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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
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Flex LNG Ltd. (FLNG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   20-F20-F20-F20-F20-F
Revenues       
Vessel operating revenues  347.9343.4164.5120.077.2
            Vessel operating revenues growth  1.3%108.8%37.1%55.4% 
Operating expenses       
Voyage expenses  -2.5-3.3-3.7-6.3-5.2
Vessel operating expenses  -63.4-61.2-37.0-22.4-21.0
Administrative expenses  9.17.96.37.54.6
Depreciation  -72.2-69.8-41.8-28.7-17.4
    Operating income  200.6201.275.655.029.0
            Operating margin  57.7%58.6%46.0%45.9%37.6%
   
Other income/(expenses)       
Interest income  2.00.00.31.10.6
Interest expense  -76.6-56.2-41.8-33.9-17.8
Extinguishment of long-term debt  -16.1-1.2 -3.4 
Gain/(loss) on derivatives  79.718.4-25.2-1.6 
Other financial items  -1.50.1-0.8-0.1-0.1
    Income before tax  188.1162.38.217.111.8
Income tax expense  -0.1-0.1-0.1-0.20.0
    Net income  188.0162.28.117.011.8
   
Earnings per share:       
Basic earnings per share (in dollars per share)  $3.53$3.04$0.15$0.31$0.29
Diluted earnings per share (in dollars per share)  $3.51$3.04$0.15$0.31 

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