NASDAQ : VIVK
Vivakor, Inc. — Financial statements
Energy · Oil & Gas Integrated · United States
Last price 1.5 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 818.36K
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Vivakor, Inc. (VIVK) reported revenue of 89.55M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 89.55M | 104.42M | 89.81M | 59.32M | 28.11M | 1.09M |
| Cost of Revenue | 48.79M | 66.67M | 79.59M | 54.30M | 25.24M | 1.05M |
| Gross Profit | 40.77M | 37.75M | 10.22M | 5.02M | 2.87M | 37.75K |
| Selling, General & Admin | 42.69M | 43.02M | 12.22M | 7.42M | 10.18M | 5.50M |
| Operating Expenses | 53.07M | 61.00M | 23.58M | 11.35M | 14.30M | 6.96M |
| Operating Income | -12.31M | -23.26M | -13.36M | -6.33M | -11.43M | -6.93M |
| Interest Expense | -27.63M | -27.11M | -4.82M | -4.03M | -1.52M | -501.60K |
| Interest & Investment Income | 48.42K | 73.47K | 60.36K | 14.95K | 23.73K | 3.31K |
| Other Non Operating Income (Expenses) | -17.00M | -17.62M | 127.54K | 318.04K | 131.21K | 125.30K |
| EBT Excluding Unusual Items | -56.88M | -67.92M | -17.99M | -10.02M | -12.79M | -7.30M |
| Merger & Restructuring Charges | -174.59K | |||||
| Gain (Loss) on Sale of Investments | 711.00 | -413.19K | 165.28K | -1.16M | -578.46K | -1.09M |
| Gain (Loss) on Sale of Assets | -1.22M | 234.75K | 438.10K | 2.46K | 87.04K | |
| Asset Writedown | -40.57M | -40.57M | -8.63M | -11.14M | ||
| Pretax Income | -97.45M | -110.12M | -26.22M | -10.74M | -24.68M | -8.31M |
| Income Tax Expense | 117.00K | 117.00K | 126.87K | 92.70K | -4.44M | -1.05M |
| Earnings From Continuing Operations | -97.57M | -110.24M | -26.35M | -10.84M | -20.25M | -7.26M |
| Minority Interest in Earnings | -1.42K | 5.09K | 4.16M | 96.65K | 809.20K | 1.77M |
| Net Income | -97.57M | -110.23M | -22.19M | -10.74M | -19.44M | -5.48M |
| Preferred Dividends & Other Adjustments | 5.69M | 5.09M | 853.20K | 42.20K | ||
| Net Income to Common | -103.26M | -115.32M | -23.04M | -10.74M | -19.44M | -5.53M |
| Free Cash Flow | -12.49M | -15.81M | -2.73M | -4.09M | -6.63M | -7.14M |
| Gross Margin | 45.52% | 36.15% | 11.38% | 8.46% | 10.20% | 3.47% |
| Operating Margin | -13.74% | -22.27% | -14.88% | -10.67% | -40.67% | -636.32% |
| Profit Margin | -115.30% | -110.44% | -25.66% | -18.10% | -69.16% | -507.74% |
| Free Cash Flow Margin | -13.95% | -15.14% | -3.04% | -6.89% | -23.60% | -655.81% |
| EBITDA | -1.93M | -5.29M | -2.00M | -2.40M | -8.48M | -5.46M |
| EBITDA Margin | -2.16% | -5.06% | -2.23% | -4.04% | -30.16% | |
| D&A For EBITDA | 10.37M | 17.97M | 11.36M | 3.93M | 2.95M | 1.46M |
| EBIT | -12.31M | -23.26M | -13.36M | -6.33M | -11.43M | -6.93M |
| EBIT Margin | -13.74% | -22.27% | -14.88% | -10.67% | -40.67% | |
| Revenue as Reported | 89.55M | 104.42M | 89.81M | 59.32M | 28.11M | 1.09M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 256.85K | 265.02K | 651.02K | 744.31K | 3.18M | 1.49M |
| Short-Term Investments | 583.41K | 247.91K | 661.10K | 495.83K | 1.65M | 2.23M |
| Cash & Short-Term Investments | 840.26K | 512.93K | 1.31M | 1.24M | 4.84M | 3.72M |
| Receivables | 12.69M | 4.96M | 6.23M | 2.63M | 3.56M | 845.00 |
| Inventory | 82.42K | 82.42K | 205.53K | 44.63K | 47.18K | 1.36M |
| Prepaid Expenses | 591.64K | 832.77K | 1.20M | 74.88K | 31.52K | |
| Restricted Cash | 2.90K | 1.83M | 3.03M | |||
| Other Current Assets | 1.12M | 700.30K | 73.25K | |||
| Total Current Assets | 14.20M | 8.22M | 11.97M | 5.11M | 9.18M | 5.16M |
| Property, Plant & Equipment | 56.18M | 58.79M | 104.96M | 25.83M | 24.46M | 25.36M |
| Long-Term Investments | 4.00K | 4.00K | ||||
| Goodwill | 68.89M | 14.98M | 12.68M | |||
| Other Intangible Assets | 42.92M | 45.71M | 51.37M | 25.09M | 30.02M | 16.03M |
| Other Long-Term Assets | 821.26K | 491.22K | 3.61M | 4.00K | ||
| Total Assets | 114.41M | 113.49M | 241.04M | 71.24M | 76.34M | 47.74M |
| Accounts Payable | 13.58M | 14.02M | 28.43M | 7.16M | 5.02M | 1.45M |
| Accrued Expenses | 3.13M | 952.43K | 7.15M | 3.54M | 3.12M | 175.00K |
| Current Portion of Long-Term Debt | 24.32M | 11.06M | 61.07M | 18.10M | 2.82M | 4.93M |
| Current Portion of Leases | 9.74M | 9.37M | 6.90M | 1.40M | 1.44M | 287.77K |
| Current Unearned Revenue | 9.11M | 9.11M | 9.11M | 9.11M | 20.94K | |
| Other Current Liabilities | 6.23M | 7.94M | 837.48K | 669.75K | 524.52K | 398.45K |
| Total Current Liabilities | 72.51M | 61.52M | 113.50M | 39.98M | 12.94M | 7.24M |
| Long-Term Debt | 5.27M | 14.57M | 4.94M | 10.88M | 32.58M | 7.36M |
| Long-Term Leases | 222.28K | 7.33M | 3.05M | 3.76M | 434.11K | |
| Long-Term Deferred Tax Liabilities | 154.38K | 88.32K | 5.16M | |||
| Total Liabilities | 77.78M | 76.30M | 125.92M | 54.00M | 49.28M | 20.19M |
| Common Stock | 511.00 | 402.62K | 41.71K | 26.22K | 18.07K | 12.33K |
| Additional Paid-In Capital | 256.10M | 245.20M | 208.17M | 83.10M | 74.03M | 58.28M |
| Retained Earnings | -215.32M | -204.27M | -88.95M | -65.91M | -55.17M | -35.73M |
| Treasury Stock | -20.00K | -20.00K | -20.00K | -20.00K | -20.00K | -20.00K |
| Total Common Equity | 40.76M | 41.31M | 119.24M | 17.20M | 18.85M | 22.54M |
| Minority Interest | -4.12M | -4.12M | -4.12M | 41.82K | 8.21M | 5.01M |
| Shareholders' Equity | 36.63M | 37.19M | 115.12M | 17.24M | 27.06M | 27.55M |
| Total Liabilities & Equity | 114.41M | 113.49M | 241.04M | 71.24M | 76.34M | 47.74M |
| Total Debt | 39.33M | 35.22M | 80.24M | 33.43M | 40.59M | 13.01M |
| Net Cash (Debt) | -38.49M | -34.71M | -78.93M | -32.19M | -35.76M | -9.29M |
| Working Capital | -58.31M | -53.29M | -101.53M | -34.87M | -3.77M | -2.09M |
| Tangible Book Value | -2.16M | -4.39M | -1.02M | -22.88M | -23.85M | 6.51M |
| Land | 527.00K | 527.00K | 732.00K | 17.00K | ||
| Buildings | 1.63M | |||||
| Machinery | 8.09M | 8.09M | 38.33M | 994.31K | 994.31K | 7.66M |
| Construction In Progress | 14.00M | 14.00M | 13.17M | 21.67M | 18.67M | 17.82M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -97.57M | -110.23M | -22.19M | -10.74M | -19.44M | -5.48M |
| Depreciation & Amortization | 10.37M | 17.97M | 11.36M | 3.93M | 2.95M | 1.46M |
| Loss (Gain) From Sale of Assets | 1.22M | -177.55K | -438.10K | -2.46K | -87.04K | |
| Asset Writedown & Restructuring Costs | 40.57M | 40.57M | 8.63M | 11.14M | ||
| Loss (Gain) From Sale of Investments | -711.00 | 413.19K | -165.28K | 1.16M | 578.46K | 1.09M |
| Stock-Based Compensation | 3.64M | 3.42M | 2.57M | 1.60M | 4.08M | 2.47M |
| Provision & Write-off of Bad Debts | 1.16M | |||||
| Other Operating Activities | 32.95M | 32.68M | 735.54K | -90.95K | -5.38M | -2.91M |
| Change in Accounts Receivable | -13.43M | -22.84M | -5.12M | 930.89K | 2.61M | 6.89K |
| Change in Inventory | 28.35K | 101.56K | -114.35K | 2.55K | 162.15K | |
| Change in Accounts Payable | 1.19M | 13.44M | 7.49M | -366.59K | -3.41M | 38.13K |
| Change in Other Net Operating Assets | 9.77M | 7.48M | -1.21M | 3.25M | 1.39M | 512.09K |
| Operating Cash Flow | -12.46M | -15.78M | 1.81M | -764.90K | -4.14M | -2.90M |
| Capital Expenditures | -25.52K | -25.52K | -4.54M | -3.32M | -2.49M | -4.24M |
| Sale of Property, Plant & Equipment | 583.50K | 2.44M | 6.00K | |||
| Cash Acquisitions | 4.84M | 96.47K | ||||
| Divestitures | -746.06K | -746.06K | -181.06K | |||
| Sale (Purchase) of Intangibles | -278.37K | |||||
| Investment in Securities | -500.00K | |||||
| Other Investing Activities | -210.86K | 55.95K | ||||
| Investing Cash Flow | -688.07K | 1.67M | 302.19K | -3.71M | -2.33M | -4.51M |
| Long-Term Debt Issued | 21.12M | 7.51M | 2.96M | 3.64M | 9.14M | |
| Total Debt Issued | 16.00M | 21.12M | 7.51M | 2.96M | 3.64M | 9.14M |
| Long-Term Debt Repaid | -18.25M | -8.12M | -916.94K | -853.23K | -569.78K | |
| Total Debt Repaid | -15.91M | -18.25M | -8.12M | -916.94K | -853.23K | -569.78K |
| Net Debt Issued (Repaid) | 89.71K | 2.87M | -605.33K | 2.04M | 2.79M | 8.57M |
| Issuance of Common Stock | 9.66M | 9.66M | 1.43M | 6.24M | ||
| Other Financing Activities | -861.69K | -55.05K | ||||
| Financing Cash Flow | 9.75M | 12.53M | 819.67K | 2.04M | 8.17M | 8.51M |
| Net Cash Flow | -3.41M | -1.58M | 2.93M | -2.44M | 1.69M | 1.09M |
| Free Cash Flow | -12.49M | -15.81M | -2.73M | -4.09M | -6.63M | -7.14M |
| Free Cash Flow Margin | -13.95% | -15.14% | -3.04% | -6.89% | -23.60% | -655.81% |
| Levered Free Cash Flow | -18.05M | -11.61M | 17.02M | 8.00M | 203.05K | -4.20M |
| Unlevered Free Cash Flow | -785.46K | 5.33M | 20.03M | 10.52M | 1.15M | -3.88M |
| Cash Interest Paid | 1.07M | 1.00M | 3.12M | 1.21M | 390.84K | |
| Change in Working Capital | -2.43M | -1.82M | 1.04M | 3.82M | 762.18K | 557.11K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 474.43K | 3.46M | 50.00M | 27.42M | 18.55M | 95.42M |
| Enterprise Value | 38.96M | 46.43M | 82.23M | 76.63M | 60.83M | 104.00M |
| Last Close Price | 0.87 | 594.00 | 70,787.22 | 60,685.53 | 59,606.32 | 450,128.07 |
| PS Ratio | 0.01 | 0.03 | 0.56 | 0.46 | 0.66 | 87.67 |
| PB Ratio | 0.01 | 0.09 | 0.43 | 1.59 | 0.69 | 3.46 |
| P/TBV Ratio | 14.66 | |||||
| P/OCF Ratio | 27.61 | |||||
| EV/Sales Ratio | 0.44 | 0.45 | 0.92 | 1.29 | 2.16 | 95.55 |
| Debt / Equity Ratio | 1.07 | 0.95 | 0.70 | 1.94 | 1.50 | 0.47 |
| Net Debt / Equity Ratio | 1.05 | 0.93 | 0.69 | 1.87 | 1.32 | 0.34 |
| Net Debt / EBITDA Ratio | -19.90 | -6.57 | -39.42 | -13.42 | -4.22 | -1.70 |
| Net Debt / FCF Ratio | -3.08 | -2.20 | -28.92 | -7.88 | -5.39 | -1.30 |
| Asset Turnover | 0.50 | 0.59 | 0.57 | 0.80 | 0.45 | 0.02 |
| Inventory Turnover | 454.38 | 463.08 | 636.33 | 1,182.87 | 35.91 | 0.69 |
| Quick Ratio | 0.19 | 0.09 | 0.07 | 0.10 | 0.65 | 0.51 |
| Current Ratio | 0.20 | 0.13 | 0.10 | 0.13 | 0.71 | 0.71 |
| Return on Equity (ROE) | -144.89% | -144.76% | -39.82% | -48.92% | -74.15% | -27.07% |
| Return on Assets (ROA) | -4.29% | -8.20% | -5.35% | -5.36% | -11.52% | -9.61% |
| Return on Invested Capital (ROIC) | -17.07% | -17.49% | -10.98% | -11.28% | -22.94% | -20.62% |
| Return on Capital Employed (ROCE) | -29.40% | -44.70% | -10.50% | -20.30% | -18.00% | -17.10% |
| Earnings Yield | -21,765.02% | -3,182.57% | -44.38% | -39.16% | -104.77% | -5.75% |
| FCF Yield | -2,632.53% | -456.34% | -5.46% | -14.90% | -35.76% | -7.48% |