FLNG
Income statement / Annual
Last year (2023), FLEX LNG Ltd.'s total revenue was $371.02 M,
an increase of 6.64% from the previous year.
In 2023, FLEX LNG Ltd.'s net income was $120.04 M.
See FLEX LNG Ltd.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$0.00
|
| Cost of Revenue |
$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 |
$870,000.00 |
| Gross Profit |
$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 |
-$870,000.00 |
| Gross Profit Ratio |
0.61 |
0.6 |
0.61 |
0.5 |
0.52 |
0.44 |
-0.37 |
0 |
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 |
$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
|
$1.51 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 |
$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
|
$1.51 M
|
| Other Expenses |
$0.00 |
$0.00 |
-$1.21 M |
$0.00 |
-$3.39 M |
$0.00 |
$0.00 |
$2,000.00 |
$3,000.00 |
$1,000.00 |
| Operating Expenses |
$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 |
$1.51 M |
| Cost And Expenses |
$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 |
$2.38 M |
| Interest Income |
$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 |
$3,000.00 |
| Interest Expense |
$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 |
$35,000.00 |
| Depreciation &
Amortization |
$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
|
$1,000.00
|
| EBITDA |
$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
|
-$2.59 M
|
| EBITDA Ratio |
0.81 |
0.79 |
0.79 |
0.72 |
0.71 |
0.61 |
-0.46 |
0 |
0 |
0 |
| Operating Income Ratio
|
0.59
|
0.58
|
0.59
|
0.46
|
0.46
|
0.38
|
-0.46
|
0
|
0
|
0
|
| Total Other
Income/Expenses Net |
-$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
|
-$32,000.00
|
| Income Before Tax |
$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 |
-$2.62 M |
| Income Before Tax Ratio
|
0.32
|
0.54
|
0.47
|
0.05
|
0.14
|
0.15
|
-0.38
|
0
|
0
|
0
|
| Income Tax Expense |
$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 |
$13,000.00 |
| Net Income |
$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 |
-$2.64 M |
| Net Income Ratio |
0.32 |
0.54 |
0.47 |
0.05 |
0.14 |
0.15 |
-0.38 |
0 |
0 |
0 |
| EPS |
2.24 |
3.53 |
3.04 |
0.15 |
0.31 |
0.29 |
-0.34 |
-0.14 |
-0.2 |
-0.21 |
| EPS Diluted |
2.22 |
3.51 |
3.04 |
0.15 |
0.31 |
0.29 |
-0.34 |
-0.14 |
-0.19 |
-0.21 |
| Weighted Average Shares
Out |
$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
|
$12.66 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$12.66 M
|
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