VTS Q3 2024 Earnings — Vitesse Energy, Inc. Revenue & Financial Results | Market Cap Arena

VTSVitesse Energy, Inc.

$770M

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$58M+5.9% YoY

Gross Profit

$16M28.2% margin

Operating Income

$9M15.4% margin

Net Income

$17M29.9% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-12.5%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$29M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$791M

Total Liabilities

$271M

Stockholders' Equity

$520M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$55M	+5.9%
Gross Profit	$16M	$21M	-21.5%
Operating Income	$9M	$16M	-43.7%
Net Income	$17M	-$1M	+1289.8%

Revenue Segments

Oil

$56M96%

Natural Gas

$2M4%