← Flex LNG Ltd.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $54.9m | $129.0m | $128.9m | $200.7m | $332.3m | $410.4m | $437.2m | $447.6m | |
| Inventory | $915k | $2.7m | $3.7m | $6.5m | $5.3m | $5.1m | $4.8m | $9.0m | |
| Receivables due from related parties | $1.7m | $315k | $166k | $228k | $60k | $786k | $686k | $340k | |
| Other current assets | $2.7m | $11.8m | $25.1m | $17.0m | $16.3m | $26.6m | $31.7m | $46.2m | |
| Total current assets | $60.4m | $143.9m | $157.8m | $224.9m | $354.0m | $443.1m | $474.4m | $503.3m | |
| Restricted cash | — | $93k | $84k | $518k | $72k | $119k | $49k | $65k | |
| Derivative instruments | $0 | $2.4m | ($23.4m) | ($4.8m) | $0 | $48.8m | $40.1m | $604k | |
| Vessels and equipment, net | $812.5m | $1.1b | $1.9b | $2.3b | $2.3b | $2.2b | $2.2b | $2.1b | |
| Other fixed assets | $11k | $10k | $5k | $3k | $3k | $2k | $5k | $0 | |
| Payables due to related parties | $206k | $96k | ($312k) | ($348k) | ($328k) | $384k | $523k | $673k | |
| Other current liabilities | $11.3m | $20.1m | ($40.2m) | ($43.0m) | ($55.6m) | $45.5m | $49.5m | $44.4m | |
| Other non-current liabilities | $0 | $2k | $0 | — | — | — | $0 | $163k | |
| Share capital (2025: 54,520,325 shares issued, par value $0.01 per share (2024: 54,520,325 shares issued, par value $0.01 per share)) | $5,410,000.00 | $5,411,000.00 | ($5,411,000.00) | ($5,411,000.00) | ($5,452,000.00) | $5,452,000.00 | $545,000.00 | $545,000.00 | |
| Treasury shares at cost (2025: 427,949 shares (2024: 432,557)) | — | $0 | $1.7m | $9.4m | $8.1m | ($7.6m) | ($4.2m) | ($4.2m) | |
| Contributed surplus | — | — | — | — | — | $0 | $183.5m | $221.3m | |
| Par value (in USD per share) | — | — | — | — | — | $0.10 | $0.01 | $0.01 | |
| Total non-current assets | $1.2b | $1.5b | $2.1b | $2.3b | $2.3b | $2.3b | $2.2b | $2.1b | |
| Total non-current liabilities | $431.6m | $744.3m | ($1.3b) | ($1.6b) | ($1.6b) | $1.7b | $1.7b | $1.7b | |
| Total equity | $827.3m | $839.3m | ($835.2m) | ($889.4m) | ($907.1m) | $847.7m | $806.6m | $719.3m | |
| Total Assets | $1.3b | $1.6b | $2.3b | $2.6b | $2.7b | $2.7b | $2.7b | $2.6b | |
| Current portion of long-term debt | $23.4m | $34.6m | ($64.5m) | ($81.5m) | ($95.5m) | $103.9m | $106.7m | $109.6m | |
| Accounts payable | $592k | $582k | ($3.4m) | ($2.0m) | ($1.8m) | $3.5m | $2.0m | $10.5m | |
| Total current liabilities | $35.5m | $57.7m | ($131.8m) | ($131.6m) | ($153.2m) | $153.3m | $158.8m | $165.8m | |
| Long-term debt | $431.6m | $744.3m | ($1.3b) | ($1.6b) | ($1.6b) | $1.7b | $1.7b | $1.7b | |
| Total liabilities | $467.1m | $802.0m | ($1.5b) | ($1.7b) | ($1.8b) | $1.9b | $1.9b | $1.9b | |
| Additional paid in capital | $1.2b | $1.2b | ($1.2b) | ($1.2b) | ($1.2b) | $1.2b | $904.3m | $704.3m | |
| Accumulated deficit | ($367.8m) | ($356.2m) | $358.9m | $295.6m | $293.7m | ($354.9m) | ($277.5m) | ($202.7m) | |
| Total Liabilities and Equity | $1.3b | $1.6b | ($2.3b) | ($2.6b) | ($2.7b) | $2.7b | $2.7b | $2.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.