← Scorpio Tankers Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Purchase Of Financial Assets Measured At Fair Value Through Profit Or Loss Classified As Investing Activities | — | — | — | — | — | — | $0 | $0 | $89.1m | $45.9m | — | |
| Net income | ($24.9m) |
($158.2m)
-535.43%
|
($190.1m)
-20.12%
|
($48.5m)
+74.49%
|
$94.1m
+294.11%
|
($234.4m)
-349.07%
|
$637.3m
+371.82%
|
$546.9m
-14.18%
|
$668.8m
+22.28%
|
$344.3m
-48.52%
|
$816.4m
+137.12%
|
|
| Fair value (gain) / loss on financial assets measured at fair value through profit or loss | — | — | — | — | — | — | $0 | $0 | $15.0m | ($35.2m) | — | |
| Dividend from financial assets measured at fair value through profit or loss | — | — | — | $0 | $0 | ($560k) | ($679k) | ($6.0m) | ($3.8m) | $5.9m | — | |
| Purchases of financial assets measured at fair value through profit or loss | — | — | — | — | — | — | $0 | $0 | ($89.1m) | ($45.9m) | — | |
| Proceeds from sale of financial assets measured at fair value through profit or loss | — | — | — | — | — | — | — | $0 | $0 | $155.2m | — | |
| Profit or Loss | ($24.9m) | ($158.2m) | ($190.1m) | ($48.5m) | $94.1m | ($234.4m) | $637.3m | $546.9m | $668.8m | $344.3m | — | |
| Depreciation - owned or sale and leaseback vessels | $121.5m | $141.4m | $176.7m | $180.1m | $194.3m | $197.5m | $168.0m | $178.3m | $185.3m | $180.3m | $168.1m | |
| Depreciation - right of use assets | — | $0 | $0 | $26.9m | $51.5m | $42.8m | $38.8m | $24.2m | $0 | $0 | $168.1m | |
| Amortization of deferred financing fees | $14.1m | $13.4m | $10.5m | $7.0m | $6.7m | $7.6m | $6.4m | $7.3m | $9.2m | $7.0m | — | |
| Depreciation | — | — | — | — | — | — | $206.8m | $202.5m | $185.3m | $180.3m | $168.1m | |
| Adjustments For Share-Based Payments | $30.2m | $22.4m | $25.5m | $27.4m | $28.5m | $22.9m | $20.4m | $47.3m | $62.5m | $71.7m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | ($12.7m) | $10.5m | $0 | $0 | $0 | |
| Proceeds From Sales Of Investments Other Than Investments Accounted For Using Equity Method | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($679k) | ($6.0m) | ($7.7m) | ($4.1m) | ($3.7m) | |
| Change In Working Capital | — | — | — | — | — | — | ($175.6m) | $59.5m | $68.8m | ($26.0m) | ($5.8m) | |
| (Increase) / decrease in accounts receivable | $26.7m | ($1.5m) | ($4.3m) | ($8.5m) | $20.0m | ($5.1m) | ($238.6m) | $73.2m | $57.0m | ($27.3m) | ($66.9m) | |
| Change In Receivables | — | — | — | — | — | — | ($238.6m) | $73.2m | $57.0m | ($27.3m) | ($66.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($238.6m) | $73.2m | $57.0m | ($27.3m) | ($66.9m) | |
| (Increase) / decrease in inventories | $564k | ($1.3m) | $1.5m | ($346k) | ($615k) | $480k | ($7.5m) | $7.8m | ($2.0m) | ($1.7m) | $4.6m | |
| Change In Inventory | — | — | — | — | — | — | ($7.5m) | $7.8m | ($2.0m) | ($1.7m) | $4.6m | |
| Increase / (decrease) in accounts payable | ($2.5m) | $3.7m | ($1.4m) | $4.0m | ($5.1m) | $20.7m | ($4.5m) | ($16.7m) | $15.7m | $5.4m | $15.6m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $61.3m | ($32.4m) | $11.2m | $1.4m | $15.6m | |
| Decrease in accrued expenses and other current liabilities | ($9.5m) | ($7.7m) | ($9.9m) | $10.3m | ($1.9m) | ($5.7m) | $65.8m | ($15.6m) | ($4.5m) | ($4.0m) | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $65.8m | ($15.6m) | ($4.5m) | ($4.0m) | $35.5m | |
| (Increase) / decrease in prepaid expenses and other current assets | ($5.5m) | $12.2m | $2.2m | $1.8m | $1.4m | $4.5m | ($10.2m) | $7.9m | $983k | ($842k) | — | |
| Decrease in other assets | $2.0m | ($22.7m) | ($1.2m) | ($7.2m) | $856k | ($601k) | $19.5m | $2.9m | $1.6m | $2.5m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $19.5m | $2.9m | $1.6m | $2.5m | $6.0m | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $158.2m | $127.4m | $0 | $0 | — | — | — | — | — | — | — | |
| Capital Expenditure | — | — | — | — | — | — | ($34.5m) | ($23.1m) | ($93.4m) | ($74.4m) | ($127.6m) | |
| Net cash inflow from investing activities | $31.3m | ($159.9m) | ($52.7m) | ($207.0m) | ($174.5m) | ($52.3m) | $572.0m | $43.6m | $308.0m | $272.2m | — | |
| Cash flows from financing activities: | ||||||||||||
| Non-cash debt extinguishment costs | $14.5m | $2.5m | $13.2m | $1.5m | $2.0m | $3.6m | $6.6m | $8.3m | $3.5m | $4.7m | — | |
| Accretion of fair value measurement on debt assumed in business combinations | $0 | $1.5m | $3.8m | $3.6m | $3.4m | $3.7m | $2.1m | $1.1m | $82k | $41k | — | |
| Debt repayments | ($753.4m) | ($546.3m) | ($865.6m) | ($343.4m) | ($800.1m) | ($650.9m) | ($971.6m) | ($1.2b) | ($835.7m) | ($449.5m) | ($735.6m) | |
| Issuance of debt | $565.0m | $525.6m | $1.0b | $108.6m | $705.4m | $650.8m | $122.6m | $1.4b | $99.0m | $200.0m | $678.6m | |
| Debt issuance costs | ($10.7m) | ($11.8m) | ($23.1m) | ($5.7m) | ($13.5m) | ($17.8m) | ($1.7m) | ($29.7m) | ($354k) | ($11.7m) | — | |
| Long Term Debt Issuance | — | — | — | — | — | — | $122.6m | $1.4b | $99.0m | $200.0m | $678.6m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.1b) | ($1.7b) | ($835.7m) | ($449.5m) | ($735.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($1.0b) | ($354.2m) | ($736.7m) | ($249.5m) | ($57.1m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.0b) | ($354.2m) | ($736.7m) | ($249.5m) | ($57.1m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.1b) | ($1.7b) | ($835.7m) | ($449.5m) | ($735.6m) | |
| Repurchase of common stock | ($16.5m) | $0 | ($23.2m) | ($1k) | ($13.1m) | $0 | ($161.4m) | ($489.7m) | ($335.6m) | ($309k) | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($23.3m) | ($57.7m) | ($83.5m) | ($82.5m) | ($88.0m) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($161.4m) | ($489.7m) | ($335.6m) | ($309k) | ($155.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($161.4m) | ($489.7m) | ($335.6m) | ($309k) | ($155.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($161.4m) | ($489.7m) | ($335.6m) | ($309k) | ($155.0m) | |
| Dividends paid | $86.9m | $9.6m | $15.1m | $21.3m | $23.3m | $23.3m | $23.3m | $57.7m | $83.5m | $82.5m | ($88.0m) | |
| Dividends Paid Ordinary Shares Per Share | $0.50 | $0.04 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $1.05 | $1.60 | $1.62 | ($87,979,000.00) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($23.3m) | ($57.7m) | ($83.5m) | ($82.5m) | ($88.0m) | |
| Dividends Received CFI | — | — | — | — | — | — | $493k | $1.8m | $12.7m | $9.6m | $7.3m | |
| Net Other Financing Charges | — | — | — | — | — | — | $2.3m | ($28.9m) | ($354k) | ($11.7m) | ($500k) | |
| Net cash outflow from financing activities | ($310.9m) |
$204.7m
+165.83%
|
$402.1m
+96.45%
|
($393.9m)
-197.95%
|
($259.7m)
+34.07%
|
$21.9m
+108.43%
|
($1.2b)
-5560.35%
|
($930.4m)
+22.13%
|
($1.2b)
-24.26%
|
($344.1m)
+70.24%
|
— | |
| Increase / (decrease) in cash and cash equivalents | ($101.1m) | $86.6m | $407.2m | ($391.3m) | ($14.8m) | $42.9m | $146.5m | ($21.3m) | ($23.0m) | $419.4m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $230.4m | $376.9m | $355.6m | $332.6m | $471.1m | |
| Decrease in restricted cash | — | — | ($897k) | ($9k) | $7.0m | $502k | $4.0m | $783k | $0 | $0 | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Adjustments For Undistributed Profits Of Associates | — | — | — | — | — | $560k | $679k | $6.0m | $3.8m | $5.9m | — | |
| General And Administrative Expense | $54.9m | $47.5m | $52.3m | $62.3m | $66.2m | $52.7m | $88.1m | $106.3m | $121.0m | $123.4m | — | |
| Goodwill | $0 | $11.5m | $11.5m | $11.5m | $8.9m | $8.9m | $8.2m | $8.2m | $8.2m | $8.2m | $0 | |
| Increase Decrease In Working Capital | ($11.8m) | $17.2m | $13.0m | ($116k) | ($14.6m) | ($14.3m) | $175.6m | ($59.5m) | ($68.8m) | $26.0m | ($5.8m) | |
| Interest Paid Classified As Financing Activities | $69.0m | $92.0m | $155.3m | $182.7m | $132.3m | $114.7m | $134.9m | $154.7m | $96.9m | $62.1m | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $36.8m | $77.9m | $56.7m | $79.5m | $516.1m | $0 | $0 | — | |
| Payments To Acquire Or Redeem Entitys Shares | $16.5m | $0 | $23.2m | $1k | $13.1m | $0 | $161.4m | $489.7m | $335.6m | $309k | — | |
| Proceeds From Issuing Shares | $0 | $303.5m | $337.0m | $50.0m | $2.6m | $0 | $0 | — | — | — | — | |
| Equity settled share based compensation expense | $30.2m | $22.4m | $25.5m | $27.4m | $28.5m | $22.9m | $20.4m | $47.3m | $62.5m | $71.7m | — | |
| Net gain on sales of vessels | — | — | — | — | $0 | $0 | $66.5m | ($12.0m) | ($176.5m) | ($45.5m) | — | |
| Write-off of deposits on scrubbers | — | — | — | — | — | $0 | $0 | $10.5m | $0 | $0 | — | |
| Share of income from dual fuel tanker joint venture | — | — | — | — | — | — | ($679k) | ($6.0m) | ($7.7m) | ($4.1m) | — | |
| Total changes in assets and liabilities | $11.8m | ($17.2m) | ($13.0m) | $116k | $14.6m | $14.3m | ($175.6m) | $59.5m | $68.8m | ($26.0m) | — | |
| Net proceeds from sales of vessels | — | — | — | — | $0 | $0 | $607.7m | $64.9m | $479.8m | $227.7m | — | |
| Investment in dual fuel tanker joint venture | — | — | — | $0 | $0 | ($6.7m) | ($1.8m) | $0 | ($1.9m) | $0 | — | |
| Distributions from dual fuel tanker joint venture | — | — | — | $0 | $0 | $1.5m | $493k | $1.8m | $8.9m | $3.6m | — | |
| Drydock, ballast water treatment system and other vessel related payments (owned, sale leaseback and bareboat-in vessels) | $0 | ($5.9m) | ($26.7m) | ($204.0m) | ($174.5m) | ($47.1m) | ($34.5m) | ($23.1m) | ($93.4m) | ($74.4m) | — | |
| Principal repayments on IFRS 16 lease liabilities | — | $0 | $0 | $36.8m | $77.9m | $56.7m | $79.5m | $516.1m | $0 | $0 | — | |
| Cash and cash equivalents at January 1, | $201.0m | $99.9m | $593.7m | $202.3m | $187.5m | $230.4m | $376.9m | $355.6m | $332.6m | $752.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.2b) | ($930.4m) | ($1.2b) | ($344.1m) | ($300.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $572.0m | $43.6m | $308.0m | $272.2m | $885.4m | |
| Change In Account Payable | — | — | — | — | — | — | ($4.5m) | ($16.7m) | $15.7m | $5.4m | $15.6m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $146.5m | ($21.3m) | ($23.0m) | $419.4m | — | |
| Change In Payable | — | — | — | — | — | — | ($4.5m) | ($16.7m) | $15.7m | $5.4m | $15.6m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($10.2m) | $7.9m | $983k | ($842k) | ($545k) | |
| Changes In Cash | — | — | — | — | — | — | $146.5m | ($21.3m) | ($23.0m) | $419.4m | $1.4b | |
| End Cash Position | — | — | — | — | — | — | $376.9m | $355.6m | $332.6m | $752.0m | $1.8b | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.2b) |
($930.4m)
+22.13%
|
($1.2b)
-24.26%
|
($344.1m)
+70.24%
|
($300.5m)
+12.66%
|
|
| Free Cash Flow | — | — | — | — | — | — | $734.9m | $842.4m | $731.8m | $416.8m | $655.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | — | — | ($3.8m) | ($5.9m) | ($5.9m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $66.5m | ($12.0m) | ($176.5m) | ($45.5m) | ($265.6m) | |
| Investing Cash Flow | — | — | — | — | — | — | $572.0m | $43.6m | $308.0m | $272.2m | $885.4m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($1.8m) | $0 | ($1.9m) | $0 | ($10.0m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($89.1m) | $109.3m | $113.7m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $573.2m | $41.8m | $386.4m | $153.3m | $774.4m | |
| Operating Gains Losses | — | — | — | — | — | — | $72.4m | ($9.6m) | ($184.5m) | ($50.9m) | ($248.3m) | |
| Other Non Cash Items | — | — | — | — | — | — | $20.7m | $8.4m | $9.3m | $7.0m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($1.8m) | $0 | ($1.9m) | $0 | ($10.0m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | ($89.1m) | ($45.9m) | $0 | |
| Purchase Of PPE | — | $258.3m | $26.1m | $3.0m | $0 | $0 | ($34.5m) | ($23.1m) | ($93.4m) | ($74.4m) | ($127.6m) | |
| Sale Of Investment | — | — | — | — | — | — | — | $0 | $0 | $155.2m | $113.7m | |
| Sale Of PPE | — | — | — | — | — | — | $607.7m | $64.9m | $479.8m | $227.7m | $902.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $20.4m | $47.3m | $62.5m | $71.7m | $73.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $0 | $0 | $15.0m | ($35.2m) | ($18.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.