FLNG
Income statement / Annual
Last year (2024), FLEX LNG Ltd.'s total revenue was $356.35 M,
a decrease of 3.95% from the previous year.
In 2024, FLEX LNG Ltd.'s net income was $117.68 M.
See FLEX LNG Ltd.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$356.35 M |
$371.02 M |
$347.92 M |
$343.45 M |
$164.46 M |
$119.97 M |
$77.21 M |
$27.33 M |
$0.00 |
$0.00 |
| Cost of Revenue |
$148.77 M
|
$143.40 M
|
$138.16 M
|
$134.40 M
|
$82.54 M
|
$57.45 M
|
$43.57 M
|
$37.57 M
|
$743,000.00
|
$815,000.00
|
| Gross Profit |
$207.58 M
|
$227.62 M
|
$209.76 M
|
$209.04 M
|
$81.92 M
|
$62.51 M
|
$33.64 M
|
-$10.25 M
|
-$743,000.00
|
-$815,000.00
|
| Gross Profit Ratio |
0.58
|
0.61
|
0.6
|
0.61
|
0.5
|
0.52
|
0.44
|
-0.37
|
0
|
0
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$9.79 M
|
$10.47 M
|
$9.15 M
|
$7.89 M
|
$6.30 M
|
$7.51 M
|
$4.64 M
|
$2.37 M
|
$725,000.00
|
$1.41 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$9.79 M
|
$10.47 M
|
$9.15 M
|
$7.89 M
|
$6.30 M
|
$7.51 M
|
$4.64 M
|
$2.37 M
|
$725,000.00
|
$1.41 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
-$1.21 M
|
$0.00
|
-$3.39 M
|
$0.00
|
$0.00
|
$2,000.00
|
$3,000.00
|
| Operating Expenses |
$9.79 M
|
$10.47 M
|
$9.15 M
|
$7.89 M
|
$6.30 M
|
$7.51 M
|
$4.64 M
|
$2.37 M
|
$727,000.00
|
$1.41 M
|
| Cost And Expenses |
$158.56 M
|
$153.87 M
|
$147.30 M
|
$142.29 M
|
$88.84 M
|
$64.96 M
|
$48.21 M
|
$39.94 M
|
$1.47 M
|
$2.23 M
|
| Interest Income |
$4.47 M
|
$4.87 M
|
$2.01 M
|
$41,000.00
|
$327,000.00
|
$1.07 M
|
$607,000.00
|
$123,000.00
|
$9,000.00
|
$20,000.00
|
| Interest Expense |
$105.59 M
|
$108.72 M
|
$76.60 M
|
$56.22 M
|
$41.81 M
|
$33.88 M
|
$17.64 M
|
$234,000.00
|
$314,000.00
|
$267,000.00
|
| Depreciation & Amortization |
$75.48 M
|
$73.36 M
|
$72.22 M
|
$69.83 M
|
$41.85 M
|
$28.75 M
|
$17.41 M
|
$2,000.00
|
$2,000.00
|
$3,000.00
|
| EBITDA |
$298.89 M |
$302.20 M |
$336.96 M |
$270.99 M |
$117.47 M |
$83.75 M |
$46.41 M |
-$10.16 M |
-$1.47 M |
-$2.21 M |
| EBITDA Ratio |
0.84
|
0.81
|
0.79
|
0.79
|
0.72
|
0.71
|
0.61
|
-0.46
|
0
|
0
|
| Operating Income Ratio |
0.56
|
0.59
|
0.58
|
0.59
|
0.46
|
0.46
|
0.38
|
-0.46
|
0
|
0
|
| Total Other Income/Expenses Net |
-$79.98 M
|
-$97.04 M
|
-$12.48 M
|
-$38.85 M
|
-$67.43 M
|
-$37.86 M
|
-$17.23 M
|
$2.22 M
|
-$305,000.00
|
-$247,000.00
|
| Income Before Tax |
$117.82 M
|
$120.12 M
|
$188.14 M
|
$162.30 M
|
$8.19 M
|
$17.15 M
|
$11.77 M
|
-$10.39 M
|
-$1.79 M
|
-$2.48 M
|
| Income Before Tax Ratio |
0.33
|
0.32
|
0.54
|
0.47
|
0.05
|
0.14
|
0.15
|
-0.38
|
0
|
0
|
| Income Tax Expense |
$132,000.00
|
$78,000.00
|
$98,000.00
|
$99,000.00
|
$84,000.00
|
$182,000.00
|
-$10,000.00
|
$17,000.00
|
-$1,000.00
|
$7,000.00
|
| Net Income |
$117.68 M
|
$120.04 M
|
$188.04 M
|
$162.21 M
|
$8.11 M
|
$16.97 M
|
$11.78 M
|
-$10.41 M
|
-$1.79 M
|
-$2.49 M
|
| Net Income Ratio |
0.33
|
0.32
|
0.54
|
0.47
|
0.05
|
0.14
|
0.15
|
-0.38
|
0
|
0
|
| EPS |
2.19 |
2.24 |
3.53 |
3.04 |
0.15 |
0.31 |
0.29 |
-0.34 |
-0.14 |
-0.2 |
| EPS Diluted |
2.18 |
2.22 |
3.51 |
3.04 |
0.15 |
0.31 |
0.29 |
-0.34 |
-0.14 |
-0.19 |
| Weighted Average Shares Out |
$53.85 M
|
$53.70 M
|
$53.20 M
|
$53.32 M
|
$54.10 M
|
$54.11 M
|
$40.45 M
|
$30.61 M
|
$12.79 M
|
$12.43 M
|
| Weighted Average Shares Out Diluted |
$54.03 M
|
$53.99 M
|
$53.52 M
|
$53.34 M
|
$54.27 M
|
$54.25 M
|
$40.59 M
|
$30.76 M
|
$12.79 M
|
$12.78 M
|
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