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New Fortress Energy Inc. (NFE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues          
Operating revenue  494.6501.7448.6632.7497.2400.1548.4188.4
Vessel charter revenue  65.876.596.792.975.192.487.678.7
Other revenue  0.90.91.06.412.512.612.637.6
    Total revenues  561.3579.1546.4731.9584.9505.1648.6304.7
            Total revenues growth  -4.0%14.7%-15.8%140.2%161.3%246.7%345.2%122.6%
Operating expenses          
Cost of sales  225.8184.9  272.4208.3  
Vessel operating expenses  33.726.740.122.020.523.218.420.1
Operations and maintenance  33.726.740.122.020.523.218.420.1
Selling, general and administrative  55.852.170.167.650.348.074.946.8
Transaction and integration costs  1.60.59.45.64.91.92.11.8
Depreciation and amortization  42.134.436.235.836.434.330.331.2
Asset impairment expense    2.6 48.1   
    Total operating expenses  370.4311.9295.9545.2451.2338.7429.1250.7
    Operating income  191.0267.2250.5186.7133.7166.5219.553.9
            Operating margin  34.0%46.1%45.8%25.5%22.9%33.0%33.8%17.7%
Interest expense  -64.4-71.7-80.5-63.6-47.8-44.9-46.6-57.6
Other (income) expense, net  -6.625.0-16.410.2-22.1-19.7-3.7-5.4
    Income before income from equity method investments and income taxes  133.2170.5186.497.9108.0141.3165.61.7
Income (loss) from equity method investments  2.310.0-117.8-31.7-372.950.2-8.5-16.0
Tax provision (benefit)  15.329.02.810.0-86.5-49.75.43.5
            Tax rate  11.5%17.0%1.5%10.2%  3.3%202.6%
    Net income (loss)  120.1151.665.856.2-178.4241.2151.7-17.8
Net (income) loss attributable to non-controlling interest  -0.9-1.4-1.75.68.7-2.9-0.98.0
    Net income (loss) attributable to stockholders  119.2150.264.161.8-169.8238.3150.9-9.8
   
Net income (loss) per share - basic (in dollars per share)  $0.58$0.72$0.31$0.30($0.81)$1.14$0.76($0.05)
Net income (loss) per share - diluted (in dollars per share)  $0.58$0.71$0.31$0.29($0.81)$1.13$0.74($0.05)
   
Weighted average number of shares outstanding, basic (in shares)  205.0208.7209.5209.6209.7209.9198.6207.5
Weighted average number of shares outstanding - diluted (in shares)  205.7209.3209.9209.8209.7210.1201.7207.5
   
Other comprehensive income (loss):          
    Net income (loss)  120.1151.665.856.2-178.4241.2151.7-17.8
Currency translation adjustment  16.92.120.4-33.1-39.7120.820.277.0
   
    Comprehensive income (loss)          
Comprehensive (income) loss attributable to non-controlling interest          
    Comprehensive income (loss) attributable to stockholders  136.3152.285.929.2-208.3357.1124.1-86.6

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