← Flex LNG Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vessel operating revenues | $27.3m | $77.2m | $120.0m | $164.5m | $343.4m | $347.9m | $371.0m | $356.3m | $347.6m | $339.7m | |
| Cost of Revenue | $29.9m |
$21.0m
-29.76%
|
$22.4m
+6.86%
|
$37.0m
+65.00%
|
$61.2m
+65.51%
|
$63.4m
+3.56%
|
$68.4m
+7.79%
|
$69.9m
+2.28%
|
$74.9m
+7.09%
|
$168.9m
+125.60%
|
|
| Vessel operating expenses | ($29.9m) | ($21.0m) | ($22.4m) | ($37.0m) | ($61.2m) | ($63.4m) | ($68.4m) | ($69.9m) | ($74.9m) | — | |
| Operating income | ($12.6m) |
$29.0m
+329.88%
|
$55.0m
+89.70%
|
$75.6m
+37.47%
|
$201.2m
+166.01%
|
$200.6m
-0.27%
|
$217.2m
+8.25%
|
$197.8m
-8.92%
|
$175.8m
-11.12%
|
$162.8m
-7.42%
|
|
| Interest expense | ($234k) | ($17.8m) | ($33.9m) | ($41.8m) | ($56.2m) | ($76.6m) | ($108.7m) | ($105.6m) | ($92.6m) | $90.6m | |
| Interest income | $123k | $607k | $1.1m | $327k | $41k | $2.0m | $4.9m | $4.5m | $4.1m | $4.0m | |
| Income before tax | ($10.4m) | $11.8m | $17.1m | $8.2m | $162.3m | $188.1m | $120.1m | $117.8m | $74.9m | $75.7m | |
| Income tax expense | ($17k) | $10k | ($182k) | ($84k) | ($99k) | ($98k) | ($78k) | ($132k) | ($82k) | $72k | |
| 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%
|
|
| Basic earnings per share (in dollars per share) | ($0.34) | $0.29 | $0.31 | $0.15 | $3.04 | $3.53 | $2.24 | $2.19 | $1.38 | $1.39 | |
| Diluted earnings per share (in dollars per share) | ($0.34) | $0.29 | $0.31 | $0.15 | $3.04 | $3.51 | $2.22 | $2.18 | $1.38 | $1.39 | |
| Voyage expenses | ($6.7m) | ($5.2m) | ($6.3m) | ($3.7m) | ($3.3m) | ($2.5m) | ($1.7m) | ($3.4m) | ($12.4m) | — | |
| Administrative expenses | ($3.4m) | ($4.6m) | ($7.5m) | ($6.3m) | ($7.9m) | ($9.1m) | ($10.5m) | ($9.8m) | ($8.0m) | — | |
| Depreciation | ($2k) | ($17.4m) | ($28.7m) | ($41.8m) | ($69.8m) | ($72.2m) | ($73.4m) | ($75.5m) | ($76.6m) | — | |
| Extinguishment of long-term debt | $0 | $0 | ($3.4m) | $0 | ($1.2m) | ($16.1m) | ($10.2m) | ($637k) | ($4.1m) | — | |
| Gain on derivatives | $0 | $0 | ($1.6m) | ($25.2m) | $18.4m | $79.7m | $18.3m | $22.8m | ($7.4m) | — | |
| Other financial items | $2.3m | ($54k) | ($113k) | ($771k) | $137k | ($1.5m) | ($1.2m) | ($1.1m) | ($853k) | — |