Annual Report
Filed: 2026-04-15
Key Insights
- Vivakor's revenues increased by 12% year-over-year in 2025, driven by strong demand for its Vivaspheresegment and the acquisition of Adapti Inc.
- The company's customer concentration risk remains high, with its top two customers accounting for over 75% of total revenues in 2024 and 2025.
- Vivakor has made significant investments in its remediation processing and infrastructure assets, including the WCC Tank Expansion and Crude Oil Transfer Stations, which may enhance its operational capabilities.