Also trades as: VH2.F (FSX) · $vol 5M · VH2.DE (XETRA) · $vol 4M · FRVWY (OTC) · $vol 0M

$97.25

+0.00 (+0.00%)

OTC · Energy · Oil & Gas Midstream · Tech Score Sell · Power 47 · $1.9B mcap · 8M float · 0.0001% daily turnover · Short 100% of daily vol

Revenue

$498M +33.0% ▲

5Y CAGR: +22.7%

Gross Profit

$262M +54.6% ▲

5Y CAGR: +23.9%

Operating Income

$53M +71.1% ▲

5Y CAGR: +12.9%

Net Income

$36M +252.5% ▲

5Y CAGR: +4.7%

EPS (Diluted)

$1.79 +251.0% ▲

5Y CAGR: +4.7%

EBITDA

$78M +144.4% ▲

5Y CAGR: +18.1%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$292M	$279M	$368M	$375M	$498M
YoY Growth	+62.7%	-4.4%	+31.9%	+1.7%	+33.0%
Cost of Revenue	$140M	$120M	$204M	$205M	$237M
Gross Profit	$152M	$159M	$164M	$169M	$262M
Gross Margin	52.1%	56.9%	44.6%	45.2%	52.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$3M	$3M	$3M	$138M	$3M
Operating Expenses	$115M	$124M	$149M	$138M	$209M
Operating Income	$43M	$38M	$31M	$31M	$53M
Operating Margin	14.9%	13.4%	8.4%	8.3%	10.6%
Interest Expense	$1M	$911K	$961K	$1M	$1M
Income Before Tax	$43M	$37M	$30M	$13M	$55M
Tax Expense	$12M	$10M	$14M	$2M	$20M
Net Income	$31M	$27M	$17M	$10M	$36M
Net Margin	10.5%	9.6%	4.7%	2.7%	7.2%
EPS (Diluted)	$1.53	$1.34	$0.86	$0.51	$1.79
EBITDA	$47M	$51M	$48M	$32M	$78M
Shares Outstanding	20M	20M	20M	20M	20M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$145M	$159M	$133M	$170M	$202M	$199M	$140M	$198M
Cost of Revenue	$72M	$74M	$65M	$76M	$90M	$148M	$105M	$142M
Gross Profit	$73M	$86M	$68M	$94M	$112M	$51M	$35M	$56M
Gross Margin	50.5%	53.8%	51.4%	55.3%	55.5%	25.5%	24.9%	28.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$41M	$52M	$40M	$0	$0	$15M	$19M	$18M
Operating Expenses	$56M	$58M	$57M	$47M	$74M	$11M	$15M	$16M
Operating Income	$17M	$27M	$11M	$31M	$38M	$40M	$20M	$40M
Operating Margin	11.6%	17.1%	8.4%	18.2%	18.9%	20.0%	14.3%	20.1%
Interest Expense	$323K	$510K	$386K	$338K	$384K	$559K	$318K	$322K
Income Before Tax	$20M	$23M	$12M	$35M	$42M	$49M	$25M	$53M
Tax Expense	$6M	$10M	$4M	$10M	$13M	$17M	$7M	$15M
Net Income	$13M	$14M	$9M	$20M	$29M	$29M	$16M	$34M
Net Margin	8.8%	8.5%	6.4%	11.6%	14.4%	14.7%	11.6%	17.1%
EPS (Diluted)	$0.64	$0.68	$0.43	$0.98	$1.45	$1.46	$0.81	$1.69
EBITDA	$24M	$30M	$18M	$35M	$49M	$48M	$28M	$48M
Shares Outstanding	20M	20M	20M	20M	20M	20M	20M	20M

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