FLEX LNG Ltd. logo FLNG - FLEX LNG Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 0
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $25.00 DETAILS
HIGH: $25.00
LOW: $25.00
MEDIAN: $25.00
CONSENSUS: $25.00
DOWNSIDE: 21.78%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue
Revenue 347.6 356.3 371.0 347.9 343.4 164.5 120.0 77.2 27.3 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 163.9 148.8 143.4 138.2 134.4 82.5 57.5 43.6 36.5 0.0 0.0 0.9 0 (2.3) 0 0 0 0 0
Gross Profit 183.8 207.6 227.6 209.8 209.0 81.9 62.5 33.6 (10.2) (0.7) (0.8) (0.9) (1.2) 2.3 0 0 0 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 8.0 9.8 10.5 9.1 7.9 6.3 7.5 4.6 3.4 0.7 1.4 1.5 3.0 (12.5) 13.4 10.2 0 0 0.8
Other Expenses 0 0 0 0 0 0 0 0 0.0 0.0 0.0 (0.1) (210.0) 301.3 112.3 98.7 10.7 14.8 0
Operating Expenses 8.0 9.8 10.5 9.1 7.9 6.3 7.5 4.6 3.4 0.7 1.4 1.5 (205.5) 298.8 125.7 108.9 10.7 14.8 0.8
Operating Income
Operating Income 175.8 197.8 217.2 200.6 201.2 75.6 55.0 29.0 (12.6) (1.5) (2.2) (2.6) 205.5 3.1 (125.7) (108.9) (10.7) (14.8) (0.8)
Interest Expense 92.6 105.6 108.7 76.6 56.2 41.8 33.9 17.8 0.2 0.3 0.3 0.0 0.0 0 (10.1) 0.2 0.4 2.8 0
Interest Income 4.1 4.5 4.9 2.0 0.0 0.3 1.1 0.6 0.1 0.0 0.0 0.0 0.0 0.1 0 0 0 0 0.4
Profitability
EBITDA 244.1 298.9 302.2 337.0 288.4 91.8 79.8 46.4 (10.2) (1.5) (2.2) (2.6) (4.6) (298.6) (135.7) (108.5) (10.0) (12.0) (2.1)
EBIT 167.5 223.4 228.8 264.7 218.5 50.0 51.0 29.6 (10.2) (1.5) (2.2) (2.6) (4.6) (298.7) (135.9) (108.7) (10.3) (12.0) (2.1)
Income Before Tax 74.9 117.8 120.1 188.1 162.3 8.2 17.1 11.8 (10.4) (1.8) (2.5) (2.6) 205.5 (298.7) (135.9) (108.7) (10.3) (12.0) (2.1)
Income Tax Expense 0.1 0.1 0.1 0.1 0.1 0.1 0.2 (0.0) 0.0 (0.0) 0.0 0.0 0.0 0.1 0.1 0.2 0.2 0 0.0
Net Income 74.8 117.7 120.0 188.0 162.2 8.1 17.0 11.8 (10.4) (1.8) (2.5) (2.6) 205.5 (298.8) (136.0) (108.7) (10.2) (12.0) (2.1)
Per Share Data
EPS (Basic) 1.38 2.19 2.24 3.53 3.04 0.15 0.31 0.29 -0.34 -0.14 -0.20 -0.21 16.30 -23.90 -11.31 -9.62 -0.90 -1.37 -0.54
EPS (Diluted) 1.38 2.18 2.22 3.51 3.04 0.15 0.31 0.29 -0.34 -0.14 -0.19 -0.21 16.30 -23.87 -11.31 -9.62 -0.90 -1.37 -0.54
Shares Outstanding 54.1 53.9 53.7 53.2 53.3 54.1 54.1 40.5 30.6 12.8 12.4 12.7 12.6 12.5 12.0 11.3 11.3 8.8 3.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008
Current Assets
Cash & Cash Equivalents 447.7 437.2 410.4 332.3 200.7 128.9 129.0 54.9 10.0 1.4 25.7 49.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0.3 1.4 19.9 4.9 5.3 4.0 5.4 3.9 0.5 0.0 0.7 1.3
Inventory 9.0 4.8 5.1 5.3 6.5 3.7 2.7 0.9 1.0 0 0 0
Other Current Assets 46.2 24.3 0.1 5.7 10.0 9.9 4.0 0.2 0.5 0 0 0
Total Current Assets 503.3 474.4 443.1 354.0 224.9 157.8 143.9 60.4 17.6 1.7 26.6 50.8
Non-Current Assets
Property, Plant & Equipment 2,102.5 2,154.5 2,217.3 2,269.9 2,342.2 1,856.5 1,147.3 1,234.0 666.9 212.5 516.8 494.0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0.7 0
Long-Term Investments 18.1 40.1 48.8 55.5 5.9 0.1 0.6 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0 289.6 349.5 0 0 0 0 0
Total Non-Current Assets 2,120.5 2,194.6 2,266.1 2,325.5 2,348.0 2,146.2 1,497.4 1,234.0 666.9 212.5 553.0 494.0
Total Assets 2,623.8 2,668.9 2,709.2 2,679.5 2,572.9 2,304.0 1,641.3 1,294.4 684.5 214.1 579.6 544.8
Current Liabilities
Account Payables 10.5 2.0 3.5 1.8 2.0 3.4 0.6 0.6 0.1 0.0 0.4 7.7
Short-Term Debt 109.6 106.7 103.9 95.5 86.2 87.9 36.9 23.4 0 0 0 0
Deferred Revenue 0 0 32.4 0 0 0 0 2.6 2.6 0 0 0
Other Current Liabilities 45.7 49.6 0.5 34.9 30.4 26.2 13.3 2.3 0.1 0 3.0 0.8
Total Current Liabilities 165.8 158.8 153.3 153.2 131.6 131.8 57.7 35.5 4.4 1.2 3.4 8.5
Non-Current Liabilities
Long-Term Debt 1,738.6 676.9 1,708.3 1,021.4 841.5 757.2 302.4 431.6 160 7 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0.2 0 0 0 0.0 0 0.0 (155.5) 0 0 0 0
Total Non-Current Liabilities 1,738.7 1,703.5 1,708.3 1,619.2 1,551.9 1,337.0 744.3 431.6 160 7 6.4 0
Total Liabilities 1,904.6 1,862.3 1,861.5 1,772.4 1,683.5 1,468.8 802.0 467.1 164.4 8.2 9.8 8.5
Stockholders' Equity
Common Stock 0.5 0.5 5.5 5.5 5.4 5.4 5.4 5.4 3.7 1.3 1.1 1.0
Retained Earnings (202.7) (277.5) (354.9) (293.7) (295.6) (358.9) (356.2) (367.8) (379.5) (369.1) 0 0
Accumulated Other Comprehensive Income 221.3 0 0 0 0 0 0 (17.4) (0.0) (0.0) (0.4) 0
Total Stockholders' Equity 719.3 806.6 847.7 907.1 889.4 835.2 839.3 827.3 520.1 205.9 536.6 536.3
Total Liabilities & Equity 2,623.8 2,668.9 2,709.2 2,679.5 2,572.9 2,304.0 1,641.3 1,294.4 684.5 214.1 579.6 544.8
Debt Metrics
Total Debt 1,848.2 1,810.2 1,812.1 1,714.7 1,638.2 1,424.9 781.2 455.0 160 7 0 0
Net Debt 1,400.5 1,373.1 1,401.7 1,382.4 1,437.5 1,296.0 652.2 400.0 150.0 5.6 (25.7) (49.5)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 74.8 117.7 120.0 188.0 162.2 8.1 17.0 11.8 (10.4) (1.8)
Depreciation & Amortization 76.6 75.5 73.4 72.2 69.8 41.8 28.7 17.4 0.0 0.0
Stock-Based Compensation 0 1.1 1.7 0 (1.3) 0.3 0.3 0.2 0.1 0.1
Change in Working Capital (14.9) (0.7) (19.2) 14.4 6.6 9.0 (0.8) 6.8 (5.2) 0.8
Other Non-Cash Items (1.7) (10.8) (1.0) (65.8) (22.5) 30.0 4.5 (0.5) 0.1 0.3
Operating Cash Flow 134.9 182.8 175.0 208.9 214.8 89.3 51.5 35.7 (17.7) (1.1)
Investing Activities
Capital Expenditure 0 (0.0) (0.0) (0.0) (265.9) (691.4) (291.5) (584.4) (77.7) (1.2)
Acquisitions 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 (0.0) (3.0) 0 0
Investing Cash Flow 0 (0.0) (0.0) (0.0) (265.9) (691.4) (291.5) (584.4) (77.7) (1.2)
Financing Activities
Net Debt Issuance 37.3 (3.2) 93.8 80.3 233.2 633.3 324.4 298.5 (117) 0
Stock Repurchased 0 0 0 0 (7.8) (1.7) 0 0 0 0
Dividends Paid (162.3) (161.7) (181.2) (186.1) (98.9) (10.8) (5.4) 0 0 0
Other Financing Activities 0 7.4 (9.1) 12.7 (3.3) (17.5) (5.0) 295.3 0 0
Financing Cash Flow (125.0) (155.6) (96.5) (77.7) 123.1 603.3 314.0 593.9 104.0 0
Cash Position
Net Change in Cash 10.5 26.7 78.1 131.2 72.2 (0.1) 74.0 45.1 8.5 (2.3)
Cash at Beginning 437.2 410.5 332.4 201.2 129.0 129.1 55.1 10.0 1.4 3.7
Cash at End 447.7 437.2 410.5 332.4 201.2 129.0 129.1 55.1 10.0 1.4
Free Cash Flow 134.9 182.8 175.0 208.9 (51.1) (602.1) (240.0) (548.7) (95.4) (2.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Income Statement
Revenue 347.6 356.3 371.0 347.9 343.4 164.5 120.0 77.2 27.3 0 0 0 0 0 0 0 0 0 0
Gross Profit 183.8 207.6 227.6 209.8 209.0 81.9 62.5 33.6 (10.2) (0.7) (0.8) (0.9) (1.2) 2.3 0 0 0 0 0
Operating Income 175.8 197.8 217.2 200.6 201.2 75.6 55.0 29.0 (12.6) (1.5) (2.2) (2.6) 205.5 3.1 (125.7) (108.9) (10.7) (14.8) (0.8)
Net Income 74.8 117.7 120.0 188.0 162.2 8.1 17.0 11.8 (10.4) (1.8) (2.5) (2.6) 205.5 (298.8) (136.0) (108.7) (10.2) (12.0) (2.1)
EPS (Diluted) 1.38 2.18 2.22 3.51 3.04 0.15 0.31 0.29 -0.34 -0.14 -0.19 -0.21 16.30 -23.87 -11.31 -9.62 -0.90 -1.37 -0.54
Balance Sheet
Cash & Equivalents 447.7 437.2 410.4 332.3 200.7 128.9 129.0 54.9 10.0 1.4 25.7 49.5
Total Assets 2,623.8 2,668.9 2,709.2 2,679.5 2,572.9 2,304.0 1,641.3 1,294.4 684.5 214.1 579.6 544.8
Total Debt 1,848.2 1,810.2 1,812.1 1,714.7 1,638.2 1,424.9 781.2 455.0 160 7 0 0
Stockholders' Equity 719.3 806.6 847.7 907.1 889.4 835.2 839.3 827.3 520.1 205.9 536.6 536.3
Cash Flow
Operating Cash Flow 134.9 182.8 175.0 208.9 214.8 89.3 51.5 35.7 (17.7) (1.1)
Capital Expenditure 0 (0.0) (0.0) (0.0) (265.9) (691.4) (291.5) (584.4) (77.7) (1.2)
Free Cash Flow 134.9 182.8 175.0 208.9 (51.1) (602.1) (240.0) (548.7) (95.4) (2.3)