Tue, May 20, 9:16 PM (33 days ago)
**Vivakor, Inc. (VIVK) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $37.34 million, up 133.07% YoY, driven by acquisitions and new contracts. - **Profit Margins:** Gross profit of $4.76 million, up 345.49% YoY. - **Net Loss:** $7.53 million, wider than the $1.91 million loss in Q1 2024. - **Cash Flow:** Net cash used in operating activities was minimal at $35,000, while investing activities provided $1.48 million, and financing activities used $370,174. **Key Metrics & Trends:** - **Revenue Growth:** Significant increase due to new acquisitions and contracts. - **Operating Expenses:** Increased by 317.16% YoY due to new operations and workforce. - **Interest Expense:** Increased by 154.72% YoY due to new debt from acquisitions. - **Unrealized Gain:** Significant gain on marketable securities. **Uncertainties & Future Operations:** - **Going Concern:** Substantial doubt about the company's ability to continue as a going concern due to historical losses and working capital deficit. - **Debt Obligations:** $64.2 million of debt due within one year. - **Market Risks:** Exposure to interest rate and market risks. - **Legal Proceedings:** Several ongoing legal cases that could impact operations. **Segment Performance:** - **Terminaling & Storage:** Revenue up 48.95% YoY, but operating loss widened. - **Transportation Logistics:** New segment acquired, showing significant revenue and operating loss. - **Corporate & Other:** Increased expenses and losses due to new operations. **Management Discussion:** - Focus on integrating new acquisitions and managing debt. - Plans to raise additional capital and explore strategic alternatives. - Uncertainties include market conditions, regulatory changes, and operational challenges. **Conclusion:** Vivakor, Inc. showed significant revenue growth in Q1 2025 due to acquisitions, but faces substantial financial challenges and uncertainties. The company is focused on integrating new operations and managing debt while seeking additional capital.