For the year ending 2025-12-31, VSEC made $1,112,275K in revenue. $11,703K in net income. Net profit margin of 1.05%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 1,112,275 | 1,080,132 | ||
| Costs and operating expenses-Product | 589,963 | - | ||
| Costs and operating expenses-Service | 364,182 | - | ||
| Selling, general and administrative expenses | 13,340 | 14,576 | ||
| Earn-out receivable fair value adjustments | 29,200 | - | ||
| Lease abandonment and termination costs | 0 | -12,205 | ||
| Costs and operating expenses | - | 954,183 | ||
| Amortization of intangible assets | 25,995 | 17,749 | ||
| Total costs and operating expenses | 1,022,680 | 998,713 | ||
| Operating income | 89,595 | 81,419 | ||
| Interest expense, net | 20,556 | -34,939 | ||
| Income from continuing operations before income taxes | 69,039 | 46,480 | ||
| Provision for income taxes | 15,546 | 9,982 | ||
| Net income from continuing operations | 53,493 | 36,498 | ||
| Revenues | 75,358 | - | ||
| Costs and operating expenses | 71,865 | - | ||
| Income from discontinued operations | 3,493 | - | ||
| Other impairment | 33,708 | - | ||
| Loss on the sale of discontinued operations | -13,338 | - | ||
| (loss) income from discontinued operations before income taxes | -43,553 | - | ||
| (benefit) provision for income taxes | -1,763 | - | ||
| (loss) income from discontinued operations, net of tax | -41,790 | -21,174 | ||
| Net income | 11,703 | 15,324 | ||
| Basic EPS | 0.55 | 0.86 | ||
| Diluted EPS | 0.55 | 0.85 | ||
| Basic Average Shares | 21,138,691 | 17,878,608 | ||
| Diluted Average Shares | 21,238,718 | 17,975,295 | ||
VSE CORP (VSEC)
VSE CORP (VSEC)