M	$29M	-56.7%
Net Income	$10M	$17M	-42.6%

Revenue Segments

Oil

$49M94%

Natural Gas

$3M6%