FLEX LNG Ltd (FLNG) — Financial statements
Income statement, balance sheet, and cash flow for FLEX LNG Ltd — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 348↓2.4% | 356↓4.0% | 371↑6.6% | 348↑1.3% | 343 | |
| Cost of Revenue | 164↑10.1% | 149↑3.7% | 143↑3.8% | 138↑2.8% | 134 | |
| Gross Profit | 184↓11.5% | 208↓8.8% | 228↑8.5% | 210↑0.3% | 209 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 10↓6.5% | 10↑14.4% | 9↑16.0% | 8 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 8↓18.6% | 10↓6.5% | 10↑14.4% | 9↑16.0% | 8 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 8↓18.6% | 10↓6.5% | 10↑14.4% | 9↑16.0% | 8 | |
| Total Costs & Expenses | 172↑8.4% | 159↑3.0% | 154↑4.5% | 147↑3.5% | 142 | |
| Operating Results | ||||||
| Operating Income | 176↓11.1% | 198↓8.9% | 217↑8.2% | 201↓0.3% | 201 | |
| Depreciation & Amortization | 77↑1.5% | 75↑2.9% | 73↑1.6% | 72↑3.4% | 70 | |
| EBITDA | 244↓18.3% | 299↓1.1% | 302↓10.3% | 337↑16.9% | 288 | |
| EBIT | 168↓25.0% | 223↓2.4% | 229↓13.6% | 265↑21.1% | 219 | |
| Interest & Other Income | ||||||
| Net Interest Income | -89↑12.4% | -101↑2.6% | -104↓39.2% | -75↓33.1% | -56 | |
| Interest Income | 4↓8.5% | 4↓8.2% | 5↑142.8% | 2↑4790.2% | 0.04 | |
| Interest Expense | 93↓12.3% | 106↓2.9% | 109↑41.9% | 77↑36.2% | 56 | |
| Non-Operating Income | 8↑132.3% | -26↓119.2% | -12↑81.8% | -64↓269.2% | -17 | |
| Other Income / Expenses | -101↓26.2% | -80↑17.6% | -97↓677.9% | -12↑67.9% | -39 | |
| Income Before Tax | 75↓36.4% | 118↓1.9% | 120↓36.2% | 188↑15.9% | 162 | |
| Income Tax Expense | 0.08↓37.9% | 0.13↑69.2% | 0.08↓20.4% | 0.10↓1.0% | 0.10 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 75↓36.4% | 118↓2.0% | 120↓36.2% | 188↑15.9% | 162 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 75↓36.4% | 118↓2.0% | 120↓36.2% | 188↑15.9% | 162 | |
| Bottom-Line Net Income | 75↓36.4% | 118↓2.0% | 120↓36.2% | 188↑15.9% | 162 | |
| EPS (Basic) | 1.38↓37.0% | 2.19↓2.2% | 2.24↓36.5% | 3.53↑16.1% | 3.04 | |
| EPS (Diluted) | 1.38↓36.7% | 2.18↓1.8% | 2.22↓36.8% | 3.51↑15.5% | 3.04 | |
| Weighted Average Shares | 54↑0.4% | 54↑0.3% | 54↑0.9% | 53↓0.2% | 53 | |
| Weighted Average Diluted Shares | 54↑0.1% | 54↑0.1% | 54↑0.9% | 54↑0.3% | 53 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.