Flex LNG Ltd. Income Statement

Income Statement Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 27.33M77.21M119.97M164.46M343.45M347.92M371.02M356.35M
Cost of Revenue 29.87M20.98M22.42M37.00M61.24M63.41M68.36M69.92M
Gross Profit -2.54M56.23M97.54M127.47M282.21M284.50M302.67M286.43M
Operating items
Depreciation & Amortization - Total 0.00M17.41M28.75M41.85M69.83M72.22M73.36M75.48M
Research & Development 6.66M5.18M6.28M3.70M3.33M2.52M1.68M3.37M
Selling, General & Administrative 3.41M4.64M7.51M6.30M7.89M9.15M10.47M9.79M
Other Operating Expenses -48.21M-64.96M-88.84M-142.29M
Operating Expenses 10.07M-20.98M-22.42M-37.00M-61.24M83.89M85.51M88.64M
Operating Income -12.61M29.00M55.01M75.62M201.16M200.62M217.16M197.79M
EBIT -12.61M29.00M55.01M75.62M201.16M200.62M217.16M197.79M
Non-operating items
Non Operating Investment Income -1.55M-25.18M18.40M79.68M18.28M22.84M
Interest & Investment Income 0.12M0.61M1.07M0.33M0.04M2.00M4.87M4.47M
Other Non Operating Income 2.33M-0.05M-0.11M-0.77M0.14M-1.46M-1.23M-1.06M
Non Operating Income 2.33M-0.05M-0.11M-0.77M0.14M-1.46M-1.23M-1.06M
Net income details
EBT -10.39M11.77M17.15M8.19M162.30M188.14M120.12M117.82M
Tax Provisions 0.02M-0.01M0.18M0.08M0.10M0.10M0.08M0.13M
Profit After Tax -10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M
Income from Continuing Operations -10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M
Consolidated Net Income -10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M
Income towards Parent Company -10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M
Net Income towards Common Stockholders -10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M
Additional items
EPS (Basic) -0.340.290.310.153.043.532.242.19
EPS (Weighted Average and Diluted) 0.04M0.310.153.043.512.222.18
Shares Outstanding (Weighted Average) 54.10M54.10M54.11M53.13M53.27M53.74M54.09M
Shares Outstanding (Diluted Average) 300.00440.00480.000.00M0.00M0.00M840.00
EBITDA -12.61M-0.03M16.97M8.11M162.21M188.04M120.04M117.68M
Interest Expenses 0.23M17.78M33.88M41.80M56.22M76.60M108.72M105.59M
Tax Rate 1.06%1.03%0.06%0.05%0.06%0.11%