Vulcan Infrastructure and Power (VIP)
Grid power and energized-site developer pivoting from bitcoin infrastructure toward AI/HPC.
$1.80
Pre-market−0.03 (−1.64%)
At close$1.83(+7.65%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 19 | 13 | 12 | 15 | 19 | 13 | 15 | 11 | 21 | 3 |
| Cost of revenue | 15 | 12 | 9 | 10 | 10 | 15 | 12 | 11 | 12 | 17 | 9 |
| Gross profit | 5 | 7 | 4 | 3 | 5 | 4 | 1 | 4 | 0 | 4 | −6 |
| −1 | 9 | 8 | 9 | 6 | 7 | 6 | 6 | 6 | 8 | 4 | |
| Selling, general & administrative | 3 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
| Other expenses | −4 | 3 | 3 | 5 | 2 | 4 | 3 | 3 | 3 | 4 | 0 |
| Operating income | 6 | −2 | −4 | −6 | −1 | −3 | −5 | −2 | −7 | −4 | −10 |
| −3 | −2 | −2 | 0 | −3 | −3 | 1 | 14 | 9 | 0 | 0 | |
| Interest expense | 3 | 2 | 2 | 2 | 2 | 3 | 1 | 0 | 0 | 0 | 0 |
| Other non-operating income | 7 | 0 | 0 | 0 | 2 | 0 | −2 | −14 | −10 | 0 | 0 |
| Income before tax | 3 | −4 | −6 | −6 | −4 | −6 | −4 | 12 | 3 | −5 | −10 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 3 | −4 | −6 | −6 | −4 | −6 | −4 | 12 | 3 | −5 | −10 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 3 | −4 | −6 | −6 | −4 | −6 | −4 | 12 | 3 | −5 | −10 |
| EPS, basic | $0.36 | −$0.42 | −$0.56 | −$0.60 | −$0.33 | −$0.40 | −$0.27 | $0.76 | $0.19 | −$0.29 | −$0.58 |
| EPS, diluted | $0.36 | −$0.42 | −$0.56 | −$0.60 | −$0.33 | −$0.40 | −$0.27 | $0.75 | $0.19 | −$0.29 | −$0.58 |
| Weighted average shares, basic | 8 | 9 | 10 | 11 | 12 | 14 | 15 | 16 | 16 | 16 | 17 |
| Weighted average shares, diluted | 8 | 9 | 10 | 11 | 12 | 14 | 15 | 16 | 16 | 16 | 17 |
| EBITDA | 1 | 2 | 0 | −1 | 1 | 0 | 0 | 15 | 5 | −2 | −9 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 3 | 1 |
| EBIT | −2 | −2 | −4 | −4 | −3 | −3 | −3 | 12 | 3 | −4 | −10 |