See more : Trans-Lux Corporation (TNLX) 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.
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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 |
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