Vitesco Technologies Group Aktiengesellschaft engages in the development and production of components and system solutions for drivetrains in hybrid vehicles, electric vehicles, and combustion engines worldwide. It operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. The company offers 48-volt electrification solutions, electric drive systems, and power electronics for hybrid electric and battery- electric vehicles. It also provides electronic controls, sensors, actuators, turbochargers, hydraulic components, and pumps, as well as exhaust-gas solutions. The company was formerly known as Vitesco Technologies EINS Aktiengesellschaft. Vitesco Technologies Group Aktiengesellschaft was incorporated in 2019 and is headquartered in Regensburg, Germany.
Revenue of Vitesco Technologies Group Aktiengesellschaft (VTSC.DE)
Revenue in 2023 (TTM): $9.74 B
According to Vitesco Technologies Group Aktiengesellschaft's latest financial reports the company's current revenue (TTM) is $9.74 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Vitesco Technologies Group Aktiengesellschaft
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $9.74 B | $1.49 B | $927.37 M | $151.38 M | $-101,693,372 |
| 2022 | $9.57 B | $1.22 B | $735.38 M | $103.38 M | $24.9 M |
| 2021 | $8.81 B | $1.18 B | $576.09 M | $35.44 M | $-128,699,081 |
| 2020 | $8.47 B | $1.11 B | $315.31 M | $-370,590,057 | $-383,143,492 |
| 2019 | $9.59 B | $1.28 B | $898.15 M | $-702,992,355 | $-675,037,227 |
| 2018 | $9.65 B | $1.47 B | $902.26 M | $184.08 M | $91.25 M |