Vivakor Reports Fourth Quarter Year-Over-Year 201% Revenue Growth to $41.7 Million
Vivakor (NASDAQ:VIVK) reported strong financial results for Q4 2024, with revenue surging 201% year-over-year to $41.7 million. The company's gross profit increased 746% to $5.7 million, with a gross margin of 20.01%.
For the full year 2024, revenue grew 51% to $89.8 million, with gross profit up 104% to $10.2 million. The newly acquired transportation logistics business segment contributed $18.8 million to revenue with a 27% gross margin. The terminaling and storage segment saw revenues increase by $11.8 million (19.84%).
Total assets increased by $170.7 million, primarily due to a business combination acquisition completed on October 1, 2024. This includes $87.7 million in property plant and equipment, comprising a newly acquired truck fleet, a 45-mile crude oil gathering pipeline in Oklahoma, and 15 crude oil pipeline injection truck stations. The company entered 2025 with approximately $160 million projected annualized revenue run-rate.
Vivakor (NASDAQ:VIVK) ha riportato risultati finanziari solidi per il quarto trimestre 2024, con ricavi in aumento del 201% su base annua, raggiungendo 41,7 milioni di dollari. Il profitto lordo della società è cresciuto del 746%, arrivando a 5,7 milioni di dollari, con un margine lordo del 20,01%.
Per l'intero anno 2024, i ricavi sono cresciuti del 51%, raggiungendo 89,8 milioni di dollari, mentre il profitto lordo è aumentato del 104%, a 10,2 milioni di dollari. Il nuovo segmento di business acquisito nel settore della logistica dei trasporti ha contribuito con 18,8 milioni di dollari ai ricavi, con un margine lordo del 27%. Il segmento terminalistico e di stoccaggio ha registrato un aumento dei ricavi di 11,8 milioni di dollari (19,84%).
Le attività totali sono aumentate di 170,7 milioni di dollari, principalmente a seguito di un'acquisizione tramite combinazione aziendale completata il 1° ottobre 2024. Questo include 87,7 milioni di dollari in immobilizzazioni materiali, comprendenti una nuova flotta di camion, un oleodotto di raccolta del petrolio grezzo lungo 45 miglia in Oklahoma e 15 stazioni di iniezione per oleodotti di petrolio grezzo. La società è entrata nel 2025 con un fatturato annualizzato previsto di circa 160 milioni di dollari.
Vivakor (NASDAQ:VIVK) reportó resultados financieros sólidos para el cuarto trimestre de 2024, con ingresos que aumentaron un 201% interanual hasta 41,7 millones de dólares. La ganancia bruta de la compañía creció un 746%, alcanzando 5,7 millones de dólares, con un margen bruto del 20,01%.
Para todo el año 2024, los ingresos crecieron un 51%, llegando a 89,8 millones de dólares, y la ganancia bruta aumentó un 104%, hasta 10,2 millones de dólares. El segmento de negocio recientemente adquirido de logística de transporte aportó 18,8 millones de dólares a los ingresos, con un margen bruto del 27%. El segmento de terminales y almacenamiento vio un incremento en ingresos de 11,8 millones de dólares (19,84%).
Los activos totales aumentaron en 170,7 millones de dólares, principalmente debido a una adquisición por combinación de negocios completada el 1 de octubre de 2024. Esto incluye 87,7 millones de dólares en propiedad, planta y equipo, que comprenden una nueva flota de camiones, un oleoducto de recolección de crudo de 45 millas en Oklahoma y 15 estaciones de inyección para oleoductos de crudo. La compañía inició 2025 con una tasa de ingresos anualizada proyectada de aproximadamente 160 millones de dólares.
Vivakor (NASDAQ:VIVK)는 2024년 4분기 강력한 재무 실적을 보고했으며, 매출은 전년 동기 대비 201% 증가한 4,170만 달러를 기록했습니다. 회사의 총이익은 746% 증가한 570만 달러로, 총이익률은 20.01%였습니다.
2024년 전체 매출은 51% 증가한 8,980만 달러였으며, 총이익은 104% 증가한 1,020만 달러를 기록했습니다. 새로 인수한 운송 물류 사업 부문은 27%의 총이익률로 1,880만 달러의 매출을 기여했습니다. 터미널 및 저장 부문은 1,180만 달러(19.84%)의 매출 증가를 보였습니다.
총 자산은 1억 7,070만 달러 증가했으며, 이는 주로 2024년 10월 1일 완료된 기업 결합 인수에 따른 것입니다. 여기에는 신규 인수한 트럭 함대, 오클라호마의 45마일 원유 집하 파이프라인, 15개의 원유 파이프라인 주입 트럭 스테이션을 포함한 8,770만 달러의 유형자산이 포함됩니다. 회사는 약 1억 6,000만 달러의 연간 예상 매출 런레이트를 가지고 2025년에 진입했습니다.
Vivakor (NASDAQ:VIVK) a annoncé des résultats financiers solides pour le quatrième trimestre 2024, avec un chiffre d'affaires en hausse de 201% d'une année sur l'autre, atteignant 41,7 millions de dollars. Le bénéfice brut de l'entreprise a augmenté de 746% pour atteindre 5,7 millions de dollars, avec une marge brute de 20,01%.
Pour l'ensemble de l'année 2024, le chiffre d'affaires a progressé de 51% pour atteindre 89,8 millions de dollars, tandis que le bénéfice brut a augmenté de 104%, atteignant 10,2 millions de dollars. Le segment récemment acquis de la logistique de transport a contribué 18,8 millions de dollars au chiffre d'affaires, avec une marge brute de 27%. Le segment des terminaux et du stockage a vu ses revenus augmenter de 11,8 millions de dollars (19,84%).
Les actifs totaux ont augmenté de 170,7 millions de dollars, principalement en raison d'une acquisition par regroupement d'entreprises finalisée le 1er octobre 2024. Cela inclut 87,7 millions de dollars en immobilisations corporelles, comprenant une flotte de camions nouvellement acquise, un pipeline de collecte de pétrole brut de 45 miles en Oklahoma, ainsi que 15 stations de pompage pour camions injecteurs de pipeline de pétrole brut. L'entreprise aborde 2025 avec un chiffre d'affaires annualisé projeté d'environ 160 millions de dollars.
Vivakor (NASDAQ:VIVK) meldete starke Finanzergebnisse für das vierte Quartal 2024, mit einem Umsatzanstieg von 201% im Jahresvergleich auf 41,7 Millionen US-Dollar. Der Bruttogewinn des Unternehmens stieg um 746% auf 5,7 Millionen US-Dollar, mit einer Bruttomarge von 20,01%.
Für das gesamte Jahr 2024 wuchs der Umsatz um 51% auf 89,8 Millionen US-Dollar, während der Bruttogewinn um 104% auf 10,2 Millionen US-Dollar anstieg. Das neu erworbene Geschäftsfeld Transportlogistik trug mit 18,8 Millionen US-Dollar zum Umsatz bei und erzielte eine Bruttomarge von 27%. Der Terminal- und Lagerbereich verzeichnete einen Umsatzanstieg von 11,8 Millionen US-Dollar (19,84%).
Die Gesamtvermögenswerte stiegen um 170,7 Millionen US-Dollar, hauptsächlich aufgrund einer Unternehmenszusammenschlussakquisition, die am 1. Oktober 2024 abgeschlossen wurde. Dazu gehören 87,7 Millionen US-Dollar an Sachanlagen, darunter eine neu erworbene Lkw-Flotte, eine 45 Meilen lange Rohöl-Sammelleitung in Oklahoma sowie 15 Einspritzstationen für Rohöl-Pipeline-Lkw. Das Unternehmen startete ins Jahr 2025 mit einem prognostizierten annualisierten Umsatz von etwa 160 Millionen US-Dollar.
- 201% YoY revenue growth to $41.7M in Q4 2024
- 746% increase in Q4 gross profit to $5.7M
- Full-year revenue up 51% to $89.8M
- Successful acquisition adding $18.8M revenue with 27% gross margin
- Total assets increased by $170.7M
- Stockholders' equity increased $98.7M
- $160M projected annualized revenue run-rate for 2025
- Full-year gross margin of 11.4% shows room for improvement
- Significant portion of growth dependent on recent acquisition rather than organic growth
Insights
Vivakor's Q4 2024 financial results showcase extraordinary growth, with
The recently acquired transportation logistics segment is already proving highly accretive, contributing
For full-year 2024, the
Most notably, management's projection of
The dramatic margin expansion and EBITDA growth indicate Vivakor has reached an inflection point where scale benefits are materializing across its integrated energy transportation and storage infrastructure network.
Entered 2025 With Approximately
DALLAS, TX / ACCESS Newswire / April 16, 2025 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced financial and operational results for the twelve months ended December 31, 2024.
Key Financial Highlights for the Three Months Ended December 31, 2024 (yoy):
Revenue increased
201% to$41.7 million ;Gross profit increased
746% to$5.7 million ;Gross margin of
20.01% ;Adjusted EBITDA increased to
$5.3 million ; andAcquired transportation logistics business segment adds
$18.8 million to revenue,$5 million in gross profit, and realized a27% gross profit margin.
Key Financial Highlights for the Year Ended December 31, 2024:
Revenue increased
51% to$89.8 million ;Gross profit increased
104% to$10.2 million ;Gross margin of
11.4% ;Adjusted EBITDA increased to
$5.6 million ;Acquired transportation logistics business segment adds
$18.8 million to revenue,$5 million in gross profit, and realized a27% gross profit margin, and EBITDA of$1.4 million ;Terminaling and storage business segment revenues increased
$11.8 million or19.84% , gross profit increased5.4% , and EBITDA of$3.4 million . Total assets increased$170.7 million , which is primarily attributed to the close of our business combination acquisition on October 1, 2024, and includes$87.7 million in property plant and equipment, primarily made up of our newly acquired truck fleet, our forty-five (45) mile integrated crude oil gathering and pipeline in Blaine County, Oklahoma (our Omega Gathering Pipeline), and 15 crude oil pipeline injection truck stations; andStockholders' equity increased
$98.7 million .
Key Business Highlights:
Own and operate a combined fleet of commercial tractors and trailers for the hauling of crude oil and produced water, predominantly located in the Permian and Eagle Ford Basins;
Own and operate the Omega Gathering Pipeline, a crude oil pipeline and exclusive connected blended and processing facility in Blaine County, Oklahoma;
Own and operate 15 crude oil pipeline injection truck stations, the majority of which are centered in the Permian Basin; and
Own and operate two operational major crude oil terminaling facilities, located in Colorado City, Texas, and Delhi, Louisiana
Management Commentary
Vivakor Chairman and Chief Executive Officer James Ballengee commented, "This past year we completed the second phase of our transformation of Vivakor, fortifying our evolution as a diversified infrastructure company, with midstream assets in logistics, gathering and storage, as well as sustainable assets in environmental services, remediation and processing solutions. We are pleased with our 2024 financial results, with the fourth quarter of 2024 representing our first consolidated quarter, putting us on the path for approximately
Ballengee concluded, "Our midstream crude oil logistics, storage and gathering operations are a solid platform from which to build upon. Contracted revenue is at its highest level in company history and provides us a predictable financial model. Based on this contracted revenue and track record of strategic growth, Vivakor believes 2025 could shape up to be another record year. By maintaining a strong focus on financial responsibility and operational efficiency, we aim to maximize shareholder value, while advancing our growth mission to expand organically and through acquisitions in 2025 and thereafter."
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor's integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.
Once operational, Vivakor's oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.
For more information, please visit our website: http://vivakor.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, , the expected transaction and ownership structure, the valuation of the transaction, the likelihood and ability of the parties to successfully and timely consummate planned acquisitions, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor or the expected benefits of the such transaction, our ability to maintain the listing of our securities on The Nasdaq Capital Market, the parties failure to realize the anticipated benefits of pending transactions, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.
These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor's filings with the U.S. Securities and Exchange Commission, which factors may be incorporated herein by reference. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Vivakor and the Endeavor Entities or the date of such information in the case of information from persons other than Vivakor and the Endeavor Entities, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding the Endeavor Entities industries and markets are based on sources we believe to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.
Investors Contact:
P:949-281-2606
info@vivakor.com
ClearThink
nyc@clearthink.capital
SOURCE: Vivakor
View the original press release on ACCESS Newswire
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