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Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.

Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $30.8M, roughly 1.9× INNEOVA Holdings Ltd). INNEOVA Holdings Ltd runs the higher net margin — 0.8% vs -1.3%, a 2.1% gap on every dollar of revenue.

Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.

INEO vs VTS — Head-to-Head

Bigger by revenue
VTS
VTS
1.9× larger
VTS
$58.6M
$30.8M
INEO
Higher net margin
INEO
INEO
2.1% more per $
INEO
0.8%
-1.3%
VTS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
INEO
INEO
VTS
VTS
Revenue
$30.8M
$58.6M
Net Profit
$243.0K
$-739.0K
Gross Margin
19.3%
Operating Margin
3.6%
-12.0%
Net Margin
0.8%
-1.3%
Revenue YoY
4.8%
Net Profit YoY
85.6%
EPS (diluted)
$0.02
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INEO
INEO
VTS
VTS
Q4 25
$58.6M
Q3 25
$67.4M
Q2 25
$30.8M
$81.8M
Q1 25
$66.2M
Q4 24
$55.9M
Q3 24
$58.3M
Q2 24
$66.6M
Q1 24
$61.2M
Net Profit
INEO
INEO
VTS
VTS
Q4 25
$-739.0K
Q3 25
$-1.3M
Q2 25
$243.0K
$24.7M
Q1 25
$2.7M
Q4 24
$-5.1M
Q3 24
$17.4M
Q2 24
$10.9M
Q1 24
$-2.2M
Gross Margin
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
19.3%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
INEO
INEO
VTS
VTS
Q4 25
-12.0%
Q3 25
0.2%
Q2 25
3.6%
22.8%
Q1 25
8.1%
Q4 24
3.7%
Q3 24
15.4%
Q2 24
25.2%
Q1 24
21.4%
Net Margin
INEO
INEO
VTS
VTS
Q4 25
-1.3%
Q3 25
-1.9%
Q2 25
0.8%
30.2%
Q1 25
4.0%
Q4 24
-9.2%
Q3 24
29.9%
Q2 24
16.4%
Q1 24
-3.6%
EPS (diluted)
INEO
INEO
VTS
VTS
Q4 25
$-0.01
Q3 25
$-0.03
Q2 25
$0.02
$0.60
Q1 25
$0.08
Q4 24
$-0.15
Q3 24
$0.53
Q2 24
$0.33
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INEO
INEO
VTS
VTS
Cash + ST InvestmentsLiquidity on hand
$2.1M
Total DebtLower is stronger
$2.9M
Stockholders' EquityBook value
$11.2M
$629.3M
Total Assets
$52.6M
$893.4M
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
$2.1M
Q1 25
$4.5M
Q4 24
$3.0M
Q3 24
Q2 24
Q1 24
Total Debt
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
$2.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INEO
INEO
VTS
VTS
Q4 25
$629.3M
Q3 25
$650.3M
Q2 25
$11.2M
$671.9M
Q1 25
$667.7M
Q4 24
$500.3M
Q3 24
$520.4M
Q2 24
$518.5M
Q1 24
$522.7M
Total Assets
INEO
INEO
VTS
VTS
Q4 25
$893.4M
Q3 25
$932.9M
Q2 25
$52.6M
$951.5M
Q1 25
$975.2M
Q4 24
$810.9M
Q3 24
$791.2M
Q2 24
$778.4M
Q1 24
$749.7M
Debt / Equity
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
0.26×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INEO
INEO
VTS
VTS
Operating Cash FlowLast quarter
$-301.0K
$37.4M
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-4.8%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
-1.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INEO
INEO
VTS
VTS
Q4 25
$37.4M
Q3 25
$49.4M
Q2 25
$-301.0K
$66.0M
Q1 25
$17.5M
Q4 24
$34.7M
Q3 24
$45.7M
Q2 24
$35.2M
Q1 24
$39.4M
Free Cash Flow
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
$-1.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
-4.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
3.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
INEO
INEO
VTS
VTS
Q4 25
Q3 25
Q2 25
-1.24×
2.68×
Q1 25
6.56×
Q4 24
Q3 24
2.62×
Q2 24
3.22×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INEO
INEO

Segment breakdown not available.

VTS
VTS

Oil Reserves$54.5M93%
Natural Gas Reserves$4.2M7%

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