← Flex LNG Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | ($10.4m) |
$11.8m
+213.17%
|
$17.0m
+44.04%
|
$8.1m
-52.23%
|
$162.2m
+1901.30%
|
$188.0m
+15.93%
|
$120.0m
-36.16%
|
$117.7m
-1.96%
|
$74.8m
-36.43%
|
$75.6m
+1.05%
|
|
| Depreciation | $2k | $17.4m | $28.7m | $41.8m | $69.8m | $72.2m | $73.4m | $75.5m | $76.6m | $77.3m | |
| Amortization of debt issuance costs | $0 | $141k | $1.1m | $2.4m | $4.9m | $4.1m | $2.5m | $2.5m | $2.3m | — | |
| Share-based payments | $115k | $202k | $324k | $284k | ($1.3m) | $331k | $1.7m | $1.1m | $76k | — | |
| Change In Working Capital | — | — | — | — | — | $14.4m | ($19.2m) | ($664k) | ($14.7m) | ($27.3m) | |
| Receivables due from related parties | $0 | ($1.7m) | $1.4m | $149k | ($62k) | $168k | ($726k) | $100k | $346k | — | |
| Change In Receivables | — | — | — | — | — | $168k | ($726k) | $100k | $346k | ($502k) | |
| Inventory | ($1.0m) | $126k | ($1.8m) | ($970k) | ($2.8m) | $1.2m | $169k | $267k | ($4.2m) | ($1.3m) | |
| Payables due to related parties | $0 | ($604k) | ($110k) | $216k | $36k | ($20k) | $56k | $139k | $150k | — | |
| Accounts payable | $272k | $516k | ($10k) | $2.8m | ($1.4m) | ($222k) | $1.7m | ($1.5m) | $8.5m | $3.8m | |
| Other | ($157k) | ($659k) | $8k | $4.8m | ($4.4m) | $3.0m | ($3k) | ($223k) | $7k | — | |
| Other current assets | — | — | — | $13.3m | ($8.0m) | ($713k) | $10.3m | ($3.7m) | ($14.6m) | ($31.5m) | |
| Other current liabilities | $0 | ($42k) | ($6k) | $48k | $2.8m | $12.6m | ($10.1m) | $4.0m | ($5.1m) | $1.7m | |
| Change In Other Current Assets | — | — | — | — | — | $713k | ($10.3m) | ($3.7m) | ($14.6m) | ($31.5m) | |
| Net cash provided by operating activities | ($17.8m) |
$35.7m
+301.18%
|
$51.5m
+44.27%
|
$89.3m
+73.32%
|
$214.8m
+140.58%
|
$219.9m
+2.34%
|
$175.0m
-20.40%
|
$182.8m
+4.44%
|
$140.7m
-23.01%
|
$110.2m
-21.67%
|
|
| Capital Expenditure | — | — | — | — | ($265.9m) | ($5k) | ($2k) | ($4k) | — | ($4k) | |
| Net cash used in investing activities | ($77.7m) | ($584.4m) | ($291.5m) | ($691.4m) | ($265.9m) | ($5k) | ($2k) | ($4k) | $0 | $0 | |
| Extinguishment of long-term debt | $0 | $0 | $3.4m | $0 | $1.2m | $16.1m | $10.2m | $637k | $4.1m | — | |
| Repayment of long-term debt | ($117.0m) | ($286.1m) | ($29.5m) | ($35.6m) | ($72.2m) | ($85.3m) | ($110.8m) | ($102.4m) | ($105.2m) | — | |
| Prepayment of long-term debt | $0 | $0 | ($294.0m) | $0 | ($120.3m) | ($828.8m) | ($595.3m) | ($80.8m) | ($387.5m) | — | |
| Proceeds from long-term debt | $0 | $584.6m | $697.9m | $669.6m | $383.3m | $745.0m | $650.0m | $430.0m | $530.0m | — | |
| Extinguishment costs paid on long-term debt | — | — | — | $0 | $0 | ($11.1m) | ($1.4m) | $0 | ($1.3m) | — | |
| Issuance Of Debt | — | — | — | — | — | $1.4b | $2.4b | $1.7b | $2.2b | $2.2b | |
| Long Term Debt Issuance | — | — | — | — | — | $1.4b | $2.4b | $1.7b | $2.2b | $2.2b | |
| Long Term Debt Payments | — | — | — | — | — | ($1.3b) | ($2.3b) | ($1.7b) | ($2.1b) | ($2.1b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $80.3m | $93.8m | ($3.2m) | $37.3m | $36.7m | |
| Net Long Term Debt Issuance | — | — | — | — | — | $80.3m | $93.8m | ($3.2m) | $37.3m | $36.7m | |
| Net Short Term Debt Issuance | — | — | — | — | $42.4m | $249.3m | $150.0m | — | — | $0 | |
| Repayment Of Debt | — | — | — | — | — | ($1.3b) | ($2.3b) | ($1.7b) | ($2.1b) | ($2.1b) | |
| Short Term Debt Issuance | — | — | — | — | $340.3m | $663.4m | $1.8b | — | — | $1.6b | |
| Short Term Debt Payments | — | — | — | — | ($297.9m) | ($414.1m) | ($1.6b) | — | — | ($1.6b) | |
| Common Stock Dividend Paid | — | — | — | — | — | ($186.1m) | ($181.2m) | ($161.7m) | ($162.3m) | ($162.3m) | |
| Common Stock Issuance | — | — | — | — | — | $15.4m | $0 | $1.9m | $0 | $0 | |
| Common Stock Payments | — | — | — | — | ($7.8m) | $0 | $0 | — | — | — | |
| Issuance Of Capital Stock | — | — | — | — | — | $15.4m | $0 | $1.9m | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | ($7.8m) | $0 | $0 | — | — | — | |
| Cash dividends paid | $0 | $0 | ($5.4m) | ($10.8m) | ($98.9m) | ($186.1m) | ($181.2m) | ($161.7m) | ($162.3m) | ($162.3m) | |
| Net Other Financing Charges | — | — | — | — | — | $1.7m | ($9.1m) | $7.4m | ($5.7m) | ($5.7m) | |
| Net cash (used in)/provided by financing activities | $104.0m |
$593.9m
+471.08%
|
$314.0m
-47.13%
|
$603.3m
+92.14%
|
$123.1m
-79.60%
|
($88.8m)
-172.10%
|
($96.5m)
-8.77%
|
($155.6m)
-61.18%
|
($130.7m)
+16.02%
|
— | |
| Cash, cash equivalents and restricted cash at the beginning of the period | $10.0m | $55.1m | $129.1m | $129.0m | $201.2m | $332.4m | $410.5m | $437.2m | $447.7m | — | |
| Beginning Cash Position | — | — | — | — | — | $201.2m | $332.4m | $410.5m | $437.2m | $410.1m | |
| Net increase in cash, cash equivalents and restricted cash | $8.5m | $45.1m | $74.0m | ($136k) | $72.2m | $131.2m | $78.1m | $26.7m | $10.5m | — | |
| Effect of exchange rate changes on cash | $0 | $0 | $19k | ($1.4m) | $195k | $115k | ($348k) | ($530k) | $435k | $152k | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Foreign exchange loss/(gain) | ($2.3m) | $22k | ($42k) | $1.2m | $179k | ($47k) | $350k | $800k | ($439k) | — | |
| Change in fair value of derivative instruments | $0 | $0 | $1.7m | $21.6m | ($24.4m) | ($78.2m) | $6.7m | ($1.8m) | $22.6m | — | |
| Drydocking expenditure | — | — | — | — | $0 | $0 | ($20.7m) | ($12.6m) | ($24.6m) | — | |
| Increase (Decrease) in Other Noncurrent Liabilities | — | — | — | — | — | — | $0 | $0 | $163k | — | |
| Purchase of other fixed assets | ($4k) | ($14k) | ($10k) | ($3k) | ($4k) | ($5k) | ($2k) | ($4k) | $0 | — | |
| Proceeds of revolving credit facilities | — | $0 | $0 | $48.7m | $340.3m | $663.4m | $1.8b | $1.3b | $1.6b | — | |
| Repayment of revolving credit facilities | $0 | $0 | ($50.0m) | ($49.3m) | ($297.9m) | ($414.1m) | ($1.6b) | ($1.5b) | ($1.6b) | — | |
| Proceeds from termination of derivative instruments | — | — | — | $0 | $0 | $23.8m | $0 | $10.2m | $0 | — | |
| Financing costs | $0 | $0 | ($5.0m) | ($17.5m) | ($3.3m) | ($11.0m) | ($7.7m) | ($2.8m) | ($4.4m) | — | |
| Proceeds from issuance of treasury shares | — | — | — | $0 | $0 | $934k | $0 | $1.9m | $0 | — | |
| Interest paid | $61k | $13.0m | $36.0m | ($37.1m) | ($49.0m) | ($63.5m) | ($112.5m) | ($105.1m) | ($92.8m) | $92.8m | |
| Income tax paid | $5k | $0 | $58k | ($176k) | ($145k) | ($102k) | ($55k) | ($132k) | ($100k) | $100k | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($88.8m) | ($96.5m) | ($155.6m) | ($130.7m) | ($131.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($5k) | ($2k) | ($4k) | $0 | $0 | |
| Change In Account Payable | — | — | — | — | — | ($222k) | $1.7m | ($1.5m) | $8.5m | $3.8m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $131.2m | $78.1m | $26.7m | $10.5m | — | |
| Change In Payable | — | — | — | — | — | ($242k) | $1.8m | ($1.4m) | $8.7m | $3.8m | |
| Changes In Cash | — | — | — | — | — | $131.1m | $78.5m | $27.2m | $10.1m | ($21.1m) | |
| End Cash Position | — | — | — | — | — | $332.4m | $410.5m | $437.2m | $447.7m | $388.9m | |
| Financing Cash Flow | — | — | — | — | — | ($88.8m) |
($96.5m)
-8.77%
|
($155.6m)
-61.18%
|
($130.7m)
+16.02%
|
($131.4m)
-0.53%
|
|
| Free Cash Flow | — | — | — | — | — | $219.9m | $175.0m | $182.8m | $140.7m | $110.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($78.2m) | $6.7m | ($1.8m) | $22.6m | $9.1m | |
| Investing Cash Flow | — | — | — | — | — | ($5k) | ($2k) | ($4k) | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($47k) | $350k | $800k | ($439k) | ($155k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($5k) | ($2k) | ($4k) | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | ($62.2m) | $17.3m | ($401k) | $26.3m | $13.0m | |
| Other Non Cash Items | — | — | — | — | — | $7.0m | ($18.2m) | ($10.4m) | ($22.3m) | — | |
| Purchase Of PPE | — | — | — | — | — | ($5k) | ($2k) | ($4k) | $0 | ($4k) | |
| Stock Based Compensation | — | — | — | — | — | $331k | $1.7m | $1.1m | $76k | $23k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.