VTS Vitesse Energy, Inc.

Overview and Growth

Vitesse Energy, Inc. generated $273.99M of revenue in fiscal 2025, with net income of $25.28M and an operating cash inflow of $170.35M. Revenue of $273.99M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $242.00M in fiscal 2024, revenue recorded a 13.2% year-over-year increase. On a per-share basis, diluted EPS was $0.64, which connects the reported earnings outcome with the company’s diluted share count. The per-share result recorded a 0.0% increase from fiscal 2024 diluted EPS of $0.64. A diluted share base of 39.55M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The company employed $893.35M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.31x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operating income was $17.13M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 6.3%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $25.28M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 9.2%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $35.08M of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 12.8%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $9.80M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 27.9%, without assuming a statutory-rate comparison. Return on period-end equity was 4.0%, relating annual net income to the equity capital on the balance sheet. The net-income-to-assets relationship measured 2.8%, showing earnings relative to the full balance sheet. Current net income of $25.28M was above fiscal 2024 net income of $21.06M, showing the direction of the bottom-line change.

Liquidity and Capital Structure

The company held $893.35M of assets against $264.03M of liabilities and $629.32M of equity, revealing how the asset base was financed. At period end, current assets of $52.17M compared with current liabilities of $51.25M, defining the company’s short-term resource position. Current assets covered current liabilities by 1.02x, leaving a positive buffer for near-term obligations. The company held $1.33M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 2.6%, excluding receivables and other current assets. Book equity represented 70.4% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 29.6%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 0.1% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 10.2% from $810.89M in fiscal 2024, leaving current total assets higher year over year. Book equity was 25.8% higher than fiscal 2024 equity of $500.33M, showing how shareholder capital changed year over year. Compared with $2.97M in fiscal 2024, the current cash balance moved 55.2% and finished lower.

Cash Flow and Earnings Quality

Cash flow from operations was $170.35M, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 6.74x, comparing cash generated by operations with the bottom-line earnings result. The operating cash outcome moved from $155.00M in fiscal 2024 to $170.35M, ending above the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.