Vivakor Announces 7% Revenue Growth to $17.0 Million and $60 Million in Debt Reduction for Q3 2025; Raises $11.2 Million in Equity Subsequent to Quarter End

Core Insights - Vivakor, Inc. reported significant financial and operational results for the three and nine months ended September 30, 2025, highlighting a strategic shift towards core business areas and improved financial metrics [1][8]. Financial Highlights - Revenue for the three months ended September 30, 2025, increased by 7% to $17.0 million compared to $15.9 million in the prior-year period, driven by higher activity in transportation and logistics and terminaling and storage segments [7][11]. - Gross profit surged by 173% to $4.7 million, with gross margin improving by 1700 basis points to 27.8%, reflecting operational efficiencies [7][11]. - Adjusted EBITDA improved to approximately $4 million, a significant turnaround from a loss of $1.5 million in the same period of 2024 [7][11]. - Net loss for the three months ended September 30, 2025, was $36.0 million, an increase of $34.3 million compared to a net loss of $1.7 million in the prior-year period, primarily due to non-cash losses [7][11]. Strategic Developments - On July 30, 2025, Vivakor completed the divestiture of non-core business units, generating approximately $11 million in net consideration and eliminating about $59 million of debt, which improved the company's credit profile [3][4]. - The divestiture is expected to yield annualized interest expense savings and enhance operational efficiency, allowing the company to focus on higher-margin business lines [5][6]. - Management expressed optimism about the momentum in the supply and trading business, with plans for a Remediation Processing Center in Houston expected to launch in Q1 2026 [6]. Operational Insights - The company operates one of the largest fleets of oilfield trucking services in the continental United States, focusing on sustainable energy transportation, storage, reuse, and remediation services [9]. - The remaining midstream assets, including trucking fleet and pipeline infrastructure, are now better aligned to support the expanding supply and trading platform [6].