See more : Vaccitech plc (VACC) Income Statement Analysis – Financial Results
Complete financial analysis of FLEX LNG Ltd. (FLNG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FLEX LNG Ltd., a leading company in the Oil & Gas Midstream industry within the Energy sector.
You may be interested
- PT Bumi Benowo Sukses Sejahtera Tbk (BBSS.JK) Income Statement Analysis – Financial Results
- China Outfitters Holdings Limited (1146.HK) Income Statement Analysis – Financial Results
- ATI Inc. (ATD.DE) Income Statement Analysis – Financial Results
- Speakeasy Cannabis Club Ltd. (EASY.CN) Income Statement Analysis – Financial Results
- LOGOS HOLDINGS INC. (205A.T) Income Statement Analysis – Financial Results
FLEX LNG Ltd. (FLNG)
About FLEX LNG Ltd.
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 371.02M | 347.92M | 343.45M | 164.46M | 119.97M | 77.21M | 27.33M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 143.40M | 138.16M | 134.40M | 82.54M | 57.45M | 43.57M | 37.57M | 743.00K | 815.00K | 870.00K | 1.16M | -2.26M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 227.62M | 209.76M | 209.04M | 81.92M | 62.51M | 33.64M | -10.25M | -743.00K | -815.00K | -870.00K | -1.16M | 2.26M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 61.35% | 60.29% | 60.87% | 49.81% | 52.11% | 43.56% | -37.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 10.47M | 9.15M | 7.89M | 6.30M | 7.51M | 4.64M | 2.37M | 725.00K | 1.41M | 1.51M | 3.05M | -12.54M | 13.43M | 10.21M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 10.47M | 9.15M | 7.89M | 6.30M | 7.51M | 4.64M | 2.37M | 725.00K | 1.41M | 1.51M | 3.05M | -12.54M | 13.43M | 10.21M | 0.00 | 0.00 |
| Other Expenses | 0.00 | 0.00 | -1.21M | 0.00 | -3.39M | 0.00 | 0.00 | 2.00K | 3.00K | 1.00K | -209.97M | 301.26M | 112.29M | 98.69M | 10.66M | 14.77M |
| Operating Expenses | 10.47M | 9.15M | 7.89M | 6.30M | 7.51M | 4.64M | 2.37M | 727.00K | 1.41M | 1.51M | -206.92M | 288.71M | 125.72M | 108.90M | 10.66M | 14.77M |
| Cost & Expenses | 153.87M | 147.30M | 142.29M | 88.84M | 64.96M | 48.21M | 39.94M | 1.47M | 2.23M | 2.38M | -205.77M | 286.45M | 125.72M | 108.90M | 10.66M | 14.77M |
| Interest Income | 4.87M | 2.01M | 41.00K | 327.00K | 1.07M | 607.00K | 123.00K | 9.00K | 20.00K | 3.00K | 21.00K | 88.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 108.72M | 76.60M | 56.22M | 41.81M | 33.88M | 17.64M | 234.00K | 314.00K | 267.00K | 35.00K | 3.00K | -10.15M | 222.00K | 393.00K | 2.79M | |
| Depreciation & Amortization | 73.36M | 72.22M | 69.83M | 41.85M | 28.75M | 17.41M | 2.00K | 2.00K | 3.00K | 1.00K | 32.00K | 116.00K | 146.00K | 211.00K | 250.00K | 0.00 |
| EBITDA | 302.20M | 336.96M | 270.99M | 117.47M | 83.75M | 46.41M | -10.16M | -1.47M | -2.21M | -2.59M | -4.56M | -298.63M | -135.73M | -108.47M | -10.02M | -11.98M |
| EBITDA Ratio | 81.45% | 78.85% | 78.87% | 71.57% | 70.61% | 60.67% | -45.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 217.16M | 200.62M | 201.16M | 75.62M | 55.01M | 29.00M | -12.61M | -1.49M | -2.23M | -2.59M | 205.47M | -298.32M | -125.72M | -108.90M | -10.66M | -14.77M |
| Operating Income Ratio | 58.53% | 57.66% | 58.57% | 45.98% | 45.85% | 37.56% | -46.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -97.04M | -12.48M | -38.85M | -67.43M | -37.86M | -17.23M | 2.22M | -305.00K | -247.00K | -32.00K | 3.00K | -301.79M | -10.15M | 222.00K | 393.00K | 2.79M |
| Income Before Tax | 120.12M | 188.14M | 162.30M | 8.19M | 17.15M | 11.77M | -10.39M | -1.79M | -2.48M | -2.62M | 205.48M | -298.74M | -135.87M | -108.68M | -10.27M | -11.98M |
| Income Before Tax Ratio | 32.37% | 54.08% | 47.26% | 4.98% | 14.29% | 15.24% | -38.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 78.00K | 98.00K | 99.00K | 84.00K | 182.00K | -10.00K | 17.00K | -1.00K | 7.00K | 13.00K | 15.00K | 57.00K | 88.00K | 173.00K | 186.00K | 0.00 |
| Net Income | 120.04M | 188.04M | 162.21M | 8.11M | 16.97M | 11.78M | -10.41M | -1.79M | -2.49M | -2.64M | 205.46M | -298.80M | -135.96M | -108.66M | -10.17M | -11.98M |
| Net Income Ratio | 32.35% | 54.05% | 47.23% | 4.93% | 14.14% | 15.26% | -38.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 2.24 | 3.53 | 3.04 | 0.15 | 0.31 | 0.29 | -0.34 | -0.14 | -0.20 | -0.21 | 16.30 | -23.90 | -11.31 | -9.62 | -0.90 | -1.37 |
| EPS Diluted | 2.22 | 3.51 | 3.04 | 0.15 | 0.31 | 0.29 | -0.34 | -0.14 | -0.19 | -0.21 | 16.30 | -23.87 | -11.31 | -9.62 | -0.90 | -1.37 |
| Weighted Avg Shares Out | 53.70M | 53.20M | 53.32M | 54.10M | 54.11M | 40.45M | 30.61M | 12.79M | 12.43M | 12.66M | 12.60M | 12.50M | 12.02M | 11.29M | 11.29M | 8.77M |
| Weighted Avg Shares Out (Dil) | 53.99M | 53.52M | 53.34M | 54.27M | 54.25M | 40.59M | 30.76M | 12.79M | 12.78M | 12.66M | 12.60M | 12.52M | 12.02M | 11.29M | 11.29M | 8.77M |
Final Investment Decision for MK II 3.5mtpa FLNG
Golar LNG Limited (“Golar” or “the Company”) announces today that it has signed an Engineering, Procurement and Construction (“EPC”) agreement with CIMC Raffles (“CIMC”) for a MK II Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5...
FLEX LNG - Presentation at the Pareto Securities' 31st Energy Conference
HAMILTON, Bermuda , Sept. 12, 2024 /PRNewswire/ -- CEO Øystein Kalleklev will be presenting Flex LNG today at the 31st Energy Conference hosted by Pareto Securities.
FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts
FLEX LNG's 11.9% dividend is well-supported by long-term charters, providing stable earnings even during temporary market softness. Lower EPS in Q2 was due to vessel drydockings and seasonal softness, but these are temporary factors, with all ships back in operation...
Flex LNG - Ex Date Q2 2024
HAMILTON, Bermuda , Aug. 28, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex dividend of USD 0.75 per share as of today, August...
Interim results for the period ended June 30, 2024
Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) signed an agreement for a 20-year FLNG deployment in Argentina. Strong progress on further FLNG opportunities.
FLEX LNG Ltd. (FLNG) Q2 2024 Earnings Call Transcript
FLEX LNG Ltd. (NYSE:FLNG ) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev Hi, everybody, and welcome to FLEX LNG's Second...
Flex LNG - Key information relating to the cash distribution for the second quarter 2024
HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the second quarter 2024.
Flex LNG - Second Quarter 2024 Presentation
HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s second quarter 2024 results which will be presented in a live video webcast today at 15:00 CEST (09:00 a.m.
Flex LNG - Second Quarter 2024 Earnings Release
HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the six months ended June 30, 2024.
LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results
UPI experienced a 2.30% decline, closing at 160.97 points, while the S&P 500 remained stable. Global market downturn influenced by Japan's sharp decline, with some stocks like Capital Product Partners and Golar LNG showing resilience. New Fortress Energy suffered the...
Source: https://incomestatements.info
Category: Stock Reports