FLEX LNG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	347.64	356.35	371.02	347.92	343.45
Revenue Growth (YoY)	-2.44%	-3.96%	6.64%	1.30%	108.83%
Cost of Revenue	87.25	73.29	70.04	65.93	64.57
Gross Profit	260.39	283.06	300.99	281.99	278.88
Selling, General & Admin	7.97	9.79	10.47	9.15	7.89
Operating Expenses	84.59	85.27	83.83	81.37	77.72
Operating Income	175.8	197.79	217.16	200.62	201.16
Interest Expense	-100.07	-82.75	-90.44	3.09	-37.82
Interest & Investment Income	4.09	4.47	4.87	2.01	0.04
Currency Exchange Gain (Loss)	0.44	-	-	-	-
Other Non Operating Income (Expenses)	-1.29	-1.06	-1.23	-1.46	0.14
EBT Excluding Unusual Items	78.97	118.45	130.36	204.24	163.51
Other Unusual Items	-4.07	-0.64	-10.24	-16.1	-1.21
Pretax Income	74.9	117.82	120.12	188.14	162.3
Income Tax Expense	0.08	0.13	0.08	0.1	0.1
Net Income	74.82	117.68	120.04	188.04	162.21
Net Income to Common	74.82	117.68	120.04	188.04	162.21
Net Income Growth	-36.43%	-1.96%	-36.16%	15.93%	1901.30%
Shares Outstanding (Basic)	54	54	54	53	53
Shares Outstanding (Diluted)	54	54	54	54	53
Shares Change (YoY)	0.11%	0.08%	0.86%	0.34%	-1.72%
EPS (Basic)	1.38	2.19	2.24	3.53	3.04
EPS (Diluted)	1.38	2.18	2.22	3.51	3.04
EPS Growth	-36.70%	-1.80%	-36.75%	15.46%	1929.16%
Free Cash Flow	140.74	182.8	175.03	219.88	-51.09
Free Cash Flow Per Share	2.60	3.38	3.24	4.11	-0.96
Dividend Per Share	3.000	3.000	3.000	3.000	2.300
Dividend Growth	-	-	-	30.44%	475.00%
Gross Margin	74.90%	79.43%	81.12%	81.05%	81.20%
Operating Margin	50.57%	55.51%	58.53%	57.66%	58.57%
Profit Margin	21.52%	33.02%	32.35%	54.05%	47.23%
Free Cash Flow Margin	40.48%	51.30%	47.18%	63.20%	-14.88%
EBITDA	241.53	263.7	282.89	272.84	270.99
EBITDA Margin	69.48%	74.00%	76.24%	78.42%	78.90%
D&A For EBITDA	65.72	65.9	65.73	72.22	69.83
EBIT	175.8	197.79	217.16	200.62	201.16
EBIT Margin	50.57%	55.51%	58.53%	57.66%	58.57%
Effective Tax Rate	0.11%	0.11%	0.07%	0.05%	0.06%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.