FLEX LNG Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $74.8M | $117.7M | $120.0M | $188.0M | $162.2M | $8.1M | $17.0M | $11.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $76.6M | $75.5M | $73.4M | $72.2M | $69.8M | $41.8M | $28.7M | $17.4M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $76.0K | $1.1M | $1.7M | $331.0K | $-1.3M | $284.0K | $324.0K | $202.0K |
| Net Cash from Operating Activities | $140.7M | $182.8M | $175.0M | $219.9M | $214.8M | $89.3M | $51.5M | $35.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $4.0K | $2.0K | $5.0K | $4.0K | $3.0K | $10.0K | $14.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $0 | $-4.0K | $-2.0K | $-5.0K | $-265.9M | $-691.4M | $-291.5M | $-584.4M |
| Financing Activities | ||||||||
| Dividends Paid | $162.3M | $161.7M | $181.2M | $186.1M | $98.9M | $10.8M | $5.4M | $0 |
| Stock Repurchases | — | — | $0 | $0 | $7.8M | $1.7M | $0 | $0 |
| Net Cash from Financing Activities | $-130.7M | $-155.6M | $-96.5M | $-88.8M | $123.1M | $603.3M | $314.0M | $593.9M |
| Net Change in Cash | $10.5M | $26.7M | $78.1M | $131.2M | $72.2M | $-136.0K | $74.0M | $45.1M |
| Free Cash Flow | $140.7M | $182.8M | $175.0M | $219.9M | $214.8M | $89.3M | $51.5M | $35.7M |