FLEX Net Income From Continuing Ops from 2010 to 2024

FLNG Stock  USD 26.15  0.19  0.72%   
FLEX LNG's Net Income From Continuing Ops is increasing over the last several years with slightly volatile swings. Net Income From Continuing Ops is estimated to finish at about 149.2 M this year. During the period from 2010 to 2024 FLEX LNG Net Income From Continuing Ops regressed destribution of quarterly values had coefficient of variationof  170.23 and r-value of  0.78. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2018-06-30
Previous Quarter
21.8 M
Current Value
17.4 M
Quarterly Volatility
22 M
 
Covid
Check FLEX LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers, such as Interest Expense of 114.2 M, Other Operating Expenses of 99.3 M or Operating Income of 228 M, as well as many indicators such as Price To Sales Ratio of 7.32, Dividend Yield of 0.12 or PTB Ratio of 2.57. FLEX financial statements analysis is a perfect complement when working with FLEX LNG Valuation or Volatility modules.
  
Check out the analysis of FLEX LNG Correlation against competitors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.

Latest FLEX LNG's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of FLEX LNG over the last few years. It is FLEX LNG's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FLEX LNG's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

FLEX Net Income From Continuing Ops Regression Statistics

Arithmetic Mean43,417,273
Geometric Mean11,069,617
Coefficient Of Variation170.23
Mean Deviation62,379,468
Median(1,789,000)
Standard Deviation73,910,681
Sample Variance5462.8T
Range198.4M
R-Value0.78
Mean Square Error2273.5T
R-Squared0.61
Significance0.0006
Slope12,945,488
Total Sum of Squares76479T

FLEX Net Income From Continuing Ops History

2024149.2 M
2023142.1 M
2022188 M
2021162.2 M
20208.1 M
201917 M
201811.8 M

About FLEX LNG Financial Statements

FLEX LNG stakeholders use historical fundamental indicators, such as FLEX LNG's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although FLEX LNG investors may analyze each financial statement separately, they are all interrelated. For example, changes in FLEX LNG's assets and liabilities are reflected in the revenues and expenses on FLEX LNG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in FLEX LNG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing Ops142.1 M149.2 M

Currently Active Assets on Macroaxis

When determining whether FLEX LNG is a strong investment it is important to analyze FLEX LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:
Check out the analysis of FLEX LNG Correlation against competitors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
3
Earnings Share
1.69
Revenue Per Share
6.741
Quarterly Revenue Growth
(0.04)
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.