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Flex LNG Ltd. (FLNG) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
Revenues347.9343.4164.5120.077.2
            Revenue growth1.3%108.8%37.1%55.4% 
Cost of goods sold63.461.237.022.421.0
Gross profit284.5282.2127.597.556.2
            Gross margin81.8%82.2%77.5%81.3%72.8%
General and administrative9.17.96.37.54.6
EBIT200.6201.275.655.029.0
            EBIT margin57.7%58.6%46.0%45.9%37.6%
Pre-tax income188.1162.38.217.111.8
Income taxes0.10.10.10.20.0
            Tax rate0.1%0.1%1.0%1.1% 
Net income188.0162.28.117.011.8
            Net margin54.0%47.2%4.9%14.1%15.3%
 
Diluted EPS$3.51$3.04$0.15$0.31$0.29
Shares outstanding (diluted)53.553.354.354.240.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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