FLEX LNG Ltd. (FLNG)

USD 21.27

(-0.56%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 371.02 Million 347.91 Million 343.44 Million 164.46 Million 119.96 Million 77.2 Million
Cost of Revenue 143.39 Million 138.15 Million 134.4 Million 82.54 Million 57.45 Million 43.57 Million
Gross Profit 227.62 Million 209.76 Million 209.04 Million 81.92 Million 62.51 Million 33.63 Million
Operating Expenses 10.46 Million 9.14 Million 7.88 Million 6.3 Million 7.5 Million 4.63 Million
Selling, General and Administrative Expenses 10.46 Million 9.14 Million 7.88 Million 6.3 Million 7.5 Million 4.63 Million
Research and Development Expenses - - - - - -
Other Expenses - - -1.2 Million - -3.38 Million -
Cost and Expenses 153.86 Million 147.3 Million 142.29 Million 88.84 Million 64.96 Million 48.21 Million
Operating Income 217.15 Million 200.61 Million 201.15 Million 75.62 Million 55 Million 28.99 Million
Interest Expense 108.72 Million 76.59 Million 56.22 Million 41.8 Million 33.87 Million 17.64 Million
Income Tax Expense 78 Thousand 98 Thousand 99 Thousand 84 Thousand 182 Thousand -10 Thousand
Earnings before Tax 120.11 Million 188.14 Million 162.3 Million 8.18 Million 17.14 Million 11.76 Million
Net Income 120.03 Million 188.04 Million 162.2 Million 8.1 Million 16.96 Million 11.77 Million
Earnings Per Share Basic 2.24 3.53 3.04 0.15 0.31 0.29
Earnings Per Share Diluted 2.22 3.51 3.04 0.15 0.31 0.29
Weighted Average Shares Outstanding 53.69 Million 53.19 Million 53.31 Million 54.09 Million 54.1 Million 40.45 Million
Weighted Average Shares Outstanding (Diluted) 53.98 Million 53.52 Million 53.34 Million 54.27 Million 54.24 Million 40.59 Million
Gross Margin 0.61 0.60 0.61 0.50 0.52 0.44
EBIT Margin 0.78 0.79 0.79 0.72 0.71 0.61
Profit Margin 0.32 0.54 0.47 0.05 0.14 0.15
EBITDA 290.52 Million 336.96 Million 270.99 Million 117.46 Million 83.75 Million 46.4 Million
Earnings Before Tax Margin 0.59 0.58 0.59 0.46 0.46 0.38

Income Statement Charts