FLEX Historical Income Statement

FLNG Stock  USD 24.84  0.12  0.49%   
Historical analysis of FLEX LNG income statement accounts such as Operating Income of 262.2 M or Ebit of 276.3 M can show how well FLEX LNG performed in making a profits. Evaluating FLEX LNG income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FLEX LNG's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining FLEX LNG latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FLEX LNG is a good buy for the upcoming year.
Net IncomeGross Profit
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.

About FLEX Income Statement Analysis

FLEX LNG Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FLEX LNG shareholders. The income statement also shows FLEX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

FLEX LNG Income Statement Chart

At this time, FLEX LNG's EBIT is most likely to increase significantly in the upcoming years. The FLEX LNG's current EBITDA is estimated to increase to about 364.9 M, while Total Operating Expenses is projected to decrease to roughly 8.9 M.
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JavaScript chart by amCharts 3.21.152012201420162018202020222024 -250M-200M-150M-100M-50M050M100M150M200M250M300M350M400M450M
JavaScript chart by amCharts 3.21.15Other Operating Expensestotal: 1.6BEbitdatotal: 1.6BSelling General Administrativetotal: 105.8MNet Interest Incometotal: -507.3MTotal Revenuetotal: 2.3B

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FLEX LNG. It is also known as FLEX LNG overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts FLEX LNG generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from FLEX LNG's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FLEX LNG current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.At this time, FLEX LNG's EBIT is most likely to increase significantly in the upcoming years. The FLEX LNG's current EBITDA is estimated to increase to about 364.9 M, while Total Operating Expenses is projected to decrease to roughly 8.9 M.
 2022 2023 2024 2025 (projected)
Other Operating Expenses147.3M153.9M176.9M99.3M
Interest Expense76.6M108.7M125.0M131.3M

FLEX LNG income statement Correlations

0.320.740.760.83-0.060.57-0.890.570.960.220.310.970.960.710.930.9-0.980.89
0.320.050.10.140.29-0.02-0.33-0.020.320.10.610.340.290.240.270.36-0.330.35
0.740.050.990.98-0.70.97-0.590.970.770.07-0.150.770.780.570.630.74-0.760.74
0.760.10.990.99-0.650.96-0.590.960.80.08-0.110.80.80.580.650.79-0.790.77
0.830.140.980.99-0.570.93-0.650.930.860.12-0.040.860.860.630.70.84-0.850.83
-0.060.29-0.7-0.65-0.57-0.80.0-0.8-0.090.160.58-0.07-0.11-0.08-0.05-0.070.09-0.09
0.57-0.020.970.960.93-0.8-0.371.00.630.02-0.260.630.640.450.450.65-0.60.62
-0.89-0.33-0.59-0.59-0.650.0-0.37-0.37-0.84-0.26-0.33-0.82-0.82-0.73-0.83-0.670.88-0.79
0.57-0.020.970.960.93-0.81.0-0.370.630.02-0.260.620.640.450.450.65-0.60.62
0.960.320.770.80.86-0.090.63-0.840.630.270.30.990.990.760.80.95-0.980.96
0.220.10.070.080.120.160.02-0.260.020.270.640.240.220.580.10.21-0.260.3
0.310.61-0.15-0.11-0.040.58-0.26-0.33-0.260.30.640.310.240.330.240.3-0.330.35
0.970.340.770.80.86-0.070.63-0.820.620.990.240.310.980.710.830.97-0.970.94
0.960.290.780.80.86-0.110.64-0.820.640.990.220.240.980.740.80.93-0.970.95
0.710.240.570.580.63-0.080.45-0.730.450.760.580.330.710.740.550.63-0.760.8
0.930.270.630.650.7-0.050.45-0.830.450.80.10.240.830.80.550.75-0.860.7
0.90.360.740.790.84-0.070.65-0.670.650.950.210.30.970.930.630.75-0.920.92
-0.98-0.33-0.76-0.79-0.850.09-0.60.88-0.6-0.98-0.26-0.33-0.97-0.97-0.76-0.86-0.92-0.95
0.890.350.740.770.83-0.090.62-0.790.620.960.30.350.940.950.80.70.92-0.95
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FLEX LNG Account Relationship Matchups

FLEX LNG income statement Accounts

202020212022202320242025 (projected)
Interest Expense41.8M56.2M76.6M108.7M125.0M131.3M
Other Operating Expenses88.8M142.3M147.3M153.9M176.9M99.3M
Operating Income75.6M201.2M200.6M217.2M249.7M262.2M
Ebit75.6M201.2M264.7M228.8M263.2M276.3M
Ebitda117.5M271.0M337.0M302.2M347.5M364.9M
Total Operating Expenses6.3M7.9M9.1M10.5M9.4M8.9M
Income Before Tax8.2M162.3M188.1M120.1M138.1M145.0M
Total Other Income Expense Net(67.4M)(38.9M)(12.5M)(97.0M)(87.3M)(83.0M)
Net Income8.1M162.2M188.0M120.0M138.0M144.9M
Depreciation And Amortization41.8M69.8M72.2M73.4M84.4M88.6M
Income Tax Expense84K99K98K78K70.2K57.9K
Selling General Administrative6.3M7.9M9.1M10.5M9.4M5.2M
Gross Profit81.9M209.0M209.8M227.6M261.8M274.9M
Cost Of Revenue82.5M134.4M138.2M143.4M164.9M173.2M
Tax Provision84K99K98K118K135.7K72.6K
Interest Income327K41K2.0M5.0M5.7M6.0M
Net Income From Continuing Ops8.1M162.2M188.0M142.1M163.4M171.6M
Net Income Applicable To Common Shares17.0M8.1M162.2M188.0M216.2M227.1M
Net Interest Income(41.6M)(56.4M)(75.1M)(102.4M)(92.1M)(87.5M)
Total Revenue164.5M343.4M347.9M371.0M426.7M448.0M
Reconciled Depreciation41.8M69.8M72.2M72.8M83.7M47.6M

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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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
1.39
Dividend Share
3
Earnings Share
2.18
Revenue Per Share
6.617
Quarterly Revenue Growth
(0.07)
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.
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