
FLEX LNG Ltd
OSE:FLNG

Income Statement
Earnings Waterfall
FLEX LNG Ltd
Revenue
|
356.3m
USD
|
Cost of Revenue
|
-69.9m
USD
|
Gross Profit
|
286.4m
USD
|
Operating Expenses
|
-88.6m
USD
|
Operating Income
|
197.8m
USD
|
Other Expenses
|
-80.1m
USD
|
Net Income
|
117.7m
USD
|
Income Statement
FLEX LNG Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
18
|
0
|
7
|
16
|
34
|
37
|
40
|
41
|
42
|
45
|
50
|
54
|
56
|
57
|
59
|
66
|
77
|
88
|
100
|
106
|
109
|
109
|
109
|
108
|
106
|
|
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
2
N/A
|
10
+472%
|
19
+100%
|
27
+40%
|
41
+49%
|
40
-2%
|
49
+23%
|
77
+58%
|
81
+5%
|
93
+15%
|
104
+12%
|
120
+15%
|
139
+16%
|
146
+5%
|
149
+2%
|
164
+10%
|
208
+26%
|
248
+19%
|
296
+20%
|
343
+16%
|
337
-2%
|
355
+5%
|
365
+3%
|
348
-5%
|
366
+5%
|
368
+1%
|
372
+1%
|
371
0%
|
369
-1%
|
367
-1%
|
363
-1%
|
356
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(18)
|
(31)
|
(37)
|
(45)
|
(34)
|
(26)
|
(26)
|
(23)
|
(25)
|
(24)
|
(22)
|
(25)
|
(27)
|
(31)
|
(37)
|
(44)
|
(53)
|
(60)
|
(61)
|
(61)
|
(61)
|
(63)
|
(63)
|
(65)
|
(67)
|
(66)
|
(68)
|
(69)
|
(70)
|
(71)
|
(70)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(2)
N/A
|
(8)
-401%
|
(11)
-40%
|
(9)
+18%
|
(4)
+52%
|
6
N/A
|
23
+289%
|
51
+122%
|
59
+15%
|
69
+17%
|
80
+17%
|
98
+22%
|
114
+16%
|
119
+5%
|
118
0%
|
127
+8%
|
164
+29%
|
195
+19%
|
237
+21%
|
282
+19%
|
275
-2%
|
294
+7%
|
301
+3%
|
285
-6%
|
301
+6%
|
302
+0%
|
306
+1%
|
303
-1%
|
299
-1%
|
297
-1%
|
292
-2%
|
286
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(6)
|
(8)
|
(14)
|
(22)
|
(27)
|
(32)
|
(36)
|
(43)
|
(46)
|
(47)
|
(46)
|
(52)
|
(60)
|
(70)
|
(76)
|
(81)
|
(84)
|
(83)
|
(84)
|
(84)
|
(84)
|
(85)
|
(85)
|
(86)
|
(85)
|
(87)
|
(86)
|
(89)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(10)
|
(9)
|
(10)
|
(9)
|
(10)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(5)
|
(11)
|
(17)
|
(21)
|
(25)
|
(27)
|
(29)
|
(31)
|
(34)
|
(37)
|
(42)
|
(49)
|
(58)
|
(66)
|
(70)
|
(71)
|
(72)
|
(72)
|
(72)
|
(72)
|
(72)
|
(73)
|
(73)
|
(74)
|
(75)
|
(75)
|
(75)
|
|
Other Operating Expenses |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(6)
|
(7)
|
(6)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
Operating Income |
(3)
N/A
|
(3)
+5%
|
(3)
-2%
|
(2)
+16%
|
(2)
+10%
|
(2)
+6%
|
(2)
+5%
|
(2)
-2%
|
(2)
+27%
|
(4)
-133%
|
(10)
-195%
|
(14)
-35%
|
(13)
+9%
|
(10)
+19%
|
(3)
+75%
|
9
N/A
|
29
+231%
|
32
+10%
|
37
+15%
|
44
+19%
|
55
+26%
|
68
+23%
|
72
+6%
|
72
+1%
|
76
+5%
|
104
+38%
|
125
+20%
|
160
+28%
|
201
+26%
|
192
-5%
|
210
+10%
|
217
+3%
|
201
-8%
|
217
+8%
|
217
0%
|
220
+2%
|
217
-1%
|
214
-1%
|
210
-2%
|
206
-2%
|
198
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
(2)
|
(5)
|
(11)
|
(17)
|
(22)
|
(27)
|
(31)
|
(34)
|
(62)
|
(69)
|
(66)
|
(67)
|
(33)
|
(34)
|
(41)
|
(38)
|
(20)
|
(5)
|
15
|
5
|
(40)
|
(47)
|
(65)
|
(86)
|
(76)
|
(90)
|
(112)
|
(78)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(16)
|
(16)
|
(26)
|
(25)
|
(12)
|
(10)
|
0
|
0
|
(1)
|
(1)
|
|
Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
(3)
N/A
|
(3)
+3%
|
(3)
-4%
|
(3)
-1%
|
(2)
+8%
|
(2)
+5%
|
(2)
+4%
|
(2)
-2%
|
(2)
+22%
|
(2)
-31%
|
(8)
-255%
|
(12)
-42%
|
(10)
+12%
|
(11)
-8%
|
(7)
+34%
|
(2)
+70%
|
12
N/A
|
10
-14%
|
9
-11%
|
8
-8%
|
17
+106%
|
6
-67%
|
3
-47%
|
6
+114%
|
8
+28%
|
70
+759%
|
90
+28%
|
119
+32%
|
162
+37%
|
171
+5%
|
202
+18%
|
216
+7%
|
188
-13%
|
149
-21%
|
144
-4%
|
142
-1%
|
120
-16%
|
137
+14%
|
120
-13%
|
92
-23%
|
118
+28%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(8)
|
(12)
|
(10)
|
(11)
|
(7)
|
(2)
|
12
|
10
|
9
|
8
|
17
|
6
|
3
|
6
|
8
|
70
|
90
|
119
|
162
|
171
|
202
|
216
|
188
|
149
|
144
|
142
|
120
|
137
|
120
|
92
|
118
|
|
Net Income (Common) |
(3)
N/A
|
(3)
+3%
|
(3)
-5%
|
(3)
-1%
|
(2)
+8%
|
(2)
+5%
|
(2)
+4%
|
(2)
-2%
|
(2)
+22%
|
(2)
-32%
|
(8)
-254%
|
(12)
-42%
|
(10)
+12%
|
(11)
-8%
|
(7)
+34%
|
(2)
+70%
|
12
N/A
|
10
-14%
|
9
-10%
|
8
-8%
|
17
+103%
|
6
-67%
|
3
-50%
|
6
+120%
|
8
+32%
|
70
+766%
|
90
+28%
|
119
+32%
|
162
+37%
|
171
+5%
|
202
+18%
|
216
+7%
|
188
-13%
|
149
-21%
|
144
-4%
|
142
-1%
|
120
-16%
|
137
+14%
|
120
-13%
|
92
-23%
|
118
+28%
|
|
EPS (Diluted) |
-0.21
N/A
|
-0.2
+5%
|
-0.21
-5%
|
-0.21
N/A
|
-0.19
+10%
|
-0.18
+5%
|
-0.17
+6%
|
-0.17
N/A
|
-0.14
+18%
|
-0.06
+57%
|
-0.25
-317%
|
-0.29
-16%
|
-0.34
-17%
|
-0.32
+6%
|
-0.2
+38%
|
-0.07
+65%
|
0.29
N/A
|
0.18
-38%
|
0.16
-11%
|
0.17
+6%
|
0.31
+82%
|
0.11
-65%
|
0.06
-45%
|
0.12
+100%
|
0.15
+25%
|
1.3
+767%
|
1.66
+28%
|
2.21
+33%
|
3.04
+38%
|
3.22
+6%
|
3.78
+17%
|
4.03
+7%
|
3.51
-13%
|
2.75
-22%
|
2.67
-3%
|
2.64
-1%
|
2.22
-16%
|
2.53
+14%
|
2.22
-12%
|
1.7
-23%
|
2.18
+28%
|