VSEC — VSE Income Statement

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Annual income statement for VSE, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	R2022 December 31st	R2023 December 31st	R2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	751	669	544	786	1,112
Cost of Revenue
Gross Profit	43.6	73	69	102	158
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	729	616	494	728	1,023
Operating Profit	21.5	53.6	50.1	58.8	89.6
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Net Income Before Taxes	9.45	35.7	19.1	23.8	69
Provision for Income Taxes
Net Income After Taxes	7.97	26.7	14.6	19.4	53.5
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	7.97	28.1	39.1	15.3	11.7
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	7.97	28.1	39.1	15.3	11.7
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.666	2.08	1.22	2.05	2.74
Dividends per Share